INTRODUCTION: In recent months, many Nigerians have been lured into the F&B Earning Platform with promises of daily profits and easy withdrawals. But is this platform truly legit, or is it just another scam draining hard-earned money from unsuspecting users?
F&B claims to be an investment platform where users can earn daily income by investing in digital products or tasks. Users are encouraged to top-up accounts and refer others, with flashy dashboards and bonuses promising quick returns.
Below are some of the red flags or suspicious things I noticed :
-No verifiable company information
-Fake or unverifiable certificates
-Sudden changes in withdrawal rules
-Disabling accounts when users request withdrawal
-Lack of transparency
-Revenue coming only from new deposits
-Use of urgency and referral bonuses
-Sudden shutdowns or “maintenance”
MY PERSONAL EXPERIENCE WITH THIS WELL PACKAGED SCAM
In a time where things are tough and everyone is looking for genuine ways to make money online, platforms like F&B Earning Platform seem like a miracle. At least, that’s what I thought when I came across it.
They promised daily income, simple tasks, and “easy” withdrawals. At first glance, everything looked professional and believable. But deep down, F&B was nothing more than a cleverly disguised scam – and I found out the hard way.
How I Got Involved
Like many Nigerians, I heard about F&B from a friend who claimed to be cashing out daily. I visited the website, saw the testimonials, the nice interface, and thought, “Why not?” I signed up and funded my account with N295000
To my surprise, I started earning reasonable amounts daily. I even got a referral bonus. Everything looked real – until it was time to withdraw.
Where Things Started Going Wrong
After a few days, I tried to withdraw. That’s when I noticed several red flags:
- They suddenly introduced “maintenance fees” before you can cash out.
- They started changing the rules – one minute you could withdraw, the next minute you had to wait for “system upgrades.”
- Some people’s accounts were being blocked for no reason.
- Their customer support either gave vague answers or ignored messages altogether.
- It became obvious that this platform had no sustainable business model. They were simply moving money around – paying old users with new users' deposits, a classic Ponzi scheme.
The Moment I Knew It Was a Scam
The final straw was when my account was frozen without explanation. I had about N234 000 in my balance. I contacted support, sent emails, and even tried reaching out on WhatsApp – no response. Shortly after, the entire platform went offline for days. When it came back up, all my earnings were gone, and my dashboard was reset.
I wasn’t alone. I saw comments online from others who lost millions of Naira. Some people had borrowed money to invest. The damage was heartbreaking.
How They Tricked Us All:
- F&B used all the typical scam tricks:
-Flashy website with fake certificates and testimonials
-Promises of high returns with little effort
-Urgency to invest more and refer friends
-Lack of a real, verifiable business model
-No physical office, no public leadership
What You Should Do If You're a Victim Too
If you've fallen into the same trap, here’s what you can do:
1. Stop investing immediately. Don’t try to “recover” your money by putting in more.
2. Report them to authorities like EFCC or FCCPC.
3. Warn others. Share your experience online and in your community.
4. Protect your data. If you shared sensitive info, update your passwords or account settings elsewhere.
CONCLUSION:
I’m sharing this not to blame anyone, but to protect others. I lost money. So did many people. But if we stay silent, these scammers will continue to thrive.
Always remember: if something sounds too good to be true, it usually is. Do your research, and trust your gut.
You must be logged in to post a comment.