Greed or desperation? Rethinking why Nigerians fall for ponzi schemes
Another ponzi scheme just crashed, leaving behind a trail of losses, pain, and shame. Like clockwork, the conversations online followed a familiar script: ‘Nigerians are too greedy’. ‘They should have known better’. ‘It was obviously a scam’. And I’ll admit it’s easy to think that way at first. But then I paused. I reflected. And I realised: Maybe we’re not …