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Can Melsion Investment double your money? No, Nigerians beware of scam Facebook posts

IN SHORT: Melsion Investment Platform is not a registered business in Nigeria. Posts promoting it on Facebook should be ignored.

Some Facebook posts are encouraging Nigerians to invest in a “legitimate platform” that can double their money.

“GOOD DAY FRIEND I will like to introduce you all to a paying and legitimate platform which I have been earning from.It's called MELSION INVESTMENT PLATFORM,” reads one of the posts dated 4 August 2023.

It also says: “I also want to use this opportunity to advise you'll that are in seeing this platform, if you're here please you just need to believe what's going in this platform, the company is not fake and they are not after anyone money but for the happiness of everyone so please stop doubting them.”

The user claims to have made 600K after paying 300k.

The post features a screenshot of proof of payment from the investment platform.

The poster also urges those interested to reach out via a WhatsApp link in the comment section.

There are over 35 other comments, mostly from users saying this is “the best platform” and it is “genuine”. Others are sharing screenshots of messages, apparently showing money deposited into their accounts.

We found similar posts here, here, here, here, here, here, here, here, here, here, here, here, here, here and here.

But is the investment platform legitimate? We checked.


Signs of a scam

There are many ways to spot a scam on Facebook and one of them is the promise of quick cash. According to these posts, Melsion Investment can double your money within minutes.

Nigerians have previously been warned not to fall for this kind of a scam as it promises unrealistic returns.

Poorly written posts should also raise suspicion. Posts that tell you that the platform is “not after anyone money but for the happiness of everyone” are most likely not legit.

Another reason why users should tread carefully is that they are asked to “register” via WhatsApp. A legitimate investment platform would be expected to have a website or email address for communications, not only WhatsApp.

Africa Check searched for “Melsion Investment” on Nigeria’s business register and found no business by that name.

Africa Check has previously investigated similar false investment schemes here, here, here, here and here.

To help protect yourself against online scams, read our guide to Facebook scams and how to spot them.

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