FACTS & FALLACIES OF ONLINE INVESTMENT
🙏🏻FATHER, we give you praise and glory for your loving kindness and your goodness is forever more. You sought us out to bring your word to us tonight. We receive a full dose of your blessings in Jesus’ Name. Amen.
And other fraud ventures
When we talk about online investment, the first thing that comes to mind is Ponzi schemes
Time and time, I have seen many Sadozites fall victim to fraudsters online
There was a time when I said no one should cry to me again. That is because I took my time to warn again and again. So, I guess my first assignment tonight is to give you a general on how to detect fraud
But there is a good online investment, isn’t it?
I want you to know that YOU CANT BE SCAMMED EXCEPT YOU ARE GREEDY
let’s examine two scriptures.
14 But every man is tempted, when he is drawn away of his lust, and enticed.
Wealth gained by dishonesty will be diminished, But he who gathers by labour will increase.
Proverbs 13:11 NKJV
We shall examine these two scriptures carefully
1.Let’s start with James: GREED
May God give you victory over greed tonight
I come against the spirit of sports betting tonight in the name of Jesus
In whichever life or family it is operating, I come against betting in the name of Jesus!
When a man is TEMPTED, there is something in him called lust that was attracted and enticed.
When a man is SCAMMED, there is something in him that was attractive, you know what it is GREED!
Someone narrated how she was scammed by me
Somebody chatted with her and said she should save her number so that they can be viewing each other’s status
The guy was displaying how he was dashing people’s money
You know the guy never walked up to her
The guy only put out a bait
If there is greed in her, she will be attracted and if not, she will ignore it
The guy said she has to send him some money before he will send money to her.
Didn’t that sound stupid?
But she followed it.
It didn’t look stupid to her because of……GREED!
Guess what, she got attracted
It is not only rich people or politicians that are greedy even the poor are
Look at the MMM scheme
If you put in money, you receive +50% in two weeks.
If you refer someone, you will get much more
That sounds stupid and false, isn’t it?
But the people put out a bait
so, before you could argue, they will tell you that they are paying
They were PAYING
Have you asked what is going to happen by the time all the 10 million people in Nigeria join?
Let’s say there are 10 million people in Nigeria.
What MMM does is use the money of the first-timers to pay the old-timers as referral continues
So, even if they don’t plan to steal, the system will die a natural death
Where will the first-timers come from
So, the first thing we must talk about is the spirit of GREED
LOOK at the other part of James 1:14—
Greed is enticed.
Lust is triggered.
You give your money
15 Then when lust hath conceived, it bringeth forth sin: and sin, when it is finished, bringeth forth death.
17 Every good gift and every perfect gift is from above and cometh down from the Father of lights, with whom is no variableness, neither shadow of turning.
16 Do not err, my beloved brethren.
Whatever GOD does not give you, you must not desire to have it
It is only from God that good gifts come from
2. There is dignity in labour
It is a principle you must live it
You must believe in INPUT & OUTPUT
A young man told me about an online business
you must believe in labour
He will pay some money to register, say- 40k
They explained to him that what they do is sell drugs
When he pays they will give him some drugs which he can use or sell
Also, his money will keep multiplying
And then as he refers people, they will add to his bonus
That was the explanation they gave him
First, you need to know that IF IT IS AS TRUE AS THAT, that person will not tell you about it
She didn’t know you from Adam, why should she help you
What about her mummy and daddy
What about her siblings?
They all wanted money, isn’t it?
When the young man told me about it
You can eat or drink the drugs, that is your money
I told him that the money you pay is for the drugs
They are simply selling drugs to you
You see that additional money they promised you is a scam
If you can market the drugs and make a profit then, that is yours
I told him to tell the lady
The lady was sincere and she confirmed that it was true
WHERE is the work?
So, the litmus test to detect FAKE ONLINE investments is to ask: “WHERE IS THE LABOUR”
What do I have to do
Have you asked how much the bank will collect from them if they borrowed 100k from the bank?
At most, the bank will collect 130k in a *YEAR*
If you put in 100k and they promise to pay you 150k in two weeks
When they say PUT money, just go to sleep
That means if the business is that true, they can easily walk up to a bank to borrow 100k and use it for *26 weeks!*
Many have been deceived by the word forex!
So, why didn’t they go to the bank and come to you
If the Forex they tell you about is that reliable, they can just borrow a million naira
They are likely to pay back between 10-15% at the highest which is 150k in a year
If the business is true, why did they come to you when they can make 1.5 million in two weeks?
If they make that every two weeks, that’s over a 100 million naira
Again, why do they come to you
An old schoolmate of mine contacted me recently.
3. Beware of too good to be true
He wanted to come to buy a robot that trades crypto and forex by itself
He didn’t tell me when the opportunity came up for the job
This guy did not reach me when he got wedded
I knew I won’t buy it but I searched online anyway to get knowledge
But he got a robot to sell
Someone said if the robots are that good at trading without any human input, why would the person that developed such software (robot) want to sell it?
There is nothing truer than that
Quickly, let me talk about a specific investment
1. Sport betting
I guess this is the new norm
Betting had been since the days of man
Man is greedy.
He doesn’t want to labour but make money
So, betting and casinos were established
Let me ask you-
Is there any owner of a POOR betting company?
Most of those that do bet, are poor or rich.
This is betting.
10,000 people bets for 100 each equals 100,000.
Why are the customers poor and the owners rich?
You know 100 is not difficult for anyone to give
The owner promises you, 200k as the biggest prize.
Other prizes are 100k, 50k, 20k, 10k and downward
He makes the system in a way that only 20k is won. He goes home with 80k
When I was young, very young…I never did betting but I established a mini-casino where I told people to play games
You feel it’s just 100 and then you return again and again. In a year, you and 10,000 others have given 365,000 nairas
some will increase what they bet with
That’s just the minimum
I tell you, if betting companies return to up to 50% of what they make in a year, they will close down
Forex means foreign exchange
Just as you were buying naira in the last few days, people buy currency like that digitally
There are windows during the whole day where you can buy low and times you can buy high. It varies
So, you are advised to buy currencies especially dollars from people when it is cheap and sell when it is high
You can also lose money in the process
So, it takes a person that knows how to play the game to make money with forex
Someone now came up and said he is doing forex. He gave you an account number to pay in your money and promised you will get it back with 50% in two weeks
There’s no way you are certain about forex or can predict your gains.
No one will leave his trading and begin to trade that of yours and many other people
Anyone that promises you a certain percentage of return on forex in two weeks is doing something else and not forex.
He is a scam
People tend to compare crypto with forex
I hope some of you were here when I talked about crypto. Those who didn’t listen to me are now eating their coin raw
A currency will get weak if it has no PURCHASING POWER attached to it
The issue is that forex never says you can spend him in the market. Crypto calls itself a currency
Look at the old naira notes. It’s like toilet paper until this morning.
Because of its purchasing power- legal tender status was removed
What can crypto buy in the market?
That is why it is positioned to fall
4.Group captain for 2 weeks return
I know of a pastor that runs into debt of millions because of this
They facilitated a scheme that gives 2 weeks return
In short, it folded
They are not the organizers but since they did it and it pays, they got more involved and became a group leader
The guys ran away
People dragged them
They borrowed money from the bank to pay up to save their face
They are still in debt as the last time I learnt about it
Is there any scheme you want time to clarify?
I think I should close here but you can ask questions on whichever scheme you want me to elaborate
Before I close
I want to mention what people call LUCK in the world that produces wealth, we call it FAVOUR in this kingdom
Psa 102:13 Thou shalt arise, and have mercy upon Zion: for the time to favour her, yea, the set time, is come.
Especially in terms of filling His house with people just as we do at Anakagzo
Favour can be provoked when we give ourselves to the service of God
And why would God favour Zion
14 For thy servants take pleasure in her stones and favour the dust thereof.
Luk 14:23 And the lord said unto the servant, Go out into the highways and hedges, and COMPEL them to come in, that my house may be filled
What are these stones?
IF YOU WISH TO ENGAGE IN SERVICE THAT ATTRACTS FAVOUR, CLICK THIS LINK: wa. me/2348106522911
Father, thank you for the enlightenment of tonight.