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Davido And Nancy Isime, Face Public Backlash For Backing Fraudulent Ponzi Scheme

Published by Rocklife22 Sat, Apr 24, 2021

The entertainers were ostensibly employed as brand influencers to promote the image of the platform.

Nigerians have continued to call out Ace entertainers, ...

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Davido and Nancy Isime for influencing public opinion in favour of a ponzi scheme which has since gone rogue.

As gathered by GISTFANSTV BLOG, The ponzi scheme, known as Racksterli, was purportedly floated by one Michael Chidiebere Oti as an affiliate marketing platform and had garnered investments from Nigerians to the tune of billions of naira before it went underground sometime in March 2021, leaving almost four hundred thousand subscribers in the ditch as billions of naira remains trapped on the ill-fated platform.

Michael Chidiebere Oti, AKA BlackGold

In the wake of the crash, Michael Chidiebere, who is popularly known as BlackGold had promised to refund initial capital to subscribers since paying them their return on investment (ROI) had become unfeasible.

But in a sudden twist of events, the Naval Officer turned businessman moved to float a new platform, leaving thousands of investors to their hues and cries.

Chidiebere with Davido

Two prominent figures who have seen their names fiercely tarnished by this imbroglio have been the delectable actress, Nancy Isime as well as ace musician, David Adeleke, famously known as Davido.

The entertainers, who were ostensibly employed as brand influencers to promote the image of the platform have continued to receive backlash and fierce criticism from Nigerians for backing a platform which has turned out to be a fraudulent scheme.

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