The
rave of the moment currently in Nigeria is called Ultimate Cycler. After the
extensive success of MMM Nigeria which promised to pay members 30% return
of investment monthly, Ultimate Cycler has become the love child among
Nigerians, promising to pay 300% return on investment withing 45 days.
Due
to to heavy promised payout, the this particular ponzi scheme has gathefed
momentum escpecially in the past two eeks.
The hook for Ultimate Cycler is
this; sign up by and paying N12,500 to a fellow member you registered under.
When your donation has been confirmed, the Ultimate Cycler admin puts four
people under you who will pay N12,500 you resulting in N50,000. In summary, pay
N12,500 and get N50,000.
When you have four people under you,
Ultimate Cycler bumps you up to the second level. In this stage, you will pay
N25,000 from your N50,000 largess to a grade 2 member. After this, the system
will put 16 people under you who will pay you N25,000. At this stage, your
grand total will be N400,000.
Trouble?
Has many Nigerians troop to this new
scheme, some even abandoning their first love MMM Nigeria, there seem to be a
problem.
The website which is hosted at
www.ultimatecycler.com has been down. Members cannot login.
A visit at the website shows the
following 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”
The says it is down for maintenance
and will be back in 6 to 12 hours but it has been over 12 hours and that same
message has been on!
Will Ultimate Cycler come back
online?
The answer is yes! from a technical
point of view, th teach team at Nigeria Today says it will be back. Due
to influx of people in large numbers over the past few days, the server must
have overloaded causing the owners to shut itt down until they can move to a
bigger website that will accommodate the large crowd
#ref-menu
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