I created a website where I promise to double the income of participants by 30%. The first participant joins with N20k. I need him to be convinced that my website pays So I use my own money to make up for the 30% and he goes home happy. I tell him he gets extra bonuses if he brings a friend and he does exactly that. Two of his friends sign up with N20k each and I return their investment with my own money and give my first client a special bonus for bringing them.

His friends are aware their colleague got a bonus for bringing them in. They get greedy, they bring more people. At this point, everyone wants bonuses as my system is verified and working.

More people join in, so I'm not using my money to pay them anymore, I'm using their money to pay them and waiting for more members to join so there'll always be money in the system. I see a huge investment of N1m from a greedy participant, I run the website with money and I've spent my own money to build the trust in the system so I pair the provider of N1m with myself. Then get about 30 people providing N50k to pay him back in 30 days, he has N1.3m. My system is working, he tells his colleagues in his social class and they're all excited.

My first members who started with N20k have gotten greedy, they've created multiply accounts to cash out but I don't care. The big fishes are in the game. The big monies are being paired with me, I'm no longer providing money but I'm getting money. Whenever I see a large amount to be donated, I immediately pair the account to mine. Effortlessly a millionaire.

The system continues to thrive because new members keep coming in. There is a wild recession in the country, my scheme is the escape route. People have paid rents, school fees, bought cars and funded their ceremonies with my scheme. I am suddenly an employer of labour.

But all good things must come to an end, I have successfully built a network of participants running into millions but there is a serious cash deficit. It is almost Christmas and almost everyone needs 30% of their investment back. Because I've been collecting millions as an admin without donating, and because there are not enough new members to match the financial demands of the existing members, my system has collapsed but I am not done getting my millions from gullible people.

I announce a freeze on the website for technical reasons. I've done a lot for them so they believe me that I'm just protecting the system from crash even when it was not the wise thing to believe.
I told them they couldn't receive money this period but they could still donate.

The one month freeze was an attempt to see if I could pay the existing members from the donations of new members. Sadly, some people had lost faith in the system, the new and existing members were afraid to make donations during the freeze because they were unsure of getting their 30% returns back. Plus there were a lot of evil people on social media spreading propaganda that my scheme was a Ponzi that had ended.

I needed that trust back, so I relaunched my website a day before the scheduled return. You needed to see the excitement. It was Christmas on January 13, I told existing people that had provided donations that they could now get help. I also added some attractive incentives for new members. I still faced the same problem that made me shut down temporarily, even worse.

The people that provided help during the shut down all requested help, plus there had already been a long list of people before then. So I decided to pair those that needed less than N30k first to check the rotation of money. Still there was not enough money to go round. The people that were paired to pay others refused to pay, the trust was gone. People had suddenly realised that it was not possible for 30% to be added to your money unless someone lost their own money.
Several other schemes took over my place when I was frozen. All will eventually meet their ends. Greed always comes to an end.

People still live in delusions of grandeur that I have not crashed. Perhaps they expect me to put a memo in my website that it is over. Lol. I really don't blame their naivety, I did do a lot for them to trust me.
I would advise that people make more intelligent financial decisions next time. People lost millions to me because of greed. Do I feel guilty? No. I did warn them to[truncated by WhatsApp]

The first time a friend told me about MMM, the first set of information I broke down to him and analysed everything.

He eventually lost 700k in the scheme.

The system is flawed. I am aware despite all the challenges, the eBalance(mavro) is still increasing geometrically as if somebody is trading with your money.

I pray God will help the participants to move on and he will replenish them.

No point boxing some one who is down. There should be spirit of sportsmanship.

U guess have started MMM tales this sunday mornin

It most b giving u guys nightmare


Happy sun my fellow christians

MMM again

Nawa o!! MMM again

Lord have mercy

dis made fp ydae na. which kind mods seun get so

Now that its occured to the sensible ones that its not sustainable. Such sensible people should move on and get real business doing.

As for me. The best way for you to PROVIDE HELP is for you to place an ORDER for my footwear and i GIVE HELP by making one of the best Quality footwear for you. Thats how i roll.




|| MY NAME IS MARIAM || AM A FEMALE SHOEMAKER || ''CLICK HERE TO CHECK MY FOOTWEAR DESIGNS''

make una allow MMM REST IN PEACE

h

This again on Sunday

ok

lol this was on FP yesterday... sure there's a notification that goes off once a thread on MMM is created

its now obvious that nairaland wants to kill participants of mmm.

MMM topics making front page every week.
pls u guys should take it easy, at least so u don't cause more havoc to the participants.

those involved are human beings like us. they read dis everyday. they die within everyday.

I no longer support dis mmm topics every week on nairaland

Not again

If something is truly dead why does it keep making FP.
That's because it's not dead and it never died
No matter how much you try to choke it
It will still keep growing and living
Long live MMM

Repeating d same post over nd over again, arent dis mods tired, on a sunday mornin for dat matter..SMH

coming BK shortly. my food is ready

Na brutality stage mmm de so.

na ins sabi oo

No matter how hard Nairaland try to choke MMM
It won't die o
It will forever live longer

MMM again? Una no dey tire?
It is dead... let it die its natural death.
Let's stop reminding the greedy of their mistake else, they'll take their frustrations to the masses.

Nairaland keeps disgracing themselves
Shebi they said it was dead and gone
How come it's still making FP.

okay we have all agreed it is SCAM!
abi how many times you won tell us...
I thought they said A WORD IS ENOUGH FOR THE WISE
we don hear, unto the next pleeeeeeeease

[quote author=ikanason post=53223812]I created a website where I promise to double the income of participants by 30%. The first participant joins with N20k. I need him to be convinced that my website pays So I use my own money to make up for the 30% and he goes home happy. I tell him he gets extra bonuses if he brings a friend and he does exactly that. Two of his friends sign up with N20k each and I return their investment with my own money and give my first client a special bonus for bringing them.

His friends are aware their colleague got a bonus for bringing them in. They get greedy, they bring more people. At this point, everyone wants bonuses as my system is verified and working.

More people join in, so I'm not using my money to pay them anymore, I'm using their money to pay them and waiting for more members to join so there'll always be money in the system. I see a huge investment of N1m from a greedy participant, I run the website with money and I've spent my own money to build the trust in the s