There has been widespread speculations that the so called Ponzi Scheme which is a contributory scheme would run into some serious problems where partakers will loose their money.

As an active participant, I have been able to note the major problems and ways to avert them in order to make the scheme more stable amidst negative media propaganda.

1. Registration into the the scheme should be more rigorous. while employing people for different duties by MMM, people should be employed for due diligence on the registrants. Identity cards, like International Passports and Drivers License, proof of residence, etc should be required for registration. There should be a way to verify some of the identities. Referrers should also guarantee the registrants in a way that there should be proof that the referrers know the people they are referring. The cases of multiple accounts where the registrants loose some of the accounts and in seconds due to non payment and jumble another account to continue will be curtailed.

2. There should a stake like an amount that should be deposited. This amount will gain some amount of mavro no matter how small. This money can only be collected when the participant wants to close his account, in which case he can only come back by starting the rigors of registration afresh. By this, it will be difficult for anyone to mess around with the scheme in the form of fake teller, not confirming funds after payment and other irregularities cos the deposited money will be at risk when the account is slammed shot.

babeface3:
There has been widespread speculations that the so called Ponzi Scheme which is a contributory scheme would run into some serious problems where partakers will loose their money.

As an active participant, I have been able to note the major problems and ways to avert them in order to make the scheme more stable amidst negative media propaganda.

1. Registration into the the scheme should be more rigorous. while employing people for different duties by MMM, people should be employed for due diligence on the registrants. Identity cards, like International Passports and Drivers License, proof of residence, etc should be required for registration. There should be a way to verify some of the identities. Referrers should also guarantee the registrants in a way that there should be proof that the referrers know the people they are referring. The cases of multiple accounts where the registrants loose some of the accounts and in seconds due to non payment and jumble another account to continue will be curtailed.

2. There should a stake like an amount that should be deposited. This amount will gain some amount of mavro no matter how small. This money can only be collected when the participant wants to close his account, in which case he can only come back by starting the rigors of registration afresh. By this, it will be difficult for anyone to mess around with the scheme in the form of fake teller, not confirming funds after payment and other irregularities cos the deposited money will be at risk when the account is slammed shot.

there's no way you can make it stable my friend! Nigerians, spurred on by their greed, are eager to wreck the entire system! just wait and see, soon the malpractices Nigerians are itching to engage in + the weight of the 30% interest + stupendous referral bonuses will be too much for the system to carry. It will collapse!