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Business Ghanaians Blame Ponzi MMM For Their Financial Misery
Many people in Ghana have lost money by investing in a Russian-backed Ponzi scheme which promises huge profits. The scheme, the Mavrodi Mondial Movement or MMM, was introduced in Ghana after it was placed on suspension in Nigeria by its administrator. According to Deutsche Welle, Ghana's...- ProfRem
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Metro NNN Nigeria: Nigerians Caution Each Other Against Ponzi Scheme
Nigerians on social media have opened 2017 discussion with the NNN Nigeria ponzi schme modeled alongside the popular Mavrodian scheme, MMM. Here are what Nigerians are saying about the scheme on Twitter: Recommended: NNN Nigeria, Another Ponzi Scheme Surfaces- ProfRem
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Metro MMM: I Didn't Bring it To Nigeria, I Only Participated - Pastor Ernest Mbanefo
A self-styled pastor, Ernest Chigozie Mbanefo has denied ownership of the popular Ponzi money doubling scheme, MMM Nigeria. Reacting to media report, Mbanefo insisted that he was an “Ordinary Participant like the over 2 million Nigerians who are participants of the MMM Nigeria.” The self –...- ProfRem
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- mmm nigeria nigeria news nigerianbulletin pastor ernest mbanefo
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Metro MMM Participants Donate Food and Cash to Delta Orphanage
Participants of the MMM Ponzi scheme in Delta State have donated food items and cash, to orphanages in the state. The participants in the region of Delta State, who referred to themselves as Delta State Guiders moved around in convoy of sophisticated vehicles branded MMM Nigeria.- abujagirl
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- delta state news mmm mmm nigeria naija news
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Business MMM Nigeria: Pastor Adelaja Lists 12 Eye Opening Facts About The Ponzi Scheme
Popular Nigerian pastor, Sunday Adelaja, has advised Nigerians to refrain from participating in Ponzi schemes and pyramids like, MMM, saying it is a fraudulent way to get money from ignorant people. In his article titled, “why every Nigerian must fight against get rich quick schemes”, he listed...- ProfRem
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- mmm nigeria nigeria news nigerianbulletin pastor sunday adelaja updates on mmm nigeria
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Business MMM Nigeria: Man Who Drank Insecticide Over Crash Opens Up
The young intending groom, Adakole, who drank insecticide over the crash of ponzi scheme, MMM, has opened up on his ordeal. Adakole, a native of Ai Okpe in Okpokwu LGA of Benue State whose wedding is slated for December 28 had invested N300 thousand into the scheme last month and was expecting...- ProfRem
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- abuja news man who drank insecticide opens up mmm nigeria naomi de diva on 92.1 vision fm nigeria news ponzi scheme
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Entertainment Ponzi Schemes: Pentecostal Churches are Worse than MMM - OAP Freeze
Nigerian On Air Personality, Daddy Freeze is of the opinion that pentecostal churches in Nigeria are worse than the popular ponzi scheme, MMM Nigeria. On Social Media, he compared the MMM Ponzi scheme to the Nigerian Pentecostal church, but said that of the two, MMM was the lesser evil...- LequteMan
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Metro MMM Founder, Sergey Mavrodi Sends New Message to Nigerian Participants, Blasts Journalists
The founder of the Mavrodi Mondial Moneybox (MMM), Sergey Mavrodi, has warned Nigerian journalists and the media, about creating panic over the suspension of the ponzi scheme in the country. Mavrodi, in an open letter, insisted that they have not crashed and will be back in January 2017 as...- kemi
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- mmm mmm nigeria sergey mavrodi
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Business The Only Thing We Can Do For MMM Victims - NDIC
The Managing Director of the Nigeria Deposit Insurance Corporation, NDIC, Umaru Ibrahim, has said there is nothing else the agency could do except to offer prayers for the victims of the recently crashed Mavrodi Mundial Movement, MMM. The MMM had last week suspended its window in Nigeria due...- kemi
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Metro Nigerian Students Lament – We Put Our School Fees, Project Fund in MMM
Nigerian students who are currently caught in the web of MMM cash freeze has let out their frustrations on the scheme. Below are some interviews conducted by Punch: The amount I invested in the MMM scheme was N100,000. I was expecting my 30 per cent profit when I got the news that our...- kemi
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- mmm crash mmm nigeria ponzi scheme
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Business NNN Nigeria, Another Ponzi Scheme Surfaces
Barely three days after the alleged crashed of the Mavrodi Mundial Moneybox popularly known as MMM, another Ponzi scheme has surfaced in Nigeria. Members of the famous money-doubling scheme, MMM were thrown into panic and great confusion on Tuesday, following the message from the ponzi scheme...- ProfRem
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- mmm nigeria nigeria news nigerianbulletin nnn nigeria ponzi scheme
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Business MMM Storms Ghana, Preaches On 'Nigeria's Success'
Popular Ponzi scheme, MMM has landed in Ghana after its surfaced in Kenya. All of this only a few days after over three million Nigerians were left hanging by the decision to freeze their accounts on the system. MMM is cajoling members of the public in Ghana to ride on the success of the scheme...- ProfRem
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- ghana news mmm ghana mmm in ghana mmm nigeria naija news news about mmm in nigeria
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Business MMM Nigeria: Top Guilder, Chuddy Denies Being An Administrator
Top MMM guider, Chuddy has dissociated himself from the controversies trailing the alleged crash of the Ponzi scheme. He also denied being an administrator of the MMM as widely circulated. As Nigerians continue to live in panic over the recent development, Chuddy took to his Facebook page to...- ProfRem
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- chuddy ugorji latest news on mmm mmm nigeria naija news
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Business 2 Factors That Caused Payment Freeze – MMM Nigeria
For Nigerian subscribers of the Mavrodi Mondial Moneybox (MMM), a ’top guider,’ has called for calm. On Monday evening, Sergey Mavrodi penned an open letter, with the title, “One-month freezing of confirmed Mavros,” where he informed subscribers of a pay freeze until January 13, 2017. “Dear...- ProfRem
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- mmm mmm nigeria mmm nigeria guilder naija news on mmm nigeria news why mmm freeze payment
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Metro Calabar: Man Beats Wife to Coma for Investing Children's Fees in MMM
Forty-five year old Mark Friday, has been arrested for allegedly beating his wife to a coma because she allegedly using the money meant for their children’s school fees to invest in the MMM Ponzi scheme. Reports say the man gave his wife, Ekamma, N280,000 to pay their three children’s fees she...- LequteMan
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- cross river state news mmm nigeria
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Business MMM Nigeria To Lift Ban on Cash Freeze, Set To Pay in Batches
Ponzi scheme, MMM Nigeria is set to bounce earlier than its projected one-month suspension, Naij reports. MMM Nigeria operators revealed to Naij that “some Mavro will be released before the 30 days release date probably in batches.” Also, participants cannot provide and get help for now as...- kemi
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- mavrodians mmm nigeria
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Entertainment I Invested N25m in MMM - MC Galaxy
Popular Nigerian singer MC Galaxy seems to be among the millions of Nigerians who got disappointed by controversial money doubling scheme called MMM. On his Instagram page @mcgalaxymcg, the ‘Sekem’ crooner said his manager pushed him into the mess. He wrote: “That moment when u waiting for...- kemi
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Business MMM Dominates Google Trend as Fear of Unknown Grips Nigerians
The Mavrodi Mondial Moneybox, popular Ponzi scheme known as MMM, payment suspension for one month was top on Google search this week, an official said on Thursday. The domination cannot be unconnected with fear that’s has gripped ‘investors’ on whether payment will resume by January as...- kemi
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Business After Cash Freeze in Nigeria, MMM Moves To Kenya, Promises 40% Return On Deposits
After conquering South Africa, Zimbabwe and Nigeria, MMM has taken its message of 40% return on investment to Kenya. The scheme, which calls itself a Global financial social network but is really just a Ponzi scheme was created by Russian criminal, Sergei Mavrodi.- kemi
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- mmm kenya mmm nigeria
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Business MMM Nigeria: Here Is The Bank That Warned Nigerians A Week Before Cash Freeze
As those involved in the money-doubling scheme, MMM continue to lament over the cash freeze of invested savings till January 2017, a retrospect to the warnings issued revealed that only Access Bank Nigeria specifically warned its customers of the ponzi scheme. The cash freeze came exactly a week...- PressRoom
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- access bank warns against mmm mmm cash freeze in nigeria mmm nigeria
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