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BREAKING!!! Fear grips Nigerians in MMM, Others as Ponzi Website, Ultimate Cycler, Crashes

BREAKING!!! Fear grips Nigerians in MMM, Others as Ponzi Website, Ultimate Cycler, Crashes

One of the ponzi schemes in Nigeria, Ultimate Cycler has crashed, sending panic waves across many of its Nigerian members who have invested their money in it as well as those who have equally invested in others such as MMM. ultimate-cycler

The ponzi website, Ultimate Cycler went down early Thursday morning, specifically around 10:30am(Nigerian time), shutting out every member who owns an account with it.

When accessed, the site initially displayed an error line of code, before displaying ”Error 500” in bold letters, then it proceeded to display another message: “Be right back. We are currently updating the site to give you a more pleasurable experience and will be back online shortly. Our update estimation is to be complete over the next 6 – 12 hours. Thank you, Peter Wolfing.”

ultimate-cycler2

Ultimate Cycler is a new ponzi scheme that followed MMM. This new money doubling scheme claims a promise of better returns on invested money than MMM.

The hook for Ultimate Cycler is members get a return of N50,000 after paying N12,500 to a fellow member he or she registered under.

ultimate-cycler23

As at the time of filing this report, the ponzi website has still not come to life.

Dangers for members who have invested in it or others like MMM is that when such websites go down, chances are that it never comes up again and hence, “investors’” money goes with it.

So, will Ultimate Cycler ever come back to life? This is question on the minds of every member.

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Emeh James Anyalekwa, is a Seasoned Journalist, scriptwriter, Movie producer/Director and Showbiz consultant. He is the founder and CEO of the multi Media conglomerate, CANDY VILLE, specializing in Entertainment, Events, Prints and Productions. He is currently a Special Assistant (Media) to the Former Governor of Abia State and Chairman Slok Group, Dr. Orji Uzor Kalu. Anyalekwa is also the National President, Online Media Practitioners Association of Nigeria (OMPAN) https://web.facebook.com/emehjames

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