Popular content creator and actor, Debo Adedayo, aka Mr Macaroni, has revealed his financial struggles after falling victim to a scam and a failed investment in 2021, which left him in debt of N500 million.
In a post on X, he recounted losing all his savings and borrowing heavily to stay afloat, only to get trapped in repaying high-interest loans.
“Sometime around 2021/2022, I was a 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,” he wrote.
He admitted his financial recklessness worsened the situation.
“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 realise that I was using the money I was earning to pay back interests. Also, my financial recklessness did not help,” he explained.
Describing 2024 as his most challenging year, he expressed gratitude to supportive family and friends. Now on the path to recovery, he urged followers to avoid borrowing unless absolutely necessary.
“Please don’t borrow money! But if you must, please be responsible,” he advised.