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5:4

Download Nigerian Senate probes spread of bitcoin, ‘ponzi’ schemes mp4 download free video

The Nigerian Senate on Tuesday deliberated on the widespread usage of digital currency, bitcoin, and ponzi schemes in Nigeria In a motion titled, ‘Urgent need to investigate the proliferation of Bitcoin, a form of Crypto-currency, to ascertain the worthiness of same as a form of investment in Nigeria’, the senate stressed that not only has the proliferation of bitcoin become one of the best forms of investment in the country, it is openly marketed across the country on the local television and radio stations, mostly to Nigerians, ”not aware of the consequences ” A senator, Benjamin Uwaiumogu (APC, Imo North), who sponsored the motion, expressed concern that Nigerians are ”freely advised, and even persuaded to invest in crypto-currency as it promises quick returns, in certain instances, a triple or quadruple of the invested sum as profit within days ” He said that Google quoted one (1) Bitcoin to be the equivalent of N5, 706, 713 20 as at December 10, 2018 He said he was aware that bitcoin is not recognised by the Central Bank of Nigeria, does not exist in any tangible form and is also not subject to any international or local monetary regulations, or backed up by any established government institutions for that matter The lawmaker also reminded the senate that the MMM bubble of 2016 (ponzi scheme) left millions of Nigerian families broken, devastated and many businessmen lost all their capital in the phony sc

4:24

Download Nigerians What is MMM & How Is It Stealing Your Money? mp4 download free video

Have you heard about MMM - Mavrodi Mondial Movement? ► Subscribe to BattaBox on YouTube goo gl 4dgy2r Or as us Nigerians call it - Mogbe Moku Modaran MMM is a Russian company founded by Russian businessman, Sergey Mavrodi The aim of the company is to provide cash depositors with high and immediate returns There are hundreds of MMM branches, mainly in South Africa, Kenya, Ghana, Zimbabwe and of course, Nigeria but many feel it is not a legitimate or reliable source of income but rather, a Ponzi scheme There have been so many rumours circulating about this latest Nigerian craze The MMM system was frozen last year and many depositors claim they lost a significant amount of money whereas others say they made thousands, even millions of easy money before it crashed but the system recently started operating again so of course BattaBox decided to ask Nigerians Would MMM be able to return to its glory days? And what happened to all the money that was frozen? Here are some of their answers "Somebody introduced me to it I was about to register when I heard it had packed up and I just started hearing people shouting mogbe MMM! ," one lady tells Odunayo "I didn t do it, it s not Islamic, according to Islam you don t double money like that," one man states What do you think? Did you invest in MMM? Thanks for watching! **** CLICK HERE TO SUBSCRIBE FOR NEW BATTABOX VIDEOS EVERYDAY battabox com subscribe YOU can support BattaBox here www patreon com BattaBox Website BattaBox com YouTube www youtube com user BattaBox Facebook www facebook com BattaBox Twitter twitter com BattaBoxNigeria Google+ www google com +BattaBox Instagram www instagram com BattaBox Vine vine co BattaBox **** BattaBox is the most exciting Nigerian News & Entertainment Video channel based in Lagos We are the fact behind Nigerian Movies fiction, Nollywood in real-life with a dash of Yoruba Movie Magic - but none of our videos are made-up like Nollywood - they are all true stories! BattaBox is Nigeria Like You ve Never Seen Before! -- #BattaBox #BattaBoxNG #Nigeria #NigerianComedy #NigerianMusic #NigeriaFashion #NigerianNews #HowTo #Sho

21:9

Download MMM FOUNDER DIES WITH MILLIONS CRYPTOCURRENCY TAKES OVER! sergie mavrodi mp4 download free video

Russian businessman Sergei Mavrodi, whose MMM pyramid scheme deprived millions of Russians of their savings in the 1990s, has died of a heart attack, according to Russia media Reports said the 62-year-old was rushed to the hospital late on March 25 with pain in his chest and died several hours later Mavrodi s MMM financial pyramid was a typical Ponzi scheme in which earlier investors receive their profits from subsequent investors Mavrodi promised returns of 20 percent to 75 percent a month, as well as lotteries and bonuses for investors As soon as the number of new clients stopped growing, the pyramid collapsed, causing huge financial losses for at least 10 million people, in some cases leaving them destitute In 1994, Mavrodi was elected as a lawmaker, a decision he later said was to ensure he received immunity from prosecution In 1996, he lost his parliamentary mandate In 2007, a Moscow court found him guilty of financial fraud and sentenced him to 4 1 2 years in a penal colony In 2011, Mavrodi launched another pyramid scheme called MMM-2011, calling on investors to purchase so-called Mavro currency units in a bid to get rid of the "unfair" financial system Some 15 months later, Mavrodi halted the project From 2011-16, Mavrodi launched Ponzi schemes under the MMM brand in India, China, South Africa, Zimbabwe, and Nigeria In many of those countries, Mavrodi s operations were subsequently shut down or suspe

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