Chuddy Ugorji Archives

Three million Nigerians lost N18bn to MMM

The Nigerian Deposit Insurance Corporation (NDIC) on Wednesday said an estimated three million Nigerians invested N18 billion in the Mavrodi Mondial Movement (MMM) ponzi scheme. Speaking at the ongoing 38th

MMM lifts restrictions on 2017 participants, leaves 3 million investors stranded

MMM Nigeria has announced the lifting of all limits on Mavros (participants) acquired in 2017, while those of 2016 remain under restriction. As of December when the ponzi scheme placed

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Hope fades for 3 million investors as initiator of MMM Nigeria ‘flees’ with wife

Chuddy Ugorji, the initiator of the Nigerian faction of the Mavrodi Mondial Moneybox (MMM) ponzi scheme, has fled the country with his wife, Amaka. The MMM number one guider has

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