October 7, 2024

Nigerians are currently angry with Davido after a popular Ponzi Scheme, Racksterli collapsed yesterday. Nigerians are still reacting to the sudden fall of Racksterli despite much assurance from its CEO, BlackGold and Davido. 






Recall that last year November to December (2020), Davido kept advertising Racksterli to his fans and his Nigerian fans took it serious because of him. According to reports, Racksterli has crashed and its investors or their customers are raining curses on the Ponzi Scheme company.


When will Nigerians learn that Ponzi Scheme companies don’t last long and they are never reliable? Remember MMM, from wayback 2015-2016? It also crashed and millions of naira were never recovered by its customers or investors.


In many trending videos on social media, Davido was seen giving shout outs to the company, assuring fans that the company is reliable. Nigerians have taken to their various Twitter pages to slam Davido for promoting a company without doing background checks. 


Video below:






Reactions from angry Nigerians:






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