Ponzi Schemes: The Mirage Of Fast Money

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 […]