Funny enough I have not heard of this Ponzi scheme before. You mentioned Hive platform scammed you and your friends in 2023 and tbh I didn’t hear of them in that time. Maybe they weren’t as popular as Twinkas, MMM, and others or it could be that the people who were into it were gatekeeping the platform. It’s funny how people do not want to share information that would profit their friends unless they are gaining from it but the same people will come out and complain to you when they are scammed. I’m sorry for your loss but I wouldn’t blame the government at this point, we have seen a lot of Ponzi schemes with the same pattern over the years so we have no excuse for falling for them. It is our greed that is to blame.
I only got to know because a friend came to meet me to register with his link and I had to interview him about what he's introducing me to.
This particular scheme is more difficult to admit that it's a scam especially if you haven't fallen victim before. They appear to be a registered company and pose to give online jobs. Most times they succeed in registering with the CAC which is why many people fall for their scams because they believe they can easily access their profile through the CAC, but this is not true. Another funny part of this UBER and EMAAR is that they're using the same pattern that Hive and Goldmine used and people are still falling for them. Pls let's notify our loved ones to avoid loosing their money to this scam. I was thinking that Ponzi scheme is now a thing of the past but no, it's just beginning.
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Maybe twice, maybe thrice, maybe never...
It's not as if most of the people delving into most of these Ponzi schemes are ignorant of the fact that it's a scam. I have a friend who actively patronozes these sort of Ponzi schemes and when you try dissuading him not to get involved, he tells you that he already knows that it's a scam and wouldn't be around forever. But his idea about these schemes is that, the first comers are always fortunate enough to make something out of it, because they'll likely wanna stick around to rag out some good amount of money before disappearing, which means that only the late comers would be unfortunate, so he goes in when it's relatively new and early and leaves before you know it. And honestly, sometimes, he's able to make something out of it, and sometimes, it's quite the opposite. But the honest truth is that, these piece of shits are very dangerous and should be completely avoided by all means
Some people would never hear when it comes to quick money. My concern is that it is this kind of person that will be carrying the news into the streets and sharing the links with the innocent ignorant folks. When it finally crashes, he will be asking all of them if he forced them to invest their money. They can be manipulative and if you are not careful you will be convinced to invest because all he cares about is his 10% gain.
