A Ponzi scheme known as PXES has stopped paying returns, leaving investors with significant losses. The online platform had attracted millions of naira in investments from Nigerians.

The scheme ceased to pay returns in September, causing investors to count their losses. Further details about the situation are available from the source.

More information can be found at the provided link, which offers additional insight into the events surrounding the PXES Ponzi scheme and its impact on investors.