Since yesterday, Thursday, November 1, 2016, members of the Ponzi scheme- Ultimate Cycler has been unable to access the site.
The following has been the message shown on the website sine it has been down:
“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.
Also, on twitter, Ultimate Cycler’s Nigerian account has admitted that the website has crashed. They tweeted:
“Sorry for d inconveniences the problem of accessing d website has caused all day. It is currently being worked on n will be back up shortly“
Nevertheless, information gathered from their Twitter account showed that the website is once again functional. They also added that the website was only down because the servers were undergoing upgrade.
The hook for Ultimate Cycler has been; sign up by and pay N12,500 to a fellow member you are registered under. When your donation has been confirmed, the Ultimate Cycler admin puts four people under you who will pay N12,500 to you resulting in N50,000. In summary, pay N12,500 and get N50,000.
With the current economic crisis in Nigeria, so many have resorted to several fraudulent online based Ponzi Schemes. Do you think this has been a source of relief to Nigerians? Share your views with us using the comment box below.