IS MMM STILL PAYING IN NIGERIA?

The question in many people’s mind is whether MMM, the most popular Ponzi scheme is still paying people who participate in the scheme in Nigeria.

To answer this question, let’s look at the introduction of MMM into the Nigeria society and what led to froze of the participants’ account in December, 2016.

MMM is a Ponzi scheme founded by Sergei Mavrodi, his brother Vyacheslav Mavrodi, and a woman Olga Melnikova.in 1989. MMM has been introduced in most African countries like South Africa, Nigeria, Ghana, Kenya and Zimbabwe. MMM was introduced to Nigerians in the month of November 2015 as a community for mutual help where ordinary people assist one another. So many Nigerians embraced the scheme with lots of optimism that the scheme will help to mitigate the economic hardship and boost their financial capability. This led to many people both young and old undergoing training and eventually becoming guiders in the MMM scheme.

Mavrodial Mondial Movement (MMM) froze the account of all the participants from GETTING HELP (GH) on 13^th of December, 2016. The reason for this was attributed to the panic created by the Media and the discouragement of Nigeria federal government through the central bank of Nigeria, the Economic and Financial Crime Commissions and other federal government agencies. They came out publicly to warn people to desist from participating in MMM and thus dissuading those who would want to provide help.

This heightened the system as participants became nervous and uncertain of what the future holds for the scheme resulting to more people requesting to GET HELP (GH) than the PROVIDE HELP (PH). In other to control the mismatch in PH and GH, MMM decided to freeze the accounts of participants with the promise that they will resume operation on 14^th January, 2017.

DID MMM RESUME ON JANUARY 14^TH, 2017?

The answer is YES, MMM resumed operation on 13^th of January 2017, as against 14^th that they initially stated. But due to loss of confidence in the scheme as a result of the temporary froze of account; people didn’t continue participating in the scheme immediately. It experienced some lag and much system error while trying to get back to their feet. This made the media to report MMM as a crashed/failed scheme.

Although some persons lost their life through various suicide method on the news of the temporary suspension of the GET HELP, MMM as a scheme actually succeeded in achieving its aim which is to remove the media and the federal government of Nigeria’s attention from the Ponzi scheme and thus reducing the volatility in investing in the scheme.

WHY YOU SHOULD INVEST IN MMM AGAIN?

I know that some persons may think MMM is for jobless folks who don’t have any job but I tell you today that MMM is a game for the strong hearted and risk takers. However it is advisable not to borrow money to put in the scheme because anything can happen at any time.

I am a freelancer who earns decent monthly income from Fiverr.com. When the GH feature was disabled in December, 2016, I had just my #20,000 in the scheme. I didn’t feel much bad because to me, the money is too insignificant. I can afford to lose it. Hence I encourage anyone who wished to participate in the scheme to do that now before the media and the federal government focuses their attention on the scheme again. The scheme is enjoying a very serene environment now as such has a lower risk of crashing any soon.

To know what I do to make at least $800 every month, click HERE to view my freelance account profile.

If you want to sign up to MMM, kindly click HERE to get started, and please NEVER you borrow money to invest in the scheme as it is clearly stated there that EVERYONE SHOULD PARTICIPATE WITH HIS/HER SPARE MONEY. The use of the word SPARE MONEY has aroused a great controversy amongst the critics and supporters of the scheme.

They critics are of the opinion that there is nothing like spare money since every penny is important to whomever that owns it. But I want to explain to you that spare money is any money you can afford to lose without much regrets. Remember that it is a RISK NOT TO TAKE A RISK. Don’t test the depth of the river with two legs or else you will DROWN!

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