MMM Announces Restart in Nigeria

Popular ponzi scheme MMM has officially announced a “RESTART” of the system, leaving many Nigerian participants wailing with thousands and millions on Naira trapped in the scheme.

Read the full text of the message:

RESTART

Unfortunately, we were unable to overcome the consequences of the crisis triggered by the authorities and mass media incautious actions at the beginning of this year. Despite all our efforts. The problems have been accumulating and, as a result, we have to announce a restart.

So, there is a restart: All old Mavros (acquired before this announcement is posted) are frozen. We will gradually buy them back as the System develops. All transactions with new Mavros (acquired after this announcement is posted) will be carried out on the usual terms with no restrictions.

Woman drowns herself in River Benue over crashed MMM

A woman, Gloria Samson has allegedly committed suicide in Benue State over the loss of her investments in ponzi scheme, Mavrodi Mondial Moneybox (MMM). Gloria who has a husband and two children was said to have invested a N400,000 loan she procured into the ponzi scheme. The deceased reportedly apologized to her children on December 28 and also sent same apology to her husband who was at work.

MMM Nigeria Boss, Chuddy Ugorji & Wife flee Nigeria

The acclaimed Nigerian guider of Mavrodi Mondial Moneybox, Ponzi Scheme (MMM,) Mr. Chuddy Ugorji, has allegedly fled the country along with his wife, Amaka Ugorji. There are unconfirmed report said the MMM number one guider has absconded and relocated to the Philippines.

Drama as MMM Participant Threatens to Use African Juju Against Operators if His Money is not Refunded

A Nigerian man has threatened MMM operators and administrators to attack them spiritually if his money is not refunded.

MMM Now Considers 40 Percent Interest as Participants Reduce, Demand Withdrawals..

New information about what the owners of the controversial Mavrodi Mondial Movement, MMM, may be thinking of doing soon, has emerged.

It has been revealed that the owners of the Mavrodi Mondial Movement, MMM, may be considering a new strategy soon to keep people in the scheme. This is coming nearly a week after the scheme's return and the seeming less enthusiasm by Nigerians as against what obtained few months ago. It will be recalled that that MMM reopened operations on January 13, after one month freezing on accounts that generated anxiety among participants. According to a Daily Post report on Tuesday, MMM is considering jerking up the interest rate to 40 per cent from the current 30 per cent rate.

Apostle Suleiman sacks Pastor for participating in Ponzi Scheme

Apostle Johnson Suleiman, the owner of Omega Fire Ministries Worldwide, has fired one of its Pastors, Joseph Aiyedun, for using the ministry’s name to participate in popular money doubling scheme, Mavrodi Mondial Movement, MMM. This was disclosed in a statement by the church’s Head of Administration, Pastor David Apelorioye. The statement reads… "The management of Omega Fire Ministries Worldwide is using this medium to react to a news making the rounds on the social media regarding one of his pastors who used the ministry’s name to register for the MMM scheme.

We Still Can't Access Our Money - Stranded Investors Cry Out Bitterly as MMM Returns

Some participants of MMM, the most popular Ponzi scheme in Nigeria have finally gotten a reason to rejoice upon the return of the suspended scheme, while some are crying out that they are yet to access their funds.

MMM Subscribers in Nigeria setup a meeting with National Assembly

The MMM community in Abuja, which is coordinating the planned meeting, said it hopes to submit a proposal for the amendment of the Banking and Other Financial Institutions Acts (BOFIA) to legalise the operations of the scheme and similar money initiatives in the country. A member of the steering committee of the MMM community, Chief Mike Chukwuma, who told New Telegraph, that MMM has helped immensely in easing the pains of recession.

MMM: Anxiety Among Participants as January 13 Draws Close

Several days after the popular ponzi scheme, MMM, froze the accounts of its participants, Nigerians are still hoping the scheme bounces back. It be recalled that Mavrodi Mondial Moneybox, the Ponzi scheme popularly known as MMM, sent its participants into panic last month when it announced that all accounts used by Nigerians had been frozen. Precisely on Tuesday December 13 2016, one day after the Eid-el-Maulud holiday, Nigerians woke up to the news which many MMM enthusiasts, who fondly call themselves Mavrodians, received with mixed feelings. MMM had sent out the unexpected circular to all Nigerian users explaining why accounts will remain frozen for a period of 30 days. The circular urged participants to be calm and unperturbed, saying the development was to help prevent any problems in transactions, among other reasons, during the New Year season.

Good News For All MMM Participants! Yipppe!!!!!

The Mole Moba Motungbapada Ministry cordially invites the general public most especially all MMM subscribers to a 7 Day powerful vigil. It is time to get your money back...

How I Lost N750,000 to MMM Crash - Man Who Drank Insecticide Finally Opens Up

A man who almost got himself killed after MMM Nigeria in which he had invested heavily, suspended its members' accounts, has spoken out about what really happened.

MMM China was Frozen the Way it Happened in Nigeria Before it Collapsed

Nigerians who invested in MMM Nigeria might be in for a shock as it has been revealed that the same pattern the scheme crashed in China was what the administrator adopted in Nigeria. Many people have been warned especially Nigerians to be wary of the ponzi scheme called Mavrodi Mundial Movement (MMM) after the same scheme crashed in China which forced many investors to lose cash worth millions in the country. Investigation carried out by Tori News revealed that a report by Chinese site Caixin narrated how the scheme crashed in the country and how many of the investors lost their money. Several investors while revealing details of their loss, told Caixin that the website closed in December, freezing their accounts without warning.

Panic Grips Many as MMM Launches Its Operations in Kenya and Ghana

 

Just barely some days after suspending accounts for one month in Nigeria, MMM has launched its operations in Ghana and Kenya. The creation of the Mavrodi Mondial Moneybox in Kenya and Ghana, approximately 48 hours after its activities in Nigeria was suspended for a month, has caused increased panic among Nigerian MMM participants. The wife of Chuddy Ugorji, a leading MMM Nigeria promoter, Chiamaka Ugorji, attempted to calm nerves by writing an open letter to participants, but this failed to reassure Nigerians that their investments were safe. Some individuals, on Monday in Abuja, shared their thoughts on the issue.

Top MMM Memes that will Make You Laugh and Roll on the Floor (Photos)

This is actually the worst time to be an MMM subscriber as social media users have constantly being compounding the woes of members with hilarity and mockery. The controversial Mavrodi Mundial Moneybox has suffered defamatory acts on social media with netizens drawing so much fun from the agony of subscribers whose fate hang in the balance till the 13th of January, 2017 when the restriction on accounts could be lifted. Below are some top memes used to mock the Ponzi Scheme which recently clocked one year in Nigeria with out 3 million subscribers:

Will MMM Return in January? Read Fresh Insightful Analysis on its Future

 

A social media user named Cram Jones has analysed the future of the popular Ponzi scheme in Nigeria with cogent predictions made. Read the insightful piece about the highly controversial wonder bank, Mavrodi Mundial Moneybox below: As always, I would comment on contemporary issues that affect the Nigerian populace. All for love of Nigeria. Even though I believe that Nigeria as it stands is close to a failed state, we can all do more through visionary leadership to emancipate our country from the cesspit that has gutted it.

MMM No.1 Guider, Chuddy Ugorji Finally Releases Statement to Members Over Frozen Accounts

MMM Nigeria's number 1 guider, Chuddy Ugorji, has finally addressed the lingering issue of frozen accounts, three days after the website made the news known.

Our Father-in-the-Lord is MMM-dependent

Some men of God have been indicted as yet another alternative way people are exploited even as the controversial ponzi scheme, MMM continues to generate controversy.

See the Shocking Estimated Amount of Money Reportedly Lost by Nigerians to MMM

 

As thousands of Nigerian participants and investors continue to groan and moan over the reported ‘crash’ of the popular ponzi scheme, otherwise known as MMM, investigations has revealed that one Chuddy Anayo Ugorji, popularly referred to as “The MMM-Nigeria number one Guider,” may have allegedly raked over N5billion within a year from the wonder bank.

Wife of MMM Nigeria Guider, Chiamaka Ugorji writes Participants

 

Chiamaka Chuddy Ugorji , wife of Chuddy Ugorji, the man who allegedly brought MMM to Nigeria and has a lot of participants under him, has written to participants of MMM. MMM Nigeria froze its users’ accounts yesterday and she has reached out to participants in an open letter. She wrote… Fellow die hard participants

MMM Marketers Invade One of Nigeria's Biggest Church, RCCG (Photo)

A social media user based in the Federal Capital Territory, Abuja shared a picture of a marketer of the Mavrodi Mondial Movement currently called MMM at one of the largest religious ministries - Redeemed Christian Church of God, RCCG, educating members of making financial investments.