Ponzi Schemes and the Get-Rich-Quick Syndrome in Nigeria
The allure of quick wealth has entrenched itself deeply in Nigeria, giving rise to widespread participation in Ponzi schemes. These fraudulent financial ventures promise unrealistic returns, targeting a population eager for rapid financial elevation. While the desire for prosperity is universal, Nigeria’s socio-economic challenges have amplified this “get-rich-quick” syndrome, often leading to devastating consequences. What […]
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