Ah!!!!! And we advised them ooooo but[b] IT'S THEIR MONEY[/b]

myners007:
As long there is life there is hope

Blcos u don lost 2 million naira via mmm tins.... Na u don remember life and Hope..

well; dere is hope 4 u to recovery your lost money.



lolzzzzzz

For all those who advised against mmm and such it will be better to educate your friends and family members who will LISTEN to you.
Truth is that you can't win with so called mavrodians.
What is obvious is that out of pride, ego, ignorance and outright refusal to "see" the truth though it is staring them in the face many have preached the mmm "gospel" more than the mmm starters themselves.
When such schemes claims a lot more victims than victors then where is the advantage.
Israel had the highest number of start-ups last year because they engage their minds. And considering their size n population that's some achievement but in naija our potential creative minds were all doing mmm.
We can change our country and we can make this nation great but only if we engage our minds.
I came across a sad statistic that apart from America and israel the most religious nations are the least advanced simply because we fail to utilize the power we possess in our thoughts.
So instead of claiming"I stand with mmm" (mmm is not standing with you) or "mmm till I die" (mmm is probably dead already) use you God-given abilities to innovate and create wonderful ideas that will move you n our dear country forward.
#Westandtogether
#Renewourminds

The Media is not helping matters either. But how can you believe this kind of story?

Leopantro:
a friend told me of a guy that created a HYIP site that ran for just 3 days involving bitcoin. hr made over 90 million naira before it crashed and he is in the process of creating another one.
Maga will always pay.

Are you serious??

oteneaaron:


Are you serious??

you simply buy a script, adapt it to your site, register to the HYIP business, choose your category, modify the site and you are good to go
Google 4dayprofit for an example. it started this year, not owned by a Nigerian but the guy is counting millions in bitcoin. the HYIP site is a smart ponzi that's why it keeps catching suckers every minute.

Greedy ppl,u took Junior staff salary to do MMM, weren't u ask to use spare money?

Nigeria..a country full of educated illiterates.

In this day and age, people fell for a ponzi/pyramid scheme.

Unfortunately, the scam is still ongoing in different forms like swissgold and the likes and Nigerians never learn. desperados..

e.g...check the post below. He is looking forward to scam those that just got scammed.

Bitcoins only
Minimum Provide Help amount is 30 USD
Maximum Provide Help amount is 3000 USD per day
3% verification link comes immediately
Remaining 97% link will come NEXT DAY
Mavro starts to grow after your 3% verification link confirmed.
Mavro growing only for 15 days.
On day 16th you can withdraw your Mavro (150%, where 100% is your capital amount and 50% is your profit).
But before Getting Help you must recommit the same amount or bigger. After you transfer 100% of the recommitment amount - you will be able to GH from previous deposit. Recommitment rule was created to keep the system flowing with money. It states that before you Get Help from your growth wallet, you must recommit by doing a PH of the same amount of your last PH. So, money not only flow out the system, but also ALWAYS flow in.
Auto confirmation of all PH/GH by bitcoin network (no need to wait for someone to confirm or get fake screenshots)
10% Referral bonus on each Provide Help and Recommitment from people directly under you (only if you personally Provided Help)
Minimum Get Help amount is $10
Maximum Get Help amount is $3000 per day

Them for copy this format or something close to this...

Mmm participants.am not sry for u because you are greedy.thats what drag u into the big mess.

Mmm....Karma on 9ja,,,,,,its no news that nigeria is know for many things along side online fraud, ghis is jst a white man paying us wit our coin....now we can have 1st hand experience of how they feel when dey are swindled..the painfull part is that they dont even have office to burn down or were to stage a protest, all u can do is stare at ur screen...i knw this talk go paiñ these mmmiers.

Make me nor lie I risk this MMM small too for about two months due to pressure from all my friends and I run the package weekly with 500k, making it weekly I receive payment of 150k. But as a sharp guy I knew by December Jungle go matured and Bananas will be given to monkeys instead of their money so first week of December I removed all my money sharply and didn't wait for it to grow up to 30%. Na Undiluted Greed they worry many MMM participants

Yes i love the spirit mmm is here to stay (on our phones, and memories) but una monies is thiers to spend. But who are they protesting to? Govt? But they say govt should leave then alone now

Abeg o all the places it crashed na only nigeria do protest abeg make una no dey disgrace us o. No be only nigeria they this world

[quote author=braining01 post=53045759][/quote]

You named yourself something you are highly deficient of. Little wonder you can't even quote properly

mechanics:
Nawa o, 6million gone

I know someone who invested 8m

Khutie:
definitely waiting for FP...
modified
Finally e don hit FP >:
Seun I just don't know wah this yhur Nairaland is turning into... There is no longer useful information on FP...too bad bruh, ofcos yhu re making yhur money off each click buh I doubt the message yhu re sending to old members of this great forum.
I've xaid it

I don't know nothing abuh this MMM stuff buh from the lil info I've gathered from participants, I strongly believe for dah scheme to geh strongly back to its feet...una greedy guiders need to PH at least 100k each, khoz I believe they had made more dan dah...
Then yhu guys wey be participants should pull yaselves outta negative influences eg: Nairaland mods and its creator. May God help una shaaa... una no do anybody wrong investing in wah una believe in

Why are you lying to yourself? How many Fp threads do you go through in a day?

I stand with MMM Nigeria

Great article below written by "Abimbola Adelakun of the Punch Newspapers"


BEFORE MMM, NIGERIANS WERE ALREADY GREEDY AND VULNERABLE

Over and over again, we have been admonished not to make fun of poor folks who were dupes of the now faltering Ponzi scheme, MMM. We have been enjoined to be emphatic, to spare those who have their money trapped in the scheme our sharpened tongues and the smug I-told-you-sos. We have been rightly reminded that Nigeria is currently experiencing recession pangs; the times are so hard it feels like the Sani Abacha years. Nigeria is in a poor shape, people are desperate and therefore vulnerable and in such a situation, they say, it is only fair to pity fellow Nigerians who invested their lifeblood in the MMM.

There is an element of truth in these but they are not entirely correct. The recession definitely has to do with the almost hysteric manner people have embraced Ponzi schemes but does not fully explain why there are at least eight of them going on in Nigeria right now and they all have patrons who passionately proselytize for each. Around 2007/08, people also fell victim to Wonder Banks and lost tons of money. What is primarily responsible for people’s involvement in pyramid schemes is greed, simple. Greed is a universal human failing; societies evolved laws to regulate greed and prevent us from having each other for lunch on the same day.

One cannot, however, talk about the popularity of Ponzi schemes without also acknowledging how our society’s belief system has encouraged magical thinking about money and the ways it can be multiplied. From urban legends recycled in Nollywood that promote ideas about money rituals, to politicians who flaunt wealth before the public even when there is scant evidence of their productivity, to the prosperity gospel regularly preached in churches, people are so vulnerable that they can be played for suckers.

I once attended a church service with a friend a while ago where the pastor asked us to “sow seeds into the kingdom” and he would prophesy that God would make us “billionaires”. We were at least 5,000 people in the church, how was it possible for all of us to be billionaires? The United States has the highest population of billionaires in the world and they have only 540 of them. How can God raise so many billionaires from a single church and in a country where we do not even produce pencils? Yet, all around me people enthused shouts of “Amen! I receive it!”

Our culture has promoted a mentality that individuals can make huge sums of money irrespective of the political and economic conditions of their country. People have been made to believe that they can extricate themselves from the destiny of their country because, well, their case is different. This sort of weightless individualism being promoted does not find a support structure in our society’s organizing philosophy and therefore opens people up to dubious schemes.

When people have been taught that money can come as a miracle, do not be surprised when they believe virtually anything that turns them to pliable tools in the hands of swindlers.

Online, people see a picture of dollars, luxury cars, or some other markers of prosperity on a parody account of a popular preacher. To the image is appended a prayer that those “blessings” can be theirs and their eyes water at the possibility. Then, they are instructed thus, “If you believe, type Amen” and thousands proceed to do so; poor dupes who are sincerely convinced that there is some magic to merely typing “Amen” to a prayer that offers them what they never worked for.

Our value system has plunged to the point there is an acute disconnect between dignity of labor, hard work, honesty, ethics, and what we now call success; no surprise that young people fall for Ponzi schemes. My friend, a professor in a university, told me how astounded he was to find that his students were also involved in the MMM. They in fact, tried to recruit him. Our joint observation was that the MMM and other Ponzi schemes would do to the educated class what “Okada” did to the culture of apprenticeship in Nigeria – it provided a means of earning quick bucks for poor and struggling youths at the expense of building skill set. Young people who thought spending two or three years learning a trade was tedious and paid less were seduced into the futureless career of riding motorcycles for a living.

Today, Nigeria’s building contractors have had to travel as far as Benin Republic to find capable artisan workers. In some years’ time, classrooms in our tertiary institutions would have abdicated their hallow and noble responsibility to nurture the nation’s intellectual class and turned to recruiting centers for Ponzi schemes. Why not? You have lawmakers and Pentecostal pastors who use the social media to unabashedly flaunt their sports cars which they drive on cratered Nigerian roads without being hit by a sense of irony. Their audience take note and conclude that certain kinds of superlative possibilities exist; they only need to find their share.

Yes, I understand the vulnerability of unlettered people who fall into the hands of fraudsters who, for instance, ask for their ATM PINs. What I do not understand is how people who can use the Internet to educate themselves can believe that a scheme that turns over at the rate of 30 per cent monthly is legitimate. On the MMM website, you are asked to type an amount into “Happiness calculator” which links to a webpage where you see a chart of your money as it multiplies. If you type in N5,000, “Happiness calculator” shows it can go up as much as N100,000 plus in 12 months. If you are the greedy type, you will add a couple of more zeroes to your N5,000 and begin to salivate when “Happiness calculator” multiplies it beyond your expectation. If you are the Obierika character in Chinua Achebe’s Things Fall Apart, the kind of person who thinks about things, you would question that kind of an unregulated enterprise that promises so much in such a short time.

In truth, we can blame the state of our country and the very constricted chances people have to access routes of prosperity they are aware exist elsewhere. For instance, Pentecostal Christians call themselves “kingdom investors” and when they put their money in dubious projects like the MMM too, they carry over the same register of enterprise and declare themselves “investors.” Their choice of vocabulary suggests a longing to put their money in savings portfolios and build their financial future like is done in stable economies. But when there is a lack in the society, churches and other Ponzi schemes rise and fill the gap. They give people chances to be called “investors” and those poor folks expend all manner of irrational arguments to legitimize those schemes.

One of the many things I found ironical about the MMM is the Marxist bent of their “ideology” pasted on their website. They argue that many people will work but will never amount to anything because the financial system of the world itself runs like a Ponzi scheme. On this note, they have a point but their truth is so overstretched it snaps like a rubber band. Modern banking systems, for instance, may run like a pyramid scheme but they are regulated, they do not offer outlandish profits, and they make legitimate business investments. They are not perfect but they are far more transparent than the MMM. For all the MMM’s raves and rants against the enslaving financial systems of this world and their destruction of people at the bottom to sustain the wealth of those at the top, it does not urge them to overthrow their oppressors. Instead, it merely offers them schemes that encourage them to join the party.

Who are they protesting to?

When you're being warned, you were boldly shouting back, "is it your money".

Now the chicken has come home to roost.

am not sure if the so called guiders would be present there protesting

In flavour's words "O buru na agwagi gi, i ma nghota." The ponzi scheme is winding up.

mmark12:
Great article below written by "Abimbola Adelakun of the Punch Newspapers"


BEFORE MMM, NIGERIANS WERE ALREADY GREEDY AND VULNERABLE

Over and over again, we have been admonished not to make fun of poor folks who were dupes of the now faltering Ponzi scheme, MMM. We have been enjoined to be emphatic, to spare those who have their money trapped in the scheme our sharpened tongues and the smug I-told-you-sos. We have been rightly reminded that Nigeria is currently experiencing recession pangs; the times are so hard it feels like the Sani Abacha years. Nigeria is in a poor shape, people are desperate and therefore vulnerable and in such a situation, they say, it is only fair to pity fellow Nigerians who invested their lifeblood in the MMM.

There is an element of truth in these but they are not entirely correct. The recession definitely has to do with the almost hysteric manner people have embraced Ponzi schemes but does not fully explain why there are at least eight of them going on in Nigeria right now and they all have patrons who passionately proselytize for each. Around 2007/08, people also fell victim to Wonder Banks and lost tons of money. What is primarily responsible for people’s involvement in pyramid schemes is greed, simple. Greed is a universal human failing; societies evolved laws to regulate greed and prevent us from having each other for lunch on the same day.

One cannot, however, talk about the popularity of Ponzi schemes without also acknowledging how our society’s belief system has encouraged magical thinking about money and the ways it can be multiplied. From urban legends recycled in Nollywood that promote ideas about money rituals, to politicians who flaunt wealth before the public even when there is scant evidence of their productivity, to the prosperity gospel regularly preached in churches, people are so vulnerable that they can be played for suckers.

I once attended a church service with a friend a while ago where the pastor asked us to “sow seeds into the kingdom” and he would prophesy that God would make us “billionaires”. We were at least 5,000 people in the church, how was it possible for all of us to be billionaires? The United States has the highest population of billionaires in the world and they have only 540 of them. How can God raise so many billionaires from a single church and in a country where we do not even produce pencils? Yet, all around me people enthused shouts of “Amen! I receive it!”

Our culture has promoted a mentality that individuals can make huge sums of money irrespective of the political and economic conditions of their country. People have been made to believe that they can extricate themselves from the destiny of their country because, well, their case is different. This sort of weightless individualism being promoted does not find a support structure in our society’s organizing philosophy and therefore opens people up to dubious schemes.

When people have been taught that money can come as a miracle, do not be surprised when they believe virtually anything that turns them to pliable tools in the hands of swindlers.

Online, people see a picture of dollars, luxury cars, or some other markers of prosperity on a parody account of a popular preacher. To the image is appended a prayer that those “blessings” can be theirs and their eyes water at the possibility. Then, they are instructed thus, “If you believe, type Amen” and thousands proceed to do so; poor dupes who are sincerely convinced that there is some magic to merely typing “Amen” to a prayer that offers them what they never worked for.

Our value system has plunged to the point there is an acute disconnect between dignity of labor, hard work, honesty, ethics, and what we now call success; no surprise that young people fall for Ponzi schemes. My friend, a professor in a university, told me how astounded he was to find that his students were also involved in the MMM. They in fact, tried to recruit him. Our joint observation was that the MMM and other Ponzi schemes would do to the educated class what “Okada” did to the culture of apprenticeship in Nigeria – it provided a means of earning quick bucks for poor and struggling youths at the expense of building skill set. Young people who thought spending two or three years learning a trade was tedious and paid less were seduced into the futureless career of riding motorcycles for a living.

Today, Nigeria’s building contractors have had to travel as far as Benin Republic to find capable artisan workers. In some years’ time, classrooms in our tertiary institutions would have abdicated their hallow and noble responsibility to nurture the nation’s intellectual class and turned to recruiting centers for Ponzi schemes. Why not? You have lawmakers and Pentecostal pastors who use the social media to unabashedly flaunt their sports cars which they drive on cratered Nigerian roads without being hit by a sense of irony. Their audience take note and conclude that certain kinds of superlative possibilities exist; they only need to find their share.

Yes, I understand the vulnerability of unlettered people who fall into the hands of fraudsters who, for instance, ask for their ATM PINs. What I do not understand is how people who can use the Internet to educate themselves can believe that a scheme that turns over at the rate of 30 per cent monthly is legitimate. On the MMM website, you are asked to type an amount into “Happiness calculator” which links to a webpage where you see a chart of your money as it multiplies. If you type in N5,000, “Happiness calculator” shows it can go up as much as N100,000 plus in 12 months. If you are the greedy type, you will add a couple of more zeroes to your N5,000 and begin to salivate when “Happiness calculator” multiplies it beyond your expectation. If you are the Obierika character in Chinua Achebe’s Things Fall Apart, the kind of person who thinks about things, you would question that kind of an unregulated enterprise that promises so much in such a short time.

In truth, we can blame the state of our country and the very constricted chances people have to access routes of prosperity they are aware exist elsewhere. For instance, Pentecostal Christians call themselves “kingdom investors” and when they put their money in dubious projects like the MMM too, they carry over the same register of enterprise and declare themselves “investors.” Their choice of vocabulary suggests a longing to put their money in savings portfolios and build their financial future like is done in stable economies. But when there is a lack in the society, churches and other Ponzi schemes rise and fill the gap. They give people chances to be called “investors” and those poor folks expend all manner of irrational arguments to legitimize those schemes.

One of the many things I found ironical about the MMM is the Marxist bent of their “ideology” pasted on their website. They argue that many people will work but will never amount to anything because the financial system of the world itself runs like a Ponzi scheme. On this note, they have a point but their truth is so overstretched it snaps like a rubber band. Modern banking systems, for instance, may run like a pyramid scheme but they are regulated, they do not offer outlandish profits, and they make legitimate business investments. They are not perfect but they are far more transparent than the MMM. For all the MMM’s raves and rants against the enslaving financial systems of this world and their destruction of people at the bottom to sustain the wealth of those at the top, it does not urge them to overthrow their oppressors. Instead, it merely offers them schemes that encourage them to join the party.

beautiful piece.... Every bit true

Let me just tell the participants of this mmm that the so called mmm has been crashed: reason is that no one will like to invest any longer

Laple0541:




I beg, wetin be HYIP?

High Yield Investment Programs...


Another form of ponzi scam...

deolu2000:

na lie....

I don't think you know what HYIP is...

GuiderJames:







GO to seun of nairaland and cry

Blame Nairaland they are responsible for your loss or delayed payment

MMM came with intensions to start well but nairaland and all the paid media who have been paid to ruin MMM should be blamed


By Now You guys should locate seun and all this forum Moderators to cry and yell at their Heads

Nairaland and other media care less of if you loss or how you feel as long as they get paid to by some people to ruin MMM you are Not their business



So please locate seun and nairaland and yell at them....

see reasoning!!

omolorlarh:

thank you for doing that but we need to see a proof biko

I didnt say I have provided help.I said I ve been matched to provide help.would you do that if it were you?

neoapocalypse:



I know someone who invested 8m

wow, dats serious n people are saying there is recession.

JoshMedia:
Where you pick am?

na for this site na

you know i have lost hope about this thing but i got paired today although a negligible fraction of what I want but its something and if I get it I would ph something too to be fair. Nobody is owing us but us.