It is now over a week the Ultimate Cycler ponzi scheme crashed in Nigeria, although administrators of the site said they are upgrading it. A man has cried out for help after regretting joining the ponzi scheme Ultimate Cycler, as those he introduced to the scheme are threatening him.
However, it seems like they are taking eternity to do it as people’s money are now stuck without a way of it being retrieved.
A participant of the ponzi scheme, Chidiebube Isaac has cried out for help as she said those he introduced to the scheme are now threatening to arrest him if he doesn’t refund their money back.
“I regret joining ultimate Cycler; all the people I introduced to it are now threatening to get me arrested if I don’t refund their money back” he wrote on Facebook.
Nothing has been heard from the owners of the site. However, the same message which has been there for over a week now has not helped matters.
The message displayed on the site reads: “At Ultimate Cycler we are introducing our global commitment over the next few days to provide each country we serve even greater value. As you know we are now having more than 100,000 to 200,000 thousand new members daily and have a large percentage of the new subscribers from Nigeria.
Therefore we are doing the following ASAP over the next few days to ensure our global commitment will impact each and every Ultimate Cycler subscriber no matter where you live in the world.
1. We are adding an additional income source
2. Providing a new design and layout
3. During Q1 registering Ultimate Cycler in Nigeria with an Office and legal presence.
4. Will offer life time admin fee to avoid different charges throughout the year.
5. An amazing Christmas income opportunity the everyone can participate in.
Please be sure to check your inbox for more details as we get closer and my next update.
Many people who invested money in the scheme are still unsure what next step to take as many have regretted ever joining. Whether the site will come up as promised or not is still something yet to be seen.