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 move, especially coming at this festive season
when everyone would want to cash-out, remains unseen. But according to
the administrators, "...they need to prevent any problems during the new year season." as seen below.
Well, following up this claim, we came across a tweets by Africa
& Middle East Public Policy and Security expert, Mr Aye Dee (tw:
@MrAyeDee) confirming that "frozen" was exactly what
led to the permanent demise of the South African version of the ponzi
scheme which has penetrated many countries around the world after it
was shut down in its home country - Russia.
Freezing payouts at this time of the year is a huge blow to its
participants but we do hope, the administrators of MMM Nigeria keep to
their words of unfreezing payouts in January as the sufferings of the
masses is bound to increase if they have to loose money by this means.
'Frozen' was exactly how MMM South Africa Crashed (See Proof)
Reviewed by Naijademand
on
02:16
Rating: 5