Nigerians As Prisoners Of Ponzi Schemes

There’s an old saying: “When a lie wears a new coat, the gullible mis­take it for the truth.” In Nigeria, the lie of fast, unearned wealth has worn more coats than any swindler could sew, from MMM to Racksterli, Loom to Ultimate Cycler, and now, CBEX. Each new scheme is introduced with mod­ern flair, crisp […]