DISCUSSION: Why Do Folks Nonetheless Do Ponzi?

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Networking, ponzi schemes. Through the years, individuals, Nigerians have fallen for ponzi schemes and fraudsters, like MMM, final cycle, and so forth.Ponzi has been operating for a protracted whereas now, MMM wasn’t the primary wave of ponzi to brush by way of and its not going to be the final.

When people who advocate and promote these ponzi speak to you eh, their mouth dey candy like sugar, them go let you know the way you go use 100 naira to get a million in a single month, attempting to rope and lure you in with promise of more cash than you may ever know what to do with.

The query is “why do people nonetheless succumb to those schemes even when they need to have learnt their classes?”
Some individuals wey dey be a part of all this ponzi get many causes o. That’s why every new one which comes up, they be a part of and fall for it. You sef suppose know say this ponzi dey pay some individuals o.

No be everyone e don chop their cash, some individuals had efficiently withdrawn the cash they invested earlier than every one closes down, however this reaping be like say that first clients dey gather am. If you happen to nonetheless dey marvel why individual wey don lose cash to this ponzi go get thoughts enter one other one,

This match be why:

See eh, greediness na huge downside. Folks wey dey enter this ponzi dey very grasping. For instance, how do you anticipate to earn over 100ok with simply 1k, within the house of 1-2weeks. Which actual life investments brings such return, in such small period of time? A grasping individual received’t get out of the scheme early, presumably after they’ve made a return of the cash invested. That’s the reason these ponzi at all times get them.

A poor individual will likely be keen to do something for cash. The lure and promise of creating giant sums, whereas investing so little will catch a poor individual’s consideration. Papa Emeka wey get 7 kids, individual go inform am make he give am 3k,say subsequent week he go get 300ok, papa Emeka is not going to hesitate to surrender his hard-earned cash after getting such attractive promise.

Folks declare that working good is best than working exhausting are the most important prey of this ponzi. Of cos, all of us agree that working good is best and extra helpful than working exhausting. But when not for laziness, a person would take out his/her time to take a look at a scheme or that funding earlier than placing their cash in it. How does it function? How do you earn? Is it authorized and insured? However laziness no go gree that individual see street, besides the cash wey dey don inform am say e go get.

An ignorant individual is a straightforward prey for this rip-off. They no get any concept, wetin funding or incomes or revenue imply. All they know and care about is cash, more cash. A few of these ignorant individuals, will not be even conscious after they lose their cash, they’re nonetheless hopeful that they may get it again by some means as they’ve full hope in that doubtful system.

Desperation, illiteracy, Selfishness, envy all these, are a part of the the explanation why individuals repeatedly fall for this ponzi schemes. If we start speak all wetin dey inspire individuals to do that ponzi, we go sleep right here at this time. However the reality nonetheless stays, that our society must be cautious and watchful of those doubtful schemes as a result of fast cash no dey final.