Nigerians who invested their money in a popular ponzi scheme known as Racksterli, has taken to streets to protest as the scheme crashes.
Racksterli, an affiliate marketing and networking platform that allows users harness the power of the net and allows earning from the comfort of to their homes.
It allowed Users to request cash out after 30 days.
These ponzi has existed since 2020 and already has millions of subscribers with different investment plans.
But recently the scheme stopped paying out its investors.
However the subscribers took to streets to protest over their huge loss.
It is believed that Racksterli is owned by one Michael Oti Chidiebere AKA BlackGold, who also owns a Whatsapp TV.
The subscribers had taken their grief to his location but he was nowhere to be found.
ABACITYBLOG recalls that before now Nigerian singer in an advert encouraged people to invest in the scheme.
However In the a video posted by one of the protesters, a banner was seen with an inscription ‘ Davido we trusted you, you made us to invest‘.
A lady was also heard saying they’ve lost their savings to the ponzi scheme and however called for assistance on the way abouts of the founder as he is no where to be found.
Watch the video below.
More updates shortly…