Still on the MMM madness

* By Chukwuemerie Uduchukwu

It baffles me how gullible some Nigerians are. Only a greedy fool will see a Ponzi Scheme and decide to spend his money there. It's even ridiculous and stupid that many of this MMM followers don't know that Ponzi Scheme means a fraudulent investment operation. It is also amazing that majority of this Ponzi Scheme followers don't know that it's founder/owner Sergei Mavrodi remains a convicted Russian fraudster who in 2007 was found guilty in a Russian court of defrauding 10,000 investors out of 110 million rubles ($4.3 million).

I warned earlier that all these Ponzi schemes like MMM, Ultimate Cycler e. t. c will definitely crash and some gullible bigots shamelessly and ignorantly defended the Ponzi. Now like it's twin brother Ultimate Cycler, MMM has gone on a sabbatical leave and as expected, some gullible Nigerians utilised the situation to circulate false and ridiculous statements to give unnecessary hope to the duped followers of the Ponzi Scheme.

Sadly, an undergraduate called me this night and lamented that he spent all the money meant for his school and accommodation fees on the Ponzi and that he is yet to receive any returns. He also lamented that his rent will expire on 30th December, 2016. Can you see how gullible some Nigerians are? If you are a Parent or Guardian and your child tells you any story about his tuition or accommodation fees that you have already given him or her, kindly ask the person how much of the money were spent on MMM.

Also, the association of gullible fellows (MMM followers) should note that this method employed by the Ponzi Scheme was the same method it employed before it crashed in South Africa, so anyone hoping that the scheme will be back in January must be living in fool's paradise and anyone deceiving his or herself with the circulated information that claimed that MMM South Africa has not crashed deserves some psychological attention. For your information MMM was banned in China, crashed in Russia, South Africa, Zimbabwe and it is safe to say that it has also crashed in Nigeria. Google is your friend and that your smartphone is not for fancy, use it wisely.

My condolence goes to the families of the duped gullible Nigerians especially those who foolishly withdrew all the money in their bank accounts and those stupid students who spent all the money meant for their tuition and accommodation fees on MMM.

A Mango tree cannot produce Pineapple therefore MMM can't be a father Christmas.

A word is enough for the wise!

- Chukwuemerie Uduchukwu

u nothing but an ignorant mofo,u knw nothing.mmm is still functioning in all those countries u mentioned,it is either u knw and chose to dwell in lies,or u didnt knw and chose to display ur stupidity and ignorance without reservation.get ur facts right,i chatted with mmm RSA consultant this morning,same with zimbabwe,i would av done same with china if only i speak chinese.
take ur gullibility to fools like u

"Dear mavrodians, my mission here is to make us properly understand this new message that seems to be causing panic out there in the hearts of all MMM participants. The message does NOT say that nobody will be able to GH until January, instead the message is saying that you will not be able to GH until after 30days that you actually made the payment of your PH and the recipient confirms. Meaning that your money must actually spend minimum of 30days outside. So for example, if you PH 100K on 5th November, and you are matched to pay on 10th November, assuming that you made the payment but the recipient does not confirm your order until 15th November when he finally comfirms receipt of your payment. From that instant (15th November), your mavros will change status to "CONFIRMED" ( irrespective of colour Blue or Green ), so you will only be able to request for help (GH) on that particular 100k + 30% growth as from 15th December. It is not that you can't GH before January. Please spread this to all your downlines"