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Arrest MMM Promoters - House Of Reps To EFCC - Business (19) - Nairaland

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Flashback To When Pastor Sunday Adelaja Exposes MMM Promoters / Presidency Buhari Calls MMM Promoters Fraudsters, Maps Out Strategy To Stop MMM / Breaking News: We Cannot Go After MMM Promoters, EFCC Tells NASS (2) (3) (4)

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Re: Arrest MMM Promoters - House Of Reps To EFCC by Ugmama(m): 8:51am On Nov 10, 2016
jajajaja828:



my chic just PH this morning, she said what did they do when shares crash. they join the management of shares to embezzle peoples money. God shall strike dead anyone that dont want a poor man to live.

My downline got helped with 260k this morning and ph of 400k the same today...who govt epp?
Re: Arrest MMM Promoters - House Of Reps To EFCC by palsenator(m): 8:52am On Nov 10, 2016
chilet4cici:
At times I laugh when people say FG will shut down MMM as if mmm is one shop at ebutte-meta, oyingbo or Alaba market, as if MMM is one company at Agbara industrial estate.my take, if FG can not stop u from browsing the internet,they can't stop u from access and runing ur mmm account. Let me shock u. MMM program is not a program that started yesterday. it has survive tougher periods than this. It passed through fierce fire, yet it came out refined, crystal sparkling and purer than GOLD. your own MMM can only stop when you as a participant stop to participate. Clever sergey mavrodi saw the feature and designed MMM not to depend on anybody to survive. So, with this Strength of MMM, it is possible for MMM to stop existing in a country but mmm can never stop being in existence. Remember there are over 7billion people all over the world. Your country is just a fraction. In short who u be? Also it is possible for only you in ur country to be the only one doing mmm. That is why we have the Bitcoin which connect u to global bank and every other people in other part of the world doing mmm. If u think u don't want to continue with mmm because of what u heard, I beg park well, and let people that dare big things take the center stage of the new financial revolution that bridge the cap between the rich and the poor. The battle of life maybe for everyone, but those that conquer their fears and dare big things are called achievers. In conclusion, always remember this, with or without you mmm will achieve it's goal which is to raise multi-millionaires, why don't u face your fears today, join us in the battle for financial freedom and be counted among the self-made millionaire courtesy of MMM. Nobody can stop u from achieving what u desire except you stop urself. Together we can do alot.
Dude, wise up... Government can stop you. Once it is censored, and if they order all the internet provider to block it,you are on your own. Go ask the people of China about censorship.
Re: Arrest MMM Promoters - House Of Reps To EFCC by anigbajumo(m): 8:53am On Nov 10, 2016
ceejayluv:

guy, unless you're using another person's (say ur wife or friend's) acct, they'll block u ooo.



Am using my ex account that s way she dey warn me,I knw all those rules nd I think I can't fall the victim.

Re: Arrest MMM Promoters - House Of Reps To EFCC by nairalandbuzz(m): 8:54am On Nov 10, 2016
chilet4cici:
At times I laugh when people say FG will shut down MMM as if mmm is one shop at ebutte-meta, oyingbo or Alaba market, as if MMM is one company at Agbara industrial estate.my take, if FG can not stop u from browsing the internet,they can't stop u from access and runing ur mmm account. Let me shock u. MMM program is not a program that started yesterday. it has survive tougher periods than this. It passed through fierce fire, yet it came out refined, crystal sparkling and purer than GOLD. your own MMM can only stop when you as a participant stop to participate. Clever sergey mavrodi saw the feature and designed MMM not to depend on anybody to survive. So, with this Strength of MMM, it is possible for MMM to stop existing in a country but mmm can never stop being in existence. Remember there are over 7billion people all over the world. Your country is just a fraction. In short who u be? Also it is possible for only you in ur country to be the only one doing mmm. That is why we have the Bitcoin which connect u to global bank and every other people in other part of the world doing mmm. If u think u don't want to continue with mmm because of what u heard, I beg park well, and let people that dare big things take the center stage of the new financial revolution that bridge the cap between the rich and the poor. The battle of life maybe for everyone, but those that conquer their fears and dare big things are called achievers. In conclusion, always remember this, with or without you mmm will achieve it's goal which is to raise multi-millionaires, why don't u face your fears today, join us in the battle for financial freedom and be counted among the self-made millionaire courtesy of MMM. Nobody can stop u from achieving what u desire except you stop urself. Together we can do alot.

But they can direct Nigerian ISP to block any traffic going to MMM Websites
Re: Arrest MMM Promoters - House Of Reps To EFCC by richjohn1(m): 8:55am On Nov 10, 2016
Comments read here are very sad

Truly the ones you try to save would make your worst enemies

1 Like

Re: Arrest MMM Promoters - House Of Reps To EFCC by Tosman12(m): 8:55am On Nov 10, 2016
winkmart:
The House of Representatives on Wednesday asked the Economic and Financial Crimes Commission and the Central Bank of Nigeria to immediately go after the promoters Mavrodi Mondial Moneybox, otherwise known as ‘MMM’ in Nigeria.


Lawmakers strongly opposed the investment scheme, which lately gained popularity among Nigerians in the wake of the current economic recession in the country.


MMM promises 30 per cent return on investment for any money put into the scheme within 30 days.


The investment scheme has a Russian origin and “involves directing clients to make money available for an anonymous person with a promise of 30 per cent return within one month.”


But, members described the scheme as a “scam” and warned Nigerians not to be carried away by the “mouth-watering” returns on investments.


Lawmakers warned that the “trick” used by the operators was to attract as many Nigerians as possible to invest substantial amounts of money before the bubble would burst.


The House directed the EFCC, security agencies and the CBN to take urgent steps to halt the scheme before many Nigerians would become victims of the scam.


It also asked its Committees on Banking/Currency and Financial Crimes to investigate the activities of MMM Nigeria Scheme, “with a view to saving Nigerians participating in the scheme from you financial ruin.”


The Chairman, House Committee on Telecommunications, Mr. Saheed Fijabi, had in a motion, drawn the attention of the House to the growing popularity of the scheme among Nigerians.


Fijabi, an All Progressives Congress lawmaker from Oyo State, represents Ibadan-South/West Federal Constituency.


“The scheme entered the Nigerian circle in 2016, capitalising on the high level of unemployment and poverty to deceive unwary Nigerians into falling prey to their antics”, Fijabi stated.


He said the fact that MMM was not regulated by law or approved by the CBN as a secure business venture, made Nigerians more vulnerable.


http://www.blackberrybabes.com/2016/11/house-of-reps-ask-efcc-to-arrest-mmm.html




if they shut it down , that means they are the one that made pple loose their money, useless law makers. warn nigerians and leave them be. GNLD,aimglobal are worse than this MMM.

what exactly is their problem ? na their money?

1 Like

Re: Arrest MMM Promoters - House Of Reps To EFCC by Bossmd: 8:56am On Nov 10, 2016
Their servers are not hosted in Nigeria so Nigeria cannot close the site. Only USA has such remote extraterritorial powers.
Re: Arrest MMM Promoters - House Of Reps To EFCC by Chosen2375: 8:57am On Nov 10, 2016
I am not surprise, l know it that no government worldwide pray for a better life for the people they govern. When they appear to be generous by providing anything for the people it because they have larger benefit than the people whom the program is supposedly meant for. This is known as Theory of Conspiracy. Nigerians should not allow this serpent to dictate how people should live their life.
Re: Arrest MMM Promoters - House Of Reps To EFCC by SUNSHINEDAINTY(f): 9:00am On Nov 10, 2016
Mayfyzo:


I am over excited to write this little piece in antagonising the Press Release of the House of Assembly and the House of Representative.

First and foremost, I want us look at it from the beginning of this year, the promises of the so called "Federal Government of Nigeria" how far it has been implemented

Promise No 1: Buhari Promised to recruit 500,000 graduates
My Question: Has it been implemented?

Promise No 2: The Government started a campaign that Rice would be sold between N7,000 to N8,000 by November 2016
My Question: How much are you buying a bag of Rice now? Maybe 17,000 or more

Promise No 3: Paramilitary Recruitment Exercises (Nigeria Immigration Services, Nigeria Custom Services, Federal Inland Revenue Services
My Question: How many of your family members have been recruited by the FG bodies/Agencies?

Promise No 4: Government's Campaign before election was to reduce Fuel from N87 to N50 or less
My Question: How much are you buying Fuel now? N145 and Government is still planning to increase it to N155 or more

Promise No 5: FG promises payment of N5,000 to unemployed youth
My Question: What have they done about it? A U-turn is all we get

Promise No 6: THE LIST CAN GO ON and ON But for more details of Government Promises see the following Appendices


Appendix I: see 81 promises of the Federal Government here
https://www.naij.com/473147-know-the-81-campaign-promises-of-president-buhari.html
My Question: How many have been implemented?
Appendix II: http://www.vanguardngr.com/2015/05/what-buhari-promised-nigerians/
SEE No 14 of Appendix II of the list that says N1 to $1
My Question: My People of Nigeria, The Great Mavrodians, How much is $1 to Naira now?


Let's talk about corruption

How far has the Federal Government gone about their Anti- Corruption? (Senate President, Bukola Saraki, Dasuki, Dogara(Bigger Padding), you can always add to the list.
My Question: What do Nigerians get in Return?
Dismissal of Case, 50 SANs in court for corruption cases etc...

Let's talk about Salary Payment

Out of the 36states of Nigeria, how many States are owing?
I can say precisely that as at today 9th of November 2016, OYO State Government is Owing 6 Months Salary (May - October 2016) even some been downsized for series of issues.
>>Imagine if those gluttons were not paid for a month, what will their reaction be?
>> Imagine if those ignoranimus are not allowed to paddle budgets, Allowances, etc...
>> Imagine if they were collecting an average Nigerian's Salary and being owed at the same time, Will they oppose MMM?

REASONS FOR THEIR ACTION

MMM has shown Nigerians Socio Financial Freedom
MMM has shown us how to liberate ourselves from non payment services and modern way of Slavery

No More Slavery
No more Maid
No more Gardeners
No more cheating

Let your children take up their positions... Nigerians are wise now.

MY DECISION

According to 1999 Constitution of the Federal Republic of Nigeria & Fundamental Rights (Enforcement Procedure) Rules 2008
Section 34 subsection (1) Every individual is entitled to respect of his person, and accordingly - subsection (b) no person shall be subjected to slavery or servitude;

Section 39 subsection (1) Every person shall be entitled to freedom of expression, including freedom to hold opinions and to receive and impart ideas and operate any medium for the dissemination of information, ideas and opinions:


I Overtbaba pledge to continue participating in MMM, to PH and GH according.
I pledge to abide by rules of MMM and not writing MMM on transaction details nor causing PANIC among the participants, so help me God!
This write up Is so on point. I think you need to create a fresh topic and post it. We need more people to read this. Thanks

3 Likes 1 Share

Re: Arrest MMM Promoters - House Of Reps To EFCC by EverestdeBliu(m): 9:15am On Nov 10, 2016
Nairadays:
I'll advice anybody involved should slow down for a while and see where the whole thing heads, because the FG has been planning to ban this HYIP called MMM.

Cursing govt is not the solution, they have the power to ban it and there's nothing anyone can do. Even heard MMM was banned in China.
in China?!,mmm still works like a clock.
Re: Arrest MMM Promoters - House Of Reps To EFCC by SmartGate(m): 9:15am On Nov 10, 2016
JeffreyJamez:


It's obvious you don't know anything about IT,...... grin

Clap for urself Mr. Know it all when you actually know nothing. U asked how it affects the bank? Very dumb question, but tnk God someone already answered you. But if u need more schooling, I will gladly help in that aspect cuz I happened to have worked in the bank till lately, no tnks to the recession and mmm has been paying me double of my salary since then. Let me leave that story for another day.

Now to the topic.
1. The govt can't shut down the site.
2. They can't possibly arrest everybody that is a member of mmm.
3. They can only create panic and people won't put in their money again, thereby leading to its natural death.
4. If mmm members call the house of rep bluff and continue to put in money, nothing will crash cuz it can only crash when people stop providing help. Same way a bank can close down back then due to panic withdrawals.
5. THE HOUSE OF REPRESENTATIVES JUST HAVE A MISPLACED PRIORITY.

1 Like 1 Share

Re: Arrest MMM Promoters - House Of Reps To EFCC by hotspec(m): 9:17am On Nov 10, 2016
tayorx:
Wats dis 1 spewing, i av my vpn so ain't no shit head is gon stop 4rm visiting no site
I laff in Chinese. From d way u talk, u need to update ur knowledge abt VPN. D VPN u use is remote-access and never site-to-site. Meanwhile, having access to a website is different from having a secured access to an organization network. I cant join issue wit u, u are still a learner.

1 Like

Re: Arrest MMM Promoters - House Of Reps To EFCC by SmartGate(m): 9:20am On Nov 10, 2016
Mayfyzo:


I am over excited to write this little piece in antagonising the Press Release of the House of Assembly and the House of Representative.

First and foremost, I want us look at it from the beginning of this year, the promises of the so called "Federal Government of Nigeria" how far it has been implemented

Promise No 1: Buhari Promised to recruit 500,000 graduates
My Question: Has it been implemented?

Promise No 2: The Government started a campaign that Rice would be sold between N7,000 to N8,000 by November 2016
My Question: How much are you buying a bag of Rice now? Maybe 17,000 or more

Promise No 3: Paramilitary Recruitment Exercises (Nigeria Immigration Services, Nigeria Custom Services, Federal Inland Revenue Services
My Question: How many of your family members have been recruited by the FG bodies/Agencies?

Promise No 4: Government's Campaign before election was to reduce Fuel from N87 to N50 or less
My Question: How much are you buying Fuel now? N145 and Government is still planning to increase it to N155 or more

Promise No 5: FG promises payment of N5,000 to unemployed youth
My Question: What have they done about it? A U-turn is all we get

Promise No 6: THE LIST CAN GO ON and ON But for more details of Government Promises see the following Appendices


Appendix I: see 81 promises of the Federal Government here
https://www.naij.com/473147-know-the-81-campaign-promises-of-president-buhari.html
My Question: How many have been implemented?
Appendix II: http://www.vanguardngr.com/2015/05/what-buhari-promised-nigerians/
SEE No 14 of Appendix II of the list that says N1 to $1
My Question: My People of Nigeria, The Great Mavrodians, How much is $1 to Naira now?


Let's talk about corruption

How far has the Federal Government gone about their Anti- Corruption? (Senate President, Bukola Saraki, Dasuki, Dogara(Bigger Padding), you can always add to the list.
My Question: What do Nigerians get in Return?
Dismissal of Case, 50 SANs in court for corruption cases etc...

Let's talk about Salary Payment

Out of the 36states of Nigeria, how many States are owing?
I can say precisely that as at today 9th of November 2016, OYO State Government is Owing 6 Months Salary (May - October 2016) even some been downsized for series of issues.
>>Imagine if those gluttons were not paid for a month, what will their reaction be?
>> Imagine if those ignoranimus are not allowed to paddle budgets, Allowances, etc...
>> Imagine if they were collecting an average Nigerian's Salary and being owed at the same time, Will they oppose MMM?

REASONS FOR THEIR ACTION

MMM has shown Nigerians Socio Financial Freedom
MMM has shown us how to liberate ourselves from non payment services and modern way of Slavery

No More Slavery
No more Maid
No more Gardeners
No more cheating

Let your children take up their positions... Nigerians are wise now.

MY DECISION

According to 1999 Constitution of the Federal Republic of Nigeria & Fundamental Rights (Enforcement Procedure) Rules 2008
Section 34 subsection (1) Every individual is entitled to respect of his person, and accordingly - subsection (b) no person shall be subjected to slavery or servitude;

Section 39 subsection (1) Every person shall be entitled to freedom of expression, including freedom to hold opinions and to receive and impart ideas and operate any medium for the dissemination of information, ideas and opinions:


I Overtbaba pledge to continue participating in MMM, to PH and GH according.
I pledge to abide by rules of MMM and not writing MMM on transaction details nor causing PANIC among the participants, so help me God!


Tnks for this. I tink I need to create a topic to tell my mmm story.
Re: Arrest MMM Promoters - House Of Reps To EFCC by Nobody: 9:23am On Nov 10, 2016
erico2k2:

have you read the warnings on MMM front page about NO ROI? you give so you might receive you have to give to recieve, so technically your money is always at stake, No one knows at what point you might lose but early birds will surely gain.There is no profit in MMM no interest.






Yes that is, well all read the warning before participating. It is clearing writing that the money is @ risk and we agree to take the risk. So what is there problem with the risk i took?

Even @ bank cars are packed @ owners risk.


Let dem leave us let's continue taking our risk, sabi na mai money. If i lost wil i cry to Aso rock ni.

1 Like

Re: Arrest MMM Promoters - House Of Reps To EFCC by Kposkila: 9:30am On Nov 10, 2016
DropShot:

That will make govt to be very irresponsible. No responsible govt should allow organised fraudulent scheme rob citizens of their hard earned money. That it happened once could be somewhat forgivable. A repeat will be totally unforgivable.
Is Govt responsible for any citizen, make we no dey give govt credit wen dem no deserve!
Those who invest in MMM are willing to take the risk, and get paid without defrauding any person, it's just like me paying my tithe in chr, weada God blesses me or not is no body's biz!
Re: Arrest MMM Promoters - House Of Reps To EFCC by Dexol(m): 9:32am On Nov 10, 2016
And this same government allowed football bets to keep running.Hmmm,maybe they need tax from mmm.
Re: Arrest MMM Promoters - House Of Reps To EFCC by muaa(f): 9:39am On Nov 10, 2016
We all read the warning before participating, they should leave us the hell alone to bear the risk
Re: Arrest MMM Promoters - House Of Reps To EFCC by Princewell2012(m): 9:49am On Nov 10, 2016
DropShot:
Good job by the House.

Those of you old enough will recall that many Nigerians were defrauded in similar fashion in 2006/2007 through such investment with Real and Cool, Wealth Solution, etc. The return was even more fantastic than this. Many people lost huge money and some later committed suicide.

It mustn't happen again in Nigeria. A word is enough for the wise.

When i read your post, i decided to log in, just to back up your claim.

Yes, one landlord leaving in our estate at mangoro, onipetes ikeja. Was also a victim then with that evil bank. Their own was even100 percent profit. If you save 1,000 you will be given 1,000 back and ur money will still be intact. If you save 1 million they will give you 1 million making 2 million. In these way they have alots of customers.

That man in question been an old man, i don't want to mention his name, deposited 5 million and the bubble burst. He died a week after. People rush to their banks and only met few cars on ground, and how many people is going to share them. I personally know one of their bank at pencinema Lagos.

Like you rightly said, a word is anough for the wise.

1 Like 1 Share

Re: Arrest MMM Promoters - House Of Reps To EFCC by Kingingdave: 9:57am On Nov 10, 2016
I thought the website is not for Nigeria only. Its a global thing so how can they shut it?
Re: Arrest MMM Promoters - House Of Reps To EFCC by erico2k2(m): 9:59am On Nov 10, 2016
nastydamus:


For someone who's not participating, you seem to be expending a lot of energy supporting this move by the legislooters. What do you stand to lose if the scheme keeps running?

Is this a case of true brotherly love or something else you're not telling us?
The forma rather than the lata
Re: Arrest MMM Promoters - House Of Reps To EFCC by oscaruzie(m): 10:00am On Nov 10, 2016
Keemy88:
ENEMIES OF PROGRESS

al of una papa...because MMM is 'spoiling business' for them abi? evil cohorts
Re: Arrest MMM Promoters - House Of Reps To EFCC by erico2k2(m): 10:01am On Nov 10, 2016
muaa:
We all read the warning before participating, they should leave us the hell alone to bear the risk
Great stuff.I'm still waiting to see who these guys ha e paid N1M on here everyone seems to be hoping to recieve next Month
Re: Arrest MMM Promoters - House Of Reps To EFCC by erico2k2(m): 10:06am On Nov 10, 2016
Dexol:
And this same government allowed football bets to keep running.Hmmm,maybe they need tax from mmm.
Its different if you win ur football bet and they refuse to pay.
You can sue them.
Re: Arrest MMM Promoters - House Of Reps To EFCC by erico2k2(m): 10:09am On Nov 10, 2016
Bossmd:
Their servers are not hosted in Nigeria so Nigeria cannot close the site. Only USA has such remote extraterritorial powers.
I heard it was created in Russia is this not correct ?
Re: Arrest MMM Promoters - House Of Reps To EFCC by PMIcon(m): 10:10am On Nov 10, 2016
Instead of asking cbn to create a competition for mmm they are asking for investigation and displaying ignorance. Are they going to arrest the Russian who founded mmm?
Re: Arrest MMM Promoters - House Of Reps To EFCC by StUriah(m): 10:12am On Nov 10, 2016
Dear MMM participants,

Tune your radio to FRESH 105.9 FM (Ayefele) for Extensive and Rigorous discussion on House of Representative's attack on MMM Scheme. Time is 10 am. It is ongoing.

Don't Miss it.
Re: Arrest MMM Promoters - House Of Reps To EFCC by erico2k2(m): 10:13am On Nov 10, 2016
PMIcon:
Instead of asking cbn to create a competition for mmm they are asking for investigation and displaying ignorance. Are they going to arrest the Russian who founded mmm?
Do you know Russians are barred from participating in MMM ?
Re: Arrest MMM Promoters - House Of Reps To EFCC by KingBish(f): 10:25am On Nov 10, 2016
GO to Google play and download *RADIOS NIGERIA* app and listen to FRESH FM 105.9 over the internet by 10am today (The program have kicked off already) to listen, call in and make meaningful contributions to discussions about MMM.
DO IT NOW!!!!
Re: Arrest MMM Promoters - House Of Reps To EFCC by Nobody: 10:35am On Nov 10, 2016
winkmart:
The House of Representatives on Wednesday asked the Economic and Financial Crimes Commission and the Central Bank of Nigeria to immediately go after the promoters Mavrodi Mondial Moneybox, otherwise known as ‘MMM’ in Nigeria.


Lawmakers strongly opposed the investment scheme, which lately gained popularity among Nigerians in the wake of the current economic recession in the country.


MMM promises 30 per cent return on investment for any money put into the scheme within 30 days.


The investment scheme has a Russian origin and “involves directing clients to make money available for an anonymous person with a promise of 30 per cent return within one month.”


But, members described the scheme as a “scam” and warned Nigerians not to be carried away by the “mouth-watering” returns on investments.


Lawmakers warned that the “trick” used by the operators was to attract as many Nigerians as possible to invest substantial amounts of money before the bubble would burst.


The House directed the EFCC, security agencies and the CBN to take urgent steps to halt the scheme before many Nigerians would become victims of the scam.


It also asked its Committees on Banking/Currency and Financial Crimes to investigate the activities of MMM Nigeria Scheme, “with a view to saving Nigerians participating in the scheme from you financial ruin.”


The Chairman, House Committee on Telecommunications, Mr. Saheed Fijabi, had in a motion, drawn the attention of the House to the growing popularity of the scheme among Nigerians.


Fijabi, an All Progressives Congress lawmaker from Oyo State, represents Ibadan-South/West Federal Constituency.


“The scheme entered the Nigerian circle in 2016, capitalising on the high level of unemployment and poverty to deceive unwary Nigerians into falling prey to their antics”, Fijabi stated.


He said the fact that MMM was not regulated by law or approved by the CBN as a secure business venture, made Nigerians more vulnerable.


http://www.blackberrybabes.com/2016/11/house-of-reps-ask-efcc-to-arrest-mmm.html

Re: Arrest MMM Promoters - House Of Reps To EFCC by Jamiati(m): 10:39am On Nov 10, 2016
Cursing govt is not the solution, they have the power to ban it and there's nothing anyone can do. Even heard MMM was banned in China.
[/quote] Not only in China, but in South Africa, Tanzania even in Russia the said origin of MMM
Re: Arrest MMM Promoters - House Of Reps To EFCC by frankanyiks(m): 10:39am On Nov 10, 2016
Toks2008:
MMM and nairaland Frontpage are like ...

wey that pics sef

1 Like

Re: Arrest MMM Promoters - House Of Reps To EFCC by Nobody: 10:41am On Nov 10, 2016
Ugmama:


My downline got helped with 260k this morning and ph of 400k the same today...who govt epp?


Requested for help this morning and just got paid 134,000 plus bonuses for an initial help of 100,000. To my so-called friends that didnt not introduced MMM to me before now, I commits everything to the hands of God. Long live MMM

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