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#Financial Exploitation

The Mirage of Wealth: How ‘Billionaire Schemes’ Trap Students in Debt and Exploitation
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The Mirage of Wealth: How ‘Billionaire Schemes’ Trap Students in Debt and Exploitation

A deceptive "billionaire scheme" is preying on university students, luring them through social media with false promises of rapid wealth. This multi-layered network, resembling a pyramid scheme, has driven many into severe financial debt and, in some extreme cases, prostitution. Authorities are issuing warnings about the scheme's exploitation of vulnerable youth and the significant personal and financial risks involved.

Oluwabunmi Ayeni11/22/2025