The founder of the infamous MMM financial pyramid schemes, Sergey Mavrodi, died of a heart attack on Monday, March 26, 2018, at the age of 62.
The former deputy of the State Duma died in the Russian capital, Moscow, after he felt weakness and pain in the chest area.
Here are a few things you...
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The Vice Chancellor of Osun State University, Prof. Labode Popoola, said on Saturday that the institution would collect the over N2bn debt students owe it whether they are able to recoup their money invested in the Mavrodi Mondial Moneybox, MMM or not.
Popoola said, “Some of them (students)...
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The controversial Ponzi scheme, Mavrodi Mondial Moneybox (MMM), Nigeria subscribers are undaunted despite temporary closure of the operations as they plan to meet with the House of Representatives’ committees on finance and banking and currency to seek for government’s recognition of the scheme...
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The operators of Mavrodi Mondial Moneybox, MMM, a ponzi scheme, are battling to console millions of panic-gripped Nigerians.
About three million Nigerians are believed to have invested in the scheme.
MMM on Tuesday, frozen by one month, payments of both capital and 30 per cent interest...
The Economic and Financial Crimes Commission, EFCC, Tuesday reacted to ‘frozen’ accounts and alleged crash of the Mavrodi Mondial Moneybox, otherwise known as ‘MMM’
In a response to a Twitter user, @Lolami_Boo, who called out the EFCC, asking other MMM users to hold the agency responsible for...
Mavrodi Mondial Moneybox (MMM) known as MMM Nigeria has been ranked as the most recent visited site in the country by the California-based company, Alex Internet.
Alexa provides analytical insights to benchmark, compare and optimize businesses through ranking on its platform.
The scheme which...
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The House of Representatives on Wednesday ordered the Economic and Financial Crimes Commission and the Central Bank of Nigeria to immediately go after the promoters Mavrodi Mondial Moneybox, otherwise known as ‘MMM’ in Nigeria.
Lawmakers warned that the “trick” used by the operators was to...
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