Caveat Emptor:SEC warns Nigerians against rising ponzi schemes on WhatsApp, TikTok, Instagram

#41 · May 15, 2026, 1:35 pm

Guaranteed unrealistic returns… if someone tells you 50% in a week, ask them why they are not the richest person in the world yet. If the business is that good, they don’t need your N5,000 to grow.

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