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MMM Ready To Restart On January 14 - Nairaland / General - Nairaland

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MMM Ready To Restart On January 14 by Primebazeweb: 8:03pm On Jan 05, 2017
http://primebaze.gq


In spite of the cloud of doubts surrounding
its operations in Nigeria, the promoters of
Mavrodi Moneybox Mundial (MMM), a Ponzi
scheme that promises 30% interest on seed
funds say the scheme would resume on
January 14 as promised.

“Everyone expecting to see a stronger and
more sustainable community from 14th
January,” MMM Nigeria tweeted on
Wednesday.

The scheme in a message sent to all
subscribers in December 2016 said it was
freezing withdrawal of confirmed Mavros
(funds) for one month, noting that the
measure was put in place because “the
System is experiencing heavy workload.”
While critics believed the scheme was gone
for good, participants and promoters said
their belief in the system was unwavering.
New rules for participants are expected to
come into effect on January 14 to ensure its
sustainability, the promoters explained.

“New model will address the issues of fake
proof of payment and non-confirmation of
order by recipients,” said MMM Nigeria.
“On the issue of fighting multiple accounts,
the use of BVN was suggested which was
unanimously rejected. Head of CRO, Mr
Andrew attested that BVN can only be
verified by Nigerian banks, so there is no way
support can verify BVN.

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