Home Forums Crime EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others

Read and get paid

Tagged: 

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #4070
    Sunday Chinwe
    Participant

    The Economic and Financial Crimes Commission (EFCC) has warned Nigerians against what it described as any investment that promises returns that looks too good to be true.

    “Though risk-taking is considered by some as the oxygen that drives investment decisions, the commission warns the public against taking unmitigated risk in desperation to earn a windfall.

    “Investment in Bitcoin, for instance, is a high risk activity as the terrain is largely unregulated, and prone to fraud,” the anti-graft agency said.
    EFCC spokesman, Wilson Uwujaren, who gave the warning in Abuja, said the commission was alarmed at the rate Nigerians send petitions to the anti-corruption agency on fraudulent investments that promise high return with little risks to investors.

    https://m.guardian.ng/news/efcc-cautions-nigerians-against-bitcoin-forex-trading-others/

    #4088
    Kamzy
    Participant

    Bitcoin is not the cause of Nigeria problem. They should focus on fighting real corruption. Politicians looting our money.

Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.