Image source: TEGFCU
Claim: A Facebook user posits that “Norland investment” is where people can invest and get their money back in 45 minutes.
Verdict: FALSE. According to the Norland Industrial Group website, it does not operate a Ponzi scheme.
Full Text
Ponzi schemes are not new, but different methods and tactics are used to get what they want from people. The goal of these kinds of schemes remains to dupe people and run with their money.
Every day, we hear or see new stories of people getting scammed, but one thing is always unique about the stories; “get your money back in one hour.”
Different Facebook pages are now advertising for a “Norland Investment” scheme.
A Facebook page named BBC Nigeria News posted a video of a woman telling people about a thriving network marketing known as Norland Industrial group that has been helping people make money.
In the almost 2-minute video, different celebrities praised the scheme and encouraged people to join to experience the good part of the investment.
One man even shared how he left his job as a civil engineer to join Norland Investment because he got paid more than his salary in two weeks.
This Facebook post has garnered 182 likes,169 comments and seven shares since it was shared on June 28, 2023.
The sensitive nature of this post, its virality and the integrity of the group mentioned made us at DUBAWA investigate the claim.
Verification
We checked the handle of the Facebook post to see if it is the verified page of The British Broadcasting Corporation (BBC) and saw that they were impersonating the original page.
BBC has only one Nigerian page named The BBC News Pidgin, and the one purported to belong to BBC Nigeria is fake, with only 27 followers. This was the first red flag.
We analysed the message’s contents, conducted an advanced search on Google, and saw nothing like Norland Investment. The name Norland Investment was not registered under the corporate affairs commission. We only found a registered business name known as Norland Global.
Norland Global is a Multilevel Marketing Business with fast-selling Norland Supplements, products, and daily consumables. This means that you get products equivalent to the amount invested.
We checked online and saw that Norland Global had released a statement on January 7, 2022, stating expressively that they do not run a Ponzi scheme.
They stated that a man had called them to ask if they knew about the scheme because someone had cajoled him to transfer #50,000 to him, promising to double it in an hour.
We also discovered that the video shown in the Facebook post was taken from a series done on YouTube by the Norland Industrial Group.
Conclusion
We discovered that Norland Group exists but is not an investment platform. The video used on Facebook was taken from an official video of Norland Global.
Norland Global ought to do something serious about this so called scammers, using Norland investment and popular celebrities video record to scam innocent people. They go as far as using popular Nigeria News Paper’s name such as Punch News to convince many and lure them into their evil plots (scam). They’re fast in responding to messages through WhatsApp which they can be reached on their advert page.
If Nigeria is working as it ought to be, those WhatsApp line are registered, they can be traced or tracked. Then the perpetrator can be brought to book, to serve as deterrent to others.
Nigerians are going through hell from the hands of heartless individuals.
May God rescue us from their evil plots.
Absolutely,people should be very careful.These scammers usually use the name of big companies to perpetrate their criminal life styles.
Have been scam with the sum of #150000 , yesterday I don’t know what to do, how can I get my money back
Please help me he called himself Norland admin his name is Mr Felix Kingsley
Mr Felix Kingsley with phone number 07046430634 and 09030520438 has scammed me with the sum of #150,000, he said he’s admin at Norland investment, I paid to account no 5003608160, account name Norland limited, bank name, bankly microfinance bank. Please somebody should help me get my money back.
Norland investment are really scammed,I was scammed just because of the advert made by BBC news and the sum of 200k was gone.
mention the name of the person oo my own is benjamin adha 101k scamed me
If I can attach my evidence I will
Thank you for guiding us o
Good morning. My names are Olawunmi Adewoyin. I suggest these people impersonating Norland be handed over to the EFCC with immediate effect. Right now, they are using the NTA page to advertise their dubious scheme. One of such people is Dennis Nwordu.
I chatted them, and they asked me to invest and get double of my payment within 45 minutes
I was also a
Thanks for this update I almost fell victim of this..after I register with them and about to do the transfer to one palmpay account sent to me for payment I decided to search for them on Google but I found nothing like Norland investment.. thanks for guiding us.
i will like to do investment
please help
I am about to fall a victim I have already sent 20k but the trading money just jumped to 50k in which one Dr ifeoma in urging me to pay for her to start trading with my money
Upon checking true caller I find her name to be Favour Ososo
Please be aware they are scammers.
But why will our celebrities allow themselves to be used by these scammers
After coming across them on Facebook I decided to chat with them on WhatsApp to know much about the norland and how it work, to be sincere I have made up my mind to venture in but something tells me to go for more research about Norland, Alhamdulillah through this platform I have learned more about there fake business, indeed they are scammers
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There are a lot of untrue recommendations and its hard to tell who is legit. If you have lost money to scam contact (zattrecoverypro1 ⓐ Gmail Dot Com) they will surely help you out. Took me long to find them
After coming across with them on Facebook, they told me to chat them on Whatsapp and I do so, i first invested with 10k later they said the money have upgrade so I need to pay another 20k to make my money 30k so I will be able to collect 65k with bonus.later they directed me to one man saying i have to pay for verification fee which is 10,500 in two times.The admin that registered me is Mr Benson Adeboye
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