So this program came within 2 weeks and already disturbing the Nigeria social media? You will get to know if Loom Money or Loom Nigeria is legit or scam online ponzi scheme like MMM just before the end of this post.
Many had bad experience in making money online in Nigeria since the past years when MMM came in to loot away most Nigerians had earned money. And since then, many Nigerians find it difficult to invest or even plan to invest in any sort of online money making opportunity on the web today.
What If I Say "You Are Wrong?" that there are other online money making opportunities you can venture into and start smiling on daily or weekly basis because of your bank alert?
Well, let's keep that for another day. We are here to talk about LoomNigeria, an online promising money making opportunity that pays you 4 times your investment within 24 hrs.
Loom Nigeria Money 2019 Review: All You Need To Know About Loom Income Program
Loom is a peer-to-peer pyramid scheme which involves people being invited to invest as little as N1000, or N2000, or N13,000 and get as much as eight times its value within a short period of time.The Loom pyramid is grouped into four colour-coded levels - purple, blue, orange and red. Whoever is the first to sign up for the group sits in the red level, which is the central level, and gets the payout when the group fills up.
Two people sit in the orange level, while four investors fill the blue level. The purple level takes new entrants with eight spots open.
Once the eight spots in the purple level are filled, the group splits into top half and bottom half as the investors in the outer levels move into new levels.
The new groups of seven investors each then have to recruit eight new investors to once again break the circles into another two groups.
Investors are typically invited to join a WhatsApp group and advised to get as many other investors as possible because the scheme only works if it keeps a steady stream of new investors to pay earlier investors.
The more people are recruited into the group, the quicker it breaks and the quicker the payouts are to investors. The initial investment is usually paid to the group admin who sits in the red level.
Now That's how LOOM MONEY WORKS. But before you get LOOMIFIED, make sure to read our complete review from WavyEarners Web.
Is Loom Nigeria Scam or Legit Money-Making Program
Loom Nigeria is indeed nice looking program as of today writing this review article or whether or not loom Nigeria is legit or scam ponzi scheme like MMM in Nigeria that are here to scam. Just as said earlier, Loom Nigeria is still legit cause we have'nt confirm any scam report so far.But don't forget.
MMM started this way in 2015 doubling funds within weeks of investment but today, they are no more.
So what do I mean by that?
I Jerry Joshua don't suggest you visit their site up to 3 times in your lifetime. There will be a time when they will loot away your fund just as MMM did in the past years.
Do Not Invest Your Money On "Loom Money Nigeria"
- Simply because we belive they are not what they scaim they are
- Owner of the Business isn't still verified
- Loom Money have been caught in the US before now
- Bad experience of the past
- & Many More which can't be listed
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