Nigerians Lose Savings As PXES Ponzi Scheme Stops Payments
Nigerians are counting losses after the PXES Ponzi scheme stopped paying investors in September. The collapse has triggered anger in Adamawa and Kogi, with some investors storming the platform’s offices. ABUJA, NIGERIA — Nigerians who invested thousands and millions of naira in PXES, an online platform that promised unusually high returns, are counting their losses…