Why Nairaland Must Completely Ban MMM, It's A Scam Ponzi Scheme - Investment - Nairaland
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| Why Nairaland Must Completely Ban MMM, It's A Scam Ponzi Scheme by SKYTREND(m): 11:40am On Nov 01, 2016 |
The Central Bank of Nigeria (CBN) has warned against patronizing what it called ‘wonder banks’, stating that their activities were not regulated by it. The Head, Consumer Protection Department, CBN, Hajiya Kadija Kassim, stated this on Monday. The apex bank’s warning is coming at a time when the huge unemployment situation in the country is making a lot of people to take interest in an online investment scheme tagged: ‘MMM Federal Republic of Nigeria (nigeria.)’. The platform has embarked on an aggressive online media campaign to lure the investing public to participate in what it called “mutual aid financial network,” with a monthly investment return of 30 per cent. Kassim described the scheme as fraudulent since it was not supported by any business model. DETAILS: http://skytrendnews.com/2016/11/01/stop-patronizing-wonder-banks-mmm-scheme-apex-bank-warns-nigerians/
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| Re: Why Nairaland Must Completely Ban MMM, It's A Scam Ponzi Scheme by Pierocash(m): 12:12pm On Nov 01, 2016 |
Rubbish!Even Seun and Lala sef dey enjoy d 30%. Every month.OP u are on ur own oo. |
| Re: Why Nairaland Must Completely Ban MMM, It's A Scam Ponzi Scheme by jonath0012(m): 1:24pm On Nov 01, 2016 |
What is the CBN problem self. We love it that way. What Nigeria government cannot do, MMM does it Long live MMM! |
| Re: Why Nairaland Must Completely Ban MMM, It's A Scam Ponzi Scheme by dollarathe(m): 3:01pm On Nov 01, 2016 |
dont know why this mmm issues dey pepper some peoples body...i dont think they even understand and know d meaning of ponzi scheme. the same kind of life there grand father lived sweet them.....which one is ban ? |
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