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

Content creator and actor, Mr Macaroni has opened up about his financial struggles, saying he was both a victim of a scam and a failed investment in 2021.
He revealed that after losing all his savings, he resorted to borrowing to settle pending commitments and slipped into N500 million in debt.

He admitted that he is financially reckless and generous, impacting his financial stability negatively.

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."

The actor stated that 2024 marked a pivotal moment in his acting career but it was also the most challenging year for him as he faced over half a billion naira in debt.

Mr Macaroni revealed that his frustration grew worse after he was betrayed by someone he considered "a friend and sister."

He added that with the support of family and friends who stood by him during his trying times, he now "feels better than I have felt in the last 3 years!"

The comedian stated that he decided to finally share his story to encourage others who are going through challenges.