*Introduction*
The rise of online investment platforms has led to a surge in investment opportunities, but also an increase in scams. One such scam, ADK, has left many Nigerian investors devastated. This article shares the story of ADK's rise and fall, highlighting the importance of due diligence and skepticism in online investments.
*The Allure*
ADK, a Telegram-based investment platform, promised high returns on investments, with interest rates directly proportional to the amount invested. Initially, some investors received their returns, creating a false sense of security. The platform's administrators encouraged others to join, touting it as a lucrative opportunity.
*The Structure*
ADK's investment structure consisted of various VIP levels, each with increasing returns. Beginners started at VIP 0, with returns increasing as they progressed to higher levels. The promise of high returns, such as 80,000 Naira or more daily, lured many investors into pouring large sums of money into the platform.
*The Collapse*
On April 17, 2025, ADK's administrators announced a sudden "tax" on all users, claiming it was necessary to continue operations. The tax amount varied depending on the investor's level and investment amount. Many investors were forced to pay the tax to access their funds, only to find that withdrawals were not being processed.
*The Aftermath*
As investors tried to withdraw their money, they were met with empty promises from the platform's administrators. The tutors, who were initially helpful, began to persuade investors not to panic, claiming that everything would be resolved. However, it soon became clear that ADK had no intention of paying out the investments or returns.
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