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2 Greedy Nigerian participants: Yep, most participants that took part of the Ponzi schemes were very greedy, whether we like it or not that is the bitter truth. Greedy in the sense that you were advised on the MMM Nigeria website to invest only your spare cash in the program but did Nigerians listen? No After the crash of MMM Nigeria, you will start hearing people confessing that they put their life savings into the scheme, some put in their children school fees into the Ponzi scheme while others went as far as using their house rent in order to get a higher return. Of recent we have seen how a husband beat the living daylight out of his wife for using their savings to invest in the Ponzi scheme, infact I know of a sales girl who stole her employers half a million Nigeria to invest in MMM. Now that the money is gone, who is to be blamed?
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It is no longer news that MMM Nigeria has crashed but what had eluded the news is the people whose actions actually led to the crash of the popular Ponzi scheme. Every participant who put their funds into the Ponzi scheme has been calling for the head of Mavrodi, however, as an observer I sat down, analyzed and finally was able to fish out the real major culprits who should be blamed for the crash of MMM Nigeria. 1 The MMM Nigeria Guiders: As a guider in MMM Nigeria, you get 10% of the help provided from every downline or referral that are duly registered. This means that if you as a participant is to provide help of N100,000 your guider will get N10,000 richer. Now, a guider that has about let’s say 100 downline for example and each of the downlines are providing help of N100,000 that means that the guider will get N10,000 X 100= N1Million each month for doing nothing. So cool right? Wrong!! Pulling out such huge amount will lead to a major financial strain on the system, that’s why a lot of people couldn't get help anymore. A perfect example is the Number 1 guider Chuddy. If MMM has a participant of over 3Million people and each of the people provide an average help of about N10,000 monthly, this means that Chuddy the number 1 guider will be cruising with N10,000X 3M= N3Billion monthly. This amount alone is enough to crash the system as one man eats virtually almost all the cake. Now, add all the guiders (over 12,000 guiders) to this equation and you will see that the guiders were eating the lion’s share of the cake without giving help back. All what a guider do is to log in, check how many people have provided help and then cash out. Most do not even provide help at all that’s why the system crash. Honestly, these guiders don hammer on top participants head.
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Job ID 9797BR Job Title Graduate Trainees - Internal Audit, Risk & Compliance Services (IARCS) Region EMA Country Nigeria Location Lagos Function Advisory - Risk Consulting Service Line Internal Audit, Risk and Compliance Services Engagement Type Graduate Hire Job Description KPMG is seeking to hire exceptional graduates who will be part of a dynamic team in the Internal Audit & Risk Compliance Unit (IARCS). The KPMG IARCS unit is a clear market leader in the provision of governance, risk and compliance services. The team works with several clients across various industries to provide internal audit outsourcing services, review and design of corporate governance, diagnostic review and design of enterprise risk management services, etc. Qualifications · Less than 26 years of age · First degree: First Class OR Second Class (Upper) in any discipline, · 5 O'level credits (including English & Maths) at a sitting · Completed or about to complete NYSC program · ACA/ACCA would be added advantage Note: Please ignore if you have written the KPMG Graduate test before Click link source to apply here: www.careercrewblog.com/2016/09/kpmg-recruits-graduate-trainees.html?m=1 |
Nice one OP I have written an article on interview questions and answers. Visit http://www.careercrewblog.com/2016/08/top-10-interview-questions-and-guide-to.html#more for more details. You can check my NL profile for my twitter handle and follow me on twitter for more info on entrepreneurship, career development and human capacity development. I follow back too. |
shadelek:I have written an article on interview questions and answers. Visit http://www.careercrewblog.com/2016/08/top-10-interview-questions-and-guide-to.html#more for more details. You can check my NL profile for my twitter handle and follow me on twitter for more info on entrepreneurship, career development and human capacity development. I follow back too. |
Exodusontop:You can speak to your supervisor about it. If it falls on deaf ears, write to your HR department to address the issue. |
IstandWitBuhari:If this is true then i recommend that you read this; http://www.careercrewblog.com/2016/07/ways-to-deal-with-sexual-harassment-at.html |
allymarry89: Lovexme:Hi there, it is high time you consider evaluating your career to know the next step to take. I wrote an article on how you can evaluate your career. Visit http://www.careercrewblog.com/2016/06/how-to-evaluate-your-career.html for more details. You can check my NL profile for my twitter handle and follow me on twitter for more info on entrepreneurship, career development and human capacity development. I follow back too. |
admax: wildchild1:Hi, i can assist you here with an article on Time management. Visit http://www.careercrewblog.com/2016/08/effective-time-management-tips-for.html for more details on how best to solve the issue. You can check my NL profile for my twitter handle and follow me on twitter for more info on entrepreneurship, career development and human capacity development. I follow back too. |
Dilidee:Hello, i wrote an article that can assist you with what you are currently facing. Visit http://www.careercrewblog.com/2016/06/how-to-deal-with-angry-boss.html for details on how best to resolve such issue. You can check my NL profile for my twitter handle and follow me on twitter for more info on entrepreneurship, career development and human capacity development. I follow back too. |
Nice one OP. This is why I always advice people not to wait for a white collar job before you earn some money/income. I even wrote an article on things needed to make a successful business. Please visit www.careercrewblog.com/2016/06/things-needed-to-make-successful.html?m=1 for more information on that. You can check my NL profile for my twitter handle and follow me on twitter for more info on entrepreneurship, career development and human capacity development. I follow back too. |
The best way to survive is by becoming an entrepreneur. This is why I always advice people not to wait for a white collar job before you earn some money/income. I even wrote an article on some businesses you can start with just little cash. Please visit www.careercrewblog.com/2016/06/5-businesses-you-can-start-with-just.html for more information on that. You can check my NL profile for my twitter handle and follow me on twitter for more info on entrepreneurship, career development and human capacity development. I follow back too. |
Nice one OP. Please help me rate my career blog. Visit www.careercrewblog.com Criticism is also allowed |
delivite:Thank you for your contribution |
God bless her hustle.. This is why I always advice people not to wait for a white collar job before you earn some money/income. I even wrote an article on some businesses you can start with just little cash. Please visit www.careercrewblog.com/2016/06/5-businesses-you-can-start-with-just.html for more information on that. You can check my NL profile for my twitter handle and follow me on twitter for more info on entrepreneurship, career development and human capacity development. I follow back too. |
God bless her hustle.. This is why I always advice people not to wait for a white collar job before you earn some money/income. I even wrote an article on some businesses you can start with just little cash. Please visit www.careercrewblog.com/2016/06/5-businesses-you-can-start-with-just.html for more information on that. You can check my NL profile for my twitter handle and follow me on twitter for more info on entrepreneurship, career development and human capacity development. I follow back too. |
With the current economic outlook in Nigeria and increase in cost of goods and services, making ends meet and taking care of daily demands/ expenses in the country on only one source of income is getting burdensome.Source; www.careercrewblog.com/2016/06/5-businesses-you-can-start-with-just.html cc; seun lalasticlala ishilove mynd44 |
oluwafreshkid:Hello OP, I have written a similar article on businesses you can start with almost same amount. Read here: www.careercrew..com/2016/06/5-businesses-you-can-start-with-just.html?m=0 You can also follow me on twitter for more info on how to run your business and career development. ..I follow back too.. Check my profile for my twitter handle. |
I advise you all to visit http://www.careercrewblog.com/2016/08/top-10-interview-questions-and-guide-to.html?m=1 for the answers and many more interview tips. Also check my signature |
Ibrahim1975:Donald Duke, former governor of cross rivers is a far better option than what we have today. He transformed the state to a beauty. That man has great vision as a leader. But Nigerians will prefer to choose either a corrupt person as their presidents. I choose Donald Duke as president while ribadu or fashola as vice |
belloabd1914:Ok, you can visit my career website www.careercrewblog.com and subscribe for our news letter. It's free. |
jeffcheddy:Hello Jeff, I have written a similar article on businesses you can start with almost same amount. Read here: www.careercrew..com/2016/06/5-businesses-you-can-start-with-just.html?m=0 You can also follow me on twitter for more info on how to run your business and career development. ..I follow back too.. Check my profile for my twitter handle. |
Thanks. Please check out my career blog and rate it. www.careercrewblog.com I need your contributions and advice. Criticism is also allowed. |
Nice one OP. @All, always ensure to update your CV even when employed. Visit www.careercrew..com.ng/2016/06/why-you-should-always-update-your-cv.html?m=0 for more information. You can check my NL profile for my twitter handle and follow me on twitter for more info on career development and advice. .I follow back too. |
belloabd1914:I only give career and entrepreneurship advice.. I know of so many people that made serious cash just from being a public speaker.. So instead of complaining that there is no job why not get something doing that will give you extra money. Please visit my blog regularly and don't forget to recommend it to your friends. . You can also follow me on twitter for more info on career development and entrepreneurship. .Check my NL profile for my twitter handle and follow me if you wish. I follow back too |
belloabd1914:Visit http://www.livespeech.org/public-speaking-training.html or call the number on the website for more information |
Seun Lalasticlala ishilove Mynd44 good morning sirs. This article is very useful especially for salary earners |
Public speaking is the process of passing information and connecting with an audience or a large gathering of people via speech. Hence a professional speaker is someone who talks to a large audience or group of people.www.careercrewblog.com/2016/06/public-speaking-as-career.html?m=1 |
tonididdy:Nice..You are gradually getting there. Now, try to add you accomplishments in your work experience. .For example, let's say you taught SS3 students before their WAEC or NECO exams and the success rate of students that passed your subject is about 90%, then you can add it as an accomplishment under that specific work experience. .This will boost your chance of getting the job if the job role is inclined towards your teaching experience. Hope this helps. |
Acidosis:Thank you. |
hadura29:Happy new month. There are lots of refresher courses for project supervisor online. You can register for any suitable one online. |
Visit www.careercrewblog.com for more information on career development, tips, jobs tips and entrepreneurship. You can also check my NL profile for my twitter handle and follow me on twitter if you wish. I follow back too |
