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Nigerians react as MMM scheme gets frozen less than 2 weeks to Christmas


Staff member
Nov 3, 2016
Accra, Ghana
For some months now, a large number of Nigerians have been investing and profiting by the Ponzi scheme, Mavrodi Mondial Movement (MMM).

All warnings from the Nigerian government has failed to attract anyone's attention.

This December, MMM members won't smile to the bank as usual since every one of the accounts have been frozen.

A circular was on the MMM website that said all confirmed Mavro has been frozen for a month. This implies the individuals who have provided help and are holding up to get help won't have the capacity to do as such until after one month when the boycott is off.

In any case, members were asked not to panic as everything will return back to its normal state in the New Year.


This is awful news for many Nigerians who have put in a great deal of cash into the cash multiplying scheme, hoping to get additional cash to celebrate this Christmas.

Many have taken to social media to insult MMM members who declined to listen to warnings while others are crying that the freeze came at a wrong time with Christmas practically here.

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A day back, the founder of MMM, Sergey Mavrodi composed a letter to Nigeria's federal government, naming the advantages of the scheme. He urged the President Muhammadu Buhari-led administration to embrace the development which he said is helping Nigerians.


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