It appears that many Nigerians still have strong passion for ponzi schemes despite losing millions to Mavrodi Mundial Moneybox (MMM) in 2016.
This newspaper observed that many Nigerians online have again shown interest in Loom, another related ponzi despite vowing not to try such again in 2016.
Social media platforms particularly WhatsApp has been stormed with different broadcast to solicit participation for the scheme.
Our correspondent gathered that Loom ponzi has earlier been reported in the United Kingdom by an Australian media, Australian Broadcasting Corporation as a scam after it had gone viral in Australia.
Nigerians may have to regret again if the repeat of MMM happens.