In a world of rapidly diminishing options.Yinka Adegoke reporting for Quartz on the rapidly escalating ponzi scheme and gambling crisis:
It’s not a get-rich-quick scheme. It’s “get-rich-quicker” through systematic, effort and the compounding of effort through groups of people.More here
That’s from the slick marketing of TwinKas, a very popular online “investment” plan in Nigeria. Like MMM before it, TwinKas is essentially a ponzi scheme which promises unbelievable rates of return via a system which relies on regularly recruiting hundreds of new “investors” to keep it running. Despite the stories of such programs eventually collapsing, and thousands of Nigerians losing money, there’s never a shortage of others willing to enroll when new schemes pop up.