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FG Moves To Shut Down MMM Operations In Nigeria - Business (3) - Nairaland

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Re: FG Moves To Shut Down MMM Operations In Nigeria by osolee(m): 5:39pm On Nov 08, 2016
Re: FG Moves To Shut Down MMM Operations In Nigeria by eeewise(m): 5:53pm On Nov 08, 2016
hopeforcharles:
They can't because it's not a Nigerian based or hosted website, who will they arrest? The office or the the guilders? Or is it me? See this jokers oh
they can block their IP address and deny them access into our space like China did

1 Like

Re: FG Moves To Shut Down MMM Operations In Nigeria by mustmust(m): 5:54pm On Nov 08, 2016
ikorodureporta:
The Federal Government of Nigeria has initiated moves to shut down MMM operations in Nigeria.


Managing director of the Nigeria Deposit Insurance Corporation (NDIC) Alhaji Umaru Ibrahim, said regulators have set up a committee to stem the nefarious activities of the fraudsters across the country.


''I wish to sound a word of caution to members of the public on the activities of illegal fund managers, otherwise known as Wonder Banks. It is worrisome to note that despite repeated advice, many unsuspecting members of the public are still falling victims to the mouth-watering interest being offered by these illegal fund managers''


Members of the public are therefore advised to patronize only banking institutions that display the NDIC sticker: 'Insured By NDIC' in their banking halls or entrances. ''However, the regulatory authorities have set up an inter-agency committee under the Financial Services Regulatory Co-ordinating Committee (FRSCC) to stem the nefarious activities of those fraudsters across the nation'' Umaru Spoke on Monday during the NDIC Special Day at the 2016 Lagos International Trade Fair.


Source: https://www.nigerianbulletin.com/threads/fg-moves-to-shut-down-mmm-operations-in-nigeria.225821/


Taaaa nor be nigeria federal gorment committee again. Dead and buried before arrival as long as na committee.

1 Like

Re: FG Moves To Shut Down MMM Operations In Nigeria by ogedazzle: 5:58pm On Nov 08, 2016
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Re: FG Moves To Shut Down MMM Operations In Nigeria by hopeforcharles(m): 6:05pm On Nov 08, 2016
eeewise:
they can block their IP address and deny them access into our space like China did
Then we use proxy like the Chinese guys do, and besides Nigeria doesn't have that tech and concentration.

6 Likes

Re: FG Moves To Shut Down MMM Operations In Nigeria by obyrich(m): 6:08pm On Nov 08, 2016
eeewise:
they can block their IP address and deny them access into our space like China did
Radio Biafr.a is still on air (that would never happen in China). I detest empty threats from dundies working for the government. Please don't compare China with Nigeria. They can use threats like this to scare people away and crash the scheme faster. That's all.

1 Like

Re: FG Moves To Shut Down MMM Operations In Nigeria by Nobody: 6:11pm On Nov 08, 2016
When did mmm become a wonder bank? Where was mmm mentioned.can't really understand why peoplet...scratch that I understand why people who don't want to join are eager to see mmm crash.it's the crab mentality.if I'm not getting any,you shouldn't get any too.let's all don't get some.
Sorry guys,you keep hoping and praying that mmm crashes but while it lasts ama keeping on PHing and GHing. I'm gonna keep getting paid big time.

4 Likes

Re: FG Moves To Shut Down MMM Operations In Nigeria by obyrich(m): 6:15pm On Nov 08, 2016
hopeforcharles:

Then we use proxy like the Chinese guys do, and besides Nigeria doesn't have that tech and concentration.
Don't mind them. Nigeria is a big fat joke. If they can't deal with the embarrassing Biafr.n radio heaping insults and inciting citizenry against the state, is it MMM IP they fit block? Abi they want Russßian guys to hack down all banks in Nigeria?

3 Likes

Re: FG Moves To Shut Down MMM Operations In Nigeria by Donpizzle(m): 6:31pm On Nov 08, 2016
nonsobaba:
Should have done so a long time ago. MMM is fraud laced with juju. A time bomb waiting for the time when the people are asleep to explode.

Na time bomb wey you plant abi? Could you plss mind your biznes

3 Likes

Re: FG Moves To Shut Down MMM Operations In Nigeria by charlsecy(m): 6:55pm On Nov 08, 2016
fucklil:
Is there any mmm whatsapp group pls
Yes. Check your email.

Oahray:
MMM would crash eventually, you don't need two brains to realize that.
[size=20pt]Did you know MMM is in around 118 countries, with over 200 million participants worldwide?[/size]

1 Like

Re: FG Moves To Shut Down MMM Operations In Nigeria by Lovelynature(m): 6:56pm On Nov 08, 2016
charlsecy:
Yes. Check your email.
add me to the group; 08090971013
Re: FG Moves To Shut Down MMM Operations In Nigeria by SeunWedsLinda(m): 7:12pm On Nov 08, 2016
kajoula:


Wait 30days ..
you will earn 2600 ..
grin MMM clown
Rotflmao grin
Re: FG Moves To Shut Down MMM Operations In Nigeria by fredonlinealway(m): 7:31pm On Nov 08, 2016
Let everyone be on the lookout as regard mMm, they are still great today but may be poor and bad tomorrow. You guys should go and master freelancing job online, it will sure give you an edge over nigeria detiorating situation.
....You can whatsapp me for how could stard quickly (09032988135) regard
Re: FG Moves To Shut Down MMM Operations In Nigeria by pyceey(f): 7:32pm On Nov 08, 2016
This is why u should join five2btc... Contact me.... Make up to 64 bitcoins within 3 months, u don't need to reffer people, team Admins are doing dat.08180409058
Re: FG Moves To Shut Down MMM Operations In Nigeria by deb(m): 7:42pm On Nov 08, 2016
Oahray:
I pity the last set of persons to invest in MMM before it crashes. They are the ones who would pay for the 30% bonus people are currently flexing.

FG should let it live it's natural lifespan. Whether they shut it down now or it crashes in the future under the weight of it's 30% interest, there would be casualties anyway.

Yes it would eventually crash as the maths do not add up, but people do not care as long as it seems to be working at the moment.

Too much ignorance in your post. Those who understand how MMM works will laugh at your comment like am doing now. I'm a fan of intelligence and you don't derive it through hearsay. I did all my research about MMM both on positive & negative and nobody convinced me but myself to do the programme. It's the most intelligent programme designed to defeat every govt move. If the advanced world could not stop it how do this useless set of politicians stop it?

I'll advice you to do your research. Today I got paid from MMM but not by MMM; that is a clue for you.

9 Likes 2 Shares

Re: FG Moves To Shut Down MMM Operations In Nigeria by joinnow: 8:26pm On Nov 08, 2016
nnnamdi:
crap. See as them dey fear MMM grin grin They want people to remain enslaved to them. They've seen a system that gives people financial freedom and they're pained and frustrated that that system is not under their control and manipulation like the banks, to use and loot as they deem fit. Frustration will kill CBN, SEC and the FG grin


make them try stop MMM and face the riot of 2million angry Nigerians. They think they can continue feeding themselves fat on the sweat of poor Nigerians, and at the same time STOP THEM FROM HELPING THEMSELVES. If MMM goes down, Nigeria will go down >: >:
Can you mobilize 1000 people in your state/ area that has liver like yourself
Re: FG Moves To Shut Down MMM Operations In Nigeria by ccollins(m): 8:57pm On Nov 08, 2016
kajoula:


Wait 30days ..
you will earn 2600 ..
grin MMM clown
idio.t I only Ph that amount to test the waters and be sure as to how legit mmm works, what if my account gets suspended after phing higher amount

1 Like

Re: FG Moves To Shut Down MMM Operations In Nigeria by casby: 9:19pm On Nov 08, 2016
nonsobaba:
Should have done so a long time ago. MMM is fraud laced with juju. A time bomb waiting for the time when the people are asleep to explode.
what is your biz, did you give them the money? Is it ur money? Why not mind your biz
Re: FG Moves To Shut Down MMM Operations In Nigeria by lobito007(m): 9:25pm On Nov 08, 2016
I am in a dilemma right now. I have just been linked today to someone who needs help. This will be my first PH. This intended move to shut down MMM is making me have a re-think. What if the site gets shut down before I am eligible to GH.

1 Like

Re: FG Moves To Shut Down MMM Operations In Nigeria by chickygirl: 9:25pm On Nov 08, 2016
kajoula:


Wait 30days ..
you will earn 2600 ..
grin MMM clown
D funny thing is dat he can't even withdraw dat N600 on top cos it isn't a multiple of 1000
Re: FG Moves To Shut Down MMM Operations In Nigeria by Nobody: 9:29pm On Nov 08, 2016
God will punish and thunder will strike any useless government that may even contemplate shutting down MMM. Who the useless government help?
Re: FG Moves To Shut Down MMM Operations In Nigeria by abimbawealth(f): 10:38pm On Nov 08, 2016
lobito007:
I am in a dilemma right now. I have just been linked today to someone who needs help. This will be my first PH. This intended move to shut down MMM is making me have a re-think. What if the site gets shut down before I am eligible to GH.
Hmmmm...if you don't pay, your loss
Re: FG Moves To Shut Down MMM Operations In Nigeria by emmaeko1989: 10:45pm On Nov 08, 2016
chocolateme:
What
I thought they told masses to be creative and find means of survival and not wait for civil employment opportunities.h
Now they have landed MMM and the same government is complaining.

But i am praying for MMM members shaa.

It shall be well with MMM. I will stick to my Meridian Life Support network.. will soon qualify for a car.. just 3months into it.
how do you promote your meridiens life business?
08150760515
Re: FG Moves To Shut Down MMM Operations In Nigeria by Teedeechian(m): 11:04pm On Nov 08, 2016
2nioshine:



Your mavro grows to cover the first 14days immediately you pledge to provide help and will only begins to grow again after the first 14days i.e the releasing date. so wait till on the 21st because the growth you seek has already reflected.
Try to Ph a larger amount and you will see the obvious increase that buttresses my point

Like some one said look for a group and join. Or ask your guilder if need be.

is it after the 14 days that the Person will be paired to another?
Re: FG Moves To Shut Down MMM Operations In Nigeria by Oahray: 11:19pm On Nov 08, 2016
deb:


Too much ignorance in your post. Those who understand how MMM works will laugh at your comment like am doing now. I'm a fan of intelligence and you don't derive it through hearsay. I did all my research about MMM both on positive & negative and nobody convinced me but myself to do the programme. It's the most intelligent programme designed to defeat every govt move. If the advanced world could not stop it how do this useless set of politicians stop it?

I'll advice you to do your research. Today I got paid from MMM but not by MMM; that is a clue for you.
it's not about defeating government moves, it's about sustainability. With every 30% interest gotten, a there is a deficit pile up that's invisible. I don't expect you to see the sense in it.

If three persons put 100k each, they are expecting 130k each. They have used the 300k to PH to others. Now they expect 390k total.

3 other guys come with 100k each, but they need extra 90k, so a 4th guy comes up with the 90k. The first 3 guys GH and leave with their 130k each. How we have 4 guys in the picture. 3 of them put 100k each and expect 130k each. The 4th guy put 90k and expects 117k. The grand total is now 507k.

The 4 of them GH. 3 new guys PH of 100k each, but it's only 300k, a little more than half. 2 more guys PH 100k each. It's now 500k but they need extra 7k. A 6th man brings the 7k. Now we have 5 guys who expect 130k each, and one guy who expects 9.1k. New grand total is now 659.1k.

The next persons bring 100k each again, but this time we need 6 of them and an extra man with the 59.1k.
When they GH, the total is now 856.83k.

Next we need 8 persons with 100k and a 9th person with 56.83k to balance the books.

You can continue the thought experiment on your own. From 3 to 4 to 5 to 6... The number of persons needed to keep the system working keep increasing. Even if they all put in the same money, we need more persons to provide help with each cycle. That's the wonder 30%, it's still unresolved in the system and getting worse. Who do you think would eventually pay for it?

The people that match you, do you know them? Those you get matched to, do you know them? To think you guys are so confident in the system.

Even if every Nigerian were to join, eventually we'd still need more persons. What happens when more persons can't join because everyone has joined and there are no extra persons to cover the invisible 30% deficit that has accumulated over time?

A crash. It may take months, it may not survive the year, it may take years, but at some point in the future it would crash. It's inevitable. MMM isn't scam, but it's enriching a few smart ones with the money of the stupid majority, an unsustainable system piling up heartache for its eventual victims. You can hate me for saying it, na you sabi. Just try to not be a victim when it happens.

5 Likes 1 Share

Re: FG Moves To Shut Down MMM Operations In Nigeria by kingthreat(m): 11:37pm On Nov 08, 2016
China banned MMM so can Nigeria and there is nothing any of you can do about it. MMM my buťt
Re: FG Moves To Shut Down MMM Operations In Nigeria by Nobody: 11:52pm On Nov 08, 2016
Why are Nigerians bitter I had my doubts about MMM so I decided to read about it, I literally empowered myself with information before joining. It is a risk, but we'll all know that man can only die once.

Last month we had 1.6 million members, this month we are close to 1.9million mmm members.

I joined last month, pH of 200k (100k each), i have received help of 278k. Excluding referrals.

Now I have already pledged to pH of another 100k. I intend to use my profit to fund this help. So if old members keep reinvesting in the system and new members continue to troop in, my brother MMM will not crash in 3 years o.

If you need more info, contact me on 08061303796, whatsapp only. I can guide you.

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