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How The Current MMM Will Likely End - As a Scam - Business (7) - Nairaland

Nairaland Forum / Nairaland / General / Business / How The Current MMM Will Likely End - As a Scam (75434 Views)

Reason Why MMM Will Never Be Back / 10 Reasons Why Mmm Will Never Crash Facts! / Zimbabwean MMM Promoters Calls Out On Rumour Mongers, Say MMM Will Never Crash (2) (3) (4)

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Re: How The Current MMM Will Likely End - As a Scam by bora1(m): 9:03am On Sep 02, 2016
That's why you are advised to participate with your *spare* money. Risk your spare money. If it works for you fine.
Re: How The Current MMM Will Likely End - As a Scam by Cmeo(m): 9:04am On Sep 02, 2016
Some people will not hear word no matter what.

Nigeria govt or any country govt where MMM is operated can just wake up today and cease the MMM website and that will be the end of MMM for life.

If you doubt me, where is Liberty Reserves today?
Where are the deposits money today?

1 Like

Re: How The Current MMM Will Likely End - As a Scam by chuks34(m): 9:07am On Sep 02, 2016
Snow5:
My brother... I Don talk.. Blow trumpet... Use mega phone talk... Them say I be lai Muhammed.... SMH SERIOUSLY..

God!!! How would u not work... And u think u will earn such huge amount without any consequences at the tail end?


Hooo my God!!


God abeg open their eyes ooo
Grow up man. it's called online business from the comfort of your home.

my aunty don build house, buy big motor with MMM money. (Aim Global to be precise)
Re: How The Current MMM Will Likely End - As a Scam by chuks34(m): 9:11am On Sep 02, 2016
OP is full of sh!+ don't say what u don't know anything about. MMM has been changing peoples lives even if it doesn't work for some ppl to others it has changed their lives.
am speaking from experience.
Re: How The Current MMM Will Likely End - As a Scam by toideve(m): 9:11am On Sep 02, 2016
MMM is scam I know
MMM will fail, I know
Government will call for MMM's head, we in the community know all this and we will keep MMM running.
I am still getting paid and will continue to get paid. You' all are waiting for a system that is over four years old to fail because of cheap blackmailing by the banks through the media. Why should I leave my money in the bank when instead of generating interest I am getting debit alerts. I received debit alert of 292 from GTBank yesterday and what was that for? The smart and the wise ones are enriching themselves with MMM while the foolish ones think they must work heaven and earth before making end means. We in the community are not moved at all we are still getting paid.

MMM has over 10 safety nets which will never make it crash. And you Never notice But I will mention 10 out of them.

1, Pause mode

2, 14 days defrost

3, Extension of the getting help hours

4, Seeking help from neighboring country

5, No central account attached

7,  Peer to peer  system

8,  Guider's efforts

9   PH match hours extension

10, Website upgrades and security


1, Pause mode

This process is applied when the number of the people getting help is greater than the people providing help. The system will pause the GH transactions and allow more PH to come into the system for the duration of 2 and half months, then the system will now restart.

PH means provide help and the GH means get help


2, 14 days defrost

The participants will not be able to withdraw their money until after 14 days when the payments have been confirmed. During this process, more PH would have come into the system therefore there would be pool of cash to pay the old participants.


3, Extension of GH hours

this occur when there is a public holidays when the banks are not working therefore,  there won't be transaction and it may cause the problem to the system. The system will now extend the hours of the people who are getting help at that period to allow more People providing help into the system.


4, Help seeking from neighboring country

When there are more GH than PH in a country, MMM will look into the other countries which are doing well and match them together, pending the time that the affected country will be OK.


6, No central account attached

MMM  does not have a certain account that we are sending to. MMM doesn't collect your money.


7, Peer to peer system

Participants pay directly to the bank account of the other participants seeking help


8, Guider's efforts

Guiders are the heartbeat of MMM, guiders make sure each and everyone in MMM understand the Ideology of MMM and how it works


9, PH  match hours extension

When the system finds out that there are more GH than PH,  the system will extend the hour of old PH so that to hold down their order matches duration and during this period, the system will allow more new PH to come into the system to get it balanced.


10, Website upgrades and security

MMM spends million of dollars in taking care of their website to cub online fraud in MMM, such as scam and other Threats.

1 Like 1 Share

Re: How The Current MMM Will Likely End - As a Scam by Supplanter(m): 9:11am On Sep 02, 2016
myners007:
MMM is the best paying job in Naija today. If this APC regime cannot provide jobs for the teeming adorable unemployed Nigerians while MMM has given people opportunity to get help financial then tell who is fake/fraud between Nigeria govt and MMM.

I know you'll come here and say thesame thing just like the way you've been saying on other social network including facebook.I'm not surprise because you're an MMM scam network agent.
My word for all of you shouting that MMM is genuine and real, I hope you're rehearsing the cry sound when that time comes. For family and friends of these people,be ready to hear wailing,weeping and gnashing of teeth. For ''YOU'', yes YOU that is contemplating to join,just take one minute, type in ''SERGEI MAVRODI'' in google search engine and read carefully.But if you still decide to continue your quest,I wish you the best. Some Nigerians and the greed to make money is really surprising that common sense just disappear from them.
Re: How The Current MMM Will Likely End - As a Scam by Nobody: 9:12am On Sep 02, 2016
William Shakespeare in his book Julius Caesar said
“There is a tide in the affairs of men
Which, taken at the flood, leads on to fortune;
Omitted, all the voyage of their life
Is bound in shallows and in miseries.
On such a full sea are we now afloat;
And we must take the current when it serves,
Or lose our ventures.”


I dont see those participating in the MMM as gullible and lazy people because they are only taking the current when it serves. If banks, politicians, public servants, churches, real estate agents, car dealers, drivers/conductors, street hawkers can scam someone without leaving you with something to hold back on, then i think MMM is better because if they will close up someday at least u can beat your chest and say you didnt lose 100%.

Personally i am not participating but I have given 100k naira to a friend at no interest and he has used it to raise another 100k naira from this MMM. As i am writing this now he has returned my initial 100k naira while he is also running his MMM with the money he realized.

But come to think of banks scamming its customers, sometime in 2005/2006 or so, i was banking with First Atlantic bank, one day i got convinced by a staff to buy shares and after much considerations, i bought the shares and the certificate was issued to me. Before it was due for dividends to start coming, they merged with Inland bank which made them to re-brand to First Inland Bank as if that wasn't enough, they again re-branded to First City Monument bank and all these processes of re-branding rendered the documents they issued in the name of First Atlantic bank null and void. Now nobody is talking about that shares again.

Is this not scam in a broad day light? Please if you have the time and resources for the MMM go ahead and do it but invest small small while your 30% keeps coming small small.

Mind you good things do not come to those who wait anymore rather to those who go out there to look for it.

2 Likes 1 Share

Re: How The Current MMM Will Likely End - As a Scam by progress69: 9:12am On Sep 02, 2016
MMM are already scamming people now. The mega scam/dooms day still dey front. Many of their parody accounts and agents get help and never provide help cheesy. Its simple logic, computer programming, isolate ur agents to always receive help, and not provide help, then cycle ur victims to the provide/get help platform. At one time of the other, a victim will pay the parody/agent's account. Its common sense! At some point,when they have the target num of potential victims, they strike finally and the website goes into extinct

1 Like

Re: How The Current MMM Will Likely End - As a Scam by dewayne(m): 9:13am On Sep 02, 2016
If they say MMM is a Scam, no qualms but…. Ask them this questions ,

When Nepa over bills/gives estimated bills…it is not a scam.

When DSTV still charges you for not using ur subscription due to no NEPA light….it is not a scam

When filling stations adjust pump and sell at 160 per liter in disguise…it is not a scam

When bank deduct several money/charges from your account for nothing…it is not a scam

When politicians loot national treasury without probe while our infrastructures gets dilapidated, no jobs for the youth, no money to pay workers salaries….. This too no be scam stall

What about the fake Immigrations recruitment that claimed lots of innocent lives….that one sef no be scam Abi?

Police recruitments that requires only N10,000 men yet they charged 1,000 for form that over 100,000 youths bought….. More like scam to me.

tempest01:
I saw the current MMM advertised by a friend sometime back and I quickly waved it off as a scam as with the HYIP and other ponzi schemes.

https://www.nairaland.com/3321916/sec-warns-nigerians-dangers-mmm

Given this topic that was on the front page today, I saw some comments by people and it was noted that ''There is no pool of money with the current MMM and therefore they can't run away''.

Given the nature of their business, with no investments and the fact that they have put in resources in place to allow for this trade to happen, it is pertinent that one day or another, they will close down, and they won't go through that stress without duping people of their money. Seeing the topic today, I had to register and checkout how the model works , and also brainstorm on the eventual way the MMM operators will dupe those that are in the system.

I am giving a scenario here and though it may not play out the same way, there should be no denying the fact that one day - which i wll term as ''the day of reckoning''. the MMM site will shut operations and will try to make as much as possible from your funds before that.



Now here is the scenario. As there is no pool as someone rightly said, I registered and saw the mode of operation. It is worthy of note that the same MMM site runs in several countries:-

Nigeria
South Africa
India
Colombia
Turkey


So from my postulation, the fold-up will happen in a month - The month of reckoning-- across all MMM sites on that month because anything short of that will send panic to other countries and they won't maximize.

The scenario i see playing out is that the handlers will have bank accounts or agents in all countries of operations and in the month of reckoning, as there is no pool of money, all the ''get help'' requests will be paused - Not paused perse, but no ''get help'' request will go through and will be pending as they won't publish it.

Now the ''Provide help'' will be allowed to work, but the account shown will be that of the handlers of the site (or their agents) and people will keep providing help, but it goes to the scam account. Now this will go on for a month as you have to wait for a month to use your Mavro. The first people that will notice the scam will be the ''Get help'' People as they will keep waiting, but no help will come. Then ''Provide help'' people will come to know after a while and they MMM people will release a statement saying the ''business model experiment failed and they are shutting down''

Be wise Nigerians....

Alternative views and constructive arguments are welcome




1 Like 1 Share

Re: How The Current MMM Will Likely End - As a Scam by Yujin(m): 9:14am On Sep 02, 2016
lol. MMM is a game of risk takers. Sone will win while sone will lose. It is well stated in their website. I won't expose much here but all the risk takers that have commented so far have got good testimonies but definitely, at the end some will lose. Its Sergey's way of influencing the world.
Re: How The Current MMM Will Likely End - As a Scam by dewayne(m): 9:14am On Sep 02, 2016
people like you die in poverty lol... i sorry for you am sure in future your generations will curse you for this.... How much were you paid?

progress69:
MMM are already scamming people now. The mega scam/dooms day still dey front. Many of their parody accounts and agents get help and never provide help cheesy. Its simple logic, computer programming, isolate ur agents to always receive help, and not provide help, then cycle ur victims to the provide/get help platform. At one time of the other, a victim will pay the parody/agent's account. Its common sense! At some point,when they have the target num of potential victims, they strike finally and the website goes into extinct
Re: How The Current MMM Will Likely End - As a Scam by 2el(m): 9:17am On Sep 02, 2016
Snow5:
My brother... I Don talk.. Blow trumpet... Use mega phone talk... Them say I be lai Muhammed.... SMH SERIOUSLY..

God!!! How would u not work... And u think u will earn such huge amount without any consequences at the tail end?


Hooo my God!!


God abeg open their eyes ooo

Same here ohh
Re: How The Current MMM Will Likely End - As a Scam by eph12(m): 9:17am On Sep 02, 2016
ziego:


MMM is not a bank, MMM does not collect your money, MMM is not an online business, HYIP, investment or MLM program. MMM is a community where people help each other. MMM gives you a technical platform which helps millions of participants worldwide to connect those who NEED help to those who are ready to PROVIDE help, for FREE. All transferred funds to another participant are your help given by your own good will to another one, absolutely gratis. If you are completely confident and certain in your actions and make your mind to participate
What happens if I help someone with 200k and there is no one to help me with 230k?
Re: How The Current MMM Will Likely End - As a Scam by progress69: 9:19am On Sep 02, 2016
dewayne:
people like you die in poverty lol... i sorry for you am sure in future your generations will curse you for this.... How much were you paid?


Guy..i aired my view. I am not a lazy slow spoke like u. Put my money somewhere without doing anything and expecting 30% increment every month. I hope when they finally strike, it's not when u just borrowed money and ur live savings to put into a scam. So u can get the f**uck out of my mentions. Is that clear U don't even know my worth. I am too much to look for cheap easy money that will burn me. This is for poverty stricken folks like u

1 Like

Re: How The Current MMM Will Likely End - As a Scam by Fourwinds: 9:19am On Sep 02, 2016
tolexy007:
if MMM is a scam but is helping hand not a scam? here is my story, last yr a friend of came to me about helping hand telling me to join the biz with 6600, I now ask him, so what will happen after paying the money? would I be selling things or what? cos I no of GNLD, Organo gold etc, he said am not selling anything only that I will b bringing more plpp to join that dey will b under me and the more plpp comes in the more dollar I get and soon dey will give me laptop, cars etc, I now ask so how do dey make the money to give me those items he mentioned, cos he told me that the dollar that will pay are used to help the less privileged plpp, I now ask him that means I will be robbing peter to Paul for dem? I said am not interested, few months later I saw my friend with brand new laptops, and show me his how much he has made, den he convince me gain to join, I have no choice, I borrowed 6600 I join helping hands, most plpp I try to convince to join me no even answer me most plpp even tell me say dem don join since say dem never see anything, I blamed my self for not join dem in time...... early this yr of one my trusted friend came to me about MMM, he explain it to me said I could join with any amount, I did not even think twice, b4 I joined, I used the little change I made from my daily hustle to do it, it was like a magic, the thing pay, I try it again, it works and still working. but my question is y Calling MMM fraud? and Helping hand is not a fraud, even when both of dem are both risky? don't tell me 6600 naira is not too big to lost, I No Nairaland admin will ban me again,
all what u wrote is rubbish...

this thing has been in Nigeria before and dies and it will continue to come back d moment dat memory of d past fizzle out...I have known dis thing as far as year 2000...it comes with different names...world war 1 is not different from world war 2.
Re: How The Current MMM Will Likely End - As a Scam by dannywhyte(m): 9:19am On Sep 02, 2016
tempest01:


Those are agents trying to get more referrals....they are the ones that will most likely not loose when the chips go down. try and not be among those that send help when it does.
bros, leave th@ talk.
Did you read the 10 safety measures posted above.
No future is absolutely 100% certain. No business, no bank, not even the air you breathe in now.
be wise
maximize the moment,
use opportunity when it presents itself.
Re: How The Current MMM Will Likely End - As a Scam by eph12(m): 9:20am On Sep 02, 2016
dewayne:
If they say MMM is a Scam, no qualms but…. Ask them this questions ,

When Nepa over bills/gives estimated bills…it is not a scam.

When DSTV still charges you for not using ur subscription due to no NEPA light….it is not a scam

When filling stations adjust pump and sell at 160 per liter in disguise…it is not a scam

When bank deduct several money/charges from your account for nothing…it is not a scam

When politicians loot national treasury without probe while our infrastructures gets dilapidated, no jobs for the youth, no money to pay workers salaries….. This too no be scam stall

What about the fake Immigrations recruitment that claimed lots of innocent lives….that one sef no be scam Abi?

Police recruitments that requires only N10,000 men yet they charged 1,000 for form that over 100,000 youths bought….. More like scam to me.

Calm down oga! Who said all these are not scams?

1 Like

Re: How The Current MMM Will Likely End - As a Scam by richard16(m): 9:21am On Sep 02, 2016
flexydote:


That is why phone numbers are displayed for you to call before you make any payment.
bro hw do u tink yahoo guys or scammers fraud people?? De number dey gave u is der member... Wu is in de same rum wit dem...passing de fone around...beta be wise go ask yahoo guys der modus operandi u wil be shocked

1 Like

Re: How The Current MMM Will Likely End - As a Scam by Snow5(m): 9:21am On Sep 02, 2016
chuks34:
Grow up man. it's called online business from the comfort of your home.

my aunty don build house, buy big motor with MMM money. (Aim Global to be precise)

This is one of their advocate...

May the Lord deliver u all..... Nothing good comes easy...

1 Like

Re: How The Current MMM Will Likely End - As a Scam by Brightgem(f): 9:22am On Sep 02, 2016
aminho:
madam do You think everyone is as hopeless as you are?that 500k i lost is my hazard allowance for 2 months and if you are doubting me i can put you on allowance for the rest of the year
kikikikikkki! Who is hopeless, calm down jor! I no beg u for money na. ur allowance... cnt buy the fresh juice I take everyday. haahahaaaha so funny. why will u go and sink 500k inside, they said use ya spare money. money u wnt hav to come online an b vexing abt.
Re: How The Current MMM Will Likely End - As a Scam by ephi123(f): 9:22am On Sep 02, 2016
claremont:
The problem with Nigeria is that there is so much joblessness among the youths, so they are ready to invest their time and the little money they have into any dodgy ''investment'' that promises huge returns.

I don't know much about this scheme but I can clearly see that this is a Ponzi scheme. Years ago, there used to be similar schemes like "Plan-well", Fund-map" that used the same dodgy tactics, a lot of people lost their house rents and school fees to these scams.

There are a lot of jobless educated illiterates in Nigeria who cannot see a scam even when it's staring them in the face.
Re: How The Current MMM Will Likely End - As a Scam by Elxandre(m): 9:23am On Sep 02, 2016
ziego:



Ignorance makes people think negative at all time

If u understand the ideology of banks

U will appreciate MMM

Ask me more

Whatsapp 08039521412
Bro, no single scheme as this has stood the test of time.
They all crash!

You might not know, but the founder of MMM is an exconvict with many years in jail on account of MMM making away with people's money in Russia, China etc.

Though, taking calculated risks is not bad, but many people will at this moment, have invested all their life savings in this scheme.

1 Like

Re: How The Current MMM Will Likely End - As a Scam by Sammyblaq(m): 9:23am On Sep 02, 2016
toideve:
MMM is scam I know
MMM will fail, I know
Government will call for MMM's head, we in the community know all this and we will keep MMM running.
I am still getting paid and will continue to get paid. You' all are waiting for a system that is over four years old to fail because of cheap blackmailing by the banks through the media. Why should I leave my money in the bank when instead of generating interest I am getting debit alerts. I received debit alert of 292 from GTBank yesterday and what was that for? The smart and the wise ones are enriching themselves with MMM while the foolish ones think they must work heaven and earth before making end means. We in the community are not moved at all we are still getting paid.

MMM has over 10 safety nets which will never make it crash. And you Never notice But I will mention 10 out of them.

1, Pause mode

2, 14 days defrost

3, Extension of the getting help hours

4, Seeking help from neighboring country

5, No central account attached

7,  Peer to peer  system

8,  Guider's efforts

9   PH match hours extension

10, Website upgrades and security


1, Pause mode

This process is applied when the number of the people getting help is greater than the people providing help. The system will pause the GH transactions and allow more PH to come into the system for the duration of 2 and half months, then the system will now restart.

PH means provide help and the GH means get help


2, 14 days defrost

The participants will not be able to withdraw their money until after 14 days when the payments have been confirmed. During this process, more PH would have come into the system therefore there would be pool of cash to pay the old participants.


3, Extension of GH hours

this occur when there is a public holidays when the banks are not working therefore,  there won't be transaction and it may cause the problem to the system. The system will now extend the hours of the people who are getting help at that period to allow more People providing help into the system.


4, Help seeking from neighboring country

When there are more GH than PH in a country, MMM will look into the other countries which are doing well and match them together, pending the time that the affected country will be OK.


6, No central account attached

MMM  does not have a certain account that we are sending to. MMM doesn't collect your money.


7, Peer to peer system

Participants pay directly to the bank account of the other participants seeking help


8, Guider's efforts

Guiders are the heartbeat of MMM, guiders make sure each and everyone in MMM understand the Ideology of MMM and how it works


9, PH  match hours extension

When the system finds out that there are more GH than PH,  the system will extend the hour of old PH so that to hold down their order matches duration and during this period, the system will allow more new PH to come into the system to get it balanced.


10, Website upgrades and security

MMM spends million of dollars in taking care of their website to cub online fraud in MMM, such as scam and other Threats.
A guider located...
FVCK dat No.1 "Pause mode".
30 days fit turn to 2 months and half. Hai!.

Anom Chineke l'aka

1 Like

Re: How The Current MMM Will Likely End - As a Scam by Snow5(m): 9:23am On Sep 02, 2016
IFECONWAGOD:


What I will tell you is that your conception of making money needs some renewal.
MMM IS PROVEN REALITY, so real and effective.
MMM is fairer than any financial system in this world.
We help ourselves, you haters should mind your own business..

You said how can someone do nothing and earn 30%?
If it is by strength, a few persons in this country would have been the richest persons. The Banks receive multiple deposits that is up-to 200% the withdrawals made by the customers at a given period.

So does the MMM community, both old and new members partake in providing mutual financial assistance benevolently. Those that have donated previously are legible to receive donations, and from the excess requests made by other members to provide financial assistance, the 30% is given as a reward of giving to the recipients.
The MMM website is designed to help us circulate our money among ourselves, neither Mr Sergey Mavrodi nor anyone else has access to our money.

All this media attacks will not amountto anything, it can't pull down MMM Nigeria coz we know what we are into.

Even Banks are now interested in the 30% help given in MMM.
So, my brother, money is meant for circulation and the world financial system favours only the few rich people at the detriment of the myraid poor people whose deposits constitute about 70% of the whole cash inflow to the Bank moneybox.
MMM was created so people like minds will have a fair system to circulate their money and get empowered to access financial freedom.
MMM IS MY PROVEN REALITY.
You can call or chat me on whatsapp or telegram 0703600665 to know more about MMM.

God has given me a gift to bless the youths of my generation financially and make them understand that their fate is not in the hands of the economy of Nigeria but of God who orders the paths of His favorites to thread the pleasant places.

My friends are happy and grateful to God for making me introduce MMM to them.

You can still join us today
hahahahahahah


How gold package take start?... Lmao.... Even companies were duped millions...


Kwontinue!!!

1 Like

Re: How The Current MMM Will Likely End - As a Scam by MamaletASO: 9:24am On Sep 02, 2016
Nigerians beware!!!

A word is enough for the wise.. This thing has happened before.

L[b]et me remind you of " WONDER BANK".. [/b]Though some people were lucky but Majority were unlucky.. Be wise!

Dont MMM meme yu..

cheesy

1 Like

Re: How The Current MMM Will Likely End - As a Scam by athorello(m): 9:24am On Sep 02, 2016
progress69:


Guy..i aired my view. I am not a lazy slow spoke like u. Put my money somewhere without doing anything and expecting 30% increment every month. I hope when they finally strike, it's not when u just borrowed money and ur live savings to put into a scam. So u can get the f**uck out of my mentions. Is that clear U don't even know my worth. I am too much to look for cheap easy money that will burn me. This is for poverty stricken folks like u

Money lenders are slowpokes and lazy a$$es. They still get scammed... Some lenders also scam feeble lendees of their hard earned income and properties. And they are all over most cooperate organizations.
MMM is a better community if the philosophy can be sustained.
Re: How The Current MMM Will Likely End - As a Scam by Snow5(m): 9:25am On Sep 02, 2016
ziego:



I see slavery in ur statement

Must u work out ur life before u earn?

That's why employers over use them


Baba... Nor vex say I talk.... Most zipped!!!


But nor come here dey cry foul when e happen... I am an experienced guy man... Wen dey hustle...

Nor vex say I talk abeg... No vex bikonu
Re: How The Current MMM Will Likely End - As a Scam by Jethrolite(m): 9:26am On Sep 02, 2016
tempest01:
I saw the current MMM advertised by a friend sometime back and I quickly waved it off as a scam as with the HYIP and other ponzi schemes.

https://www.nairaland.com/3321916/sec-warns-nigerians-dangers-mmm

Given this topic that was on the front page today, I saw some comments by people and it was noted that ''There is no pool of money with the current MMM and therefore they can't run away''.

Given the nature of their business, with no investments and the fact that they have put in resources in place to allow for this trade to happen, it is pertinent that one day or another, they will close down, and they won't go through that stress without duping people of their money. Seeing the topic today, I had to register and checkout how the model works , and also brainstorm on the eventual way the MMM operators will dupe those that are in the system.

I am giving a scenario here and though it may not play out the same way, there should be no denying the fact that one day - which i wll term as ''the day of reckoning''. the MMM site will shut operations and will try to make as much as possible from your funds before that.



Now here is the scenario. As there is no pool as someone rightly said, I registered and saw the mode of operation. It is worthy of note that the same MMM site runs in several countries:-

Nigeria
South Africa
India
Colombia
Turkey


So from my postulation, the fold-up will happen in a month - The month of reckoning-- across all MMM sites on that month because anything short of that will send panic to other countries and they won't maximize.

The scenario i see playing out is that the handlers will have bank accounts or agents in all countries of operations and in the month of reckoning, as there is no pool of money, all the ''get help'' requests will be paused - Not paused perse, but no ''get help'' request will go through and will be pending as they won't publish it.

Now the ''Provide help'' will be allowed to work, but the account shown will be that of the handlers of the site (or their agents) and people will keep providing help, but it goes to the scam account. Now this will go on for a month as you have to wait for a month to use your Mavro. The first people that will notice the scam will be the ''Get help'' People as they will keep waiting, but no help will come. Then ''Provide help'' people will come to know after a while and they MMM people will release a statement saying the ''business model experiment failed and they are shutting down''

Be wise Nigerians....

Alternative views and constructive arguments are welcome

MMM is fail proof. I also did your risk analysis and was amazed by what I saw. I'll educate you based on the deep understanding of the system you already have. Permit me to blow your mind sir, there will be no day of reckoning because the activities that constitute that day in my own opinion are already happening. Common sense dictates it is better to keep the gold egg laying goose alive than to kill it. What I believe is already happening is the admin through its agents already have the privilege to Get Help whenever they want without having to Provide Help first. And as long as old and new members keep Providing Help, that sink hole will be filled up almost as soon as it is created.

It is also possible for your scenario to happen but I doubt it ever will. The people alone in my small town participating in this program definitely have more than N20m in the system, you be the judge of how much lagosians will have in the system and Easterners too.

We all know what happened to the stock market despite all the regulations and everything and how Nigerian bank CEOs turned depositors funds to their personal allowance.

Life is all about risk.
Re: How The Current MMM Will Likely End - As a Scam by Freelancer2015(m): 9:26am On Sep 02, 2016
I believe that once in a while, these MMM people throw in their individual account in disguise to receive funds and then credits the sender with the funds of others and the chain reaction continues without being noticed. If not, how else do they make their funds, how are staffs paid?

Also, I don't think that they have registered offices, everything is virtual. It's way too risky and when they fold up, billions would be lost.

1 Like

Re: How The Current MMM Will Likely End - As a Scam by ephi123(f): 9:26am On Sep 02, 2016
What do they produce/manufacture/generate to result in a 30% return? It is funny people are not asking vital questions as long as money is coming in. Taking short cuts is the bane of the Nigerian nation.

OP, thank you for this post you have created. When things crash, none of them should come and whine online.

Same way I warned my aunt then about a similar scheme, Nospetco, till today she never got the money back. Well, none of you will say you weren't warned!
Re: How The Current MMM Will Likely End - As a Scam by Snow5(m): 9:27am On Sep 02, 2016
Efewestern:


Thought we trashed this yesterday. bro please ignore them.. Am not saying anything again.. Lazy lots who think money grows like grass without working...



My brother.... These guys are using diabolical powers if there is anything like that... Seriously...

I can't stop laughing!! Shuuuuuuuuuuu
Re: How The Current MMM Will Likely End - As a Scam by Nobody: 9:28am On Sep 02, 2016
ziego:


1. How do facebook make money?
U only log in comment, like, post
Are u paying him?
Have u thought of that?
MMM has a platform in over 118 countries
Of which at least 50k members visit their site daily then tell me how many dollars that will generate?

2. MMM is managed by its participants trained in each country.
I have been trained as guider
I have a team I manage so do other participants to ensure safe, adequate and consistent sincerity in the community.

We are helping ourselves contributively we are not doing business

If u want to help Urself join the community
08039521412

I will guide u
Ok, I have a company's website.... do I get paid by people visiting, of course NO. Different websites, different purposes. Facebook is a social network website where people place ad. An example is Nairaland. Seun makes money from advertisements. Does the MMM website serve the same purpose? If yes, how much is it making that it can pay 30 percent on over 100 million in one month. Please understand I am not discouraging people just giving my own idea of how this may end. Where did the training take place? Online I guess. Keep helping.

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