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Re: Comparison Of Ponzi In The US And Nigeria by Nobody: 7:53am On Jan 20, 2017
DonCortino:
I really dont knw why u guys want MMM dead!
Mmm is a ponzi scheme, and all ponzi scheme die eventually.

1 Like

Re: Comparison Of Ponzi In The US And Nigeria by Odkosh: 7:55am On Jan 20, 2017
DonCortino:
I really dont knw why u guys want MMM dead!
they want it dead because of jealousy and hatred.
Re: Comparison Of Ponzi In The US And Nigeria by bankylan: 8:01am On Jan 20, 2017
masterP042:
*GOOD MORNING ALL*

​Dear mavrodians, I have watched with keen interest how we have conducted ourselves in this period of upgrade and sustainable programming of the community and I must say am not particularly impressed with some of us. 

Let me inform us, that MMM deserves much more than we are doing or saying and I make bold to say that…… there is no one here who has not gotten back from the system, more than what he or she has put in…. Hence, the need for me to address some concerns… 

1. MMM has never said that they need money from us! Mavrodi has not asked us to PH before we can GH and as such, I won’t want people misinforming others here. 

2. I joined MMM in April last year and we were barely 72,000 participants pan Nigeria and on weekly basis, we had guiders and participants who cashed large sums of money and there was never any issue or issues with money to be paid. 

3. Guiders are managers in the system and not enemies and hence, the need to accept the structure as set up by Mavrodi himself. 

4. The ascension to the post of Guider, is not an exclusive preserve of a few but for all who aspire to be one. Before now, in my time, Guider position was advertised once in 2 months but now, twice in a month or thereabout, making it a lot easier for all who desire it. 

5. Nigeria is not the only country where MMM exists. As a matter of fact, MMM is in 132 countries and they all have what is called – Guider bonuses, so, the Nigerian experience won’t be different. 

6. Just like the managers we have in our various places of work, who do nothing but earn huge salaries at the end of the month, Guiders are not different. The fact that we have some Guiders who don’t even understand the real ideology of MMM, how much more fulfill their roles as leaders in the community, does not mean all Guiders are like that. 

7. Bear in mind, that there’s a Supervisory Council that punishes erring Guiders and would demote any Guider who compromises his role. 
However, having said this much, let me remind us that there are more critical issues confronting us and these issues are KEY to the stability and sustenance of our beloved community. 

1. Upload of fake Proof of Payment! This is perpetrated by us (Nigerians) and not aliens. Now that MMM has come back, we must resolve never to upload fake POP again cos that is enemy number 1 to MMM. 

2. We must desist from creating multiple accounts thereby pledging amounts that we don’t have. MMM says, “Use your spare money!” and spare money is relative. What is spare to one, might be extreme to the other. Use your spare money. 

3. Any information not posted on your Personal Office (PO) or given by your Guider should be disregarded. We must never carry false news especially the ones capable of creating panic and discouragement. 
4. We must be willing to show love to one another. When someone calls and asks for extension of time, please extend time for the person. We must learn to give people benefit of the doubt. 


Fellow Mavrodians, let me assure all of us here that MMM is back and it’s back for good! We will all smile! We are going to have a more trusted and stable system. Let us be calm, positive and happy. We are greeted once again, with a system that works! 

MMM pays people!! Long live MMM!!!

*#Greatmind cares#*

How I wish your parents got wind of your idiocy at childhood.....Now u are a grown up, I don't see a remedy......Never knew fools like u still live...MMM is dead for life...stop encouraging laziness....get to work...u can never be rich with ponzi......Your English is not bad...instead of waiting to GH, Pls GS....i mean Get sense...

3 Likes

Re: Comparison Of Ponzi In The US And Nigeria by DonCortino: 8:04am On Jan 20, 2017
MrTruth4real:

Mmm is a ponzi scheme, and all ponzi scheme die eventually.

Get help worldwide is waxing stronger day by day! I dont understand d beef against mmm!
Re: Comparison Of Ponzi In The US And Nigeria by FearFactor1: 8:08am On Jan 20, 2017
Shit
Re: Comparison Of Ponzi In The US And Nigeria by Nobody: 8:09am On Jan 20, 2017
DonCortino:


Get help worldwide is waxing stronger day by day! I dont understand d beef against mmm!
I don't have a beef with mmm or get help world wide or any ponzi scheme, am just saying the truth, all ponzi scheme die eventually.

2 Likes

Re: Comparison Of Ponzi In The US And Nigeria by Nobody: 8:21am On Jan 20, 2017
sirRiddy:
MMM just paid me tongue Ask Ibrahim Musa Usman if you doubt me:
https://www.youtube.com/watch?v=Nre3S4D0lVM
Ibrahim Musa's video funny die. Warning CBN as if you can do anything to them
Re: Comparison Of Ponzi In The US And Nigeria by Elfaris(m): 8:27am On Jan 20, 2017
danielgod:
*US SEC Enforcement Actions Against Ponzi Schemes*

What Is A Ponzi Scheme?

A Ponzi scheme is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit new investors by promising to invest funds in opportunities claimed to generate high returns with little or no risk. With little or no legitimate earnings, Ponzi schemes require a constant flow of money from new investors to continue. Ponzi schemes inevitably collapse, most often when it becomes difficult to recruit new investors or when a large number of investors ask for their funds to be returned.
Curtailing Ponzi schemes and holding accountable the individuals responsible for these scams is a vital component of the SEC's enforcement program.
Examples of SEC enforcement actions against Ponzi schemes include:

2014
Neal V. Goyal – SEC charged a Chicago-based investment fund manager with operating a Ponzi scheme that used new investor funds to pay redemptions to existing investors and fund his own lavish lifestyle.
Gaeton "Guy" Della Penna – SEC charged a Sarasota, Fla.-based private fund manager with defrauding investors in a Ponzi scheme that ensued after he squandered their money on bad investments and personal expenses.
Joseph Signore and Paul L. Schumack II – SEC charged the operators of a South Florida-based Ponzi scheme targeting investors through YouTube videos and selling them investments in a product called virtual concierge machines (VCMs) that would purportedly generate guaranteed returns of 300 to 500 percent in four years.

*Canopy Financial* - SEC obtained an emergency asset freeze to halt a $75 million Ponzi scheme that defrauded investors in a private placement offering. The U.S. Attorney's Office for the Northern District of Illinois brought parallel criminal actions against Canopy Financial's founders.
Trevor Cook - SEC obtained an emergency asset freeze to halt a Ponzi scheme that raised $190 million from 1,000 investors through the unregistered sale of investments in a purported foreign currency trading venture. A judge later ordered Cook to be jailed for failing to comply with the asset freeze . The U.S. Attorney's Office for the District of Minnesota brought a parallel criminal action against Cook.
Mantria Corporation - SEC obtained an emergency asset freeze against four individuals and two companies for perpetrating a $30 million Ponzi scheme that persuaded more than 300 investors nationwide to participate in purported environmentally-friendly investment opportunities.

When will our government wake up to this menace?
Why can't Nigeria copy the US in dealing with this fraud?
Should we wait until Nigeria/Nigerians are ruined by this unscrupulous business?
Is the government really aware of the consequences of these schemes?

I really wish we could have a saner and organized system in Nigeria

God bless Nigeria

Data from: https://www.sec.gov/spotlight/enf-actions-ponzi.shtml
Sony xperiaZ3 for sale....... #45k.... call this number
08167334072...

Re: Comparison Of Ponzi In The US And Nigeria by DonCortino: 8:34am On Jan 20, 2017
MrTruth4real:

I don't have a beef with mmm or get help world wide or any ponzi scheme, am just saying the truth, all ponzi scheme die eventually.

Mmm is been choked to death by media!
Re: Comparison Of Ponzi In The US And Nigeria by lonelydora: 8:41am On Jan 20, 2017
Anything that is not functional in US is good for nothing. I love that country die....... They don't joke with Ponzi schemes.

1 Like

Re: Comparison Of Ponzi In The US And Nigeria by ndcide(m): 9:08am On Jan 20, 2017
Story..

When people in US are paying their Nigeria counterparts thousands of Mavro USD.

Why I don't like commenting on all these topics on Nairaland is that, the schemes are on full force with people paying and being paid, while nairaland dissipate energy on MMM.

1 Like

Re: Comparison Of Ponzi In The US And Nigeria by tipcea: 9:10am On Jan 20, 2017
Nigeria law enforcement has not being able to curtail concrete or say physical issues like rape, domestic violence, stealing etc...saying this because out of ten possible suspects maybe just one will be actually charged to court and the rest are history curtesy of corruption(police nor want the matter to go court because if matter go court no chop for them), now u are asking them to tackle cybercrime/ponzi scheme when there is no job and the country is in shamble...they are looking for existing ones to join and be the first people to withdraw....


God bless Nigeria sha
Re: Comparison Of Ponzi In The US And Nigeria by maxnedu11(m): 9:15am On Jan 20, 2017
masterP042:
*GOOD MORNING ALL*

​Dear mavrodians, I have watched with keen interest how we have conducted ourselves in this period of upgrade and sustainable programming of the community and I must say am not particularly impressed with some of us. 

Let me inform us, that MMM deserves much more than we are doing or saying and I make bold to say that…… there is no one here who has not gotten back from the system, more than what he or she has put in…. Hence, the need for me to address some concerns… 

1. MMM has never said that they need money from us! Mavrodi has not asked us to PH before we can GH and as such, I won’t want people misinforming others here. 

2. I joined MMM in April last year and we were barely 72,000 participants pan Nigeria and on weekly basis, we had guiders and participants who cashed large sums of money and there was never any issue or issues with money to be paid. 

3. Guiders are managers in the system and not enemies and hence, the need to accept the structure as set up by Mavrodi himself. 

4. The ascension to the post of Guider, is not an exclusive preserve of a few but for all who aspire to be one. Before now, in my time, Guider position was advertised once in 2 months but now, twice in a month or thereabout, making it a lot easier for all who desire it. 

5. Nigeria is not the only country where MMM exists. As a matter of fact, MMM is in 132 countries and they all have what is called – Guider bonuses, so, the Nigerian experience won’t be different. 

6. Just like the managers we have in our various places of work, who do nothing but earn huge salaries at the end of the month, Guiders are not different. The fact that we have some Guiders who don’t even understand the real ideology of MMM, how much more fulfill their roles as leaders in the community, does not mean all Guiders are like that. 

7. Bear in mind, that there’s a Supervisory Council that punishes erring Guiders and would demote any Guider who compromises his role. 
However, having said this much, let me remind us that there are more critical issues confronting us and these issues are KEY to the stability and sustenance of our beloved community. 

1. Upload of fake Proof of Payment! This is perpetrated by us (Nigerians) and not aliens. Now that MMM has come back, we must resolve never to upload fake POP again cos that is enemy number 1 to MMM. 

2. We must desist from creating multiple accounts thereby pledging amounts that we don’t have. MMM says, “Use your spare money!” and spare money is relative. What is spare to one, might be extreme to the other. Use your spare money. 

3. Any information not posted on your Personal Office (PO) or given by your Guider should be disregarded. We must never carry false news especially the ones capable of creating panic and discouragement. 
4. We must be willing to show love to one another. When someone calls and asks for extension of time, please extend time for the person. We must learn to give people benefit of the doubt. 


Fellow Mavrodians, let me assure all of us here that MMM is back and it’s back for good! We will all smile! We are going to have a more trusted and stable system. Let us be calm, positive and happy. We are greeted once again, with a system that works! 

MMM pays people!! Long live MMM!!!

*#Greatmind cares#*
we done hear you .well done sir

Re: Comparison Of Ponzi In The US And Nigeria by darqly(m): 9:20am On Jan 20, 2017
DonCortino:


Mmm is been choked to death by media!

No it's being choked to death by greed and stupidity. Ponzi schemes are unsustainable, no matter who you clowns want to blame as being responsible for it's demise. If you like, find another one to donate your resources to.
Re: Comparison Of Ponzi In The US And Nigeria by oluspicy: 9:22am On Jan 20, 2017
masterP042:
*GOOD MORNING ALL*

​Dear mavrodians, I have watched with keen interest how we have conducted ourselves in this period of upgrade and sustainable programming of the community and I must say am not particularly impressed with some of us. 

Let me inform us, that MMM deserves much more than we are doing or saying and I make bold to say that…… there is no one here who has not gotten back from the system, more than what he or she has put in…. Hence, the need for me to address some concerns… 

1. MMM has never said that they need money from us! Mavrodi has not asked us to PH before we can GH and as such, I won’t want people misinforming others here. 

2. I joined MMM in April last year and we were barely 72,000 participants pan Nigeria and on weekly basis, we had guiders and participants who cashed large sums of money and there was never any issue or issues with money to be paid. 

3. Guiders are managers in the system and not enemies and hence, the need to accept the structure as set up by Mavrodi himself. 

4. The ascension to the post of Guider, is not an exclusive preserve of a few but for all who aspire to be one. Before now, in my time, Guider position was advertised once in 2 months but now, twice in a month or thereabout, making it a lot easier for all who desire it. 

5. Nigeria is not the only country where MMM exists. As a matter of fact, MMM is in 132 countries and they all have what is called – Guider bonuses, so, the Nigerian experience won’t be different. 

6. Just like the managers we have in our various places of work, who do nothing but earn huge salaries at the end of the month, Guiders are not different. The fact that we have some Guiders who don’t even understand the real ideology of MMM, how much more fulfill their roles as leaders in the community, does not mean all Guiders are like that. 

7. Bear in mind, that there’s a Supervisory Council that punishes erring Guiders and would demote any Guider who compromises his role. 
However, having said this much, let me remind us that there are more critical issues confronting us and these issues are KEY to the stability and sustenance of our beloved community. 

1. Upload of fake Proof of Payment! This is perpetrated by us (Nigerians) and not aliens. Now that MMM has come back, we must resolve never to upload fake POP again cos that is enemy number 1 to MMM. 

2. We must desist from creating multiple accounts thereby pledging amounts that we don’t have. MMM says, “Use your spare money!” and spare money is relative. What is spare to one, might be extreme to the other. Use your spare money. 

3. Any information not posted on your Personal Office (PO) or given by your Guider should be disregarded. We must never carry false news especially the ones capable of creating panic and discouragement. 
4. We must be willing to show love to one another. When someone calls and asks for extension of time, please extend time for the person. We must learn to give people benefit of the doubt. 


Fellow Mavrodians, let me assure all of us here that MMM is back and it’s back for good! We will all smile! We are going to have a more trusted and stable system. Let us be calm, positive and happy. We are greeted once again, with a system that works! 

MMM pays people!! Long live MMM!!!

*#Greatmind cares#*

Nice rendition bro guider...

Please can you answer these questions convincingly?

1. How are returns generated in this scheme?
2. How do returns compare with other similar products?
3. How is the scheme regulated and audited?

We are waiting for your sweet answer as regard to this.

1 Like

Re: Comparison Of Ponzi In The US And Nigeria by darqly(m): 9:27am On Jan 20, 2017
ndcide:
Story..

When people in US are paying their Nigeria counterparts thousands of Mavro USD.

Why I don't like commenting on all these topics on Nairaland is that, the schemes are on full force with people paying and being paid, while nairaland dissipate energy on MMM.


This is a lie, my friend, and you know it!!

1 Like

Re: Comparison Of Ponzi In The US And Nigeria by ndcide(m): 9:30am On Jan 20, 2017
darqly:

This is a lie, my friend, and you know it!!
OK. Do I discuss mmm on nairaland? No I don't.
Re: Comparison Of Ponzi In The US And Nigeria by Nobody: 9:32am On Jan 20, 2017
masterP042:
*GOOD MORNING ALL*

​Dear mavrodians, I have watched with keen interest how we have conducted ourselves in this period of upgrade and sustainable programming of the community and I must say am not particularly impressed with some of us. 

Let me inform us, that MMM deserves much more than we are doing or saying and I make bold to say that…… there is no one here who has not gotten back from the system, more than what he or she has put in…. Hence, the need for me to address some concerns… 

1. MMM has never said that they need money from us! Mavrodi has not asked us to PH before we can GH and as such, I won’t want people misinforming others here. 

2. I joined MMM in April last year and we were barely 72,000 participants pan Nigeria and on weekly basis, we had guiders and participants who cashed large sums of money and there was never any issue or issues with money to be paid. 

3. Guiders are managers in the system and not enemies and hence, the need to accept the structure as set up by Mavrodi himself. 

4. The ascension to the post of Guider, is not an exclusive preserve of a few but for all who aspire to be one. Before now, in my time, Guider position was advertised once in 2 months but now, twice in a month or thereabout, making it a lot easier for all who desire it. 

5. Nigeria is not the only country where MMM exists. As a matter of fact, MMM is in 132 countries and they all have what is called – Guider bonuses, so, the Nigerian experience won’t be different. 

6. Just like the managers we have in our various places of work, who do nothing but earn huge salaries at the end of the month, Guiders are not different. The fact that we have some Guiders who don’t even understand the real ideology of MMM, how much more fulfill their roles as leaders in the community, does not mean all Guiders are like that. 

7. Bear in mind, that there’s a Supervisory Council that punishes erring Guiders and would demote any Guider who compromises his role. 
However, having said this much, let me remind us that there are more critical issues confronting us and these issues are KEY to the stability and sustenance of our beloved community. 

1. Upload of fake Proof of Payment! This is perpetrated by us (Nigerians) and not aliens. Now that MMM has come back, we must resolve never to upload fake POP again cos that is enemy number 1 to MMM. 

2. We must desist from creating multiple accounts thereby pledging amounts that we don’t have. MMM says, “Use your spare money!” and spare money is relative. What is spare to one, might be extreme to the other. Use your spare money. 

3. Any information not posted on your Personal Office (PO) or given by your Guider should be disregarded. We must never carry false news especially the ones capable of creating panic and discouragement. 
4. We must be willing to show love to one another. When someone calls and asks for extension of time, please extend time for the person. We must learn to give people benefit of the doubt. 


Fellow Mavrodians, let me assure all of us here that MMM is back and it’s back for good! We will all smile! We are going to have a more trusted and stable system. Let us be calm, positive and happy. We are greeted once again, with a system that works! 

MMM pays people!! Long live MMM!!!

*#Greatmind cares#*


you're wicked, comparing guiders to managers in work place... OK naa, continue.

1 Like

Re: Comparison Of Ponzi In The US And Nigeria by marshalcarter: 9:54am On Jan 20, 2017
Theyveedo:


Boss teach me how to play the guitar naa biko
na una bad pass naaa...no be u play for frank edward for experience; D badt nigga
Re: Comparison Of Ponzi In The US And Nigeria by marshalcarter: 9:54am On Jan 20, 2017
Theyveedo:

Boss teach me how to play the guitar naa biko
na una bad pass naaa...no be u play for frank edward for experiencegrin badt nigga
Re: Comparison Of Ponzi In The US And Nigeria by drnoel: 10:33am On Jan 20, 2017
danielgod:
*US SEC Enforcement Actions Against Ponzi Schemes*

What Is A Ponzi Scheme?

A Ponzi scheme is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit new investors by promising to invest funds in opportunities claimed to generate high returns with little or no risk. With little or no legitimate earnings, Ponzi schemes require a constant flow of money from new investors to continue. Ponzi schemes inevitably collapse, most often when it becomes difficult to recruit new investors or when a large number of investors ask for their funds to be returned.
Curtailing Ponzi schemes and holding accountable the individuals responsible for these scams is a vital component of the SEC's enforcement program.
Examples of SEC enforcement actions against Ponzi schemes include:

2014
Neal V. Goyal – SEC charged a Chicago-based investment fund manager with operating a Ponzi scheme that used new investor funds to pay redemptions to existing investors and fund his own lavish lifestyle.
Gaeton "Guy" Della Penna – SEC charged a Sarasota, Fla.-based private fund manager with defrauding investors in a Ponzi scheme that ensued after he squandered their money on bad investments and personal expenses.
Joseph Signore and Paul L. Schumack II – SEC charged the operators of a South Florida-based Ponzi scheme targeting investors through YouTube videos and selling them investments in a product called virtual concierge machines (VCMs) that would purportedly generate guaranteed returns of 300 to 500 percent in four years.

*Canopy Financial* - SEC obtained an emergency asset freeze to halt a $75 million Ponzi scheme that defrauded investors in a private placement offering. The U.S. Attorney's Office for the Northern District of Illinois brought parallel criminal actions against Canopy Financial's founders.
Trevor Cook - SEC obtained an emergency asset freeze to halt a Ponzi scheme that raised $190 million from 1,000 investors through the unregistered sale of investments in a purported foreign currency trading venture. A judge later ordered Cook to be jailed for failing to comply with the asset freeze . The U.S. Attorney's Office for the District of Minnesota brought a parallel criminal action against Cook.
Mantria Corporation - SEC obtained an emergency asset freeze against four individuals and two companies for perpetrating a $30 million Ponzi scheme that persuaded more than 300 investors nationwide to participate in purported environmentally-friendly investment opportunities.

When will our government wake up to this menace?
Why can't Nigeria copy the US in dealing with this fraud?
Should we wait until Nigeria/Nigerians are ruined by this unscrupulous business?
Is the government really aware of the consequences of these schemes?

I really wish we could have a saner and organized system in Nigeria

God bless Nigeria

Data from: https://www.sec.gov/spotlight/enf-actions-ponzi.shtml

The people u should direct ur attack on is not only the executive but also legislature. There should be laws made against such things so the security forces would have something to work with. But in Nigeria that's not the case
Re: Comparison Of Ponzi In The US And Nigeria by ewosk: 1:24pm On Jan 20, 2017
Kwatinue......next post about MMM please.... grin
Re: Comparison Of Ponzi In The US And Nigeria by dvd(f): 7:50pm On Oct 28, 2019
DonCortino:
I really dont knw why u guys want MMM dead!
another mmm mugu

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