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Tag "MMM"

After freezing the accounts of 3m Nigerians, MMM ‘moves’ to Kenya

    After freezing the accounts of 3m Nigerians, MMM ‘moves’ to Kenya

Less than 48 hours after placing a month ban on the accounts of 3 million Nigerians, Mavrodi Mondial Moneybox (MMM) has announced its presence in Kenya. The Ponzi scheme promised

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Your neighbour wants to commit suicide over MMM? Dial 112

    Your neighbour wants to commit suicide over MMM? Dial 112

The Lagos State Emergency Management (LASEMA) has urged residents of the state to dial 112 if they run into anyone trying to commit suicide over the one-month ban on withdrawals

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We warned Nigerians against MMM, says EFCC

    We warned Nigerians against MMM, says EFCC

The Economic and Financial Crimes Commission (EFCC) says it warned Nigerians against investing in Mavrodi Mondial Moneybox (MMM). On Tuesday, many woke to the news that the Ponzi scheme had

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Panic as MMM freezes members’ accounts for one month

    Panic as MMM freezes members’ accounts for one month

One month after members of the house of representatives warned Nigerians off the Mavrodi Mondial Moneybox (MMM), the scheme has frozen withdrawals, causing panic among “Mavros” members. Members of the

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MMM founder writes Buhari, says ‘you know nothing about our system’

  MMM founder writes Buhari, says ‘you know nothing about our system’

Sergey Mavrodi, founder of MMM, has written an open letter to the Nigerian government to justify the importance of the

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