I was defrauded, slipped into debt – Mr Macaroni opens up on financial struggle

Content creator and actor, Mr Macaroni, has shared his financial struggles, revealing that he fell victim to a scam and a failed investment in 2021. He disclosed that after losing all his savings, he had to borrow money to meet pending obligations, ultimately accumulating a debt of N500 million. He admitted to being financially reckless and overly generous, which has significantly affected his financial stability.

The actor revealed that 2024 was a turning point in his acting career but also his most difficult year, as he struggled with a debt exceeding half a billion naira. Mr Macaroni shared that his frustration deepened after being betrayed by someone he considered both a friend and sister. However, with the unwavering support of family and friends, he now feels better than he has in the past three years. He decided to share his story to inspire others facing similar challenges.

In lengthy post shared via his X handle on Thursday, Mr Macaroni wrote, “Sometime around 2021/2022 I was victim of a scam and simultaneously a failed investment that cost me all I had saved at the time. It shook me deeply but I told no one about it. If you know me well enough, you would know I do not like to share my problems. I could be going through the worst and at the same time helping others solve their own problems but I just would never share mine.”

“After I lost all the money I had then, Trouble started when I had to borrow money from different sources to settle all pending commitments and also fulfill certain responsibilities i have always believed were mine to fulfill. I make money in millions so I never thought borrowing money to pay back with interest could ever be a problem. But I got too comfortable and it took me a long time to realize that I was using the money I was earning to pay back interests. Also, my financial recklessness did not help. Please don’t borrow money! But if you must, please be responsible.”