Posts tagged #Mmm

MMM announces final total shut down after Mavrodiâ€™s death

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... [Read more....]

MMM Founder â€˜Sergy Mavrodiâ€™ dies of Heart Attack

MMM founder and Russian businessman Sergei Mavrodi, whose whose popular ponzi scheme deprived millions of Russians of their savings in the 1990s, has died of a heart attack, according to Russia... [Read more....]

Must Read!! MMM Returns With New Strategy (Full Story)

Mavrodi Mundial Moneybox (MMM), which collapsed months ago, has made a return.A letter displayed on the pages of participants of the scheme, urges them to invite new members. Members must invite new... [Read more....]

3Million Nigerians Lose N3Bn To MMM

The Nigerian Deposit Insurance Corporation, NDIC, has said about three million Nigerians lost N18 billion in the Ponzi scheme, popularly called Mavrodi Mundial Movement, MMM. The Managing Director... [Read more....]

I Will Kill Mavrodi Spiritually - Aggrieved MMM Participant Threatens

An aggrieved MMM participant has opened an open support ticket sending a threatening message to the founder of the ponzi scheme Sergey Mavrodi. The participant which it is obvious he is yet to have... [Read more....]

MMM Nigeria Unfreezes Participants' Accounts - See GH Guidelines

13.01.2017 We are now open!!! :-)) Dear members, The holidays are over, and we''re now open. Just as promised. (You might have already noticed that we always stick to our promises. :-)) Actually, we... [Read more....]

MMM Runs To Kenya After Duping Nigerians - Promises 40% Per Month

After conquering South Africa, Zimbabwe and Nigeria, MMM has taken its message to Kenya, {promising} 40% return on investment. The scheme, which calls itself a Global financial social network but is... [Read more....]

MMM: Man Drinks Insecticide Over Alleged Crash Of Scheme In Otukpo

A soon-to-wed man simply identified as Adakole is currently between life and death after allegedly taking insecticide following the alleged crash of Ponzi scheme, Mavrodi Mondial Moneybox, famously... [Read more....]

'Frozen' was exactly how MMM South Africa Crashed (See Proof)

It is no longer news that Movrodi Mondial Moneybox (MMM) Nigeria, the ponzi scheme which the government has been warning Nigerians against has 'frozen' payouts until January. The reason for this... [Read more....]

Benue Man Beats Housewife To Coma For Investing Family Savings In MMM

A housewife, identified as Mrs. Ogenyi, has been beaten to stupor by her angry husband for allegedly investing the familyâ€™s saving in Mavrodi Mondial Moneybox, otherwise known as MMM. DAILY... [Read more....]

National Assembly Orders Arrest Of MMM Promoters

The House of Representatives has ordered all law enforcement agencies to start arresting those promoting the MMM Ponzi scheme. The lower house of legislature on Wednesday, November 9 agreed that the... [Read more....]