drizzymadbet:


MMM cannot do their shit in the US or other serious European countries cos they know they would be busted, it is only in Africa here they know poverty is ravaging the masses that they would pitch their tents.

If we had a government who cares for the masses, this scheme would be banned

and who informed u dt mmm is nt in usa or other serious euro countries? Can u just gv a list of d countries operating mmm? Let just stop condemning in d hard way..

drizzymadbet:

whats ur predictn for today's uefa final..

tarajohn:
@drizzymadbet, first off, for you to make a honest review or judge something, u must have used or been involved with that thing. Its obvious I've never been involved in MMM as your posts shows you don't know much about this opportunity.

Secondly, MMM is not a scam, an MLM, HYIP, Bank or Investment company. MMM is a DONATION COMMUNITY where members have decided to help themselves gratuitously, without collateral, provide financial help to each other.

Thirdly, MMM advertises because of the way it works. Even the Banks and organizations do aggressive advertising. Even the banks need more customets to survive. MMM operates the way a stockvel operates. The point is, whose money has Sergei Mavrodi stolen. No member of MMM , anywhere in the world gives hus or her money to Mr. Mavrodi. When u join MMM, u do not give your money to MMM. MMM or MMM founder Mr Mavrodi, I repeat, does not collect a dime from anyone anywhere in the world. We members give money to each other. We pay directly into the others Bank account. ....so how does Sergie run away with your money. Please answer this @drizzymadbet.

MMM has enemies, the politicians, the banks, government and press. Why? Please go do your research very well. Then u will find the answer. I want u to go do that research, when u find it, only then you'll be convinced to join MMM.

Mr. Mavrodi has made his money way back before MMM. His aim and ideology about MMM is to fight against the unjust financial system of the world; which makes the poor poorer and rich richer thought its the poor who does the hard work. The Bank takes your money in the pretence of keeping it for you. You keep it there for years. How much do they give u as interest Peanuts! Mr Mavrodi belives no government can make the masses rich, no politician or rich person will come to make you rich. He believes, the masses must take the bull by the horn by helping each other and that is why he put this system in place for everyone to take advantage of. Again. Mr. Mavrodi nor MMM does not collect money on his website or from anyone. Mr. Mavrodi is a Mathematician, a programmer and he only set up this system to help the masses. MMM has changed my financial status!!!

Mmm has been in existence for five years in over 100 countries of the world. #mmmpays. It has been paying everyone for five years. #MMM has paid me severally, I've lost count. #MMM is NOT A SCAM!

Call/whatsapp me +2348171841884

Of all the comments I have replied so far, you were the most objective. you tried making your points instead of raining in insults I appreciate that.


On the first point you made. I know how the system works, I don't really want to go into details but I can tell you that the schema works at least for now, the signing on, referral bonus, and the happiness bonus all works. I had a neighbour who got over sixty thousand naira in 30 days after pledging 200000(someones money left in her care). so I know how the stuffs work 100 percent.

on the second point you raised, pyramid schemes over the years have been evolving to beat people's suspecting lenses. even in the UniTed states where MMM cannot do businesses, there were pyramid schemes that the government couldn't stop because they never knew that was how they operate until they pack peoples money. Babe I didn't say they are a scam or the other names you listed but till date no body here have proven that its not a pyramid scheme.


Yeah banks do aggressive marketing from the percentage of the profits they make quarterly. Were do Mmm get the money to conduct aggressive ad campaign. Where do they make the money that they pay guiders to conduct seminars and workshops for them? or is it still part of the philantropism that people are made to believe. Take this hard pill, Mmm profits from the system.


Babe dig into the history of the owners and you would see that the owners of Mmm made their riches from similar pyramid schemes they successfully defrauded people of their hard earned cash in the past. Google on pyramid schemes and how it works and then google Mmm and gimme feedback.

yeah mmm pays, but for how long ? how as much as new entrants enter the scheme, Any day new entrants stop entering the business, that would be the elastic limit and that would be the day it would come tumbling like a pack of cards

Democivil:
may b the guy is a banker.... stupid idiot.

I am not a banker, just an ordinary civil servant. next time act a bit of ur username by acting civil and dont swear on someone who don't share the same views as yours

exceedingrace64:
Why not find out first, how the Programe works before coming here to make a mockery of yourself. from your explations,its obvious you don't have an understanding on how it operates.The business is not for people like you.

reread my post and my recent comments and see for yourself whether I am ignorant of the scheme

Democivil:
infact, am feeling like strangulating the guy... dont even know what to say to him. enemy of progress.

I would pass, no be when you know where I dey Na u fit strangle me. Keep ranting, me dey ma lungu

shocker007:
You all need to know the history of MMM before attacking OP visit https://en.m.wikipedia.org/wiki/MMM_(Ponzi_scheme_company)

Incase you could select and visit the above full link use this http://encc.pw/aHR0cDovL2JpdC5seS8xVTladWJ0

We don't do research we just leap, that is the bane of Nigerians. But why would I blame anyone, the country is really difficult for the masses, any way Na sure way from this quagmire

shocker007:


I am only explaining what OP meant to everyone in the right way. MMM would soon be banned in Nigeria if the FG care.
Believe me, i have been in the business for long to know how this things works.
The fact is that MMM will be gone sooner or later but the gain is; don't get caught up at the middle of that.

The MMM guy have been jailed lotta time for monetary crimes in Russia and afterwhich his program was banned.

My advice for you is to never vouch for them when introducing it to anyone, because you might end up in debt. Make sure everyone make payment by themselves and not through yourself. (Just an advice)

a straight objective analysis, for those who play smart, they can make money out of the system and run when the system still works, Dooley they system would come crashing, more powerful and sophisticated ones did crash, mmm would also crash in due time

Tweetums:

Mind you mmm is not an investment...
Mmm is a community of ordinary people who are helping each other to be financialy free by giving donation/provide help.

I'm sure Na football bet you they spend ur money, and want to make #4 millions with #100 in a day.... Mumu

hahahah that I try to forwarn Nigerians the dangers lurking in doing stuffs with mmm have made me a gambler in your eyes right. That's alright no shaking I don't gamble and would never will.

please my dear sister, thread carefully and know when you should exit from the system.

topeluvu:
whats ur predictn for today's uefa final..

hahaha funny dude, I ain't a prophet, Buh I have this affinity for athletico and would love them to win.

Fool.... did MMM request u or any other participant to pay money to its acxount? Mind u, there's no central account in MMM. So dias nothig like the Owner vanishing with ur money cos the Participants pay dorectly to one another.

This alone shows it is scam free ideology!

topeluvu:
lol, u go tel me if i don scam u bfo, yeye person..n wc expose did u reveal..its ppl like u dt wil bliv mmm is a scam..u dont need to b convinced, u can only b more confused..u better go bck to ur dictionary n find out d meaning of scam..raising force alarm, i doubt if u arent an agent sef, nothing good comes wt out rejectn preach..u can only condemn, bt can never praise.. And to u referin me to a scammer, u shal b scam throughout d rest of ur life..nairaland monkey..

The aggressive way you are reacting says it all...only idiots would be taken in by a scheme that is mathematically guaranteed to crash. You wouldn't be stressing yourself to defend the stupid scheme if it was actually 100% kosher. Good products don't need violent evangelism. Enjoy your stupidity.

einsteine:


The aggressive way you are reacting says it all...only idiots would be taken in by a scheme that is mathematically guaranteed to crash. You wouldn't be stressing yourself to defend the stupid scheme if it was actually 100% kosher. Good products don't need violent evangelism. Enjoy your stupidity.

okay, clap for yourself..

Lol, I think Op is just saying Nigerians should be careful as it is prone to crashing in the future

But should the fear of a possible downfall in the future stop me from making the best out of it today?

This is an opportunity and not all opportunities last forever.

My advice is, make the best out of it; Withdraw your incomes regularly to your bank accounts. And do not offer help with all the money you got. Don't get greedy and overly Ambitious.

#Catalyst4real

These fraudulent schemes keep evolving in several ways.

The Ponzi Scheme.

A Ponzi scheme (also a Ponzi game or a Ponzi)[1] is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent.

The Ponzi Scheme.

Ponzi schemes occasionally begin as legitimate businesses, until the business fails to achieve the returns expected. The business becomes a Ponzi scheme if it then continues under fraudulent terms. Whatever the initial situation, the perpetuation of the high returns requires an ever-increasing flow of money from new investors to sustain the scheme.[2]

The Ponzi Scheme.

The scheme is named after Charles Ponzi,[3] who became notorious for using the technique in 1920.[4] The idea, present in novels (for example, Charles Dickens' 1844 novel Martin Chuzzlewit and 1857 novel Little Dorrit each described such a scheme),[5] was actually performed in real life by Ponzi who with his operation took in so much money that it was the first to become known throughout the United States. Ponzi's original scheme was based on the arbitrage of international reply coupons for postage stamps; however, he soon diverted investors' money to make payments to earlier investors and himself.[2]

Source: https://en.wikipedia.org/wiki/Ponzi_scheme

Gush. How can Nigerians be this gullible. This is so pathetic. See the number of people brainwashed by this scheme. We are really backward. We are really lazy. The smart and hardworking develop schemes like this to fleece the lazy (those who only want money multiplied for them without putting in any hardwork) of their money. Will people make money from this? Yes, the lucky few. Will people be scammed? Yes the dull majority, of which a fraction of the lucky few belong to.

Catalyst4real:
Lol, I think Op is just saying Nigerians should be careful as it is prone to crashing in the future

But should the fear of a possible downfall in the future stop me from making the best out of it today?

This is an opportunity and not all opportunities last forever.

My advice is, make the best out of it; Withdraw your incomes regularly to your bank accounts. And do not offer help with all the money you got. Don't get greedy and overly Ambitious.

#Catalyst4real

one bottle of bear for you, that is simply what am saying. play smart and exit the system, if you know you can't do it that way or that you are greedy, then don't even near am

I got this from the website. Can someone explain. Coz I got a few questions!

WARNING!

There are no guarantees and promises! Neither explicit nor implicit.

There are neither investments nor business! Participants help each other, sending each other money directly and without intermediaries. That’s all! There's nothing more.

There are no securities transactions, no relationship with the professional participants of the securities market; you do not acquire any securities. (Do you need them? :-))

There are no rules. In principle! The only rule is no rules. At all! Even if you follow all of the instructions, you still may "lose". "Win" might not be paid. Without any reasons or explanations.

And in general, you can lose all your money. Always remember about this and participate only with spare money. Or do not participate at all! Amen. :-))

If this is not a business or an investment how then does someone make 30% ROI within a month?

Do you also need to involve others for your ROI to grow?

Catalyst4real:
Lol, I think Op is just saying Nigerians should be careful as it is prone to crashing in the future

But should the fear of a possible downfall in the future stop me from making the best out of it today?

This is an opportunity and not all opportunities last forever.

My advice is, make the best out of it; Withdraw your incomes regularly to your bank accounts. And do not offer help with all the money you got. Don't get greedy and overly Ambitious.

#Catalyst4real

that's a sharp nigga. he understood the drill and know how to handle the s.hit. he is a smart dude and I like him. he would know how to play his cards and would not be a victim when the chips are Down not like these other ones that would keep throwing tantrums and put all their life savings into the system and meet their Waterloo in no time

mhen!! to me i will like to show appreciation to everybody who contributed to this thread .Please my people don't take the op as an enemy of progress.you all know that in this life every venture involves risk and those who usually smile are those who take calculated risk.If you are interested in joining the MMM community,please and please just make sure you apply the money management principle.DO NOT COMMIT WHAT YOU CANNOT AFFORD TO LOSE.As for me i dey join this month ooo.MAY GOD ALMIGHTY PUNISH POVERTY !!!

VictorRomanov:
I got this from the website. Can someone explain. Coz I got a few questions!





If this is not a business or an investment how then does someone make 30% ROI within a month?

Do you also need to involve others for your ROI to grow?

if you actually read that from their website, that is more reason you should be careful when pledging money on the system. the 30 percent ROI claims are paid by members (new members). Now tell me how this can be sustained.

Lemme give you an analogy, let's assume I pledged 100,000 naira, after 30 days I should be getting 130,000 naira. About the same time I was able to bring 3 friends who registered under me and pledged 200,000 naira, I get a 10‰ referral bonus, meaning that I earn 20,000 on each of em and for bringing the 3 of em I would earn 60,000 naira referral bonus. Adding 60,000 naira to the 130,000 gives us 190,000.

When registering, one gets a signing bonus of 20 dollars depending on the money pledge and that's about 4000 naira. Add it to the 190,000 and you have 194,000 naira. how do u make ur money back? you ask for help of 194,000 and bam, they match u with members (preferably new members) who pledged help. That's a simple example, one makes a ROI of 94,000 within 30 days.

Now tell me how this can be sustained, yes they can sustain it by bringing in New members into the scheme, paying guides ridiculous sums to conduct seminars and make people join.

Bros if you think you can play smart and know when to exit the system, good else Dont join and get burned shikiena

drizzymadbet:


if you actually read that from their website, that is more reason you should be careful when pledging money on the system. the 30 percent ROI claims are paid by members (new members). Now tell me how this can be sustained.

Lemme give you an analogy, let's assume I pledged 100,000 naira, after 30 days I should be getting 130,000 naira. About the same time I was able to bring 3 friends who registered under me and pledged 200,000 naira, I get a 10‰ referral bonus, meaning that I earn 20,000 on each of em and for bringing the 3 of em I would earn 60,000 naira referral bonus. Adding 60,000 naira to the 130,000 gives us 190,000.

When registering, one gets a signing bonus of 20 dollars depending on the money pledge and that's about 4000 naira. Add it to the 190,000 and you have 194,000 naira. how do u make ur money back? you ask for help of 194,000 and bam, they match u with members (preferably new members) who pledged help. That's a simple example, one makes a ROI of 94,000 within 30 days.

Now tell me how this can be sustained, yes they can sustain it by bringing in New members into the scheme, paying guides ridiculous sums to conduct seminars and make people join.

Bros if you think you can play smart and know when to exit the system, good else Dont join and get burned shikiena

Good analogy. I appreciate.

topeluvu:
lol, u go tel me if i don scam u bfo, yeye person..n wc expose did u reveal..its ppl like u dt wil bliv mmm is a scam..u dont need to b convinced, u can only b more confused..u better go bck to ur dictionary n find out d meaning of scam..raising force alarm, i doubt if u arent an agent sef, nothing good comes wt out rejectn preach..u can only condemn, bt can never praise.. And to u referin me to a scammer, u shal b scam throughout d rest of ur life..nairaland monkey..

Am a participant of MMM and the truth is that OP is telling the truth the moment the people entering MMM is less than that going out MMM will fail. But before that AMA keep taking risk and get monthly income of 60k from my 200k help.I mean as a student who fit gimme that one