BREAKING: After MMM "Crashed", NNN Nigeria debuts

BREAKING: After MMM "Crashed", NNN Nigeria debuts

A new money doubling scheme, NNN, has debuted in Nigeria just few days after the “alleged” crashing of popular scheme MMM Nigeria.

BREAKING: After MMM, NNN Nigeria debuts
The new Ponzi scheme, NNN

It is believed that the new scheme is modeled after MMM as NNN promises 35% on investments by participants.

READ ALSO: JUST IN: MMM runs to Kenya as mysterious site promise to refund Nigerians

According to a statement on its website, "NNN is a community of ordinary people, selflessly helping each other, a kind of mutual aid. This is the first sprout of something new in modern soulless and ruthless world of greed and hard cash."

It added that; "The goal here is not the money. The goal is to ACQUIRE AS MUCH AS YOU CAN."

According to the website, NNN is owned by the participants, its a community by the people and for the people. A team of freedom lovers in America headed by an influential Yoruba man came up with a logic ad tested it offline in New York City in 2014. In September 2015, these men held a conference in VI Lagos where they introduced NNN logic. It was an improved MMM system- there will be no moratorium and the system will be automated.

READ ALSO: BREAKING: MMM set to lift BAN, “Monies” to be released in batches

Legit.ng cannot authenticate if this is a real Ponzi scheme or a fraudulent act by some Nigerians who want to swindle unsuspecting money lovers.

Meanwhile, aside MMM and Ultimate Cycler, here is a list of 5 Ponzi schemes trending among young adults in Nigeria.

Source: Legit.ng

Authors:
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Khadijah Thabit (Copyeditor) Khadijah Thabit is an editor with over 3 years of experience editing and managing contents such as articles, blogs, newsletters and social leads. She has a BA in English and Literary Studies from the University of Ibadan, Nigeria. Khadijah joined Legit.ng in September 2020 as a copyeditor and proofreader for the Human Interest, Current Affairs, Business, Sports and PR desks. As a grammar police, she develops her skills by reading novels and dictionaries. Email: khadeeejathabit@gmail.com