Avoid Ponzi/Ponzi scheme is a scam

[Onyeeze]

Be aware of GMG website, should Incase kind of website will be close to your country, this site is a ponzi scam website where you will be asked to invest with the them, some days a go some people who invested with site because of a skirt Maker who promoted the site and many people thought with the skirt Maker who is promoting the GMG website that the site will be legit. So I'm of the opinion that we should avoid ponzi scheme and also make sure we make a research properly before investing in a newly created website. To inform you very well the website has crashed and people who invested their money, all are lost. Let everyone be careful for investment.




https://www.nairaland.com/7675996/ponzi-scheme-gmg-finally-crashed

[dzungmobile]

some days a go some people who invested with site because of a skirt Maker who promoted the site and many people thought with the skirt Maker who is promoting the GMG website that the site will be legit.

Don't trust influencers. They can scam you intentionally by working for Ponzi projects but they might even not know that project is scam and they eve lose their money too.

Crypto Investing and the Curse of the Luna Tattoo

Mike Novogratz lost his money with Terra $LUNA too and if you followed his investment decision, did the same thing, you lost money too.

[Cantsay]

I Googled "GMG" and received a variety of results, none of which were investment sites; some were maritime sites, while others were for reservations. Therefore, including a direct link to the site is preferable.

Some days a go some people who invested with site because of a skirt Maker who promoted the site and many people thought with the skirt Maker who is promoting the GMG website that the site will be legit. So I'm of the opinion that we should avoid ponzi scheme and also make sure we make a research properly before investing in a newly created website.

The skirt maker was contacted or asked to help them promote their project not because of his knowledge of the project, but rather because of his influence, or the number of people that the project could reach through him.
I wouldn't be surprised if the skirt maker in question never visited the website he promoted; as long as these influencers get paid, they couldn't care less about what happens to their viewers or those they claim to be fans.

It's now being repeated everywhere DYOR, regardless of who is selling you a project, if you haven't done your own research, don't buy it.

P.S. Please reduce the size of your images as they take too long to load and mess up the appearance of your thread.

[Pmalek]

I Googled "GMG" and received a variety of results, none of which were investment sites; some were maritime sites, while others were for reservations. Therefore, including a direct link to the site is preferable.

GMG stands for Graphene Manufacturing Group according to the screenshots in OP. I don't know if some Nigerian scammer created a lookalike or fake website with the same name. From the little research I did, the real Graphene Manufacturing Group is headquartered in Australia. It's also a publicly listed company whose shares you can trade on the stock market. It's a bit difficult to understand OP with the way he is expressing himself.

[tabas]

If it has crashed already then that means that people should be aware of any the same scheme as what GMG has made to you guys. And trust no one even if the advertiser is going to be a very influential person or celebrity. The fate of these investments are not in their hands but still in the hands of the developers that has the intention to scam people. They're just good as advertisers but after getting paid, they can go away from any trouble from them. But just as the US, they've got serious law about these influencers and advertisers to become responsible to what they are advertising with.

[Hyphen(-)]

Be aware of GMG website, should Incase kind of website will be close to your country, this site is a ponzi scam website where you will be asked to invest with the them, some days a go some people who invested with site because of a skirt Maker who promoted the site and many people thought with the skirt Maker who is promoting the GMG website that the site will be legit.

Most of these websites promoted by skirt makers cannot be fully trusted because even skirt makers cannot be trusted when it comes to money and investment.

Such websites have their own goal, and once they achieve it, they run off with other people's money. However, those who participate in such websites' Ponzi schemes are typically run by greedy individuals who want to make quick money without learning anything about cryptocurrency. To avoid such a story, it is always advisable to conduct extensive research on any website or platform where you intend to invest your money.

[BIT-BENDER]

Most of these websites promoted by skirt makers cannot be fully trusted because even skirt makers cannot be trusted when it comes to money and investment.

Why would any one ever get their Information or advice on what to join or use from a promotion they found in the video of a skit maker.

Skit maker are content creator who are trying to use the popularity they have gotten from the content they been making to get profit.

Many of them to scrutinize those who offer them any deal they would be financially earning from. I know of a particular skit maker that was an ambassador to what latter became a fail and scam Exchange in my country.

[Dr.Bitcoin_Strange]

LOL, it looks like some people are already investing in it. It will sure be what it used to be: ponzi and people looking to make quick cash, so definitely some people will fall victim, apart from those reading through this thread, those that the ponzi have not extended to their country, and people who remain unmoved in this aspect of making money. Obviously, there are going to be more of these ponzi schemes arising before the end of this year; people just have to be careful and do proper research before putting in their money on any platform.

[macson]

greed always destroys people, ROI that is too big will always make bad luck in the future.

in the US there is FINRA which helps a lot of people in educating people about the dangers of fraudulent investments and ponzi schemes but in third world countries, the institutions responsible are very small because the attention of the government in that country about citizens trapped in fraudulent investments is not big.

Therefore, before you really get caught in a bogus investment or ponzi scheme, be skeptical and don't easily believe in any promises that are offered because everything is just bait.

[GiftedMAN]

This is what you get when you invest in a get quick money scheme just like this one, well am not surprised to see that it has crashed already because the rate at which I saw a lot of people advertising GMG in the internet without proper findings got me so worried, l think there's no need to advise people again on investing in Ponzi scheme businesses because they never get to learn after losing funds and once they get information about a new one, they will also rush and start investing until they lose all the money they have. I believe so many Nigerians will be in tears now on hearing about the crashing of GMG but I hope they learn from this because this is not the first time they have cried out loud after losing funds from so many Ponzi scheme Investments.

[SOKO-DEKE]

Be aware of GMG website, should Incase kind of website will be close to your country, this site is a ponzi scam website where you will be asked to invest with the them, some days a go some people who invested with site because of a skirt Maker who promoted the site and many people thought with the skirt Maker who is promoting the GMG website that the site will be legit.

We shouldn't trust many of these celebrities when it comes to financial matters, even if you are one of their followers, because it is not a new thing that many of them are aware of kind of advertising  they always do but due to money this scammers do offer them make them fool public.

I've learnt my lesson, so no one will be able to persuade me now  to invest in any internet businesses that offer a some of percentage of my investment because I've already made that mistake before.I believe that by this point, people should have realized that there is no such thing as free money online and stop participating on all this online investment that always promise them huge return. If I imagine how, in the past, the money that people wasted on ponzi schemes may have been better used to invest in bitcoin.and I may say these kind of people may be aware of the possibility of investing in bitcoin but they will never do so because they are only interested in getting quick money.
 

[Doan9269]

Be aware of GMG website, should Incase kind of website will be close to your country, this site is a ponzi scam website where you will be asked to invest with the them, some days a go some people who invested with site because of a skirt Maker who promoted the site and many people thought with the skirt Maker who is promoting the GMG website that the site will be legit.

Anybody can take the contract of the job to promote a business or websites but ours is to give everything we see online a second thought before assuming them to be genuine, investing in an online website that promises you a massive return within a couple of days should indicate a scam to you except for a novice, this are the limes of projects that makes people loose interest on bitcoin believing everything that is a digital network is a scam, because they have scammed many people in the past and they no longer finr that trust again with anything that deals with online business, but bitcoin is a changer of it all, except if you're asked to to do shady things or reveal your privacy with online influencers about your bitcoin and get you scammed.

[SatoPrincess]

In my opinion, anyone who is gullible enough to take financial advice from a comedian should be ready to take responsibility when that investment fails, the skit maker in question does not make contents on investment and cannot be said to be knowledgeable on such subjects. I’m sure he didn’t do research on the platform before using his socials to do an advert for them, I don’t think the victims can hold him accountable for their lost funds.

The offer was just too good to be true, and is obviously a hyip…robbing Peter to pay Paul but yet the signs were ignored by people who wanted to make internet money. It’s that time of the year again, and we are seeing more scams come up with enticing offers.

[Stable090]

Be aware of GMG website, should Incase kind of website will be close to your country, this site is a ponzi scam website where you will be asked to invest with the them, some days a go some people who invested with site because of a skirt Maker who promoted the site and many people thought with the skirt Maker who is promoting the GMG website that the site will be legit. So I'm of the opinion that we should avoid ponzi scheme and also make sure we make a research properly before investing in a newly created website. To inform you very well the website has crashed and people who invested their money, all are lost. Let everyone be careful for investment.

When it comes to bitcoin and cryptocurrency, no influencer or skit maker should be trusted, most of them just care about the money they will be paid, and they don’t care to confirm if what they are promoting is right or wrong. Have seen different skit maker marketing Ponzi scheme in my country, but from what I noticed, I think most of them are always among the owner of the sites or the Ponzi scheme, so it’s just like they are marketing their product. I think the best thing that should be done is that if any influencer or skit maker market any product and it’s turn out to be a scam, then they should be arrested and investigated, if they are found guilty then they should be punished.

[Rruchi man]

some people who invested with site because of a skirt Maker who promoted the site and many people thought with the skirt Maker who is promoting the GMG website that the site will be legit.

So people invested in something they did not research about simply because a skit maker promoted it, very silly! the truth is they invested because of their greed in wanting to get rich quickly but are now blaming the skit maker who was simply doing a job he was paid to do for everything.

There have been more terrible Ponzi schemes that have been done in the past that many people fell victim for that should be enough to teach a lesson to not just the people who experienced it, but anyone who hears it. But as long as there is greed, there will always be people that will be victims of Ponzi schemes.

[Oluwa-btc]

I Googled "GMG" and received a variety of results, none of which were investment sites; some were maritime sites, while others were for reservations. Therefore, including a direct link to the site is preferable.

GMG stands for Graphene Manufacturing Group according to the screenshots in OP. I don't know if some Nigerian scammer created a lookalike or fake website with the same name. From the little research I did, the real Graphene Manufacturing Group is headquartered in Australia. It's also a publicly listed company whose shares you can trade on the stock market. It's a bit difficult to understand OP with the way he is expressing himself.

The entire explanation so bizarre and confusing but then it's all about them schemes of invest $8 which is equivalent to 4000naira and get 1000naira daily. Few days ago I saw close pals doing same shit I was persuaded to do same but all fell on deaf ears.
Some group of people recently invested to get returns but last night all I hear was that they found it difficult to withdraw the daily returns they was suppose to get.

So in conclusion, OP was trying to send a clear warning to the public to stay away from investment sites like it. At the headquarters shit might be going well but to make gains they must have built up a site to steal funds from folks I guess.

[Crypt0Gore]

This is not happening with Nigerians only, many people from different part of the world are into HYIP ( High Yield Investment Plan ) and by the time goes on they crash on new people, oy those that get into the game from the launch date will make some money and exit the scheme before it's too late, I was into HYIP before I know about Bitcoin, I started with USD before Bitcoin payment was allowed and I got greedy, hoping that my daily money enter my account, one day the earth stood still. Before I knew what's going on the website is no more working.

There is always a first lesson to be learned, either the soft way or the hard way, but that's not the issue, the problem is encountering the lesson and not learning from it, when this happened to me I made a promise to never go back into such again.

[ancafe]

So I'm of the opinion that we should avoid ponzi scheme and also make sure we make a research properly before investing in a newly created website. To inform you very well the website has crashed and people who invested their money, all are lost. Let everyone be careful for investment.

Whatever the reason try to avoid the loopholes that promise huge returns from anything other than a ponzi scheme there is a process you have to go through every time you try to make a profit and even when you try to invest in bitcoins. There is no instant form of making a profit instead it takes a process to go through, there are many reasons not to trust this scheme and probably many of the cases we have seen so far about fraud being run like this.

Be wise in choosing and pay attention to the level of risk posed by third parties, because if you want to play it safe you should try to invest on your own and the OP should reduce the size of the image because it is too big and doesn't look good or you can combine several sides to make it look neat.

[Merit.s]

GMG what a ponzi scheme that was launched last week. My neighbour introduced me to this ponzi project last week Wednesday to invest in it,that I will get paid everyday and in four days time I will get back the amount of money that I invested and I will start earning one quarter of what I invested everyday. I looked at it and I told her that it is a set of scammers that have come with the project to scam the greedy ones off their funds, that for this I wouldn't invest because it will crash anytime. I have fallen victim once and ever since then I don't do anything about money on internet with strangers. This project is like other shitcoins project which they pump up under a trickle of an eye and go down to zero in no time. Beware of scammers, they come with different strategy.

[GeorgeJohn]

I have seen that some people has already invested in the platform, and the platform has crashed, but one is that we have to scruntized a platform before we venture into investment, from my understanding concerning ponzi scheme investment none of ponzi scheme can be say to be real, and what actually attract some people such investment is the profit difference I saw on the picture of op, so greediness is the major factor or condition that pushed people to go into such kind of platform to invest without verification, so people doesn't research for a particular platform before patterning with the platform foe investment, at least we should have known the durability of platform and if the platform is ponzi before venturing or investment our hard earn money for scam investment platform.