mmm nigeria

The Securities and Exchange Commission, SEC, has restated its warning to the public against investing in MMM with crypto currencies such as OneCoin, Bitcoin and such other virtual or digital currencies. Recall that the Mavrodi Mondial Movement recently introduced Bitcoin, said to be the...

The Nigerian Police has stated why the force cannot arrest operators of Ponzi scheme MMM. Police said it does not have any directive from the government to arrest operators or participants of the MMM. It also explained that it would not go after operators or participants in the scheme...

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)...

The Securities and Exchange Commission issued fresh warning to Nigerians against patronising the ponzi scheme, MMM Nigeria. The scheme, which was suspended by its operators in December last year, had commenced operations on Friday. MMM had directed its members to provide ‘help and get help,’...

As Nigeria’s Ponzi scheme, MMM Nigeria returned, some subscribers have been pouring out their mind with reservations for the scheme. Some said they are yet to get help and some still waiting to get account unfreeze. Although, upon resumption, the scheme says its members will now be able to pay...

MMM Nigeria has announced that it is open again, after a month's moratorium. In a message sent to all members, Founder Sergei Mavrodi said MMM Nigeria is opening a day earlier than stipulated in order to boost investors' confidence. However, here are 5 things to know about the resumption...

Popular ponzi scheme, MMM Nigeria has resumed operations, 24 hours earlier than it promised. “This is to officially inform you that MMM Nigeria is open for business a day earlier than promised! Let’s go there Nigerians!” a tweet from @MMMNigeriaHelp said. The update was accompanied by a press...

As several reactions continue to pour in whether the ponzi scheme, MMM will unfreeze participants accounts tomorrow as promised, some participants are of the belief that they will surely get their money back while others opined that many lives will be lost if the money-doubling scheme does not...

As MMM Nigerian members are not sure of what tomorrow (14 January, 2017) holds for them, several reactions have trailed the promise that the ponzi scheme would be unfrozen tomorrow – a date set by the scheme founders to lift the current ban placed on deposits by the participants in the country...

Ahead of the much anticipated return of Ponzi scheme, MMM, ‘investors’ have been alerted to note that e-mail address and phone number will no longer serve as requirement for giving and providing help. The message was contained in a tweet via the MMM Nigeria Help Twitter handle. The official...

The Vice Chancellor (VC) of Osun State University, Professor Labode Popoola, claimed that a large per cent of the students diverted their school fees to the MMM ponzi scheme. The school Authorities have cried out over the alleged two billion Naira debts being owed the institution by most of...

The Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina, has dismissed insinuations in certain quarters saying he endorsed popular ponzi scheme, Mavrodi Mondial Moneybox, MMM. “A statement endorsing MMM is being credited to me on digital media. It is false...

Ahead of January 14 comeback of the popular Ponzi scheme, MMM Nigeria and the introduction of Bitcoin into the system, subscribers are skeptical about the unfrozen of their Mavros. MMM in a message posted on social media at the clock of the New year directed its subscribers to performed massive...

This photo which was reportedly taken recently in Delta State, has caused a stir online. The photo shows the words “MMM WHY” written boldly on a tricycle moving on a street. Obviously the tricycle rider has joined other Nigerians in lamenting the “temporary” shut down of the Mavrodi Mondial...

Well, more than ever before, online ponzi schemes are now popular in Nigeria. Some have blamed this on the biting economic situation in the country – that has forced many Nigerians to look for alternative means to make ends meet, and put food on their table. The Nigeria's cyberspace was awashed...

MMM Nigeria has said it is introducing Bitcoin, the 2016 world’s best performing currency, as a means of payment ahead of its January 14 2016 relaunch of the Ponzi scheme system. The world's most high-profile digital currency, Bitcoin, hit a three-year high this week, rising above US$1,000 on...

Ahead of next week restart of the Ponzi scheme Mavordi Mondial Movement (MMM) on 13 January, promoters have issued instructions to its participants whose accounts were frozen, to perform “Promo Tasks: A New Tool for MMM Community Development.” MMM in a message posted on social media to its...

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...

MMM Nigeria has released new guidelines for participants in anticipation of January 14 relaunch of the ponzi system. In the new strategy, the Admin said programmers are working seriously with a new model which will be announced and implemented at a later date. The new model , according to MMM...

The MMM Nigeria has released a bumper new year message to over 3 millions of its participants over the frozen accounts. The Scheme on its official Twitter account assured Nigerians their accounts will be unfrozen on January 14. "We promised that our participants' confirmed Mavros will be...