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MVLOX's Posts

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Politics › Re: Dino Melaye, George Weah And Toyin Saraki Pictured Today by MVLOX(m): 9:26pm On Oct 01, 2016
I will be back like commando
Jobs/Vacancies › Re: WAEC Invites Applicants For Aptitude Test. by MVLOX(m): 8:58pm On Oct 01, 2016
Akerry:
A good application letter
......Five O level credits at a sitting which must be May/June WAEC
........Atleast Upper credit in OND or NCE


got this from a reliable source....In other news, someone should help me with The aptitude test past question
And y do u tink most us who haven't received invites didn't do same? Anyway congrats cha on been invited I wish u well in the interview....
Jobs/Vacancies › Re: WAEC Invites Applicants For Aptitude Test. by MVLOX(m): 7:17pm On Oct 01, 2016
donogaga:
Via sms.

Am very sure a lot of applicants won't be invited for the aptitude test just because of the manner in which their handwritten application letter was presented.
and hw was urs presented that made dem invite u?
Jobs/Vacancies › Re: WAEC Invites Applicants For Aptitude Test. by MVLOX(m): 11:44pm On Sep 30, 2016
I applied 4 exam officer 2 general duties but haven't gotten an invite ooo. Tru wat medium did dey receive d iv? Text or email?
Phones › Re: Reply TECNO Got From Nigerians On Phantom 6and 6plus Price by MVLOX(m): 10:56pm On Sep 30, 2016
Na wa for Nigerians ooo... Na once dey baptize and Christian d new techno phantom 6 and 6plus phones to Gionee M5 phone ooo....shuuu...naija I dey hail ooo
Food › Re: Python Killed And Eaten In Okumagba, Warri (Photos) by MVLOX(m): 4:11pm On Sep 29, 2016
Ahhhh I too believe Okumagba boys... Dem no dey dull... Mehn I sure still miss d area where I was born and given the training to face a hard naija...
Politics › Re: Edo Governorship Results In Tabular Form As Announced So Far by INEC by MVLOX(m): 1:22pm On Sep 29, 2016
How does dis result make the economic come out of d mess its currently in nw.... Just passing by cha
Car Talk › Re: Policeman In Ojota Assists With A Vehicle Causing Traffic - Photos by MVLOX(m): 1:59pm On Sep 28, 2016
There are gud police in naija ooo but its the bad eggs make up 99.9 percent of the force which may soon change to service
Investment › MMM: Russian Ponzi Scheme From1990s Reborn, Spreading In Africa by MVLOX(op): 7:52am On Sep 28, 2016
Members insist the scheme is totally transparent – but it has been repeatedly condemned by authorities

Thousands of investors are feared to
have lost their money after a pyramid
scheme run by a convicted Russian
fraudster crashed, somewhat
predictably, in Zimbabwe.
MMM Global has swept across Africa,
with branches promising returns on
investment of 30 per cent a month in
South Africa, Zimbabwe, Nigeria and
some east African states.
It is masterminded by the former
Russian politician Sergey Mavrodi, who
went on the run when the original
MMM – standing for Mavrodi Mondial
Moneybox – collapsed in the late
1990s, losing investors an estimated
$100m.

On its website, MMM Global
unashamedly advertises itself as a
scheme whereby new members
“assist” older members by paying a fee
to join. Older members are allowed to
withdraw money after a certain period
of time, and receive bonuses for
encouraging others to sign up.
Mavrodi himself is reported to have
gone into hiding after a separate entity
designed to reward investors with the
cryptocurrency bitcoin – dubbed the
“Republic of Bitcoin” – folded in April
this year.

And since then, a criminal investigation
has been launched into MMM Global’s
branch in South Africa, after a probe by
the National Consumer Commission
“found something” to suggest the
scheme was acting illegally .
With Zimbabwe’s traditional financial
institutions in jeopardy and the country
gripped by an economic crisis,
thousands turned to MMM Global as an
investment that was avowedly
independent of government control.
That’s despite a warning from the
Reserve Bank of Zimbabwe that the
scheme was fraudulent. RBZ warned
members of the public that existing
investors were “paid money not from
genuine market investment of their
funds, but from contributions made by
new investors, until a point when the
scheme can no longer attract new
investors”.

Sure enough, users reported being
unable to withdraw any funds earlier
this month. One told The Herald
newspaper: “When we started putting
our funds in the scheme one could get
assistance within seven days but things
later changed to 14 days and when we
were shut out the waiting period was
21 days.
“What it simply means is that the
number of people in need of help has
outnumbered the number of people
joining. Right now we have nowhere to
get our money which we invested.”
Despite the cautionary tales of
Zimbabwe and South Africa – and
indeed the original MMM scheme – a
branch is now proving increasingly
popular in Nigeria.
The Central Bank of Nigeria has been
forced to step in, warning consumers
not to deposit money in any institution
that is not insured by the Nigeria
Deposit Insurance Corporation (NDIC).
The bank’s comms director, Isaac
Okoroafor, described MMM Global as
“a new Ponzi scheme … that is
spreading like wildfire”.

“These people always come with very
interesting propositions,” Mr Okoroafor
said. “These are fraudsters who are
just out there to collect people’s money
and run away as soon as they hit their
target.”
MMM Global’s members across Africa
continue to defend its legitimacy,
publishing screengrabs showing
withdrawals as proof the scheme pays
out.
In South Africa, where a Ponzi scheme
is defined as any investment where the
return is 20 per cent higher than the
repo rate (currently 7 per cent), an
anonymous member told business
website Fin24: “MMM honestly tell
people how it really works and do not
promise people any return on the
investments.
“As a donation programme, how is it
possible to lose your donation? In
MMM people ask each other to help
them. It depends on the members
themselves to maintain the
continuation of the process of the
provision of help to each other.”
A number of South African banks have
now started shutting down accounts
they believe could be linked to MMM,
while in Zimbabwe the trusted mobile
money transfer company EcoCash has
distanced itself from the scheme,
saying it is “not liable for any losses
arising from the use of EcoCash to
engage in illegal activities such as Ponzi
schemes”.

Even with all this facts and findings you can trust Nigerians to always still get involve and later blame the Devil or village people for their misfortunes.

Source:www.independent.co.uk/news/world/africa/mmm-global-russian-ponzi-scheme-from-1990s-reborn-and-now-spreading-like-wildfire-in-africa-a7333366.html?cmpid=facebook-post
Romance › Re: 9 Ways Ladies Behave When They Are No Longer Virgins by MVLOX(m): 7:28am On Sep 28, 2016
Lol na true ooo but u forgot number 10. They turn to hustle by doing runs while looking for a gud guy to hook demselves to as a choice of a life partner.
Romance › Re: A Police Station In Kaduna (photos). by MVLOX(m): 7:20am On Sep 28, 2016
Dem even get official van self so dem try na
Investment › Re: Thousands Of Zimbabweans Losemoney As MMM Crashes by MVLOX(op): 2:18pm On Sep 27, 2016
EKPETI:
Op, get ur news right. It did nt crash. What is ur problem with MMM? Did dey force u to join? Haba.....
Its either u re blind to ther fact dat there is a source down there at d bottom or u can't read...
Family › Re: Can I Start A Family With 70k? by MVLOX(m): 10:54am On Sep 27, 2016
Y not I will even start a family with 40 - 45k a month self
Investment › Thousands Of Zimbabweans Losemoney As MMM Crashes by MVLOX(op): 9:52am On Sep 27, 2016
THOUSANDS of people, among them civil servants and vendors, have lost thousands of dollars to fraudulent online pyramid scheme MMM Global Zimbabwe after it collapsed recently. The social financial network, which relied on an accelerating number of new members to pay off the old, abruptly terminated its services last week leaving participants stranded. This comes as Econet’s mobile financial service platform, EcoCash yesterday distanced itself from the pyramid scheme. Participants claimed they were using EcoCash for their transactions. Zimbabweans have in the past months been joining the online investment scheme in droves in a bid “to get rich quickly”. The Reserve Bank of Zimbabwe warned people that the scheme was fraudulent and there was no legal recourse in the event they lost their money. The central bank said MMM, which advertises its operations through a website and recruiting agents, was not a registered or regulated entity. EcoCash yesterday said: “We have noted that some of these pyramid schemes are allegedly advertising in a manner that suggests that the Ecocash facility is a medium for prospective members to deposit their money. This is not correct. “We advise our valued customers and all stakeholders that Ecocash is a licensed mobile payment platform that enables customers to make financial transactions such as sending money, buying prepaid airtime as well as paying for goods and services within the confines of the law of Zimbabwe. EcoCash promotes safe and legal transactions but will not be held liable for any losses arising from the use of EcoCash to engage in illegal activities such as Ponzi schemes.” The scheme advertises itself as a mutual aid fund under which recruited members contribute money to assist others and are promised investment returns of 30 percent per month. Some of the people left counting their losses told The Herald that they received emails that the scheme had been suspended until September 15. “All along things were moving in the right direction and we now have nowhere to claim our investments,” said Mr Tinashe Muza of Harare. “When we started putting our funds in the scheme one could get assistance within seven days but things later changed to 14 days and when we were shut out the waiting period was 21 days. What it simply means is that the number of people in need of help has outnumbered the number of people joining. Right now we have nowhere to get our money which we invested.” MMM stands for Mavrodi Mondial Moneybox and takes its name from its founder, Sergei Panteleevich Mavrodi of Russia. He founded MMM in 1989 and the scheme was declared bankrupt three years later leading to the disappearance of Mavrodi until his arrest in 2003. Another victim, Mrs Rosemary Mawonde said: “We never thought the scheme would end this way as we believed that by using EcoCash to do the transactions, things were in order. I am surprised that EcoCash is also distancing itself from the scheme and it is clear that I will never recover the $300 that I invested.” While some people who were skeptical about the scheme started with small amounts, it is believed some poured in thousands of dollars anticipating higher returns. The RBZ said the schemes were fraudulent as existing investors were ‘paid money not from genuine market investment of their funds, but from contributions made by new investors, until a point when the scheme can no longer attract new investors,” “The participants are made aware that they make their money by recruiting new members who in turn must recruit more members,” warned the Central Bank.
Source-Herald
iharare.co.zw/thousands-of-zimbabweans-lose-money-as-mmm-crashes/
Romance › Re: How Many Of You Are In A Relationship Without Sex? Share Your Experience by MVLOX(m): 8:41pm On Sep 23, 2016
ibietela2:
Congrats
Thank u....
Family › Re: Oyinbo Man And His Nigerian Wife In Lovely Photo by MVLOX(m): 4:01pm On Sep 23, 2016
Lovely
Romance › Re: How Many Of You Are In A Relationship Without Sex? Share Your Experience by MVLOX(m): 8:47am On Sep 23, 2016
ibietela2:
That's is why there are contraceptives (condom and the rest)
Bros we knw. Dats y I said its all about the mind set. We just don't want anytin to go wrong. Afta we are planning and preparing for our marriage. Why hurry over something that u practically will get tired of doing in the nearest future? In oda words why run when u can opt for just strolling or walking? Bros we have chosen to walk and enjoy the walk at that.
Romance › Re: How Many Of You Are In A Relationship Without Sex? Share Your Experience by MVLOX(m): 6:53am On Sep 23, 2016
ibietela2:
So what you are saying is that your family issues is because of they had sex?
Nope all am saying is dat we don't want to complicate our own situation by having sex related issues like STDs, unwanted pregnancies etc
Romance › Re: How Many Of You Are In A Relationship Without Sex? Share Your Experience by MVLOX(m):
I am currently in my 1st and no sex relationship for barely more dan a year nw. Am 28 she is 26. We both are virgins, been friends for more than 12 years nw and are more than ever resolved to keep it that way until we get married hopefully next year. We both have similiar stories as both our families have some really awful history of unhappy family life, parental breakups and spousal abuse which we hopeful plan to avoid first by staying away from sex while we are still dating and not married yet. A no sex relation can work it all depends on the mind set of both parties involved
Romance › Re: When Did You Have Sex Last??? by MVLOX(m): 7:03am On Sep 22, 2016
Ehhh lemme check......ok nw I remember..... I haven't don't that before..... #Teamvirgin #TeamInodeywahala #Teamaftermarriage
Education › Re: 10 Hilarious Differences Between Men And Women by MVLOX(m): 7:08am On Sep 21, 2016
So true
Foreign Affairs › Re: An Epic Reply To Donald Trump's Tweet - A Hit Or A Miss? by MVLOX(m): 5:45am On Sep 19, 2016
Hit back to back to back to back to back to back to back ........... and still hitting to back......
Romance › Re: Is This Why Ladies Are Finding It Hard To Settle Down? (photo) by MVLOX(op): 11:05pm On Sep 13, 2016
oluwalewis:
God bless ur luv
Tank u sir...... She sure will get ur msg
Romance › Re: Is This Why Ladies Are Finding It Hard To Settle Down? (photo) by MVLOX(op): 8:03pm On Sep 13, 2016
oluwalewis:
Hope u r enjoyin ur sallah with the love of your life in a romantic way
Honestly we did ooo was there yesterday and 2day.... It was fun really
Education › Re: UNIBEN Student Kept All The Pens He Used Till Graduation (Photo) by MVLOX(m): 4:17pm On Sep 12, 2016
dis guy/babe would make a very gud accountant
Romance › Re: Is This Why Ladies Are Finding It Hard To Settle Down? (photo) by MVLOX(op): 7:15pm On Sep 11, 2016
oluwalewis:
A little romance won't destroy your agreement,remember the economy isn't friendly and her best way of keepin herself together irrespective of the recession is with u.
It's just a mild fun, u nt givin her d fun nw isn't as a result of ur vow bt u r REALLY nt d ROMANTIC type. PLS feel free weneva u r wit her cos it makes relationshp lively n always young
Ok sir I will surely do my best to improve.... Sorry cha 2day we where suppose to hang out but chelsea match no make me show up...we call her to apology den make it up to her 2mao been a public holiday by cooking and taking it her.... Dats ROMANTIC I guess...
Romance › Re: Is This Why Ladies Are Finding It Hard To Settle Down? (photo) by MVLOX(op): 2:51pm On Sep 11, 2016
oluwalewis:
As long as you and sunshine don't sometimes act weirld irrespective of the environment,i will say you are not truly in luv cos true lovers act unconsciously whenever their partners are around as they are mostly led by emotions.

I'm sure ur boo sometimes question ur luv for her. She loves u and don't push her away to another man's arms with your actions
You are very correct..... Truth is dat I prefer to visit her at her family house where nothing can go wrong, but even at that she still does her very best to touch and caress me dis days I just go with the flow as I knw she wouldn't go over board. Sometimes she does some special things for me or she is so naturally beautiful without makeups and I feel like kissing her but my emotions are quick to say guy calm down so dat ''few drops of water don't turn into a rain dat turns into a storm''. We are both determined to remain cherish until afta marriage.

As for me pushing her away cuz of my actions its rather the opposite, as she loves me more knwing dat I can very well control my emotion around ladies, d truth is dat I hardly can stand ladies and their excesses. She is my 1st and God willing only lady I babe/wife I will ever want and need. I wish more ladies were like her.
Education › Re: What Happens When Your Course..is Nt Accredited? by MVLOX(m): 2:38pm On Sep 11, 2016
saintkeppy:
. No, but u fit runz am naw! R u new in this country? Nottin' is impossible in Naija my beloved kontry, as long as u hold the Benjamin. Just graduate 1st, when u get 2d bridge u will cross. #noshaking
I said this cuz dis issue delayed the class of 2014... Dey only went on service afta temporary accreditation came back
Education › Re: What Happens When Your Course..is Nt Accredited? by MVLOX(m): 2:37pm On Sep 11, 2016
Potch:
If your course already had a temporary accreditation when you were admitted into your programme, the purported withdrawal of such status after you are already in the department will not affect you. However, if the accreditation has been withdrawn before you gained admission into the department, it will affect you unless your department is able to regain its status before you graduate and of course it is dicey.
I said this cuz dis issue delayed the class of 2014... Dey only went on service afta temporary accreditation came back
Education › Re: What Happens When Your Course..is Nt Accredited? by MVLOX(m): 2:36pm On Sep 11, 2016
donbrowser:
That's impossible. The only issue is if the school itself is not registered.
I said this cuz dis issue delayed the class of 2014... Dey only went on service afta temporary accreditation came back
Romance › Re: Is This Why Ladies Are Finding It Hard To Settle Down? (photo) by MVLOX(op): 11:55am On Sep 11, 2016
oluwalewis:
I DISAGREE IN CAPITAL LETTERS.
It all balls down to d partners and d captain of d relationSHIP btw d partners
Explain please

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