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Nairaland Forum / Nairaland / General / Business / Benefits Of MMM (1060 Views)
The Evils Of MMM / MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian / Facts And Figures Of MMM Nigeria: The Endpoint (2) (3) (4)
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Benefits Of MMM by Nobody: 11:23am On Jan 15, 2017 |
MMM takes from plenty and gives to less.How? when you provide help,you are lending out money you don't need immediately to someone-say, a cobbler,a baker,a barber etc.He uses that money to produce new shoes, buy new materials to increase production and makes more sales.Then he in return takes profit and provides help to some other person who will use the money for some other thing.What MMM does is to facilitate the flow of money in the system which some people have been hoarding before its arrival. 1 Like |
Re: Benefits Of MMM by GMBuhari: 1:09pm On Jan 15, 2017 |
MMM collects your money, give it to other people, pays you 30% from another third party's deposit Eventually people will realize it's scam, stop paying and inflow of funds is cut off which eventually kills your deposit and game over |
Re: Benefits Of MMM by Nobody: 1:14pm On Jan 15, 2017 |
what do you think your banks and insurance companies are doing?isnt it same with MMM? You have to wait for them to tell you its legal before joining right? |
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