Nigerians woke up today to social media agog with the news that Mavrodi Mondial Moneybox (MMM) Nigeria had suspended operations till next year January.
Members got the following message when they logged into their accounts today.
One-Month Freezing of Confirmed Mavros
Dear members!
As usual, in the New Year season the System is experiencing heavy workload. Moreover, it has to deal with the constant frenzy provoked by the authorities in the mass media.
The things are still going well; the participants feel calm; everyone gets paid – as you can see, there haven’t been any payment delays or other problems yet – but!.. it is better to avoid taking risk.:-)) (Moreover, there are almost three weeks left to the New Year.)
Hence, on the basis of the above mentioned, from now on all confirmed Mavro will be frozen for a month.
The reason for this measure is evident. We need to prevent any problems during the New Year season, and then, when everything calms down, this measure will be cancelled. (Which we will definitely do.:-))
We hope for your understanding, Administration
Because there was no prior notice of this suspension, a lot of the members were confused.
Because there was no prior notice of this suspension, a lot of the members were confused.
First of all, "What is MMM? MMM is a Russian Ponzi scheme established in 1989 by Sergei Mavrodi, his brother Vyacheslav Mavrodi, and Olga Melnikova. The name of the company was taken from the first letters of the three founders' surnames.
MMM Nigeria presented itself as community of people providing each other financial help on the principle of gratuitousness, reciprocity and benevolence.
Some people think the scheme will not come back in January.
While some people believe that the scheme will be back in January.
Interesting that this scheme does not even have a physical address.
Wonder what will happen in January
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