Is 86fb Football Legit? A Warning to Potential Investors

Is 86fb Football Legit

Introduction: Is 86fb Football Legit?

The 86fb Football Ponzi Scheme ( has recently come under scrutiny, with allegations of fraudulent activities and significant financial losses for Nigerian investors. This review aims to shed light on the situation and caution potential investors about the risks associated with this platform.


Is 86fb Football Legit?

According to reports BY Sahara Reporters, thousands of Nigerians invested substantial amounts of money in 86fb Football, enticed by the promise of a 3% profit on their initial investment. However, it has been revealed that the company has ceased making payments to investors, leading to widespread financial losses.

Dubious Registration and Alleged Misappropriation

Victims have voiced their concerns, highlighting the company’s dubious registration under the Corporate Affairs Commission. It is alleged that the company used the passport document of a Nigerian young lady named Alozie Chidiebube Chimuanya, with the assistance of lawyer Bernard Andah Damisa. Additionally, there are claims that the company moved over N200 billion using Tether (USDT), a blockchain-based cryptocurrency, and also reportedly stole $52 million (N21.5 billion).

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Victims Seek Justice and Investigation

In light of the alleged fraud, victims are demanding a thorough investigation into the matter to ensure that the responsible individuals are held accountable. They are specifically calling for scrutiny of the lawyer involved in the registration process, as well as the banks used for the fund transfers.

Company’s Statement and Response

Notably, 86fb Football has published a statement on its website acknowledging that it is facing significant challenges and in a state of crisis. The company claims that its funds have been maliciously frozen by payment company Flutterwave, alleging that Flutterwave intends to seize the funds. 86fb Football asserts that it is working to protect the rights and interests of its users, despite facing formidable opposition.


The revelations surrounding the 86fb Football Ponzi Scheme are a stark warning to potential investors. The allegations of fraudulent practices, dubious registration, misappropriation of funds, and frozen assets raise significant concerns about the legitimacy and trustworthiness of the platform. It is crucial for individuals to exercise caution and conduct thorough research before investing their hard-earned money in any investment opportunity.