Nigerians losing hard-earned money to investment scams –EFCC - Punch Newspapers

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Warning Nigerians to desist from taking unmitigated risk in desperation to earn a windfall, the EFCC cautioned that such schemes like Bitcoin and forex trading were mostly unregulated and prone to scam.

It enjoined Nigerians to be wary of fraudulent schemes and resist the temptation of quick gain that could end in misery. “Though risk-taking is considered by some as the oxygen that drives investment decisions, the Commission wishes to warn the public against taking unmitigated risk in desperation to earn a windfall. Investment in Bitcoin, for instance, is a high risk activity as the terrain is largely unregulated, and prone to fraud.

“The EFCC wishes to state that while it will continue to investigate and prosecute persons complicit in fraudulent investment schemes, it is incumbent on the investing public to be circumspect in their investment decisions. “Any investment that promises returns that look too good to be true should be considered a red flag. Those who ignore this advisory do so at their own risks,” the statement further read.

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The more you catch them the more they will keep increasing if your administration failed to do the needful. DO THE NEEDFUL 🙏🏻

Chase politicians Bro

Oya na. EFCC boss help us recover our money. We plenty wey dy suffer this o

can you help us recover some of these money?

It's true, but it's a failure of our leader who fail to provide conducive environment for our hardworking teaming youth.

This is 2021 and EFCC still don't understand how cryptocurrency work even world richest man is into crypto trading.

Even the govt scam it's citizens through fake contract non payment of jobs done payment of energy bill without consumption etc

Watin consign anybody about my life?

Soon Efcc will join army to fight insurgency. Mumu people..

The worst are estate developers especially here in Abuja. Please beam your searchlight on them. So many petitions against them in your office. They are deadlier than ponzi.

Fact

We are losing our more, while the government is losing focus on humans lives in the north for bandits and bokaharam to take over. There is God

I was a victim of this investment scheme. One to Wales Kingdom Capital (WKC) and SkyInflow. My hard earned NYSC savings 😢😢😢😭😢😢😭😭😭

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Nigerians losing money to investment scams – EFCC - Punch NewspapersThe most widely read newspaper in Nigeria lol 😂 is there Nigeria ? Lol 😂 Na your una money Salary una no pay 1 billion naira plus COVID funds got burnt una talk 😒
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