4000 Naira Review 4000naira.com Is a Dangerous Ponzi!

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Contents

4000 Naira Review: 4000naira.com Is a Dangerous Ponzi!

4000 Naira Review: 4000naira.com is a recently launched ponzi scheme which have been the talk of many Nigerians. It claims it could make you times five of your money within a week. How true is this? Is it Legit? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams. In this review of Loom, we provide you information based on our investigations and user experiences to help guide you make the proper decision.

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

What Is 4000 Naira?

4000naira.com is the latest ponzi in Nigeria. From our findings, 4000naira is a peer to peer pyramid that depends solely in recruitment of new investors to keep the chain running. Funny enough, this ponzi has no face attached to it.

The Truth About 4000 Naira

We seems to be in the era of Ponzi schemes, just like in 2020 when MMM, Ultimate Cycler and the likes were the rave in Nigeria. Presently we have Loom Money and 4000naira, However with 4000 Naira, the method and ROI is quite different thus looking quite convincing and legit. Is 4000naira.com really what it claims to be?

How Does 4000 Naira Work

The steps are quite easy and simple.

First step: Register

Second step: Pay N4,000 to a member assigned to you.

Third step: Receive N4,000 each from five members assigned to you.

Sounds quite simple right? Making money can’t be that easy. If you check their Terms Page, you will have reasons to run as far as your legs can carry you.

4000Naira Review: Disturbing Things Found

Most of this scam quick-profit investment schemes are HYIPs. What is a HYIP? It is a just a type of ponzi scheme. Initial investors only get paid when new people sign up and invest, what this means is that you are under pressure to bring in new investors so that you will get paid. As soon as the amount of new investor drops, the owners do away with the money invested, and the site is closed down since there is no longer enough money to pay initial investors. Those that benefit most times are the first investors. The system is not sustainable because it will surely shut down abruptly leaving your money trapped in the hands of the scammers that set it up initially.

Conclusion

Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.

Our Recommendation

They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.

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EXPERT OPTION

Expert Option is a highly reputable and transparent broker . In our judgment and user feedbacks from traders, they are ranked one of the best brokers in the industry. They have amazing features and a robust support system. They also offer free demo account where you could try out trading risk-free. They could be reached through live chat, phone and email. The minimum deposit is $25 which is one of the lowest in the industry.

Loom Money Nigeria Review: What You Should Know About Loom Ponzi Scheme

Loom Review: Loom is a recently launched ponzi scheme which have been the talk of many Nigerians. It claims it could make you times eight of your money. How true is this? Is it Legit? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams. In this review of Loom, we provide you information based on our investigations and user experiences to help guide you make the proper decision.

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

What Is Loom?

Loom Money Nigeria is the latest ponzi in Nigeria. From our findings, Loom is a peer to peer pyramid that depends solely in recruitment of new investors to keep the chain running. Funny enough, this ponzi scheme has no website, no face attached to it. It works through the social media network called ‘Whatsapp’.

The Truth About Loom Money Nigeria

Loom Money is an old fashioned scam repackaged and brought into Nigeria. The scheme was first reported in the UK in 2020. Then it went viral in Australia, then social media platforms and now it is in Nigeria. However, today Loom, otherwise known as ‘Blessing Loom’ is no longer allowed in Uk or Australia.

How Does Loom Money Nigeria Work

Once you have joined the Whatsapp group chat after been invited by a friend or family,You will be asked to ‘invest’ N1,000 or N13,000 with a promise that you will make eight times the amount back once you recruit. After you have paid your money, you are asked to invite your own family and friends to join the system.There are four levels in Loom Nigeria – Purple, Blue, Orange and Red. Each time 8 people join the loom, the person in the center (Red) will get target amount and leave.The loom will then split into two groups. The top half and the bottom half become the new looms and everyone moves into the next level (Purple Level – into Blue Level – Into Orange Level) and the cycle begins again.The more people you manage to add to the circle, the quicker the movement of it, and thus, the easier it will be for you to make your chunk of ‘easy money’. Loom Money Nigeria promises a staggering easy cash reward of N8,000 for paying N1,000; N104,000 if you pay N13,000.

Loom Scam Review: Disturbing Things Found

Most of this scam quick-profit investment schemes are HYIPs. What is a HYIP? It is a just a type of ponzi scheme. Initial investors only get paid when new people sign up and invest, what this means is that you are under pressure to bring in new investors so that you will get paid. As soon as the amount of new investor drops, the owners do away with the money invested, and the site is closed down since there is no longer enough money to pay initial investors. Those that benefit most times are the first investors. The system is not sustainable because it will surely shut down abruptly leaving your money trapped in the hands of the scammers that set it up initially. Also Loom Money Nigeria has no official webpage where you can lay complaints in case anything happens to your money.

Conclusion

Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.

Our Recommendation

They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.

Is GoFounders Scam or Legit? – GoFounders.net Review

February 25, 2020

GoFounders.net-Review

GoFounders.Net review has being searched by many over the past few weeks.

Users have searched for phrases like www.gofounders.net.

Is GoFounders Net a scam,

is Go Founders Net legit, among many other queries.

This article about GoFounders Review aims at discussing their integrity. Over the past few months, lot of ponzi sites, online money making sites has risen to mislead others.

After some research, I have seen the terms like ‘MLM‘, ‘Pyramid Scheme,’ in connection to the name ‘GoFounders’. MLM’s are legal, but with the unfortunate side effect in most cases, that most members won’t earn much or anything as pre planned.

Whereas, Pyramid and Ponzi Schemes are completely illegal and need to be avoided. You can comment your opinion with regards this.

Is GoFounders.Net Review – GoFounders.net Scam or Legit?

Aware of being mentioned previously, GoFounders.net review is very important because it is of primary concern to many.

You can also check our Reviews Category for other review articles.

Registration began for ‘GoFounders’ in 2020/08/31 until same time in 2020. Absolutely, just for a year. That is not long at all and that is only the start of any online venture. This is a little odd because, businesses that want long term earning prospects, tend to register for longer.

14455 N. Hayden Road, Scottsdale, Arizona, 85260, US not their address. That address in use by tons of other sites. This is given to sites as a proxy i.e. in this case, to represent their address while it not being their actual location. This info is sourced from WHOIS.

Disclaimer on GoFounders Sam or Legit

The company ‘GoFounders’ still hides some of its important info from the public. Their office address and founders details remains anonymous.

This is not a good one for a business brand that wants users trus.

AlMoney.icu Review – Is AlMoney.icu Scam or Legit?

What Is MayaClixFamily.com Review – Is ‘MayaClixFamily’ Scam or Legit?

Naabiae Nenu-B is an Epic Photographer and a Passionate Writer. His Epic Nature Photos and Writing Skills has Awarded lot of Recommendations and Online services.

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1 Comment

April 5, 2020 at 12:04 am

i heard it going involve bitcoin selling and trading if this is they going be huge success cause bitcoin going up to 50,000 dollars going create new millionaires globally and going be the main currency in the new world soon told by time traverler noah from 2030

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Review

My Experience Being A Google Local Guide In Port Harcourt City, Nigeria

Hi dear readers, after a while being absent, your favorite “Blogger Scientist” is back with an evergreen mind blowing experience & stories of miles with an app “wink”.

An app? Some may ponder… Yes! It’s my story ��. That app is the Google Map App on all devices.

If I may ask, What is the primary function of the Google Map app on your device?

  • Nothing
  • Viewing places when bored
  • Measuring walking distances
  • Tracing a routh
  • Viewing Satellite Imagery
  • Having Aerial Photography
  • Checking out 360° Interactive Panoramic Street View
  • Checking Real-time Traffic Conditions
  • Etc

Well, there is more to it which I will certainly disclose. Have you ever considered adding a place to that map you love using to view places?

If you have that intention, I can help you be a Google Local Guide too.

What is the Local Guides Program

All across the globe, Local Guides are users who have voluntary embarked on a mission to help people wherever they are to find find the places worth discovering.

Thereby, putting a smile on their face while traveling, touring, or locating any place at all.

Does Google Pay Local Guides

Honestly, this is a service rendered without Pro-bono or monetary benefits like income programs. It’s not like NNU, Busybee, Zinoly, EliteFinFx, Msport etc

It is a community of self volunteers who wants to make the world a better global community to individuals or organization using the Google Map App.

Google Local Guides Aims At Making The World A Better Global Community

But there is good news, as a Port Harcourt Local Guide, I can testify Google rewards all it reviewers for their hard work.

Some Awesome Bounty Rewards

  • Star Ranking
  • Being A Local Guide Moderator
  • Enjoying Meet Up
  • Yearly Reward from Google
  • A Tour To California

So, what are you waiting for to help make Google a better Global Community?

The Secret Of My Being A Port Harcourt Local Guide

Highly dense with population, Port Harcourt is a City with lot of travellers daily, and individuals trying to locate various places.

As an “ Award-winning Web Leak & Review” blogger, the local guide was an ultimate medium to give honest reviews to places.

Additionally, I could rate poor places with 1-5 stars �� accordingly. As a Port Harcourt local guide, I have gotten permission to enter some places to take photographers because am a ‘Rater’.

Subsequently, as a student I have converted my University campus to my tertiary territory for ratings and reviewing. Some of the places I have added to the map has benefited students largely.

These places are restaurants, bars, housing areas, markets, parks, banks, sporting centers and so know.

The Joy Of Reviewing and Reward

Late 2020, I believed Google noticed my effort and I was contacted to summit my address for a parcel. Few weeks into 2020, a local delivery brought my package to my doorstep.

This has so motivated me to continue reviewing places around Port Harcourt City and the University of Port Harcourt Campus. Why not give it a try as well.

Conclusively, as your favorite “Blogger Scientist”, I want to bring it to the know that I represented my Campus for a National Debate, guess what? I came out first.

Review

NewsLiteNg Review – Scam or Legit – Registration – Login

It’s not a new news to read about income program in Nigeria. For the past two years, it’s has now become a business with high number of thriving members and Compititors.

What is NewsLiteNg About

NewsLiteNg is an affiliate forum that focus on delivering quality, informative, benefiting , relevant, sophisticated and latest items shared by authors and signed up members on multiple issues.

Subsequently, the issues range from politics, entertainment, business, sports, relationship, opinion,travel, marriage, gossip, jokes, culture, celebrity and many more.

NewsliteNg Review

Firstly, NewsLiteNg income program is acclaimed to be designed in a bid to help it members make money online legitimately by Reading, Writing and Sharing quality news as well.

Additionally, users gain added income benefits for referring their friends to join the program.

NewsLiteNg Registration and Login

To login on NewsLiteNg, it’s important to register for the program. To register, users have to input the details which includes Full Name, Phone Number, Password and so on.

Is NewsLiteNg Scam or Legit

Clearly, the platform NewsLiteNg is powered by “Obeje Software Solutions”, which is a registered tech company with business number BN3022681 and head office based in Port Harcourt, Nigeria. This makes NewsliteNg Review a legit platform.

This is not also a solidifying reason to be concluded scam. The address location is not stated. Maybe there is no office as well but a city based platform.

Many platforms forged payment details and we urge users to apply caution.

Contact

For complaints, help or suggestions:- [email protected]

For enquiries:- [email protected]

For help on advert placement and enquiries: [email protected]

Disclaimer

Team Xycinews is no affiliates to any income program and we urge users to refrain from them and the tactic for defrauding is highly likely as well. This NewsliteNg Review article is a guide and not your Final decision.

Review

Hivefirm.com Review – HiveFirm Scam or Legit, Login, Registration etc

February 25, 2020

Hivefirm.com an online website where users get paid to share post, receive votes and more.

You create posts, ask questions, advertise your business and more. do everything you like to do on social media. and earn as people engage with the content you post.

What is Hivefirm About

Hivefirm is an online site where people can post and blog ideas. Get paid for every up votes and comments you get on your posts. Grow your businesses. and start conversations with customers and people interested.

Hivefirm review allows all users to post what ever makes them happy. unlike every other social platform, you will earn money for every upvote, comments and other activities from the audience.

Hivefirm uses a smart means to keep you on it platform making Huge Hivecoin with Little Currency value.

Hivefirm.com Review

On Hive firm we believe that your skills, knowledge, passions and questions could be useful to other people and therefore have a market value. That’s why we developed a technologically advanced platform for everyone. You may have been in a situation where you needed friendly advices, a consultant or a professional who could answer to your questions but you didn’t know who to turn to and where you could find an answer at short notice.

Hive firm is a Marketplace of KNOWLEDGE, where people can put their knowledge and skills on the market and earn from it as others get involved.

We want Hive firm to be the place to share and gain knowledge while earning from it. Hive firm is a sustainable avenue for everyone to earn and also a fun business ground for everybody.

Hive firm is where you can read important insights that have never been shared anywhere else. from people you could never reach in any other way.

How to Earn on Hivefirm

Receive 1,000 hive coin when you upgrade to premium

You will receive 4000 Hivecoin for any new member that you invite with your hiveID.

Earn up to 100 hive coin daily for sharing your Hive id on other social platforms or other channels using our share button on your dashboard.

Earn 2 hive coin for every votes you cast on other peoples posts.

Earn 3 hive coin for every up votes you get on your own posts from other users.

Hivefirm.com – Hivecoin

Amount you can withdraw is 10,000 Hivecoin and above. (eg H10,000 = N2000). Applicable to every other country participating on Hive firm.

Hive firm’s default currency is Naira (₦). Your earnings will be calculated and will be paid in your local currency. NGN ₦ | GH₵ | KES | ZAR | TZS.

Hivefirm Payment

Once you accumulate earnings upto 10,000 hivecoin, your eligible to make a withdrawal from your timeline. It will be processed and paid to your registered account number in your local currency.

How to Make Money on Hivefirm

Seriously, they do not pay for the number of posts you make on their platform, they pay for upvotes, comments, Hive-id shares and commissions for every successful invite your make. This makes earnings a bit hard.

Well, as a premium user you qualify for a free Business grant of up to N200,000 If active and consistent in activities on the website. This isn’t so feasible.

Additionally, you will earn everyday and all the time when you share your hive ID, when you upvote interesting posts and when you get up votes on your own posts.

Is Hivefirm Legit or Scam

Don’t waste your data and time on social platforms that don’t pay you is a popular quote from online business owners.

I once invested huge in a business because the amazing testimonies was so good, I never knew the company credited themselves with fake stories.

On Hive firm you will have a steady income for every activity you perform while you are online on the website, but we ain’t ah 3rd party, we haven’t lost any cash to them before. So saying hivefirm is scam is illogical.

Although it is not a get-rich-quick website. Sure, you will make some cash if you try. Sharing or posting what ever that matters to you just same way you use other social channels is not a lot of work, but this does not imply hivefirm is legit.

In summary, the question “ Is Hivefirm legit or Scam” has being answered.

Hivefirm can’t be said to be legit as team Xycinews don’t know what will happen in the future, it might crumble down like many others. Moreover, it can’t be said to be scam because no victim report has being recorded.

Importantly, H10,000 = N2000. This money is so small and getting it isn’t easy.

Countries Hivefirm Operate

Hive firm is available in Nigeria, Ghana, Kenya, South Africa and Tanzania currently.

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