Whether it鈥檚 weird forex academies or people who ask you to invest in hopes of getting double your capital, there鈥檚 one common thing about : your money will suffer for it. This guide is to help you notice them from afar and hold on tight to your pocket.
They want to teach you how to make money
Think about it. Why would anyone want to do that?
But they want you to bring your own money first
It should be obvious at this point that these people are up to no good.
They want you to bring your friends and their money too
They鈥檒l ask you to bring three people who鈥檒l bring three people who鈥檒l then bring three people. It can only be one of two things: witchcraft or a pyramid scheme. Run!
They use a lot of motivational quotes
They鈥檒l bombard you with all these nice-sounding buzzwords like 鈥渁bundance mindset鈥 and 鈥渘ot limiting yourself鈥. This is just to get you dizzy on motivation till you drop your house rent.
The returns look fishy
If 鈥30% interest after 4 weeks鈥 doesn鈥檛 make you wonder if there鈥檚 some yoruba movie shenanigans going on, then you should at least be worried.
RELATED: 4 Nigerians on the Bad Spending Experiences They鈥檝e Had
There鈥檚 always one person at the top
There鈥檚 always someone who seems to have done everything right and now makes a lot of money from the scheme. This is to keep the dream alive in your mind.
Your friends join and try to sell you on it
This is most likely how you鈥檒l find out about it in the first place. Just remember, if you do it, you鈥檙e their lunch money.
The business is looking somehow
If you can鈥檛 figure out what they actually do to make money, in a way that鈥檚 as simple as selling biscuit for 鈧10, it鈥檚 probably a pyramid scheme.
You鈥檙e wondering if it鈥檚 a business or a cult
They do usually give off cult vibes. Because why else would they ask you to recruit your family members?
ALSO READ: 6 Nigerians Share Their Experiences With Pyramid Schemes
