₦airaland Forum

mecussey:
Where did it enter? Smart Nigerian pocket, the school fees we pay at the university...where does it go...smart pockets...our niger delta oil money, where does it go...smart pockets. So why lamenting on mmm so much like it is responsible for recession.

90% of Nigerians are not happy with Nigeria but 99% of MMM partispants were happy with MMM, so who is the scammer here? Let Nigeria make us happy for at least a year and pause, I will understand.

MMM screwed Nigeria so bad!!! D little dt was entering pple's hands went 2 D hands of D fraudulent mmm handlers. Pple might bcom homeless, jobless, drop out of skul & suffer greatly because of ds scam. Ryt nw reality hasn't yet dawned on pple. Dey r still expecting & praying dt dey wld get their money back. When dey discover dt it's gone 4 gud, all hell wld b let loose. Den u wld c d full blown effects.

mecussey:
This so called billions you guys call loss is in another Nigerian man pocket. To be honest, nothing was lost in MMM, the only time i say money is lost is when you convert Naira to USD and travel to london or U.S for a party or wedding or acquire liabilities from foreign countries. Why are we very un reasonable is this country. Why cant the F.G take this advantage and organise another program or scheme where pple will donate money and use it for Agriculture or whatever you think this helpless govt can do right. Simple lessons life teach everyday we wont learn. Mmm just told the FG that some pple kept money and there is a way you can make them bring it out....and we are not seeing from that angle. This country is 15million years behind normal countries, sorry for the future generation. They just have to package this country and sell it to China.

U call 18 billion naira nothing? Dt is d annual budget of some ministries in ds coun3. Entering d pockets of a few crooks wt d remnants going in2 d 'smart' participants who got out early. Dere were pple who used house rent, skul fees, bank loans 2 'invest' in mmm despite d warnings on d site & u tell me dt nothing was lost. Let January 14th come & u wld start 2 c d effects.

0ubenji:
as intelligent as this article of urs is...no doubt
I am actually wondering what ur next composition will be if mmm comes back in January as dey claim..
Juz thinking aloud tho..
You don't knw how silly these mmm participants will make you look.. Lolz
It'd actually be smart of u to wait for that January to come with failed promises from mmm before u begin the moral lessons and tongue-lashing.
My experiences with prejudice taught me some lessons in life..

Typical Nigerian mentality! Always hoping & nt trying 2 face facts. Dey froze d GH option meanwhile dey r encouraging pple 2 continue PH promising 50% returns. Tnk well! Dey said dere is no centralized account dt those PH pay directly in2 d account of those GH. So if pple r nt GH, who r those pple PH 2? Commonsense wld tell u dt those monies r being remitted 2 accounts operated by fronts of D brains behind d scam. I'm sure dey hv bn linking demselves 2 GH since d beginning of D venture albeit on a smaller scale. Dey hv already created panic by freezing GH. So even if dey do open GH in Jan, dere wld b a mad rush as a lot of pple wld wnt 2 GH causing mmm 2 crash thereby creating d perfect smokescreen of chaos 4 those behind it 2 vanish wt out a trace. No office address, no listing, no CAC accreditation, nt even a phone number, nothing 2 trace dem. Dey wld likely blame d govt & social media 4 causing d crash. Dey r already smiling 2 D bank & dey wld lykly come out 4rm ds mess smelling lyk roses. Even if dere is any attempt 2 rope dem in, dey wld just bring up d caveat in their website saying dt d participants were aware of D risk. As much as I hate d brains behind ds scam, I can't help bt admire d genius. It's d perfect crime.

InvertedHammer:
/
NDIC insurance is what they use to calm nerves of customers. NDIC will not pay you a dime if a bank collapses.
Ask ACB, CCB and Community banks' customers how much they got from NDIC after the banks collapsed.
\

Dey weren't insured. Banking then wasn't as regulated as it is nw. U r tlkn abt d days b4 d 25 billion recapitalization criterion was enforced by CBN.

BoleynDynaSTY:
You guys should rest already, let this MMM talk die abeg. You didn't join MMM, your money isn't stuck der so why you crying more than the bereaved?

because d bereaved r our fellow coun3 men & a coun3 in which millions still fall victim 2 a scam afta being warned severally can't move forward because it is populated by a huge number of fools. I heard over 18 billion naira was lost in mmm. Imagine d ripple effect of dt on an economy still in recession. If dt amount pooled was used sincerely 2 solve 1 of our problems in ds coun3, do u know d positive effect dt wld hv had on our economy?

If pple had invested d billions dey currently hv frozen in mmm 2 a venture lyk agriculture, we wld hv seen positive outcomes nw.

Hiploko:
well calculated and designed plot to discredit MMM by some jobless Nigerians..how much them pay una? You can make it in MMM in one month.

Lyk d numerous pple who hv money frozen in dt scam? SMH. Virulent, unbridled greed in full display. Was it d govt dt froze GH? Wts painful in ds whole thing is educated pple, pple wt BSc, MSc, even PhD fell 4ds crap; pple wt 1st class & 2:1 were victims of ds. It's a dirty slap 2 D face of our education & shows dt a lot of folks in ds coun3 r educated only on paper bt in reality r ignorant numskulls incapable of seeing wts beyond their noses.

Osahon7:
nice one....i just paid a ph order of 500k todae....longlive MMM...MMM is You and Me

& d administration & guiders who r only regulated by 'goodwill' nt 2 GH 2 demselves by using front men. 4gt ur greed 4 1 sec & tnk.

Lollllll!!! Her market don dey expire small small. E sure me say plenty guy 4 don dey toast am in her 20s bt she dey form hard 2 get. Poetic justice @ work. Make all d women use ds 1 learn lesson. If una lyk, continue 2 dey form 4 those guys wey dey gv u eye. Soon & very soon, we shall read ur own too. Mschew.

RadicallyBlunt:
Great. But its still really not fair how these ladies aren't telling fellow fat girls out there their secret of slimming down. Same with lepacious Bose. I know some fat ladies who are wife-materialistic but thier bfs left dem cus of dia stature

So if these ones who are successful with thier slimming down process can give some info even if it cost money, many girls would patronize. There shouldnt be politics in this matter

Simple eat healthy (cut down on fat, carbs & processed food. Increase protein intake (plant protein), fruits and vegetables, dnt eat late, drink a lot of water, follow an exercise regimen strictly. In 6 months-1 yr. U wld c d difference. Any oda way is bound 2 hv a detrimental effect on d health of D individual.

berrystunn:
All the banks that have collapsed are they not real ventures.? You are too dull? I have knowledge on Global Finance, on how the global financial system works which indeed is a pyramid scheme (scam) with the Federal Reserve Bank being at the top of that pyramid. Stop being a dullard and reason differently for once..
Banks run the biggest scam,

Are you aware of how mark Zuckerberg makes through Facebook? You are posting on this forum; are you aware that nairaland is becoming a billionaire through you and me? How do you think ordinary bloggers get rich? Sergie Mavrodi   is a mathematician and software developer running one of the finest monetised website systems in the world. Mind you,   it is not even about the 30 percent. It’s about financial revolution, breaching the financial gap between the rich and the poor. You have been Facebooking for years and never benefited financially from it but Facebook benefits financially from you.   MMM is based on 2 Corinthians 8:13-14 – Of course, I don’t mean your giving should make life easy for others and hard for yourselves. I only mean that there should be some equality. Right now you have plenty and can help those who are in need. Later, they will have plenty and can share with you when you need it. In this way, things will be equal.”

Did the Russian receive anybody’s money? can’t you understand that the system is a revolving system, so long as every member will not withdraw their money the same day and new members keep joining, the system will not collapse. Which bank or insurance company can survive if all depositors want their money on the same day and no new funds deposited? These guys have created a system which banks can somehow copy from and enhance liquidity   instead of being envious.”

Banks (scam) made alot of profits, through MMM participate, transaction, change 4Naira, 3times for one transaction alert. Participate did not care.


Nigeria government will understand why people are not against them in this hardship.

Deres a Latin saying translated 2 somtn lyk "who wld watch d watchmen?". Hw r u sure dt u r nt PH 2 a front 4 D so called 'guiders'? Who matches u wt d person dt u pH 2? Who regulates him 2 make sure dt dere is no monkey business? I doubt u hv a satisfactory ansa 2 dt question. Do u know dt come 14th Jan, dere wld b a huge deluge of pple trying 2 GH as pple unable 2 GH ds Xmas & pple dt PH (@ d interest rate of 50%)ds Dec wld wnt 2 GH? Wldnt dt crash d system? Or perhaps ds is a calculated move by d originators of d scam 2 covertly implode it & leave smiling 2 d bank quietly, while blaming d govt 4 creating panic & destroying d system? As if freezing GH hasn't created enuf panic & suspicion of D scheme (or rather scam). Anybody who is smiling @ his rising mavros is celebrating prematurely cos he's getting money only on paper scratch dt on a computer screen (@ least paper can b tendered as evidence in court). Perhaps a few wld get settled just 2 keep an appearance of innocence bt I bet dt if thorough forensic accounting is applied, somtn rotten wld be found in Denmark. A system dt can't be regulated by a higher system is prone 2 go rogue.

InvertedHammer:
/
Do you have money in the bank?

If yes, don't laugh at MMM folks yet.

It is a matter of kettle mocking pot for being black.

Every financial system is at the risk of collapse any time of the day.

Ask Cyprus, their government confiscated 40% of depositors' funds a few years ago.

MMM and traditional banks are both financial risks of different magnitudes.
\

Bt @ least bank deposits r insured by d NDIC, which mean s dt even if d bank building burns down, u wld still get ur money.

kingjabz:
GUIDERS MEETING WITH HEAD OF CRO JUST ENDED... HERE ARE SOME OF THR EXCERPTS..

*** NO GH OR PH FOR THIS PERIOD., MEANING NO ORDERS SHALL BE MATCHED EVEN THE REMATCHED ORDERS.

*** SOME 30DAY MAVROS *MAY* BE RELEASED FOR WITHDRAWAL BEFORE THE END OF THE 30 DAYS WAITING PERIOD.

***ALL NEW ORDERS AND OTHERS THAT HAVE NOT BEEN GH SHALL KEEP GROWING

***A NEW MODEL IS TO BE IMPLEMENTED IN JANUARY. THE MODEL SHALL HANDLE ISSUES REGARDING MASSIVE GH WITHDRAWAL FEARS.

***DURING THIS PERIOD, ALL ISSUES WITH SUPPORT WOULD BE HANDLED

***CHANGE OF GUIDERS BUTTON TO BE IMPLEMENTED FOR PARTICIPANTS BY NEXTWEEK AT MOST

***OUR ACTIONS AND INACTIONS DETERMINES WHAT HAPPENS NEXT. IF WE PROMOTE POSITIVITY, THIS WOULD HELP THE SYSTEM AND ITS NEW MODEL COMING UP NEXT YEAR.

***FOR THOSE WHO HAVE MORATORIUM ISSUES AND FAKE TELLER ISSUES, KINDLY UPLOAD THE REQUIRED DOCUMENTS NOW AS SUPPORT WOULD NOT BE OVERWHELMED DURING THIS PERIOD.

LADIES AND GENTLEMEN, PANIC ONLY WEAKENS THE SYSTEM. WHAT HAVE GOVERNMENT AND MEDIA DONE FOR YOU BEFORE NOW? IF YOU PLACE A PH ORDER TODAY, YOU WONT BE MATCHED BUT YOUR MAVRO KEEPS GROWING. LETS GET BACK TO THE BASICS OF MMM. PH AND GH RATIOS ENSURES SUSTAINABILITY OF THE SYSTEM. PLACE THAT PH ORDER AND ENCOURAGE YOUR DOWNLINES TOO TO DO SAME NOW. THIS IS ARGUABLY THE BEST TIME TO SINCE YOU WONT BE MATCHED.

BE POSITIVE, STAY POSITIVE.
MMM IS STILL UP AND RUNNING.

The Monkey Money Madness! (MMM)
Once upon a time in a village, a man appeared and announced that he would buy monkeys for N100 each. The villagers seeing that there were so many monkeys around, went out to the forest and started catching them.
The man bought thousands at N100 and as supply started to diminish, the villagers stopped their efforts. He further announced that he would now buy at N200. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished and people started going back to their farms. The offer rate increased to N250 but the supply of monkeys became so little that it took much effort to even see a monkey, let alone catch one.
The man now announced that he would buy monkeys at N500! However, since he had to go to the city on some business, his assistant would now buy on his behalf.
In the absence of the man, his assistant told the villagers: ''Look at all these monkeys in the big cage that my OGA has bought from you, I will sell them to you at N350 and when my OGA returns from the city, you can sell it to him at N500''.
The villagers squeezed out all their HARD EARNED savings and bought all the monkeys. The most greedy ones among them even sold their lands to purchase many MONKEYS, hoping to make a huge profit without labor.
Then...
They never saw the man or his assistant. Only monkeys everywhere!
Welcome to #MMM.

BrutalJab:
Do I look like Adolo to you

My money wasn't trapped there cos I used my brain.

BTW, why do you sound pained? Are you a participant?

I'm pained because I hate cheating. I'm pained because pple were warned & still fell 4 a scam. I'm pained because of d evident, virulent greed displayed by many of my coun3 men, dt makes dem willing 2 cut corners & engage in sharp practices. I'm pained because seeing all these confirms dt while our leaders hv their own share of d blame, we d common pple r d main architects of our misfortune in ds coun3. I'm pained because my hope in Nigeria has bn dealt a fatal blow as I c its pple bcom more lyk animals dan men over money. I didn't participate in dt scam bt I lost more Dan money 2 it. I lost my faith in d Nigerian pple.

OnankpaBa:
naija with awoof. We tto like easy way to make cash

D problem is dt no 1 reads again in ds coun3. D only thing we read r books 2 help us pass exams & useless write-ups on gossip blogs. Read abt d lives & cons pulled by conmen lyk Joseph "yellow kid" Weil, count Victor lustig etc & u wld understand dt d greatest antidote against being defrauded is 2 b content & neva try 2 cut corners. Joseph Weil said dt 1 of D greatest weaknesses conmen exploit is d need 2 get something 4 nothing (greed & covetousness). A contented, straightforward person wld most likely nt fall victim 2 scams. Also pple (especially Nigerians) take things @ face value. Dey neva ask demselves hw things actually work. I'm sure a lot of mmm participants neva bothered 2 find out hw d enterprise is being funded & wt keeps it running. As long as d money kept coming, dey were contented. As 4 me, I knew somtn lyk ds wld happen. It's obvious dt mmm isn't sometn made 2 run long term. I had even started asking if dere was a way I cld short MMM b4 I discovered it was neither listed nor trading. Pple 4gt a lot dere4 r bound 2 repeat d mistakes of d past. MMM is just a repackaged variant of D wonder banks of 2007/2008 bt ds tym wt a few tweaking & caveats 2 exonerate d handlers when $hit hits d fan. If u fell victim 2 mmm, just learn ur lesson & dnt repeat ur mistake when dey come nxt tym (dey wld come again bt in anoda form or disguise)

GoroTango:
You shouldnt be laughing This is very terrible news. Over the next few weeks more of our country men and women who invested in the scheme will take a similar path as the one taken by this poor fellow. Very disturbing indeed

Pls dt wld b a welcome development. It wld reduce d number of greedy pple looking 4 easy money & serve as a lesson 4 future marks. Dey represent d worst of us & shld b purged. We need less of dem in ds coun3 if we wnt 2 move forward.

Candycrusher:




Owner of MMM be balling like,

C 4 urself. Dude is waving his scam in d faces of his gullible victims.
https://www.naij.com/1077577-how-mmm-number-1-guider-collected-1b-1year-photos.html?_e_pi_=7%2CPAGE_ID10%2C7429574475

BrutalJab:
Op, it seems you have no job abi?

If you don't have any idea bout how MMM operates, just keep kwayet.


Seun, keep pushing for traffics, you seriously need the money for Xmas tho

Nt as much as u need ur money currently stranded in d mmm limbo. Beta go on marathon dry fast & prayer dt it doesn't enta voice-mail come Jan 14th, although I doubt if ds wld b d case. Sucker.

Pavore9:
Conservation no dey our dictionary!

Proving dt we r no beta Dan our primitive cavemen ancestors who were hunters & gatherers of food. Poverty hv made us throw away our evolved Humanity in exchange 4 d savagery of lower animals only concerned abt d present wt out any thoughts abt d future.

wizzakosh:
oh yes, greed to be successful. Sad news to you, I just confirmed some1 this morning that paid me yesterday. Pessimism is a disease.

I really dnt blame u. I blame all d idiots in power dt hv made poverty bcom so widespread in ds coun3 dt pple dnt tnk well again. D minds of D future hv bn so caged by lack & suffering dt d acquisition of wealth regardless of D means & method is nw acceptable & tendered as success. If we were 2 follow ur line of reasoning, pple lyk Jesus Christ, John d Baptist, mother Theresa, Nicolai Tesla etc were epic failures because dey didn't possess s acts of cash. True success isn't measuresed by riches or else every crook who made a quick buck wld be viewed as successful. Get rid of ds mindset 4 d sake of D future of ds coun3 (which u as a youth is a part of). Sharp practices neva pay in d long run.

olugbenga8600:
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– No side effects
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Ingredients: Hunger-obliviongrass, Griffonia simplicifolia, immature orange extract, instant African coffee MoyoJava, sugar, maltose, laktose, fructose.

Packaging: 15 sachets (10 g) of instant coffee in paper box

Use and dosage: 1 sachet disolve in 150 ml of hot water and drink in the morning before or after breakfast. Maximum daily dose is 1 sachet.

Contradictions: Unappropriate for children, pregnant women, nursing mothers, people with heart or kidney disease.

Storage: store at the dry place, do not expose to the direct sun light

Shelf life: 36months

Price: NGN 8,000

WHATSAPP/TELEGRAM: 0 803 252 8089

Together we can change the world #MMM

8 k because person wan lose weight? Who sef dey fat 4 ds buhari Era? Instead make u dey encourage dem 2 go do exercise, u wan make dem dey addicted 2 caffeine. Diaris God o!

DesChyko:
If they really care that much, they should create a special line for MMM-related emergencies.

Nigerians have ways of handling themselves before now. Channelling everyone specially to 112 Is just lame.

Abegi!!! Make we hear word. Dem no warn dem? Trust dem 2 form ITK lyk say dem sabi pass d pple wey dey warn dem. LASEMA even try sef 2 dey cater 4 Dem need. Anybody wey wan off imself over ds mata dey free afta all is it nt a free world?

#COYG. Abeg do us proud. In oda news e no go beta 4 uefa as Dem gv us bayern Munich. Uefa.... Enemies of arsenal since 2011.

babajeje123:
Foolish set of people coming up with lengthy theories which add up to nothing. They are all out to use social media to terminate MMM because they could see how the scheme is bridging the gap between the rich and the poor. People are no longer depending on the so called rich to feed and live their lives hence they are pained. MMM to a large extent has reduced the effects of this recession on the masses. Could you imagine where we would be without this Almighty God sent Scheme? What our useless, directionless and selfish leaders and lawmakers couldn't do since they were voted into office has been done by MMM. Masses could pay school fees with less stress, feed well and start up businesses of their choices. Despite all of these and many more that God is using MMM to accomplish, some God-forsaken element will still come up formulating some useless theories fit for the trash bin.
Well, everyone has right to their own opinions. I just want to encourage those involved to be more determined and focused. Nigeria is a country flowing with milk and honey sufficient for all but those useless elements at the helm of afffairs have diverted the flow to themselves while allowing us groaning under the yoke of poverty. Break the yokes through MMM.

MMM, bridging the gap between the poor and the rich.

Let me gv ds analogy & I hope u understand. MMM is lyk a bottle containing 1 3rd honey @ d top & 2 3rd bitter leaf extract @ d remaining bottom. When pple r getting paid, it's d honey phase bt when a huge number of latter participants r stuck wt d bill, dts when pple wld taste d bitter leaf phase.

Oviconji:
Rubbish. How can Dangote be signing deal on Niger Delta gas? Na him papa get the gas? What a parasitic nincompoop of epic proportions. These foo.lani pipo are thieves.

Dude did u learn comprehension in English language @ all during ur formative yrs? Dere is no Niger delta gas involved. It's Tanzanian gas. He wnt d govt 2 allow him use gas instead of diesel so as 2 cut cost of production. U tnk Niger delta is only place in d world wt oil and gas deposits? B4 u tlk, learn 2 understand 1st.

nnachukz:
I'm surprised that those who actually do not care for anyone seems to be more concerned about our finance and where we invest it more than we that suffered to get the money. What do they know about the scheme? Why are they not complaining about Bet9ja and it's kind where the risk is a thousandfold more than MMM? We are of legal age, the risk is well understood and we are not complaining. So go back to who paid you and tell him to shove this shit back to where it came from.

because gambling doesn't promise dt evry1 wld win. If u r able 2 predict correctly, u win. D odds of winning is actually skewed against d player. He is caught btw winning little by playing low risk games dt r lykly 2 b correct or playing higher risk games wt greater returns. He understands d terms & risk involved & is sufficiently educated. Meanwhile mmm lies abt d risks involved. It doesn't tell u dt it can pack up suddenly & dt ultimately, it is d latter participants dt wld bear d brunt whether dey lyk it or nt.

Ds mmm stuff reminds me of a comprehension passage I read in "mastering English" when I was younger titled "ego & d money doubler". Let's wait & c d result of ds enterprise bt I can bet it wldnt end well. D laws of economics & commonsense shows us dt som1 has 2 ultimately bear d brunt of d numerous profits pple were making off d scheme. As dere is no exchange of goods and services involved, deres no satisfaction 2 b met. D monies pple put in2 it isn't invested (unlyk banking) so it is static cos it doesn't generate interest. In d end, a large grp of pple wld b stuck wt d bill. D dilemma of ds conundrum is dt mmm tell everyone dt participates dt dey stand 2 profit ultimately 4rm ds enterprise bt dts a lie. Inevitably, a huge number of D latter participants wld be left holding d bag whether dey lyk it or nt. It's lyk playing pass d parcel wt a timed explosive nt knowing 2 which tym it has bn set. 1 certain thing is dt it wld explode & d grp of pple holding it @ dt tym wld be casualties.

UrennaNkoli:
Just pass by in the night and see old women hustling. ..Very funny

D sight of those grandma's exhibiting their long expired market can kill any Konji rising in a man.

UrennaNkoli:
Just pass by in the night and see old women hustling. ..Very funny

D sight of those grandma's exhibiting their long expired market can kill any Konji rising in a man.

ButterFrost212:
never heard of this one, but there's Coca Cola at unity filled with all kinds of nasty.
I served in ilorin, and what I went away with at the end of my service year was the fact that it's one of the most hypocritical Muslim dominated state.
There's a hotel in every nook and cranny of that town and open bars, clubs and brothels and all kinds of vices you can think of. My landlord was a major beer distributor and believe me he had so many customers and sales that I was convinced that ilorin people are drunks.
Ilorin I hail o! Lol

Nice write up anyway!

Guy I rock Coca-Cola stupid. I bn dey knack ashys scatter 4 dere. Wetin u tlk true die. Dem Sabi pretend lyk mad.

Zico5:
I'm a beneficiary of this great innovation called mmm. I will not be ungrateful, mmm has changed my life. I pray it comes back better.

Dude u were sucker bait used 2 lure more pple in2 d scheme. It was obvious dt it was an unsustainable enterprise. Nw numerous pple hv bn left 2 bear d loss. Sincerely 4 d sanity of many, I hope it comes back in January or else many Nigerians wld die.

Wallahi d Thunder & lightening wey go fire anybody wey come NL wail abt money wey dey trapped 4 MMM go dey continuous lyk song on mp3 wey dey on replay. Wetin remain na make dem just pray say make dem dey able 2 collect dem money by January because I doubt dt it wld b d case. Make una just lock up take am lyk dt. Awon oloju kokoro.