Nikki Chromaz Owes Over 6.7M Jamaican Dollars After Loom Crashes

Dancehall public figure and entrepreneur Nikki Chromaz is currently living in fear from the crash of her Ponzi scheme loom.

Nikki made the Loom crash public on Instagram over the weekend while also expressing how she owes over JMD $6.7 million. She is receiving several death threats based on people being upset about the crash and losing money.

Loom, which is also referred to as the 'Birthday Club' and 'Blessing Plan', has been spreading through social media in recent months, mostly on WhatsApp, Facebook, and Instagram.

The scheme invites the public to invest as little as "$5,000 to get up to 300 percent on their investment within one week," according to the Jamaica Star. The people who participate have to invite two or more people for the loom to flourish.