Product Review

Givers Forum crash looms as members failure to Provide Help continues

The end of Givers Forum is here as members no longer abide by the terms of Provide Help.

Giversforum.net is one of Nigeria’s popular ponzi schemes which got ponzi inspiration from the MMM Global.

We interacted with some members of the forum and put their accounts under close watch for a period of 30-day.

During this period we found out that members who needed help (Get Help) were matched with members for them to pay (Provide Help) into the bank account of the former.

However, some of those who pledged to Provide Help, PH for short, defaulted: they failed to make payment within the stipulated time.

Givers forum member uploads “Happy New Year” photo as Proof of Payment

One of the Givers Forum members, Rosemary, who couldn’t make payment to a fellow member uploaded “Happy New Year” photo as Proof of Payment (POP).

Proof of payment uploaded by Givers forum member on January 2, 2017.
Proof of payment uploaded by Givers forum member on January 2, 2017.

While that’s done she called her partner to confirm her payment before it’s discovered that the proof was hoax.

Is MMM break affecting Givers Forum?

Since the king of ponzi, MMM, announced to go on break in December 2016, fear had gripped participants of other schemes.

It’d be recalled that financial and stock regulator early 2016 warned Nigerians so avoid the king of ponzi, MMM when it penetrated Nigerian market.

But Nigerians jettisoned the advice.

Engr. Aminho has been vindicated

In one of our articles exclusively published by infobase, Nigerian engineer based in China tells us how he lost over N500,000 to MMM, while some of his colleagues lost millions of naira.

MMM is a global online investment fraud! MMM victim reveals how he lost over N500, 000

Engr. Muhammad Aminho advised Nigerians to steer clear of MMM, but some of MMM members dubbed his revelation “a theory,” he’s called enemy of progress by some of our commenter.

Muhammad Aminho says MMM announcement to go on break marks the beginning of the end MMM Nigeria.

But MMM Nigeria anchored its decision to freeze Mavro to consistent pressure on its system, and pressure from government and Nigerian press.

It promised to open this month (January 12, 2017).

That wasn’t enough to discourage Nigerians from putting their hard earned monies into Givers Forum, which has been experiencing system failure for almost a month.

For instance, givers forum contact us page of the scheme has stopped working for almost two months as complaint sent to the admin got no response.

Complaints are no longer attended to.

Just like MMM, Givers forum has no sustainable business map that could stand the test of financial model.

So….

Is givers forum a fraud or real?

Whether it pays or not, a ponzi scheme can’t be rated on the premise of reality or fraud.

It’s highly risky.

It means ones entire investment could go down with the system. The brains behind ponzi schemes are clear about the risk involved, and the warning is boldly written in Red on top of the most important pages on their portal.

What is givers forum?

GIVERS FORUM says it’s a community of givers, whereby money donations rotate among its members.

In layman’s words, givers forum is based on the principle of give and take among its participants.

It calls itself a real mutual aid fund where ordinary people help each other to fulfil one of the most important needs in life.

Just like MMM, givers forum makes clear that “the scheme isn’t a bank, neither an online business, HYIP, investment or MLM program.

Who founded givers forum?

Founder of MMM is designed by the World most famous ponzi innovator, Sergei Panteleevich Mavrodi of Russia .

MMM stands for Mavrodi Mondial Moneybox which takes its name from its founder.

But Givers Forum’s founder isn’t known, but we do know that it gained inspiration from MMM.

It’s been speculated that the first group of people in MMM converged to launch givers forum, but the identity of the guys behind givers forum is hidden.

Is Nigerian concerned about ownership of givers forum?

Nigerians aren’t concerned about who owns this scheme, what they’re concerned about is how their monies grow, and fulfilling such promise.

A number of people we spoke to before we put this review together shows that givers forum are more focused on how their monies would grow by 10% weekly, or by 40% monthly.

How does givers forum operate?

To know how this scheme operate, one has to be involved, and we took our time out to create an account by registering FREE on its site www.giversforum.com

You log into your account known as Personal Office with the login details you registered with.

When one declares the willingness to donate (“Provide Help”), his or her account will be rewarded with the same amount you pledged.

His donation will start growing from the moment of offering the contribution at the rate of 10% per week with other bonuses.

This sum shows how much member can request for after a week of making the pledge and paying out to the receiving participant.

Say you have announced willingness to Provide Help of N20,000.

The person will be rewarded in his Private Office with N20,000. And it will immediately start growing!

A week later, this N20,000 will become N22,000 and in a month, it becomes N28,000. It means the person will be able to request assistance for N220,000 in the first week, N24,000 in the 2nd week, N26,000 in the 3rd week and N28,000 in the 4th week.

Note that your pledge must have been transferred and confirmed.

Steer clear of ponzi scheme…your entire money might go down with it.

Is there any online job or investment one could go into that will pay?

Yes, but none of them promises 35% interest. Interest on investment is a gradual process, not in such questionable manner.

Helping Hands International is one of them that promises bonus and referral bonus on any new member brings.

But helping hands international will not make you rich overnight as promised by ponzi schemes.

H2i stages and their benefits 

You’ve got a job to do in H2i: to refer at least two people; and how they make profits is very clear.

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15 Comments

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  • good morning,i made request to get help over a week now but am yet to be matched.is anything wrong with the system?this is really discouraging others that want to come in into the system.pls the admin should do something about this matching issue.

    • We believe givers forum is taking its time to make sure that its system isn’t overwhelmed like MMM, but we strongly advise you to be careful because your money could go down with the system any time.

      • I payed 100k, pledge 100k again and have been paired to pay just 72k to someone in less than 5days and was given only 53hrs to pay when av not been paired to recieve payment…I dnt understand whats going on,no notification of new changes or replying to members complain, every one I know is confused, how can they expect one to pay another money when u av not gotten d one u payed

        • You’re strongly advised to steer clear of givers forum because of the following reasons:

          1) Your complaints won’t be attended to.

          2) There is no active support unit. Your complaint could be pending for three weeks.

          3) MMM break has affected Givers Forum, it looks like the guys behind Giver Forum are guiders in MMM. For now, they have no sufficient money to keep the ponzi scheme running.

          We’ve taken our time to test and explore the forum, it doesn’t worth it. You’ll be let down at the end. If you’re lucky to get your money out of Givers Forum, it’s better to stay away.

        • Pls I am in the same situation as u. Now I have just 10hrs left to make payment, dunno what to do cos if I don’t pay I may be blocked and loose my money since I haven’t received the previous one I requested for about 3 weeks now. What did u do about ur situation?

  • I placed a request to get help almost two weeks ago… And I’ve still not been matched…. Is that how d system works? Really scared…

  • I try to get help on givers forum since 1st of January 2017, and the person matched me with one Mr okon has refused to pay me but instead post fake pop, yet admin failed to correct the abnormally, I have yet to be paid and yet to be rematched. Pls help me out

    • Hello Mr. Balogun, Givers Forum, according to the in-house research carried out by one of our team members, is financially crashed: no one is ready to payout any member again.

      Two, the support unit of the ponzi scheme has ceased to function, your complaints could be pending for weeks.

      We’re not a party to Gives Forum, but an independent infomation gathering team, and we can authoritatively tell you that Givers Forum has packed, that’s why you see Google Adsense on the homepage: it need money for maintenance.

      We’re afraid, your money is gone.

  • I gh and I got help of 36000 in which 4people are to pay… 3 out of 4paid…and the fourth didn’t pay. The system has match with another to pay me, same didn’t not pay.. Since then system has not match me..

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