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Nigerian Investors' Plight As MMM Founder Mavrodi Dies - Investment (2) - Nairaland

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Sergei Mavrodi: MMM Founder Buried In Closed Coffin (pic, Video) / MMM Shuts Down Operations And Site After The Death Of The Owner, Sergey Mavrodi / Sergei Mavrodi, MMM Founder Dies At 62 (2) (3) (4)

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Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by Quality20(m): 7:27am On Mar 27, 2018
ooh. Many Nigerians are way too daft and stupid to have been immune to goodwill advises from respectable ppl and government institutions not to invest in this ponzi nonsense. They were quick to condemn others by saying things like " why are u taking panadol for somebody's headache ".

1 Like 1 Share

Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by Nobody: 7:27am On Mar 27, 2018
Mmm founder had nothing to do with nigerian mmm. Chuddy and his goons used his name and ideas
Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by talk2rotman(m): 7:27am On Mar 27, 2018
nothing pays compared to faithful Labour.... its yields results that will bring rest of mind
Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by tokrizy: 7:29am On Mar 27, 2018
MMM.(MANY MUMU MUGUS)

1 Like

Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by BrainnewsNg(f): 7:29am On Mar 27, 2018
Good for him
Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by HungerBAD: 7:29am On Mar 27, 2018
BrainnewsNg:
Good for him

My Calabar friend,are you happy someone died?really?

2 Likes

Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by israelmao(m): 7:30am On Mar 27, 2018
He made few people smile and many people cry.

1 Like

Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by clefstone(m): 7:30am On Mar 27, 2018
Mavrodi had nothing to do with MMM Nigeria

1 Like

Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by Jethrolite(m): 7:33am On Mar 27, 2018
everlymoore86:
This man really tried to eradicate poverty he saw , but next Mavro to come , try and manage the pyramid so that it won't crash on people , RIP bro.
And he did so for many early adopters. I have solved the maths several times, a pyramid scheme can not be sustained. It always plateaus at a point and the promoters pull the plug.

2 Likes

Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by BrainnewsNg(f): 7:34am On Mar 27, 2018
HungerBAD:

My Calabar friend,are you happy someone died?really?
Leave him
Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by kense88: 7:36am On Mar 27, 2018
I wonder who Nigerians would have preferred to die Buhari or Mavrodi
Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by freedomosjw: 7:38am On Mar 27, 2018
MMM breaking Nigerian hearts since 1914 grin grin grin

3 Likes 1 Share

Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by kense88: 7:42am On Mar 27, 2018
talk2rotman:
nothing pays compared to faithful Labour.... its yields results that will bring rest of mind
I dey tell you bro. Some people have no conscience .

1 Like

Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by ipobarecriminals: 7:42am On Mar 27, 2018
sad we warned Niagara about the scam Kal MMM but the typical get rich quickly syndrome nor let dem reason well..Count out the Russian guy outta ur misery, nah Dat ipob pig cuddy(whatever his name)and lieutenant developed unable money.
Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by Sanchase: 7:48am On Mar 27, 2018
Meanwhile some people have N30 billion Mavros sitting in their MMM account.
Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by Nobody: 7:54am On Mar 27, 2018
Investors or Mumus
Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by jman77(m): 8:09am On Mar 27, 2018
veekid:
Thunder and lightening do collaboration with Ogun, come fire him on his way to hell
pained mmm disciple

Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by kenenzo: 8:54am On Mar 27, 2018
themosthigh:
May his soul Rest In Peace. I made at least 190 million through his scheme and left. The money of many late comers now rest in my account and I am very grateful.
clap for urself.u lack wisdom of the supernatural.. You seem to forget the fact that all will be held accountable for.
Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by Hotzone(m): 9:10am On Mar 27, 2018
Some junk minded poo jokers still think their money might return
Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by fajob: 9:22am On Mar 27, 2018
SirElaw:
If you like put your money in MMM crypto currency again. Just don't come crying on here when it finally happens.

All about risk

When una dey enjoy no noise then ooo

Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by Nobody: 10:01am On Mar 27, 2018
MHSRIP
Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by Nobody: 10:17am On Mar 27, 2018
are there more ibo guys in MMM than any other ethnic group? just asking
Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by Nwaohafia1: 10:25am On Mar 27, 2018
goshen26:
Nigerian investors’ plight worsens as MMM founder Mavrodi dies at 62

Published March 27, 2018
Samson Folarin with agency report

Russian businessman, Sergei Mavrodi, whose MMM pyramid scheme deprived millions of Russians of their savings in the 1990s, has died of a heart attack.

Reports said the 62-year-old was rushed to a hospital late on March 25, following complaints of chest pain. He died several hours later.


According to Moskovsky Komsomolets, a Moscow-based newspaper, Mavrodi complained of weakness and pain in the heart and was hospitalised.

“Mavrodi was hospitalised in the 67th city hospital. He could not be saved – he died this morning,” the paper reported.

Mavrodi promised returns of 20 per cent to 75 per cent a month, as well as lotteries and bonuses for investors.


As soon as the number of new clients stopped growing, the pyramid collapsed, causing huge financial losses for at least 10 million people, in some cases leaving them in destitution.

The ponzi scheme came to Nigeria in 2016 and many people rushed at it, made gains and invited their family members and friends who invested millions of naira.


The scheme went on a one-month break in December 2016 before its eventual collapse with the funds of many Nigerians trapped in it.

While some Nigerians, who lost money to the ponzi scheme, described the news of Mavrodi’s death as fake, others greeted the news with excitement.

On the Facebook page of the group, one Dave Aguode threatened to ban any member spreading the news of the death.

He said, “Hello everyone, please disregard any news about the death of the MMM founder until you see it in your POs. MMM is working. For now, the planned launch of MMM crypto-currency will pay old mavro.



But another member, Prince Preye, however, lamented that Mavrodi died while his N.1m investment was still trapped in the ponzi scheme.

On his own part, one Oene Rosehaniel Alapaankeil remarked that Mavrodi’s death was long overdue as “our money died long ago.”

“Who cares if he dies? After all, our money died long ago, so it is his turn,” Alapaankeil said.


Another participant, Samuel Alozie, believed Nigerians’ voodoo killed him.

He said, “Nigerian juju has caught up with him. You died well. In your next life, you will not come to Nigeria to do business. You packed people’s money and ran away. You will have no rest anywhere you go.”

A consultant, Mr. Kenneth Eze, in response to a post by our correspondent, said the death would have affected more people if the scheme was still running well before the death.


He said, “The scheme was, to say the least, an informal one and since there is no valid contract in place, the depositors are left holding onto thin air. Those who would have suffered fatalities as a result of the failure of this scheme have already done so. So, there wouldn’t be much reaction to his death. It would have been worse if he died while the scheme was flourishing.”

http://punchng.com/nigerian-investors-lament-as-mmm-founder-mavrodi-dies-at-62/

Let the world know that Nigerians didn't kill Mavrodi, we only woke his village people and the job was done.
Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by goshen26: 11:04am On Mar 27, 2018
Nwaohafia1:


Let the world know that Nigerians didn't kill Mavrodi, we only woke his village people and the job was done.

Lol
Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by Mambox: 11:06am On Mar 27, 2018
tempest01:
You people should not blame this man for your woes.....His name was just used to perpetuate the scam. He was the original MMM...and he went to jail for it. If it was a sane country we were in, the Nigerian collaborator would have been tracked and arrested.

Finally, someone that sees through things.
Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by goshen26: 12:17pm On Mar 27, 2018
Lol...u na de vex gaaaan
Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by goshen26: 12:20pm On Mar 27, 2018
goshen26:
Nigerian investors’ plight worsens as MMM founder Mavrodi dies at 62

Published March 27, 2018
Samson Folarin with agency report

Russian businessman, Sergei Mavrodi, whose MMM pyramid scheme deprived millions of Russians of their savings in the 1990s, has died of a heart attack.

Reports said the 62-year-old was rushed to a hospital late on March 25, following complaints of chest pain. He died several hours later.


According to Moskovsky Komsomolets, a Moscow-based newspaper, Mavrodi complained of weakness and pain in the heart and was hospitalised.

“Mavrodi was hospitalised in the 67th city hospital. He could not be saved – he died this morning,” the paper reported.

Mavrodi promised returns of 20 per cent to 75 per cent a month, as well as lotteries and bonuses for investors.


As soon as the number of new clients stopped growing, the pyramid collapsed, causing huge financial losses for at least 10 million people, in some cases leaving them in destitution.

The ponzi scheme came to Nigeria in 2016 and many people rushed at it, made gains and invited their family members and friends who invested millions of naira.


The scheme went on a one-month break in December 2016 before its eventual collapse with the funds of many Nigerians trapped in it.

While some Nigerians, who lost money to the ponzi scheme, described the news of Mavrodi’s death as fake, others greeted the news with excitement.

On the Facebook page of the group, one Dave Aguode threatened to ban any member spreading the news of the death.

He said, “Hello everyone, please disregard any news about the death of the MMM founder until you see it in your POs. MMM is working. For now, the planned launch of MMM crypto-currency will pay old mavro.



But another member, Prince Preye, however, lamented that Mavrodi died while his N.1m investment was still trapped in the ponzi scheme.

On his own part, one Oene Rosehaniel Alapaankeil remarked that Mavrodi’s death was long overdue as “our money died long ago.”

“Who cares if he dies? After all, our money died long ago, so it is his turn,” Alapaankeil said.


Another participant, Samuel Alozie, believed Nigerians’ voodoo killed him.

He said, “Nigerian juju has caught up with him. You died well. In your next life, you will not come to Nigeria to do business. You packed people’s money and ran away. You will have no rest anywhere you go.”

A consultant, Mr. Kenneth Eze, in response to a post by our correspondent, said the death would have affected more people if the scheme was still running well before the death.


He said, “The scheme was, to say the least, an informal one and since there is no valid contract in place, the depositors are left holding onto thin air. Those who would have suffered fatalities as a result of the failure of this scheme have already done so. So, there wouldn’t be much reaction to his death. It would have been worse if he died while the scheme was flourishing.”

http://punchng.com/nigerian-investors-lament-as-mmm-founder-mavrodi-dies-at-62/



My post enter general session? First time since five years of joining nairaland
Re: Nigerian Investors' Plight As MMM Founder Mavrodi Dies by Tekzyflex(m): 1:56pm On Mar 27, 2018
[quote author=rozayx5 post=66189959]MMM was sweet while it lasted


But thank God for cryptocurrency and binary trading



Guys have moved on cool[/quote





I see! Well done

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