Youngpo413:
They know the risks involved, so no big deal.

voicelez:
Dear CNN,
we told them but they asked if it was our money
Even our president also has 3M's in his name
We therefore plead to stay out of the matter b4 they will ask if it is CNN's money
Experience has truly show who owns the money
We will write you soon to update you on the number of suicides as we are still counting
Yours faithfully
Wise Nigerians to u the writer... WHY DO U WANT TO DIE IN OTHER PEOPLES PROBLEM.?



Are you related to those who brought MMM into Naija because it seems you want to give them more clients

winkmart:
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 use their SPARE money.
My name is MMM and I am a Ponzi Scheme.

Brian Jonah Dennis



http://www.blackberrybabes.com/2017/01/my-name-is-mmm-by-brian-jonah-dennis.html

patogist:
This is what we keep facing everyday in Federal University Of Technology, Owerri. We only have one Bank, which is Diamond Bank. We are not allowed to use withdrawer slip expect if you are withdrawing 15k and above. We don't have good ATM Machine inside school, even to get to the bank we have to board a bike. Now friends, You see how we suffer in Futo, standing under the sun just to get our money o.

Life must go on..

http://www.patogist.com/2017/01/see-long-queue-at-futo-diamond-bank-pics.html

alphonsojaybaz:


http://www.eyesoflagos.com/2017/01/frsc-releases-6-documents-every-driver.html

PrettyCrystal:
See more >>> http://www.nationalhelm.net/2017/01/is-this-right-see-what-was-done-to.html

KENNING2010:


http://punchng.com/buharis-health-president-address-nigerians-says-nlc/

anonymuz:
but Freeze is correct cos I saw the downfall of MMM before the crash.

jaylister:
More
http://www.hygist.com/2017/01/mmm-oap-freeze-reacts-to-chuddy-ugorji.html

jogojogo:


The media needs to step up as it is obvious they losing the fight. You could observe that media tempo has been doubled....yet MMM is picking up

chemystery:
If you read the last sentence,

that was what we anti-MMM crusaders were doing before we were tagged enemy of progress.

conductor1:
A video of a female fan collapsing while a male fan wept uncontrollably as 5 Star singer Kcee performed in Tanzania has been watched over 10,000 times on Instagram.

The event was the Wasafi Festival at SAMORA Stadium, Iringa, Tanzania on Tuesday night. Some people are of the opinion that the act looked staged.

What do you think? Watch the video and tell us:



https://www.youtube.com/watch?v=7zZGgbkhNcM

Source: http://www.somtoo.com/2016/12/video-fan-faints-on-stage-as-kcee.html

adonbilivit:
Nairaland please allow MMM to die before you bury it na. Nairaland crashed sometime last year And came back stronger. Linda ikeji's blog was shut down by google few years ago but she bounced back. let's atelast wait till January 13th...

the coming back of MMM depends on how many people are willing to provide help when the mavros are unfrozen. will you provide help in January if you are matched on the day MMM returns? likes for yes, shares for no

Number2:
two days ago I was sitting down on my own in church when one of our pastors in my youth church called me out, only for this man to say that I should go and clear my beards... I asked him why, and he was like, 'have you seen the General Overseer of this church keeping beards,' is not good for Christians to keep beards and that I should go and clear my well shaved beards, the same pastor told my younger bro that he don't want to see him with beards again or else....

'no be say the tin rough o like mad man own o'.. hmm. na wa oo... and it got me wondering, what has beard got to do with my salvation... Dats how some churches loose their youths to another church over little things... God help us

Ranchhoddas:
Abeg who understand this thing make him explain am well.