SEC - Tightening the Noose on 'Ponzi' Schemes

[Daily Trust] With an estimated three million Nigerians losing about N18 billion to the Mavrodi Mondial Moneybox (MMM) Ponzi scheme some years ago despite warnings by the regulatory authorities against investment in such dubious schemes, many Nigerians today are still patronizing the schemes in their desperate bid to make it big financially.

from AllAfrica News: Nigeria
via NEWS