You will most likely be scammed in Nigeria more times than you will visit your dentist. There’s a scam waiting for you at every turn or swipe you make on the internet, from Twitter to Instagram, and some even wait for you in right in your text messages.
Here’s a list of 6 of the most common ways you can be scammed in Nigeria.
1. The “investments”.
These investments always offer extremely high returns. The kind of returns that should actually only be possible with blood money. How else does 500k suddenly birth 1.5 million in days? With no proof of backing from any legitimate business, just tales of “clients” and a weird craft name.
2. Ponzi schemes (a.k.a MMM, LOOM).
Throwback to MMM and then stop at LOOM on your way back. One would think MMM should have been enough lesson that pyramid schemes a scam, but LOOM came and proved that they carried the course over.
3. Flip cash.
The ways this works is someone casually wanders into your DM to ask how you are doing and to let you know that they can turn your 10k to 100k. Just like that. They have flip money abilities but they don’t use it to flip all their cash O.
4. Text messages impersonating your bank.
Random but not random messages from your “bank” asking for your BVN or other details because there’s a sudden problem with your account. And of course, there’s always bad English sprinkled all over which should be a red flag.
5. Social media men claiming to be women.
As seen in the tweet.
Random messages telling you that you’ve won a prize you didn’t even know you were competing for. And then there’s a website you have to visit and a fee you have to pay.
Have you been scammed in any of the ways mentioned here? Tell us in the comments.
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