Whether it’s weird forex academies or people who ask you to invest in hopes of getting double your capital, there’s one common thing about pyramid schemes: your money will suffer for it. This guide is to help you notice them from afar and hold on tight to your pocket.
They want to teach you how to make money
Think about it. Why would anyone want to do that?
But they want you to bring your own money first
It should be obvious at this point that these people are up to no good.
They want you to bring your friends and their money too
They’ll ask you to bring three people who’ll bring three people who’ll then bring three people. It can only be one of two things: witchcraft or a pyramid scheme. Run!
They use a lot of motivational quotes
They’ll bombard you with all these nice-sounding buzzwords like “abundance mindset” and “not limiting yourself”. This is just to get you dizzy on motivation till you drop your house rent.
The returns look fishy
If “30% interest after 4 weeks” doesn’t make you wonder if there’s some yoruba movie shenanigans going on, then you should at least be worried.
There’s always one person at the top
There’s always someone who seems to have done everything right and now makes a lot of money from the scheme. This is to keep the dream alive in your mind.
Your friends join and try to sell you on it
This is most likely how you’ll find out about it in the first place. Just remember, if you do it, you’re their lunch money.
The business is looking somehow
If you can’t figure out what they actually do to make money, in a way that’s as simple as selling biscuit for ₦10, it’s probably a pyramid scheme.
You’re wondering if it’s a business or a cult
They do usually give off cult vibes. Because why else would they ask you to recruit your family members?