SEC Warns Nigerians Against New Ponzi Scheme Called LOOM

Another way of scamming Nigerians in large numbers has arrived!!!...Be warned. The Securities and Exchange Commission (SEC) has warned Nigerians against fraudsters currently running an online investment scheme tagged “Loom Money Nigeria’’Acting Director-General of the commission, Ms. Mary Uduk, gave the warning at a news conference on Thursday in Abuja.A statement by SEC’s Head of via IFTTT