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Thousands Of Zimbabweans Lose Money As MMM Crashes - Business (3) - Nairaland

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Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by rio8484(m): 10:55am On Sep 26, 2016
shebi we dey tell them,them dey feel like say we be morons. investments wey no get structure
Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by motherfucker: 10:55am On Sep 26, 2016
rottennaija:
@op, look for a credible source
what credible source do you need again? Is that not a link from Zimbabwe?

3 Likes

Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by efilefun(m): 10:55am On Sep 26, 2016
Enjoy, i tried something similar before and will never advice my worst enemy to do anything related to this shiii, they hit you hard when you enjoying and feeling comfortable
Lilimax:
Why? We the MMM members knows that one day it'll crash but for now let's enjoy the offer... smiley

3 Likes

Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by adewumiopeyemi(m): 10:56am On Sep 26, 2016
[b]He that has an ear let him hear. NIGERIA PEOPLE NO GO LEARN...[/b]
Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by Teechawa: 10:56am On Sep 26, 2016
All these pyramid and quick money things easily trap the greedy. This MMM look similar to Wonder Bank that was popular some years ago. In these schemes you win small and lose big. Beware!

3 Likes

Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by Nobody: 10:57am On Sep 26, 2016
Decryptor:
And i was about to invest N50k into it this week. shocked

Do u know that 30% of 50k is 15k?
Instead of doing invisible investment with 50k to get a profit of 15k, why not use it to even trade pure water? I bet u'll get more thank 15k profit.

7 Likes

Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by IVORY2009(m): 10:58am On Sep 26, 2016
dominique:



No matter how much you warn them against investing in such schemes, they'll only call you enemy of progress. Till now, none of the MMM agitators has been able to explain exactly where the 30% profit on investment comes from. Even though some people made money out of the scheme, it is still what it is- a Ponzi scheme, and people will definitely lose money.

They will not listen, even wen its so clear that its scam, more and more people will still look for money to borrow and invest in the scheme, only to be expecting 30% dat will never come!
Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by weedfada(m): 10:58am On Sep 26, 2016
MMM will crash either by internal or external forces. This is the wrongest time for anyone to invest... I don talk my own o! After loosing millions in gold package which is a replica of this, I wouldn't advice anyone to go into this MMM. Ponzi Scheme of the highest order ni... 30% ROI "doing nothing" after 30days is outrageous!!! After speed, Greed kills.

6 Likes 4 Shares

Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by afanide: 10:58am On Sep 26, 2016
They warned them, but their greed wouldn't let their ears open cheesy cheesy cheesy



Meanwhile, Is it WISE to Go Into 'Exportation Business' now and forever as this is the BEST time to make some $$$ (dollar).

The Market for Nigeria Commodities is Hyper Responsive in International Market....

Check my signature......
Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by billyG(m): 10:59am On Sep 26, 2016
usmanktg2:
The worst thing is some of them in Nigeria here will still believe that this is a propaganda by CBN .

No free money ooo, No easy money in this life.
Get your axx to work
No easy money?Tell that to dasuki & beneficiaries.
Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by GoodSide: 10:59am On Sep 26, 2016
this message is coming from me.
i knew this shit was a scam
remember pennywise..pound foolish way back in about 2006 or there abt..ppl lost lots of millions
cause most nigerians are greedy

MMM
moneyMakingMAchine naija branch within a week
we wud hear a sad story dat dem don stop business and fold up abscond with greedy nigerians money.
quote me any day anytime.

watch greedy mofos both men and women
children.loose all they wealth due to greed.
due to dat MMM scam shit.

hahahahahahahaha.
wtf
Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by anigbajumo(m): 10:59am On Sep 26, 2016
econome:
When i read about the founder being tagged a criminal on Wikipedia, I laffed' and truthfully he had failed and defraud them all in every country he has gone to...


If you think or believe MMM wil not fall/fail in Nigeria,


I assure you when the CRASH arrives even MFM will not deliver you.

We already knw that it will crash one day but we just need to enjoy the risk for now.Am sure,it can't crash in the next 4month.....

3 Likes

Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by stagger: 11:00am On Sep 26, 2016
zopaks:
this can't happen in Nigeria.... our population is far above the number of participants in Zimbabwe... currently more than 700,000 members are participating in MMM Nigeria compared to just 150,000 in Zimbabwe.


Okay, I would give you a brief description in lay man terms of how it works


This is how it works, all the MMM participants help each other with spare part of their money. For instance if you register today, u will indicate d amount you can provide for help, once u done that, your money start growing (interest) immediately, but your actual money is still in your pocket, because MMM does not have a central account. After some days or weeks, d system will pair u with another member, that u should help d member with d amount u stated while registered, after some days another member will also help u with d amount u paid earlier and d interest, so it will start rotating like that.

When u request, u r matched with some one few minutes later.D person z given 48hrs to pay u.
So within two days u r paid


So what if all these news spook participants and the number of new "helpers" drop, falling below the numbers that request for help, what happens? I tell you that the scheme will collapse soon in Nigeria. It is just a matter of time.

4 Likes

Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by biz9ja(m): 11:00am On Sep 26, 2016
Anything MMM is scam. But for now I am still getting paid

6 Likes

Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by Donayobami1(m): 11:02am On Sep 26, 2016
grin grin grin some people will now be defending MMM as if they are the founder himself, in a matter of weeks it will be Nigeria sport-betting is even better. You guys should withdraw now while you can.

1 Like 1 Share

Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by ephi123(f): 11:03am On Sep 26, 2016
anigbajumo:


Hian,make I hold on first b4 I go bank coz I just matched with another participant wey I go pay now.I fink it can't crash in Nigeria like that coz of the population factor which influence the rapid growth in investment. It can only crashes if people are no more participate and participants were withdrawing their money.......

Anyway, life itself is a risk.

Which investment? That is one of the things people have criticized about MMM, no one knows how the income is generated. Maybe na blood money sef cheesy

1 Like

Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by lohresloco: 11:03am On Sep 26, 2016
Money when I done chop tire. 9 million in total since may. Dey there, people don build house with am, dey slow, say na Buhari go save you. Even if MMM close now, I don dey, it's helped my business to a level I couldn't have anticipated. And yes there is risk. And yes the money sweet. Your choice
prof1990:
Some greedy people won't still listen. Some will still blame buhari for this
Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by Maxi112: 11:03am On Sep 26, 2016
I'm scare, I got a message to pair with somebody


I don't know if I should continue
Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by beaversticks(m): 11:04am On Sep 26, 2016
Those guys r waiting for a lot of people to fall in....then they go
Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by Mattex001(m): 11:04am On Sep 26, 2016
The much waited train wreck!

Nigerians should get ready!

Unfortunately this ain't like stocks or other type of investment instruments that you can easily sell your investment due to future speculations of a major decline in its value

Just wait for it to hit you hard!

Although I know a few guys that benefited from MMM

2 Likes

Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by southernbelle(f): 11:04am On Sep 26, 2016
He who has ears to hear, let him hear...

1 Like

Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by bhankie(m): 11:05am On Sep 26, 2016
Is Helping Hands International (H2i) one of the MMMs the CBN warned against?
Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by Lilimax(f): 11:05am On Sep 26, 2016
efilefun:
Enjoy, i tried something similar before and will never advice my worst enemy to do anything related to this shiii, they hit you hard when you enjoying and feeling comfortable
The more reason you shouldn't use your life savings for MMM. Use the amount of money you can bear should anything go wrong. smiley

2 Likes

Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by lohresloco: 11:05am On Sep 26, 2016
Money when I done chop tire. 9 million in total since may. Dey there, people don build house with am, dey slow, say na Buhari go save you. Even if MMM close now, I don dey, it's helped my business to a level I couldn't have anticipated. And yes there is risk. And yes the money sweet. Your choice, if your moral nor reach, e nor reach. Simple. And stop believing this fake news. Go and check the real news on Zimbabwean news forums. Nairaland and lies(butter and bread)
prof1990:
Some greedy people won't still listen. Some will still blame buhari for this

1 Like

Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by Nobody: 11:06am On Sep 26, 2016
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.

1 Like

Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by francx(m): 11:06am On Sep 26, 2016
anigbajumo:


Hian,make I hold on first b4 I go bank coz I just matched with another participant wey I go pay now.I fink it can't crash in Nigeria like that coz of the population factor which influence the rapid growth in investment. It can only crashes if people are no more participate and participants were withdrawing their money.......

Anyway, life itself is a risk.


So don't make Mmm crash fufil ur pH and leave the haters alone to talk trash u shouldn't be talking like dis. Mmm didn't crash in Zimbabwe no mind Nairaland wey dey carry stale news DAT news is ova a month old and is untrue. Na blog like dem self dem even copy am from
Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by topdee(m): 11:07am On Sep 26, 2016
Stale news. The article is even dated 02-09-2016. The people who aren't in the system can't understand what happened, and there's no point explaining to non-members, let them continue to bask in media propaganda and conspiracy to cause panic. Also no system can function forever.
Besides, I don't know why non-members are the ones complaining, afterall it's not affecting them.

8 Likes

Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by tolexy007(m): 11:07am On Sep 26, 2016
this is the news some people have being expecting,

1 Like

Re: Thousands Of Zimbabweans Lose Money As MMM Crashes by lohresloco: 11:08am On Sep 26, 2016
Dey there they find out, we go dey collect. Tell us when you find out o. Thank you for your cooperation.
Femich18:
..
my question is...where is the 30% coming from

5 Likes

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