₦airaland Forum

Stop spreading rumors that are not real

jbcul4ril:
TVC E. Zimbabweans are in a financial trauma at the moment as their saving with Mavrodi Mondial Moneybox (MMM) crashes, all thanks to the popular Ponzi scheme called MMM established by Sergey Panteleevich Mavrodi a Russian criminal and a former deputy of the State Duma..

Thousands of people living in Zimbabwe, among them civil servants, vendors and more, were said to have lost thousands of dollars to fraudulent online pyramid scheme MMM Global Zimbabwe after the system collapsed recently. The social financial network, which relied on an accelerating number of new members to pay off the old, abruptly terminated its services without any prior notice last week leaving participants stranded.

News gotten from Iharare.co reports that these Zimbabweans joined the online investment scheme with the sole aim of “getting rich quickly”.

It was said that the Reserve Bank of Zimbabwe warned its people about the system, saying the scheme was fraudulent. The scheme prides 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.

One of the participants, Mr Tinashe Muza of Harare said: “All along things were moving in the right direction and we now have nowhere to claim our investments. 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.”

The Mavrodi Mondial Moneybox 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. 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.”

Sergey Panteleevich Mavrodi is a Russian criminal and a former deputy of the State Duma.

He is the founder of the МММ series of pyramid schemes Currently, the scheme is in Nigeria and it is called MMM – Federal Republic of Nigeria. Lots of Nigerians are on the scheme and the scheme actually works (just like how it was working well at first in Zimbabwe). MMM Nigeria, is a Ponzi scheme that originated in Russia that has now set up in Nigeria.

Wikipedia says the company was involved in one of the biggest Ponzi schemes in the 1990s. It was estimated that thousands of people lost up to $10 billion dollars. Well, a lot of people think the scheme is legit and not a scam but the history of the company says the opposite. Only time will tell.

What is your take on this?

obowunmi:
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jenny88:
http://benedictboniface..com/2016/06/making-money-tips-as-student-in-campus.html

Students can also make extra money from mmm nigeriaMMM
--> Is a community where people provide and get help.
This Is not networking or investment but a community.
It started since for 2011 in other countries but lately in Nigeria and is in more than 200 countries running

--> It's a very simple program!!
We provide and Get help, and that is it!

--> You can try it out with 2000 naira for a month, to get practical knowledge.

--> After that, you can PH with whatever you can afford.

--> You earn 30% of every help you provide monthly. E.g you Provude Help of 2000 naira, you earn 2600 naira after a month. Simple! no bank will give u this yet they run on similar strategy.

--> You also have the option to provide help of your Principal Amount PLUS or minus interest again to earn another 30% after another 30 days.

--> So you can keep Providing and Getting help every month to increase your earnings.

--> You don't need a single referral to earn!

--> But if you refer, you earn 10% direct referral bonuses.. E.g if you refer someone that Provides help of 20,000 naira, you earn 2,000 naira straight.

--> Your referral bonuses also earn 30% on it monthly.

--> In MMM, we don't have a central company account, so all transactions are direct between members!! You pay directly to someone's account when you provide help and get an order.. The same happens when you get help too.. People pay directly to your own account directly.
--> So its a win-win platform.

Remember this too:-
For every PH donation within this below range, you get a one-time registration bonus...

11,000naira to 109,780naira - $20 bonus

110,000naira to 659,780naira - $50 bonus

NOTE:
It does not collect your money up front !!!

It pays you directly to your bank account!!!

Join the Community of Providing and Getting Help.

How does MMM generate 30% to pay participants?

This is a question that can never stop being asked. I have tried explaining this severally BUT its like "magic" to so many. I understand everyone's fears that's why I will break it all down further mathematically below.


Let's say,

100 donations came in from 100 participants @2,000naira each = 200,000naira

In order for the 100 donations to be paid their 30%, that means 60,000naira extra donations must come in.

The BIG QUESTION is then how?

Here it is:-
The 60,000naira wld come in through:-

(1.) Regular GH and re-PH from the 100 donations done by the participants.

Here is d maths:-
50 participants GH all their earnings + Principal donation = 130,000naira.

Total left over PH balance = 70,000naira

The remaining 50 then needs 60,000naira to get their own 130,000naira paid too.

The first 50 paid 130,000naira total then re-PH back their 100,000naira (maybe keeping back their total profit of 30,000naira)

That then adds up to the 70,000naira available to pay the 50 participants left (130,000naira).

++ So, the cycle continues on and on for as long as the principle of Regular GH and re-PH remains!!! +++

This is just d same Principle Banks work with. That is why it is possible for just a deposit to serve 10 - 20 withdrawals.

And they pay you little interests for using your money to keep the redistribution process going!!

++NOTE+++
Don't come and do "Hit and Run" - The one u GH'ed and ran away with will soon finish and u will have to start all over again when coming back!! Why not just relax and earn for a longer period.

So whether new donations comes in OR not, the process of providing and getting help can continue for as long as all participants knows the whole process depends on their actions or inactions!!!


Secondly

(2.) New donations coming in through participants referring others to the community. This keeps the system consistently growing!! Every business (offline/online) needs new sales to survive..



Yes - MMM provides NO Guarantee and we all donate ONLY our "Spare Money"

BUT sincerely it can go on for as long as we all want since we all make the Community what it is!!


Always remember that in MMM there is

++ No Company Account!! Mavrodi can't wake up one day and ghost off with the money since we are not paying to his account.

++ You bank account/bitcoin wallet is MMM's account.


MMM's strength is the IDEOLOGY above that I broke down mathematically!!!

You can log in the below link to get registered or you have any further question to ask,add me on whatsapp
08098902230
http:///?i=dapson24ng@yahoo.com

MMM
--> Is a community where people provide and get help.
This Is not networking or investment but a community.
It started since for 2011 in other countries but lately in Nigeria and is in more than 200 countries running

--> It's a very simple program!!
We provide and Get help, and that is it!

--> You can try it out with 2000 naira for a month, to get practical knowledge.

--> After that, you can PH with whatever you can afford.

--> You earn 30% of every help you provide monthly. E.g you Provude Help of 2000 naira, you earn 2600 naira after a month. Simple! no bank will give u this yet they run on similar strategy.

--> You also have the option to provide help of your Principal Amount PLUS or minus interest again to earn another 30% after another 30 days.

--> So you can keep Providing and Getting help every month to increase your earnings.

--> You don't need a single referral to earn!

--> But if you refer, you earn 10% direct referral bonuses.. E.g if you refer someone that Provides help of 20,000 naira, you earn 2,000 naira straight.

--> Your referral bonuses also earn 30% on it monthly.

--> In MMM, we don't have a central company account, so all transactions are direct between members!! You pay directly to someone's account when you provide help and get an order.. The same happens when you get help too.. People pay directly to your own account directly.
--> So its a win-win platform.

Remember this too:-
For every PH donation within this below range, you get a one-time registration bonus...

11,000naira to 109,780naira - $20 bonus

110,000naira to 659,780naira - $50 bonus

NOTE:
It does not collect your money up front !!!

It pays you directly to your bank account!!!

Join the Community of Providing and Getting Help.

How does MMM generate 30% to pay participants?

This is a question that can never stop being asked. I have tried explaining this severally BUT its like "magic" to so many. I understand everyone's fears that's why I will break it all down further mathematically below.


Let's say,

100 donations came in from 100 participants @2,000naira each = 200,000naira

In order for the 100 donations to be paid their 30%, that means 60,000naira extra donations must come in.

The BIG QUESTION is then how?

Here it is:-
The 60,000naira wld come in through:-

(1.) Regular GH and re-PH from the 100 donations done by the participants.

Here is d maths:-
50 participants GH all their earnings + Principal donation = 130,000naira.

Total left over PH balance = 70,000naira

The remaining 50 then needs 60,000naira to get their own 130,000naira paid too.

The first 50 paid 130,000naira total then re-PH back their 100,000naira (maybe keeping back their total profit of 30,000naira)

That then adds up to the 70,000naira available to pay the 50 participants left (130,000naira).

++ So, the cycle continues on and on for as long as the principle of Regular GH and re-PH remains!!! +++

This is just d same Principle Banks work with. That is why it is possible for just a deposit to serve 10 - 20 withdrawals.

And they pay you little interests for using your money to keep the redistribution process going!!

++NOTE+++
Don't come and do "Hit and Run" - The one u GH'ed and ran away with will soon finish and u will have to start all over again when coming back!! Why not just relax and earn for a longer period.

So whether new donations comes in OR not, the process of providing and getting help can continue for as long as all participants knows the whole process depends on their actions or inactions!!!


Secondly

(2.) New donations coming in through participants referring others to the community. This keeps the system consistently growing!! Every business (offline/online) needs new sales to survive..



Yes - MMM provides NO Guarantee and we all donate ONLY our "Spare Money"

BUT sincerely it can go on for as long as we all want since we all make the Community what it is!!


Always remember that in MMM there is

++ No Company Account!! Mavrodi can't wake up one day and ghost off with the money since we are not paying to his account.

++ You bank account/bitcoin wallet is MMM's account.


MMM's strength is the IDEOLOGY above that I broke down mathematically!!!


http:///?i=dapson24ng@yahoo.com

tolexy007:
Saraki kan, Ilorin kan Nice one Mr President.... so shall we begin now?




let me go reactivate my dormant UBA bank acc, cant wait to start collecting my monthly 5k as promised







God bless Nigeria

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Permanent solution for Kaposi's sarcoma,diabetes and rheumatoid arthritis.

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