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Loom Money Nigeria Is A Pure Scam And Is Illegal - Investment - Nairaland

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Loom Money Nigeria Is A Pure Scam And Is Illegal by akinzgist(m): 3:03pm On May 09, 2019
Nigeria Loom Is Scam, Loom ponzi scheme first appeared in UK and it trend like wild fire in Australia and then, it went viral on social media platforms and finally, it came to Nigeria our country.

Two years after the popular Mavrodi Mundial Moneybox (MMM) Ponzi scheme crashed with millions of Naira lost, Nigerians are starting to flood towards Loom, another scheme that promises astonishing returns on investment.

MMM penetrated the Nigerian market in 2015 with over 2 million people signing up for the scheme by the time it crashed in December 2016.

Despite the loss of billions to that scheme and many of its ilk, Loom Money Nigeria is starting to gain widespread following among Nigeria’s online community.

Loom is a peer-to-peer pyramid scheme which involves people being invited to invest as little as N1000, or N2000, or N13,000 and get as much as eight times its value within a short period of time.

You know Nigerians can never learn from their past mistakes because they love awoof and I will say who has ears let him hear that;

Continue reading here.......

https://viewmytech.com/loom-is-scam-dont-try-it/

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Re: Loom Money Nigeria Is A Pure Scam And Is Illegal by ziziangel(m): 3:36pm On May 09, 2019
I wonder how someone almost got drowned in a swimming pool and he still decides to take swimming lessons on the pacific ocean

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Re: Loom Money Nigeria Is A Pure Scam And Is Illegal by NairalandAngel(m): 5:57pm On May 10, 2019
ziziangel:
I wonder how someone almost got drowned in a swimming pool and he still decides to take swimming lessons on the pacific ocean

The reason is pure greed!

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Re: Loom Money Nigeria Is A Pure Scam And Is Illegal by chanceboss: 12:04pm On Sep 14, 2020
My Brother greed leads and will continue leading, do you know what eight times means?? If they see genuine and less returns they run away, thank God no one will come and cry to my ear

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