Thousands Lose Billions as NRC Ponzi Scheme Collapses
The National Reading Culture platform promised daily earnings for reading digital novels. Users paid VIP registration deposits from ₦18,900 up to ₦174,000 and completed simple reading tasks to earn guaranteed returns. Suddenly the site shut down and the operators vanished. Thousands of investors can no longer withdraw funds, leading to losses in the billions of naira. Several members in my circle invested heavily. One friend lost over ₦2 million after his pastor recommended it. Even now, some still hope it’s a temporary glitch. But history shows another scheme will soon take its place, and many will fall for it again.
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