Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,166,320 members, 7,864,531 topics. Date: Tuesday, 18 June 2024 at 07:58 PM

MMM Is Fraud! CBN Warns - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / MMM Is Fraud! CBN Warns (544 Views)

It Is A Criminal Act To Deface Naira – CBN Warns Nigerians / ‘Anyone Caught Abusing The Naira Will Face Jail Terms’ – CBN Warns Nigerians / 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" (2) (3) (4)

(1) (Reply)

MMM Is Fraud! CBN Warns by Voy(m): 10:59am On Nov 02, 2016
The Central Bank of Nigeria has warned Nigerians to desist from investing in the MMM scheme. The apex bank warned that the scheme which promises 30% return on investment is not regulated and bound to crash soon.


Speaking during a mentoring program for students of Government Secondary School, CBN Head of consumer protection Sueja Kassim warned the students against investing in MMM which he described a wonder bank.

This warning is coming days after the Minister of Solid Minerals and Steel Development, Dr. Kayode Fayemi, dissociated himself from the MMM, saying he has nothing to do with it or any other online financial aid community, projects or contracts.

Source: http://royaltimes.net/mmm-fraud-cbn-warns-nigerians/

Re: MMM Is Fraud! CBN Warns by bikerboy1(m): 11:05am On Nov 02, 2016
Old news. undecided
Re: MMM Is Fraud! CBN Warns by Voy(m): 7:30pm On Nov 02, 2016
bikerboy1:
Old news. undecided
oh really

(1) (Reply)

Nairalanders!!! Secrets Your Bank Wont Tell You / This Is The Only Way MMM Can Move Forward. / Stanbic IBTC Staff Sent To Prison For Stealing N.5m

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.