4000 Naira Review: 4000naira.com is a recently launched ponzi scheme which have been the talk of many Nigerians. It claims it could make you times five of your money within a week. How true is this? Is it Legit? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams. In this review of Loom, we provide you information based on our investigations and user experiences to help guide you make the proper decision.
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What Is 4000 Naira?
4000naira.com is the latest ponzi in Nigeria. From our findings, 4000naira is a peer to peer pyramid that depends solely in recruitment of new investors to keep the chain running. Funny enough, this ponzi has no face attached to it.
The Truth About 4000 Naira
We seems to be in the era of Ponzi schemes, just like in 2017 when MMM, Ultimate Cycler and the likes were the rave in Nigeria. Presently we have Loom Money and 4000naira, However with 4000 Naira, the method and ROI is quite different thus looking quite convincing and legit. Is 4000naira.com really what it claims to be?
How Does 4000 Naira Work
The steps are quite easy and simple.
First step: Register
Second step: Pay N4,000 to a member assigned to you.
Third step: Receive N4,000 each from five members assigned to you.
Sounds quite simple right? Making money can’t be that easy. If you check their Terms Page, you will have reasons to run as far as your legs can carry you.
4000Naira Review: Disturbing Things Found
Most of this scam quick-profit investment schemes are HYIPs. What is a HYIP? It is a just a type of ponzi scheme. Initial investors only get paid when new people sign up and invest, what this means is that you are under pressure to bring in new investors so that you will get paid. As soon as the amount of new investor drops, the owners do away with the money invested, and the site is closed down since there is no longer enough money to pay initial investors. Those that benefit most times are the first investors. The system is not sustainable because it will surely shut down abruptly leaving your money trapped in the hands of the scammers that set it up initially.
Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.
They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.
Expert Option is a highly reputable and transparent broker . In our judgment and user feedbacks from traders, they are ranked one of the best brokers in the industry. They have amazing features and a robust support system. They also offer free demo account where you could try out trading risk-free. They could be reached through live chat, phone and email. The minimum deposit is $25 which is one of the lowest in the industry.