mmm nigeria

  1. Samguine

    Metro “We Warned You” – MMM Tells Participants As It Shuts Down Operations Worldwide – Naijaloaded

    Participants in the world’s most popular ponzi scheme Mavrodi Mundial Moneybox (MMM), are counting their losses as administrators of the programme have officially shut down operations worldwide following the death of its founder, Sergey Mavrodi. It would be recalled that Mavrodi died on March...
  2. Samguine

    Metro MMM shuts down globally, gives reasons – Daily Post Nigeria

    Ponzi scheme, Mavrodi Mundial Moneybox (MMM), which collapsed over a year ago in some countries, particularly in Nigeria has finally shut down. Mavrodi launched his controversial scheme in 2011 and crashed in Nigeria in December 2016; with millions of Naira belonging to Nigerians still missing...
  3. stato

    World Russians dig into MMM Sergei Mavrodi’s dirty past – Nigeria News | Laila’s Blog

    Sergei Mavrodi may have been dead but his works on earth could not be easily forgotten as he was considered, in Russia, as one of the biggest scammers that ever graced the planet earth. Moscow Times has dug up the News behind the hypes, from the archives, on MMM’s Sergei Mavrodi, the notorious...
  4. Samguine

    Metro Nigerian Investors' Plight As MMM Founder Mavrodi Dies - Punch Newspapers

    Russian businessman, Sergei Mavrodi, whose MMM pyramid scheme deprived millions of Russians of their savings in the 1990s, has died of a heart attack. Reports said the 62-year-old was rushed to a hospital late on March 25, following complaints of chest pain. He died several hours later...
  5. Samguine

    Metro Mavrodi: Checkout 10 Things You Need To Know About The Deceased Founder Of MMM – Tori News

    The founder of the infamous MMM financial pyramid schemes, Sergey Mavrodi, died of a heart attack on Monday, March 26, 2018, at the age of 62. The former deputy of the State Duma died in the Russian capital, Moscow, after he felt weakness and pain in the chest area. Here are a few things you...
  6. Samguine

    World MMM Founder And Russian Businessman, Sergei Mavrodi Is Dead - Radio Free Europe

    Russian businessman Sergei Mavrodi, whose MMM pyramid scheme deprived millions of Russians of their savings in the 1990s, has died of a heart attack, according to Russia media. Reports said the 62-year-old was rushed to the hospital late on March 25 with pain in his chest and died several hours...
  7. curator

    Business Cryptocurrencies are ‘Ponzi schemes,’ Indian finance ministry warns investors – RT

    India’s finance ministry has cautioned investors about the risks of trading in cryptocurrencies such as bitcoin, branding the ‘virtual currencies’ as akin to a Ponzi scheme. The warning comes a day after South Korea, a global hub for bitcoin trading, said it would ban anonymous cryptocurrency...
  8. zacman

    MMM To Launch Its Own Cryptocurrency Before The End Of The Year – Nairametrics

    Controversial lending scheme, MMM will soon join the over 1400 cryptocurrencies in existence if statements by its founder Sergei Mavrov are anything to go by. Information from the coin’s website shows it is scheduled to launch on the 29th of December. The Mavro is also touted as the world’s...
  9. Samguine

    Metro In Lagos: Salesman In Court For Stealing and Losing N3.5m In MMM Scam

    The quest for quick and easy money has landed a 24 year old salesman in court for stealing and staking N3.5 million in MMM, a ponzi scheme. The salesman, John Okonkwo, who allegedly stole his employer’s N3.5 million and invested in the Mavrodi Mondial Movement (MMM) scheme, appeared before an...
  10. Samguine

    Metro MMM Ponzi Scheme Crashes, Operators Announce Restart - The Punch

    Controversial Ponzi scheme MMM has officially announced a “RESTART” of the system, leaving many Nigerian participants wailing with thousands and millions of Naira trapped in the scheme. In a message posted on the home page of participants at the weekend, the scheme said that it had struggled to...
  11. RemmyAlex

    Metro MMM Nigeria Crashes Again, As Many Nigerians Weep

    Ponzi scheme MMM has officially announced a “RESTART” of the system, leaving many Nigerian participants wailing with thousands and millions of Naira trapped in the scheme. In a message posted on the home page of participants Saturday morning, the scheme said that it had struggled to stay afloat...
  12. Lequte

    Metro 5 Good Reasons Not to Participate in MMM Nigeria's New Scheme

    The Mavrodi Mundial Moneybox (MMM), which collapsed months ago, has launched a weekly promotional stunt, aimed at wooing old and unsuspecting new ‘investors’. Read more about that here: MMM Nigeria Returns, Launches Weekly Promo Here are 5 reasons not to participate in the promo: MMM is a...
  13. RemmyAlex

    Business SCAM Alert: MMM Nigeria Returns, Launches Weekly Promo

    The money making scam, Mavrodi Mundial Moneybox, that collapsed months ago, has launched a weekly promotional stunt, obviously aimed at wooing old and unsuspecting new ‘investors’. A letter displayed on the pages of participants of the scheme urges them to invite new members. Members must...
  14. K

    Business MMM Throws Lavish Party on Democracy Day, Sends Important Message To Nigerians

    MMM-Nigeria, a group for mutual financial aid and donations on Monday organised a green party show in the Federal Capital Territory (FCT) to celebrate Nigeria’s Democracy Day. The party, which held at the Millennium Park, was opened to members of the group and non-members alike. Mr Seyi...
  15. K

    Metro Two MMM Agents Remanded in Prison Over Fraud

    Two middle-aged persons, Debora Fojo and Musa Garba on Friday appeared before a Malumfashi Chief Magistrates’ Court in Katsina State for breach of trust and cheating. The two were accused of collecting N429, 000 to invest in an online business called MMM. Fojo and Garba are residents of...
  16. K

    Business MMM Resurfaces, Denies Organising Guiders Conference in Nigeria

    MMM Nigeria has denied organizing an Inaugural National MMM Guiders Conference supposedly meant to hold 14th to 15th April, 2017 in Lagos. ' Below is a statement they released: DISCLAIMER NOTICE Dear Guiders and Participants of MMM NIGERIA community, this notice is to disclaim the latest...
  17. RemmyAlex

    Business Twinkas: New Ponzi Scheme Promises 100% Interest, Nigerians Rush To Invest

    Twinkas, a new ponzi scheme is making wave among many Nigerians despite huge financial loss suffered by some investors who participated in the failed scheme, Mavrodi Mundial Moneybox (MMM) early 2017. Vanguard quoting journalists said a large number of residents of the Federal Capital Territory...
  18. Lequte

    Metro MMM Defrauded Nigerians of N18bn - NDIC MD

    The Managing Director of the Nigerian Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has revealed that about three million Nigerians lost an estimated N18 billion to the failed Ponzi scheme Mavrodi Mundial Movement (MMM). According to Umaru, despited repeated warnings fom the Central Bank...
  19. K

    Business NDIC Reveals How Much Nigerians Lost To MMM

    The Nigerian Deposit Insurance Corporation (NDIC) has said that an estimated three million Nigerians have lost N18 billion in the Ponzi scheme, popularly called Mavrodi Mundial Movement (MMM). Speaking at NDIC day at the ongoing 38th Kaduna International Trade Fair on Thursday, the Managing...
  20. RemmyAlex

    Business 4,000 UNIOSUN Students Face Rustication For 'Investing School Fees In MMM'

    The Management of Osun State university is set to expel over 4,000 students for allegedly investing their school in the ponzi scheme, MMM. The authority said students who fail to meet the deadline and did not want rustication should apply in writing to the authorities to grant leave of absence...
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