Do victims of Ponzi Schemes deserve our sympathy? I think No.
(493 reads) See also ► What current or recent Ponzi Schemes do you know? ► Nigerians lose more than N500 billion to Ponzi schemes
Sometimes I feel that victims of Ponzi Schemes should not be sympathised with. Guess why?
Because as Yoruba says: Eni ton wa ifa nwa ofo!
It literally means the people patronising such schemes often times know what they're in for a d they know the risks involved and what could eventually be the fate of their investments.
So, each time I learn that another Ponzi just crashed, I rarely pity the victims.
Fact is: some interest rates (ROIs) are just not sustainable, and we know it. Yet Nigerians still want to cash out quickly. Many will still be trapped in. What a repeated mess.
I stand to be corrected,…
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