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rockstl
Master Baiter

Joined: 22 Jan 2006
Posts: 193
Location: sky high USA

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Posted:
Wed Mar 07, 2007 5:25 pm |
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I like to read up on the latest news coming out of Nigeria involving the 419 trade. I came accross this article today that is somewhat unusual. Has anyone heard of this, and if so, explain to me what is going on? JMO, it sounds like a man that has scammed his own people, and is trying to save his own hide. I may be 100% wrong though. The article is long, but it is interesting reading.
http://www.vanguardngr.com/articles/2002/cover/february07/18022007/f818022007.html
Rock |
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Tamale
Tamale
Benin city
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Yastreb
Common Street Thawth Vergabon

Joined: 04 Apr 2006
Posts: 17379
Location: Leading my wolf pack

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Posted:
Wed Mar 07, 2007 8:17 pm |
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I'd say that Mr. Emeka Anyanwu and the others have fallen prey to a classic Ponzi scheme, though pyramid schemes are mentioend near the end of the Vanguard article.
http://en.wikipedia.org/wiki/Ponzi_scheme |
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SlayerFaith
Baiting Guru

Joined: 03 Mar 2005
Posts: 5778
Location: Vegas, baby!

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Posted:
Wed Mar 07, 2007 11:36 pm |
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I think yastreb has it right. I'm looking at the site, and it definitely smells a bit of pyramid/ponzi. |
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rockstl
Master Baiter

Joined: 22 Jan 2006
Posts: 193
Location: sky high USA

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Posted:
Wed Mar 07, 2007 11:41 pm |
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Very interesting that a Nigerian is being ripped off by an American. Maybe we should go after the bad guys to show the Nigerians what this site is all about. I wonder if we could rock his world so to speak. (the Pyramid folks)
Rock |
_________________
Tamale
Tamale
Benin city
http://www.tmsforacure.org/ If you have extra millions, throw some at this disease, or pm me for more info  |
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