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Nairaland Forum / Nairaland / General / Investment / Ponzi And Mavrodi Schemes Are Scams (428 Views)
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Ponzi And Mavrodi Schemes Are Scams by netgenus(m): 12:54am On Mar 28, 2017 |
GREAT INVESTORS GROUP We help you invest as investment brokers in Commodities, Real Estates and other legit platforms. Mr Ponzi’s and Mr Mavrodi’s schemes have been confirmed to be scams. In these schemes, while the predators get huge returns, the preys go broke. So many lives have been destroyed. So many homes have been torn apart and some have even committed suicide. Some died of heart attack. These schemes were not instituted to enrich you but to impoverish you. Financial illiterates fall flat for these and lose oodles of money, some of which were borrowed or loaned. WHY PONZI’S AND MAVRODI’S SCHEMES MUST FAIL The following are the reasons why the above schemes are bound to fail: (1) High pay-outs (2) No investment 1 HIGH PAY-OUTS: These schemes promise you of great returns, far above your “donations”. Some promise you 30%, 50%, 100%, 200%, etc per month. Some even promise participants 100% in 7days. This is crazy. What magic would be performed to double your money multiple times? Some actually have been paid heavily and have testified to attract others. The money those testifiers collected is the money other participants “donated”. Since there is no financial literacy involved, the schemes are bound to crash and those who are yet to receive help or GH as they call it would be told to provide another help (PH) so that they can GH the money which has already gone to other people’s pockets! That is as a result of financial ignorance and illiteracy. 2 NO INVESTMENT: The height of this ignorance is that the inventors of these schemes don’t even invest the money at all. The money keeps rotating; moving from one account to the other until it finally stops in some participants’ accounts, then the rest who are yet to receive payment (GH) will lose heavily. That is just the system. Even if the inventors of these schemes decide to invest, from where will they get the 30%, 50%, 100%, 200%, etc to pay participants? Which business can consistently yield such amounts? FINANCIAL LITERACY The rule of money multiplicity is found in savings and investments. If money is not invested, it cannot multiply. Therefore, to grow rich legitimately, you have to learn how to save and invest. It takes time to grow rich legitimately. But most of us are given to avarice and megalomania. Everybody wants to get rich quick, including some of us that preach the gospel. However, this is high time we repented. We have to do real businesses. A sophisticated investor has a long- term mentality and approach. You should invest your money and give it time to grow. You can invest and leave it for 5,10 or even 20 years. Drop your e-mail if you want to know where and how to invest |
Re: Ponzi And Mavrodi Schemes Are Scams by sats: 5:59am On Mar 28, 2017 |
netgenus: golden rule of ponzi : dont put in more than you can afford to lose Come here, dey preach, ponzi is not for the chickenhearted, if your mind no carry am, stay out i didnt read the epistle you posted up there 1 Like |
Re: Ponzi And Mavrodi Schemes Are Scams by mrtomola(m): 6:20am On Mar 28, 2017 |
The Preacher ! How much have you made so far from your own so called holy investment ? Omniknowest. |
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