86FB Football Ponzi Scheme Crashes

86FB Football Ponzi Scheme has Crashed.

The popular 86FB football investment platform Ponzi scheme has finally Crashed.

Ejes Gist Newspaper reports that Nigerians are In tears As 86FB Football Ponzi Scheme Crashes.

86FB also known as 86FB football, is an online investment platform that claims to focus on reverse betting and works with William Hill, a major online gambling corporation based in London, England, to incorporate probability and statistics.

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This comes after the recent fall of a number of high-profile Ponzi schemes in Nigeria. It has also been found that the platform, which claims to be owned by City Football Group, is unaffiliated to the Abu Dhabi-based company that owns Manchester City Football Club in England.

Four Ponzi scheme operators will be detained in Nigeria in the coming weeks, according to the Economic and Financial Crime Commission (EFCC).


“We are coming for the operators in a few weeks, and the majority of them operate primarily in Lagos but live outside the country’s commercial hub.” said the official. They believe they are clever, but the Eagle is watching them and will charge them in court in a few days.

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“These con artists have defrauded a number of Nigerians of their hard-earned money, while others have perished as a result of the shock they experienced when they realised they had been duped.” We’ve also noticed that a lot of Ponzi schemes develop, particularly during times of recession or economic difficulty, but we’ll put a stop to them because they’re simply out to seduce Nigerians with set returns that will vanish in a few months or years,” an EFCC source said.

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Last week, a Twitter user @iamjonado warned that was a ticking time bomb. He tweeted, “86Fb or 86 FOOTBALL like y’all know it is a big-time BOMB.

Finally as predicted, 86FB football investment platform Ponzi scheme Crashed and leaving many Nigerians who have invested thousands of  naira in tears

That is the latest Naija News today on 86FB Football Ponzi Scheme Crashes.

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