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5 Types Of People That May Die If MMM Crashes - Investment - Nairaland

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5 Types Of People That May Die If MMM Crashes by Crystal70200: 1:59pm On Dec 13, 2016
MMM seems like one acronym many Nigerians will not forget in a hurry. The Ponzi scheme has taken Nigeria by storm with many sinking huge sums into it despite clear indications that it might crash.

Here are 5 classes of Nigerians that may develop heart attack if MMM crashes:

1. Nigerians who resigned their jobs

While it is quite strange, there have been stories of Nigerians who left their jobs because MMM started paying well. These set of people feel that MMM is a more easy way to make money and so they have quit their jobs.

If the scheme crashes today, this set of people will be left with no means of income and no job.

2. Nigerians who invested their savings

The news that MMM is paying has led many to invest their entire life savings in the hopes that they will get huge returns based on the percentages. What happens when the scheme collapses? Losing their entire life savings is something that will lead to huge problems for many Nigerians.

3. Those who sold their property

In the hopes of huge returns, many Nigerians have sold their properties and put the money gotten into the MMM scheme. Lands, homes and other investments have gone into the scheme. What will happen to such people when it crashes?

4. Those who got married with MMM money and no jobs

There have been stories of young men who upon getting their first MMM payment, decided it was time to settle down and get married. What happens when the MMM money dries up?? They will find it difficult to cope, if they do not have an extra means of income.

5. Bankers

While this might sound strange, there have been stories like this: "Some bankers who usually invest as much as N10m out of customers’ savings just to get a profit of N3m in return. We recently heard the story of a bank manager who committed suicide due to debt."

To round up, this quote is fitting to represent the situation of Nigeria as regards MMM.

"It is easier to find a virgin in Nigeria than to find a non MMM participant." - Arinze Esomnofu

Source: www.naij.com

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Re: 5 Types Of People That May Die If MMM Crashes by tunjidare2(m): 2:06pm On Dec 13, 2016
There is no need for them comiting suicide, this is not an unforeseen circumstance... They are all well aware not to invest huge sums but money you can easily lose not and feel no hurt...
Re: 5 Types Of People That May Die If MMM Crashes by Nobody: 2:08pm On Dec 13, 2016
angry1 and 3 though

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