Sign in
Download Opera News App

News Society


Crime Justice



How A 24-Year-Old Lady Was Declared Wanted By Interpol After Scamming People With Her Ponzi Scheme

Ponzi scheme is believed to be an investment fraud that pays existing investors with funds collected from new members and the Government have warned Nigerians to desist from such investment.

According to a report from a verified source, Peoples Gazette, a 24-year old lady identified as Ms Munachim Onyia has been declared wanted by Interpol after using her investment scheme to scam Nigerians over #5.3 billion.

Source: Peoples Gazette

The police bulletin sourced from the Peoples Gazette revealed that the lady obtained money under false pretence as she claimed she was a CBN agent. The said lady has been running a sole proprietorship business which she registered in 2018. She also reportedly ran IBC Africa, which is an investment firm and Muna investment, which is a ponzi scheme that she allegedly used to defraud her victims.

She did not only scammed her victims with her ponzi scheme, she also lied to them that she works in Central Bank of Nigeria, a scope which she used to lure people to invest in the scheme.

Source: Peoples Gazette

With the way the ponzi scheme, 'MMM' dealt with people some years back, I don't expect anyone to still invest in a ponzi scheme. Ponzi schemes appear to be a quick way to become rich, but the truth is that it's not so as the owners of the scheme are robbing 'Peter' to pay 'Paul' and when people stop registering with their money, the new investors don't get paid.

I would want Nigerians, particularly the youths to learn something from this so that they won't fall victims to the scam and the things to learn are;

1. No Ponzi Scheme is 100% sure because it is an investment fraud.

2. Since it's a fraud, never promote it or convince anyone to join.

Source: Peoples Gazette

Content created and supplied by: ReignJerry (via Opera News )

Central Bank of Nigeria IBC Africa Muna Munachim Peoples Gazette


Load app to read more comments