The hope mavrodians have of retrieving their ‘investments’ and ‘profits’ from the Mavrodi Mondial Moneybox (MMM) Ponzi scheme continues to dim by the day, as Nigeria’s top guider, Chuddy Ugorji, has reportedly fled the country.

It was gathered that Ugorji, left Nigeria with his wife to the Philippines.

He fled the country when many investors were waiting to be paid their money with the accrued interest.

Chuddy’s relocation came barely 24 hours after he released new conditions for payment of participants.

He had given the impression that the Ponzi scheme had started paying outstanding money to participants of the scheme. But the payment is just symbolic.

Meanwhile, the ponzi scheme issued new guidelines on Wednesday.

It said, “As a necessary measure, we decided to set limit to withdrawal this week thus the N31,000 maximum withdrawal on your PO.

“We are still committed to prioritise paying smaller amounts first and gradually increase the amount to higher ones. The system does the calculations and knows how to calculate everyone’s mavros.

“Between Friday that we opened and today, hundreds of thousands of GH orders have been matched.
More and more GH orders will be matched as time goes on. If you see error notification when trying to GH, just keep trying.

“PH to GH is still a suggestion to be tabled before Sergey Mavrodi for consideration. Disregard any info suggesting that you must PH to GH till further announcement in your PO. Freezing of bonuses for now is another suggestion to be tabled before Sergey Mavrodi for his consideration. Which means if approved, you will only be able to GH your personal contributions for now until the system recovers and stabilises.”

http://www.metronaija.com/2017/01/why-mmm-top-guider-chuddy-ugorji-and.html

cc: lalasticlala mynd44

Fear

But why phillipines?

I guess no extradition treaty with naija

....

That chuddy of a guy must be very heartless, instead of him and his cohorts who earned so much and parsuaded lots of Nigerians to join to stay and work things out he absconded.

make him wife cheat on him sef

Meanwhile... somewhere in the Philippines...

make una remove una useless bonuses, just pay pple dia initial investment

k

Together ,he has changed their world. From being smart to being dumb. Next time when seun and many other folks warn you here of a scheme like this, you will run far.

OP,you be lai mohammed?

The bastard made nothing less than 4 BILLION naira in just one year.

I'm confused why people are calling for the head of Chuddy.

To quote Mavrodians ' MMM is a peer to peer system'. If you need your money back, go and find peers that will pay you.

MAVRODIAL CHUDI

TOGETHER WE CAN CHANGE THE WORLD.
.SORRY......

TOGETHER WE CAN CHANGE THERE FADA NYASH


NB: IF YU WANNA 'GET HELP',YOU GO TO A HOSPITAL,IF YOU WANNA 'PLEDGE HELP' ,U MOVE DOWN TO A REHABILITATION CENTRE..

AM ALWAYS HERE TO READ MMM NEWS ONLY!!! IRANU

I believe MMM participants joined the scheme knowing the risks involved.

Getting scammed is part of the game...unfortunately...

did they ?

Luizkid:
make una remove una useless bonuses, just pay pple dia initial investment

this is a serious issue

nairaland and mmm matter na like butter n bread...inseperable.....anyway continue

I didn't read any WHY

My guy Don tear comot for here, when money no dey board

Ok

Hm

we were warning them the ol time..

but they didnt listened..

nobody can tell the rest of nigeria that we didnt tried ...

cbn,efcc,even the elite nigerian 419ers warned them..

because someone found out a loophole in the laws doesnt make mmm legit...

Luizkid:
make una remove una useless bonuses, just pay pple dia initial investment

How? But u people said there's no Central account? So how?

HHHHHHHHHHHHH

stories again...Why won't they just give people back their initial capitals and stop all these excuses....

Now he has become a fugitive ...Was there actually any winner in MMM? I don't think so ..While most people lost money chuddy made money but lost his freedom and dignity

Some still believe this scam is coming back tho....