Tags » Ponzi

Ingenious Day Trader Scam

This is a crime where you have to think for a bit to figure out who the “victim” is…

A day trading firm who also ran a “virtual trading” platform where folks could practice trade on a market that mirrored the real thing, must have gone through the following thought process: 391 more words



This is a newly Launched MMM community(November, 2016) within the people in the West African Countries. 148 more words


Whilst MMM Nigeria Introduces Bitcoin Ghana’s Central Bank Vows To Deal With Ponzi Scheme

MMM Nigeria says it has introduced Bitcoin – which is said to be the world’s best performing currency in 2016 – as part of its mode of payment in its comeback plans. 423 more words


Nigerian University students who put their school fees in MMM cry out after it crashed

Many Nigerians are lamenting the unexpected freezing of all accounts and impendent collapse of popular ponzi scheme, MMM.

Since the annoucement of the freezing of all mavros, those who risked their life savings or borrowed money in other to gain a 30% interest now have themselves to blame.Others who are anguishing are students who staked their school fees with the hopes of getting back 30% interest after 30 days. 826 more words


True Confession: Why I Opted Out.

The economy of Nigeria my country is in recession as I write this story. Everyone including the government is having a feel of the economic recession: people are loosing their jobs; price of goods and services are on the increase; many are going hungry; companies are cutting costs while others are closing down; and the US dollars is waxing stronger than the naira. 2,725 more words


On the MMM Website Freeze (or the Rumoured Proposed Crash)

It’s been the saviour of our already cracking Nigeria. I must admit, it has been the best thing that have ever happened to most nigerians in a long time. 369 more words


MMM:Call 112 before you commit suicide ooo

Ewooooo! ​Following the outbreak of the ‘frozen’ accounts and alleged crash of the Mavrodi Mondial Moneybox, otherwise known as ‘MMM’, the Lagos State Emergency Management Agency, LASEMA, has cautioned that suicide rate ‘may’rise in the state.Ahhh, all akara savings. 178 more words