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86FB – Login and Register (New Website) https://www.86w.com/#/ – 86FB: Nigerians react to a probable fall of an investment platform, raising concerns about ownership
86FB, a football-focused investment platform that promises to partner with William Hill, a major online gambling corporation located in London, England, to blend probability and analytics, may have fallen.
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This comes as a number of high-profile Ponzi schemes have failed in Nigeria recently. The platform that purports to be owned by City Football Group has also been determined to be unowned by the Abu Dhabi-based business that owns Manchester City Football Club in England.
The Economic and Financial Crimes Commission (EFCC) has announced plans to arrest four Ponzi scheme operators throughout Nigeria in the coming weeks.
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What exactly is 86Fb?
According to the website, it “focuses on football and collaborates with William Hill to incorporate probability and analytics.” Calculations, arithmetic, and other elements elevate competitive football to a level equivalent to money and equities.
It claims to use a hedge fund arbitrage approach that blends finance and conceptual science to achieve consistent profits with very minimal risk in sports betting.
Some of its agents also claim that it operates a reverse betting site where investors may make 3% of their money everyday (90% monthly ROI) if they follow the game plan supplied by the team.
86FB – The Ponzi scheme’s potential demise
All of the promises of big returns on investments seemed too good to be true, since several Nigerians had been warning investors for weeks about the scheme’s impending demise.
A Twitter user named @iamjonado warned last week that it was a ticking time bomb. “86Fb or 86 FOOTBALL like y’all know it is a big-time BOMB,” he tweeted.
“The “fake” Ponzi scam in the shape of an investment has made its way across Whatsapp groups, Telegram, Facebook, and even Twitter, where it has been hailed with the creation of a sudden high paying investment platform,” he says.
The firm claims to be owned by City Football Group (the proprietors of Manchester City Football Club), however a Twitter user argues that “none has any relation with “86Fb” or 86FOOTBALL TECHNOLOGY LIMITED, which is their official name with the Nigerian corporate affairs commission.” I even went so far as to look out all of the “City Football Group” subsidiary firms; according to the information I found, they only had six!”
86FB, a football-focused investment platform that promises to partner with William Hill, a major online gambling corporation located in London, England, to blend probability and analytics, may have fallen.
This comes as a number of high-profile Ponzi schemes have failed in Nigeria recently. The platform that purports to be owned by City Football Group has also been determined to be unowned by the Abu Dhabi-based business that owns Manchester City Football Club in England.
The Economic and Financial Crimes Commission (EFCC) has announced plans to arrest four Ponzi scheme operators throughout Nigeria in the coming weeks.
According to the website, it “focuses on football and collaborates with William Hill to incorporate probability and analytics.” Calculations, arithmetic, and other elements elevate competitive football to a level equivalent to money and equities.
It claims to use a hedge fund arbitrage approach that blends finance and conceptual science to achieve consistent profits with very minimal risk in sports betting.
Some of its agents also claim that it operates a reverse betting site where investors may make 3% of their money everyday (90% monthly ROI) if they follow the game plan supplied by the team.