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Nairaland Forum / Nairaland / General / Investment / Fear Grips Nigerians In MMM, Others As Ponzi Website, Ultimate Cycler, Crashes (806 Views)
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Fear Grips Nigerians In MMM, Others As Ponzi Website, Ultimate Cycler, Crashes by lewispius: 5:19pm On Dec 03, 2016 |
One of the ponzi schemes in Nigeria, Ultimate Cycler has crashed, sending panic waves across many of its Nigerian members who have invested their money in it as well as those who have equally invested in others such as MMM. The ponzi website, Ultimate Cycler went down early Thursday morning, specifically around 10:30am(Nigerian time), shutting out every member who owns an account with it. When accessed, the site initially displayed an error line of code, before displaying ”Error 500” in bold letters, then it proceeded to display another message: “Be right back. We are currently updating the site to give you a more pleasurable experience and will be back online shortly. Our update estimation is to be complete over the next 6 – 12 hours. Thank you, Peter Wolfing.” Ultimate Cycler is a new ponzi scheme that followed MMM. This new money doubling scheme claims a promise of better returns on invested money than MMM. The hook for Ultimate Cycler is members get a return of N50,000 after paying N12,500 to a fellow member he or she registered under. As at the time of filing this report, the ponzi website has still not come to life. Dangers for members who have invested in it or others like MMM is that when such websites go down, chances are that it never comes up again and hence, “investors’” money goes with it. So, will Ultimate Cycler ever come back to life? This is question on the minds of every member. Source: Vanguard. cc:lalasticlala http://gistreel.com/2016/12/03/fear-grips-nigerians-mmm-others-ponzi-website-ultimate-cycler-crashes/
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Re: Fear Grips Nigerians In MMM, Others As Ponzi Website, Ultimate Cycler, Crashes by BIGGMAMA: 5:23pm On Dec 03, 2016 |
It will be back. I made other 450k in a week. Thank God for crowd rising that I just registered under a fantastic group that has given me two referrals. They will surely bounce back |
Re: Fear Grips Nigerians In MMM, Others As Ponzi Website, Ultimate Cycler, Crashes by olayinex(m): 6:36pm On Dec 03, 2016 |
BIGGMAMA:guy I believe you, Haba just like dat |
Re: Fear Grips Nigerians In MMM, Others As Ponzi Website, Ultimate Cycler, Crashes by BIGGMAMA: 7:30pm On Dec 03, 2016 |
olayinex: Why will I lie? In my group, people really made money. 1 Like |
Re: Fear Grips Nigerians In MMM, Others As Ponzi Website, Ultimate Cycler, Crashes by Nobody: 7:52pm On Dec 03, 2016 |
Even paradise payment nigeria PPN has been shut down for almost a week now |
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