Naij.com reported that a pastor in Deeper Christian Life Ministry on Sunday, February 19, 2017 kicked against the Ponzi schemes in the country, describing them as satanic for the fact that they are not approved by the bodies regulating financial business in the country.
There has been issue on some ponzi schemes that emerge in the country since late last year. The pastor said that all of them are signs of end time.
Speaking to his congregation in Asaba, the Delta state capital, Pastor Enoch Egwu warned all members of the church to desist from all Ponzi schemes, saying: “We thank God that MMM has closed, others are there. If you are into any of them, you are not a child of God”.
He said: “If you are doing any of them, come out. No economic theory is in support of Ponzi schemes in the country. The Central Bank of Nigeria and other financial institutions are against it.”
Egwu, who insisted that the growing Ponzi schemes are indication of the last days, called on Christians to engage in recognized businesses to make their living, adding that Christians should be productively engaged as such would receive the blessing of God.
Following the challenges that have bedeviled the MMM, many other schemes have sprung up, competing for the attention of gullible Nigerians and many are falling prey into them.
One of such is Twinkas which is now gaining ground in the states. Twinkas promises 200 percent return on investment and many Nigerians are getting mad over the scheme.
Others which had been in existence before twinkas are ultimate cycler, e-cooperative and a host of others.
There has been issue on some ponzi schemes that emerge in the country since late last year. The pastor said that all of them are signs of end time.
Speaking to his congregation in Asaba, the Delta state capital, Pastor Enoch Egwu warned all members of the church to desist from all Ponzi schemes, saying: “We thank God that MMM has closed, others are there. If you are into any of them, you are not a child of God”.
He said: “If you are doing any of them, come out. No economic theory is in support of Ponzi schemes in the country. The Central Bank of Nigeria and other financial institutions are against it.”
Egwu, who insisted that the growing Ponzi schemes are indication of the last days, called on Christians to engage in recognized businesses to make their living, adding that Christians should be productively engaged as such would receive the blessing of God.
Following the challenges that have bedeviled the MMM, many other schemes have sprung up, competing for the attention of gullible Nigerians and many are falling prey into them.
One of such is Twinkas which is now gaining ground in the states. Twinkas promises 200 percent return on investment and many Nigerians are getting mad over the scheme.
Others which had been in existence before twinkas are ultimate cycler, e-cooperative and a host of others.
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