Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,899 members, 7,817,661 topics. Date: Saturday, 04 May 2024 at 04:39 PM

Before You Mock MMM Participant Please Read This - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / Before You Mock MMM Participant Please Read This (785 Views)

MMM Participant Accused Of Duping Fellow Member He Was Matched With (Photo) / "MMM Participant Slumps, Dies In Bank" - New Telegraph / Shock As MMM Participant Commits Suicide In Enugu (2) (3) (4)

(1) (Reply) (Go Down)

Before You Mock MMM Participant Please Read This by stmayor(m): 8:12pm On Dec 19, 2016
Before you mock anybody for investing in MMM, think about this.
I invested all my Savings from NYSC in Savanah Bank, The Bank Packed up and left me with Nothing. I bought 10,000 shares in Transcorp when Obasanjo and "Madam Stock Exchange" initially sold the fraud to Nigerians but up till today, no shares were allocated to me and my money was not refunded. I remember my then employer deducting money from my wages and paying into government owned Housing Fund and also into the National Pension Fund, the 2 bodies were dissolved and my money dissolved with it. My Father and millions of Nigerians also paid into the same funds for more than 30 years and nothing came out of it.
Some state governments are owing their workers up to 1 year wages, the federal government and some parastatals are not different.
My father-in-law gave his life to NTA as a photojournalist travelling all over the country to cover events. Many years after his death, his widow is still waiting for NTA to pay his entitlements.
Remember how government came up with idea of community banks and encouraged Nigerians to patronise them, remember Allied Bank, Lobi Bank, Abacus Bank, City Express Bank, Assurance Bank of Nigeria, Hallmark Bank Plc, Ivory Merchant Bank, Lead Merchant Bank, Metropolitan Bank, All States Trust Bank, Coop and Commerce Bank, Commerce Bank, Credite Bank, Pinnacle Commercial Bank, Kapital Merchant Bank, Ivory Merchant Bank, Prime Merchant Bank, Republic Bank, Eagle Bank Plc, Liberty Bank, Progress Bank, North South Bank, Pan African Bank; remember pensioners who had their money in Societe Generale, dont forget the traders whose lives were destroyed by Gulf Bank, and many more too numerous to mention. Should we blame these people for keeping their hard earned money in NDIC insured banks ? Dont ask me about NDIC please.
On a different scale, remember how many hours you spent at the polling booth to vote for Buhari, remember how we all campaigned vigorously to remove Jonathan and how many people you encouraged to vote for PMB. What has come out of it for us all ?
How about the money you worked hard for and contributed when your Churches /Mosques wanted to establish those private universities and now your children are excluded from the qualitative education they offer because you can not afford the tuition fees ? What do you think about the money you pay to NEPA or whatever it is called now every month regardless of whether they supply you electricity or not ?
How are these different from MMM.
I agree that some people are into MMM because of greed but most of those who invested in MMM did so because they have been duped by some government backed schemes in the past. There is poverty in the land and people are looking for ways to survive. They knew the risk they were getting into and were all willing to take the risk. Afterall, living in Nigeria at all at this moment is a risk and working for the government is also a risk slightly lower than investing in MMM.
The truth is every Nigerian living in Nigeria is into one form of MMM or the other and I do not see any sense in mocking anybody for taking a risk, as long as it is with their own money. Afterall, Nigeria itself is a Ponzi scheme. God bless Nigeria.

1 Like

Re: Before You Mock MMM Participant Please Read This by stmayor(m): 8:13pm On Dec 19, 2016
Let's encourage one another cause we are all one
Re: Before You Mock MMM Participant Please Read This by Byko899(m): 8:34pm On Dec 19, 2016
I agree with all you have said, but you can only console someone who invested 50k below with this kind of words not someone who has invested 200k,500k and 1M, believe it or not many people will loose their job because of MMM, some will use office money,hoping to cover up before they will be called to do end of the year account, people promoting this MMM are the sold called super guider s and they are solely doing it out of greed and not because they want you to make profit , I stand firm in all honesty to say that MMM has crashed ,it will re open but with different set of rule that will be so clear that it has crashed (eg u must bring 5 people that will PH minimum of 50 k before you can GH ur old fund or u must PH 50% of ur money before you can GH) MMM crashed because it was a fraud that people did not see,the money super guders and the number one guders scoop out of the system is enough to make it crash ,the funny thing is that they must not PH before they can GH this money,what a fraud , Mavro is the number one guder and gets percentage from all MMM participants ,now imagine how much he takes out of the system. sometimes I wonder how they manage to make some gullible Nigerians trust them so much ,even legalise banks manages manipulate the system to scoop some money, and since the Nigerian number guider and the super guider gives out their account number for money to paid in other for them to claim their bonus and percentages,how sure are we that they are not taking out more than their due percentage. am lamenting because MMM was doing well before it crashed ,even some people that was doubting was letter convinced ,so why going on pause mode,people should think outside the box thanks
Re: Before You Mock MMM Participant Please Read This by Amebo123: 8:38pm On Dec 19, 2016
OP well presented and true. Kudos
Re: Before You Mock MMM Participant Please Read This by BrutalJab: 9:04pm On Dec 19, 2016
The truth.

cc Seun Lalasticlala
Re: Before You Mock MMM Participant Please Read This by Nobody: 9:32pm On Dec 19, 2016
stmayor:
Before you mock anybody for investing in MMM, think about this.
I invested all my Savings from NYSC in Savanah Bank, The Bank Packed up and left me with Nothing. I bought 10,000 shares in Transcorp when Obasanjo and "Madam Stock Exchange" initially sold the fraud to Nigerians but up till today, no shares were allocated to me and my money was not refunded. I remember my then employer deducting money from my wages and paying into government owned Housing Fund and also into the National Pension Fund, the 2 bodies were dissolved and my money dissolved with it. My Father and millions of Nigerians also paid into the same funds for more than 30 years and nothing came out of it.
Some state governments are owing their workers up to 1 year wages, the federal government and some parastatals are not different.
My father-in-law gave his life to NTA as a photojournalist travelling all over the country to cover events. Many years after his death, his widow is still waiting for NTA to pay his entitlements.
Remember how government came up with idea of community banks and encouraged Nigerians to patronise them, remember Allied Bank, Lobi Bank, Abacus Bank, City Express Bank, Assurance Bank of Nigeria, Hallmark Bank Plc, Ivory Merchant Bank, Lead Merchant Bank, Metropolitan Bank, All States Trust Bank, Coop and Commerce Bank, Commerce Bank, Credite Bank, Pinnacle Commercial Bank, Kapital Merchant Bank, Ivory Merchant Bank, Prime Merchant Bank, Republic Bank, Eagle Bank Plc, Liberty Bank, Progress Bank, North South Bank, Pan African Bank; remember pensioners who had their money in Societe Generale, dont forget the traders whose lives were destroyed by Gulf Bank, and many more too numerous to mention. Should we blame these people for keeping their hard earned money in NDIC insured banks ? Dont ask me about NDIC please.
On a different scale, remember how many hours you spent at the polling booth to vote for Buhari, remember how we all campaigned vigorously to remove Jonathan and how many people you encouraged to vote for PMB. What has come out of it for us all ?
How about the money you worked hard for and contributed when your Churches /Mosques wanted to establish those private universities and now your children are excluded from the qualitative education they offer because you can not afford the tuition fees ? What do you think about the money you pay to NEPA or whatever it is called now every month regardless of whether they supply you electricity or not ?
How are these different from MMM.
I agree that some people are into MMM because of greed but most of those who invested in MMM did so because they have been duped by some government backed schemes in the past. There is poverty in the land and people are looking for ways to survive. They knew the risk they were getting into and were all willing to take the risk. Afterall, living in Nigeria at all at this moment is a risk and working for the government is also a risk slightly lower than investing in MMM.
The truth is every Nigerian living in Nigeria is into one form of MMM or the other and I do not see any sense in mocking anybody for taking a risk, as long as it is with their own money. Afterall, Nigeria itself is a Ponzi scheme. God bless Nigeria.


i
Re: Before You Mock MMM Participant Please Read This by switch47(m): 9:57pm On Dec 19, 2016
[b]SAY NO TO PANIC IN MMM NIGERIA [/b]That is the simple truth , MMM is you and I , participants pay each other , MMM does not pay us ..... the current break was as a result of the Holiday mood of Nigerians not Providing help and deciding to Cash out for Christmas, once we ignore the haters and decides to Provide help as we usually do ..... MMM will go back to the way it was before the Christmas period ... this is pure logic ...... great mavrodians Once we PH (provide help ) others will GH (Get Help ) and then when others PH we shall also GH to the shame of all the fake news bearers , fellow mavrodians , i was moved when the majority of the members of my MMM Group on facebook (about 40 ,000 members all agree to PH ) i knew MMM shall bounce back stronger than it was before ...... I know that MMM did not crash that is why we stand with MMM Nigeria ...... lets Provide Help as we know how to do Spare cash ........ no matter how small ...... i was surprised today when the guiders form was released about thousands of mavrodians went for it ...... MMM is alive , MMM remains great . Lets PH and see the magic of PH ...... you and I is MMM ...... we pay each other !! we are MMM . I stand with MMM Nigeria
Re: Before You Mock MMM Participant Please Read This by stmayor(m): 11:19pm On Dec 19, 2016
this dude above me is absolutely right

(1) (Reply)

Opportunities And Investments / Setting Up A Gas Plant / Notorious Nigeria Scammer - Naija Ripper Exposed

(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. 51
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.