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NDIC Says An Estimated 3 Million Nigerians Lost N18billion To MMM / Breaking News!!! The Hidden Truth And Solution To MMM Nigeria Crisis. / A Letter To Mmm Friends... (2) (3) (4)
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3 Million Nigerians Lost 18 Billion To MMM - NDIC by trendsng1(m): 4:43pm On Mar 02, 2017 |
The Nigeria Deposit Insurance
Commission NDIC, says over 3
million Nigerians lost their N18
billion to the popular get rich quick
scheme, MMM.
The Corporation through it
Managing Director,Alhaji Umaru
Ibrahim, said despite warning from
necessary quarters, some Nigerians
allowed themselves to be duped
He said, “The Ponzi scheme is the
phenomenon of illegal fund
managers, popularly called ‘Wonder
Banks’ which have continued to
defraud unsuspecting members of
the public of their hard earned
money. This phenomenon has been
a source of concern because despite
our repeated warnings over the
years, some members of the public
have continued to fall victims of their
fraudulent practices.
“We would like to reiterate the fact
that these fund managers are illegal
as they are neither licences by the
CBN to take deposits from members
of the public nor are those who
patronise them covered by the NDIC
deposit insurance scheme.
“I want to also draw the attention of
some cooperative societies which
often go beyond their primary
mandate by accepting contributions
from members as cooperative
societies are only recognised to
mobilise savings from their
members.”
Even after getting this information,
some Nigerians are still into other
ponzi schemes apart from MMM
and some are still hoping MMM
would come back. source: www.trendsng.com/2017/03/3-million-nigerians-lost-18-billion-to.html?m=1 |
Re: 3 Million Nigerians Lost 18 Billion To MMM - NDIC by phenom666(m): 5:41pm On Mar 02, 2017 |
Greed for money
|
(1) (Reply)
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