Oluniyi D.Ajao
Personal blog of an Internet Entrepreneur & Technology Enthusiast
Posts Tagged with "HYIP"
e-gold’s privacy feature its nemesis?
At the risk of sounding controversial, I am making public a view I have long held before now: e-gold has a magnet for attracting criminals. I would proceed to explain. e-gold’s anonymity feature, which e-gold Ltd sees as one of its most important features is indeed a dream come true for all sorts of criminal-minded entities: [...]
Continue reading...Making Money Online: Getting Paid via Paypal
Thursday, April 3, 2008
In the first part of this blog post, I discussed Making Money Online: Getting paid by cheque and explained why you should avoid getting paid by cheque where and when possible. In this blog post, I will be highlighting another means of getting paid online: Paypal. There are several forms of e-currencies. There are digital gold [...]
Continue reading...Making Money Online: Getting paid by cheque
Saturday, March 29, 2008
Whether you are an affiliate (a member of a multi-level marketing scheme [MLM]), an online forex or hyip investor, or you run an online store or make make money online somewhat, you need to get paid. There are several ways of getting paid but which one you choose will depend on your country of residence, [...]
Continue reading...Agloco Scam: Agloco is dead, waiting to be buried ;)
Tuesday, December 11, 2007
I was researching this evening, try to gather some material for my next blog post when I came across this screaming headline: AGLOCO Dead: May Your soul rest in pieces! I couldn’t help chuckling. The same Agloco that was heralded as been a potential gold mine for the army of wanna get-rich-quick Internet users? Geez. [...]
Continue reading...Any prospects for e-commerce in Africa?
Monday, October 1, 2007
This round-up first appeared at Global Voices. The past week turned out to be one that came with an interesting debate about the prospects of e-commerce in Africa. Oluniyi David Ajao started with throwing an insight into the popularity of e-gold (a digital gold currency) in Nigeria. Other online payment systems might indeed follow the same growth [...]
Continue reading...Why is e-gold popular in Nigeria?
Tuesday, September 25, 2007
A list of reasons why e-gold digital currency is popular in Nigeria: forex, hyip, mlm, web hosting, domain names and more.
Continue reading...Treasureline Interlink Limited stormed by soldiers and policemen
Tuesday, August 21, 2007
Treasureline Interlink Limited is one of the “wonder banks” in Nigeria, promising unusually high returns on investments. Apparently, not only civilians invest in these HYIP schemes, but soldiers and police men/women alike. According to a story by TheNews, some soldiers insensed by the fact that their “investments” had disappeared into thing air, stormed the offices [...]
Continue reading...Nospetco, Sefteg etc are not registered Fund Managers, says SEC
Wednesday, August 1, 2007
Security and Exchanges Commission (SEC) is the apex regulator of the Nigerian capital market. The commission recently issued a public notice, listing the registered as well as illegal fund managers: The Securities and Exchange Commission hereby informs the investing public that the following companies and the funds they manage are not registered with the Commission. Efforts are [...]
Continue reading...“Leave Us Alone!” Nigerian HYIP Investors tell Nairaland Forum Admin
Wednesday, August 1, 2007
Earlier today, I did a post on Nospetco and other so-called “wonder banks”. This evening, I visited Nairaland (a forum targetted at Nigerians) and came by this thread titled: “Hyip Scheme Horror Stories: ‘Investor’ Beware“. This thread was opened by the forum admin Seun Osewa, and started with the text: Hello, If you have lost a lot [...]
Continue reading...End of Nospetco and other scams?
Wednesday, August 1, 2007
It appears like the end of another long and winding pyramid scheme has come to an abrupt end. According to Nigerian BusinessDay newspaper: “Bubble bursts as ‘wonder bank’ fails to deliver returns” Barely one month after the Central Bank of Nigeria (CBN) sounded an alarm about the re-emergence of wonder banks in the country, the bubble [...]
Continue reading...HYIPs that are scams. How to tell.
Sunday, March 11, 2007
It might sound like a contradiction to many – HYIPs that are scams. Why? Many believe that all HYIPs are scams. I am not about to give a verdict on that. I would rather leave the judgement to you. However, it cannot be disputed that most HYIPs on the Internet are scams. There are almost [...]
Continue reading...West Africa: What is NOSPETCO?, Aid Does Not Work, Dogon Architecture and Tourism As A Therapy
Wednesday, January 17, 2007
It has been quite a while since I reproduced my blog roundup entries at Global Voices, on my personal blog. Well, I have to do this today. I spent time yesterday gathering new West African blogs, to make this roundup richer and worth your time. Enjoy! Remember to leave your comments as well. As we delve [...]
Continue reading...HYIP Investment – Are HYIP Investments scams?
Sunday, December 17, 2006
It has always been a matter of debate, especially amongst e-currency newbies, as to whether HYIPs are scams or not. According to Wikipedia: A High Yield Investment Program, or HYIP, is a purported investment program normally offered via the Internet. HYIPs typically accept investments of $500 or less while promising high returns. No HYIP has, as yet, survived [...]
Continue reading...e-gold going down?
Wednesday, January 18, 2006
BusinessWeek recently published an article putting e-gold in the spotlight, after its offices was raided by the Federal Bureau of Investigation (FBI) agents, in the USA. Read on...
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Monday, July 14, 2008
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