Gasout:
I have warned my friends who have tried to persuade into MMM and I bluntly say 'NO!'

MMM is a fraud. What kind of blind investment gives U 30percent of Ur savings monthly?...Even banks who have better investment networks can never dare such huge percentage...

Let him that have hear; let him hear. They say if a word is enough for the wise, then a thousand words should be enough for the foolish...

easyfem:
Diz idiot just wake up and start written rusbbish ... Y u pple are so negative ... Something that is changing life of pple and u are praying it's should end up

christiengeorge:
I never trusted this whole thing,my friend comes to my house everyday to preach about MMM,surprisingly he was abLe to convince my broda and his galfriend and the girl had to register with 100 k.I warned dem dey didn't heed, me am waiting for day of reckoning

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

jtjohn:
I think what this writer is trying to say there should be some iota of truth in it, but yesterday I got tempted after a friend of mine got his own 30 percent and registration bonus I was amazed.......The Question here is, how do they Get there money.

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

eph12:

And how do you know if it's the phone number of an agent?

olatop:
I'm perplex cuz I'm @bt to reg....

Chyjoval:
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 numbers of the people getting help is greater than the people 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.

olatop:
I'm perplex cuz I'm @bt to reg....

olatop:
I'm perplex cuz I'm @bt to reg....

ziego:




I think say u get points

Clueless


Something that has been programmed with no central account

How will the agents emerge?
I wonder why this made front page

frinx:
It's like gambling. Two rules applies;

1. Quit while you're ahead
2. Never enter with what you can't afford to lose.

@Op nice.

ziego:




I think say u get points

Clueless


Something that has been programmed with no central account

How will the agents emerge?
I wonder why this made front page

dannywhyte:

after registering,instead of looking for referrals to increase your earnings, you are talking what I don't know.
If anybody is doubting the authenticity of MMM around you, kindly show the person the above picture.

That's MMM presentation going on in KEYSTONE BANK NIGERIA.

Ranchhoddas:
Foreharmed

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

ngoben:
Hmmmmmm....everyfin na risk,breathing na risk,putting ur money in d bank to save na risk(d bank fit fold up anytym wif ur moni),importation na risk,,,ur gooods fit sink...soo leave mmm alone...if it closes...d pple in d connunity will no dat dey tried taking a risk n it failed...of course dey will rise again...dan nt taking d risk @all...tks

majekdom2:
it has no central account but the individuals have got account.... I mean the owners. Have you ever heard of The word "CON MEN". How do the owners make money? I mean the aim of every business is to maximise profits. This is not a case of borrowing where there is an interest on what is borrowed.

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

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