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MMM Blocks Withdrawal Of Funds For One Month! - Investment (17) - Nairaland

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Re: MMM Blocks Withdrawal Of Funds For One Month! by mctowel01: 10:17am On Dec 13, 2016
be calm everyone, its a wise move cos there is too much spending and less savings this Christmas.
Re: MMM Blocks Withdrawal Of Funds For One Month! by Kassidy90(m): 10:18am On Dec 13, 2016
Media will twist this big time.. I just pray everything comes back better next year...

2 Likes

Re: MMM Blocks Withdrawal Of Funds For One Month! by tosyne2much(m): 10:18am On Dec 13, 2016
Setaje:



Emi ke!!! Am not oooo. I don't have that kind of liver. If I loose 5k I will cry like a baby not to talk of putting a huge sum...
Ólè ni è jawe cheesy

So you can't invest 500k? cheesy
Re: MMM Blocks Withdrawal Of Funds For One Month! by progress69: 10:20am On Dec 13, 2016
epistleNow:
Please enlighten me if I ain't getting it.

Since MMM doesn't have a central account, those that run it can't run away with anyone money.

It's just that some people wouldn't get paid cause those to pay and all are being told to pause for now.

So MMM faithful shouldn't panic and cause a crash.


Views from an Observer and not a Participant

progress69:


Lol. No Ponzi scheme will play old tactics of Central account in this century. All they need is proxy accounts created by them and foot soldiers to be matched up with u. Many of those acco have never provided help before and off course u won't know cos the admin controls it and make u see what u should see grin
Re: MMM Blocks Withdrawal Of Funds For One Month! by ThisYourTatafo: 10:20am On Dec 13, 2016
Lol illiteracy is the ability to read and NOT comprehend.

What they said was you can't get paid till middle of January , they never said you cannot grow your investment.

A LOT OF PEOPLE WHO DO BUSINESS KNOW THAT U SAVE AND SAVE AT CERTAIN PERIODS NOT CAUSE U DON'T NEED cash, it's cause it's called planning.


This MMM guys have good strategists im sure of that and just like Moses, the people of Israel complained several times but the ones who know the power behind them trusted in Moses' leadership skill.


Read again what MMM said and if u get sense u go know say they only doing this HOLD for 3 weeks to create SUSTAINABILITY.


BY the way as soon as i saw the news on my PO this morning,
I provided help of 500k. Na my money.


If Nigerians wanna help themselves they won't cause panic.

Let's learn to read and understand abeg

3 Likes

Re: MMM Blocks Withdrawal Of Funds For One Month! by Nobody: 10:20am On Dec 13, 2016
dmcdad:

I purposely stop PHing when November-December reach. Why? Because I already envisioned something like this happening before or during the yuletide. One thing about me is that, I think way ahead of a vast majority of people.

E make me come switch to GHW cause of their policies and some other considerable factors. Meanwhile, I too no dey fancy ponzi schemes ooooo. I just try this time, but with smartness and utmost caution.

Good one bro. Glad you switched earlier else you would be peeing in your pants now. Over 3 million Nigerians participate in this program, if this thing eventually ends like this. Mehn, some people will commit murder oo cos the recession, yuletide and promises from MMM made people GH abi na PH more recently.

I just hope it comes back cos I wouldn't wanna see fellow Nigerians been hurt by this thing. Not even now
Re: MMM Blocks Withdrawal Of Funds For One Month! by jollymizzle(m): 10:23am On Dec 13, 2016
epistleNow:
Please enlighten me if I ain't getting it.

Since MMM doesn't have a central account, those that run it can't run away with anyone money.

It's just that some people wouldn't get paid cause those to pay and all are being told to pause for now.

So MMM faithful shouldn't panic and cause a crash.


Views from an Observer and not a Participant
OK since you asked nicely it's time to explain how 'they' run away with the money. The method of providing help/getting help is the way. They would have agents in the country while colluding with banks. How it works is that their agents would be matched always to get help while not providing. So with the rest of the participants pHing and ghing . The agents would only be ghing. They will then take their share and launder the rest to their ogas overseas. Hope this answered your question. Ask if you still have any?

6 Likes

Re: MMM Blocks Withdrawal Of Funds For One Month! by OCTAVO: 10:24am On Dec 13, 2016
Wow.
Re: MMM Blocks Withdrawal Of Funds For One Month! by namqul(m): 10:24am On Dec 13, 2016
people should not panic or fear the system has not crashed I believe this is just the very best idea. stop this unnecessary panic and pray the system is very much healthy.

1 Like

Re: MMM Blocks Withdrawal Of Funds For One Month! by dmcdad: 10:25am On Dec 13, 2016
blaise01:

That's it. One month instead of 2 weeks freezing but people have decided to twist the info to mean, u can't get help even if u were 30days old and due. People should read meaning into messages before creating panic.
Please don't spread your ignorance around like wildfire. No offence. But then, get your facts right. How about people whose maturity had reached or passed 30 days? Because as it stands now, those whose date had reached can't GH because their available balance is reading 0 naira. If that is the case as it were, then what are you saying? Get your facts right biko!
Re: MMM Blocks Withdrawal Of Funds For One Month! by epistleNow(m): 10:26am On Dec 13, 2016
markpenk:
I hope not too, but it's likely that's what's happening. And if it is, it makes complete sense as the founder of the Nigerian MMM will remit a certain percentage to Mavrodi himself as royalty or payment for using his "franchise"... If that's the case, it would be pretty brilliant.

Please don't hate me folks, I'm just thinking here.

The additional 20% profit and the purported letter of Mavrodi to FG now looks like a plot to get more cash into the system.

And if that your script is used, surely they planned this.

Hopefully, this isn't the case for the sake of people involved.

2 Likes

Re: MMM Blocks Withdrawal Of Funds For One Month! by general1970: 10:26am On Dec 13, 2016
WTF? Mavrodi is such a brilliant/professional Ponzi Schemer the letter from him 3days ago shows how desperate he's and how gullible Nigerians are, he knows that Nigeria govt are getting close on him and they already knows he's in Ireland and server is in Bahamas (delegates have been sent to both countries) hence he's trying to act clever. I'm feeling bad for Nigerians cos they seize not to learn - Just imagine he's keeping them on hold so that they can get over it and they forgot freezing funds won't add profit, this is exactly how High Yield Investment Program works. Some ppl will commit suicide before new-year and end of January - Mark my words.

2 Likes

Re: MMM Blocks Withdrawal Of Funds For One Month! by ddippset(m): 10:26am On Dec 13, 2016
dmcdad:

E happen to me too.cheesy

I stayed for 1 full month before them remove the temporary moratorium.
na wa o.
Re: MMM Blocks Withdrawal Of Funds For One Month! by lohresloco: 10:26am On Dec 13, 2016
Why do people pray for MMM to crash? ...

Around the world, mainly in Nigeria, MMM have helped thousands of people sustain a living.

Today, it entered a temporary #pause mode, and so many people and media will come out to make the masses panic the more.

Now let me ask..

* what do we do when people owing us tell us to give them one month to pay? WE WAIT!

* what do we do when our employer tell use he cant pay salary for 2 months due to accrued debts? WE WAIT!

* All the civil servants that the government have been owing for months, what do they do? THEY WAIT!

*what do ladies that are dating and the fiancee promised them next December, what do they do? THEY WAIT!

* all the campaign promised that are promised to us and is to be fulfilled, what are we doing? WE ARE WAITING!

* most of us spent millions to get a certificate in various schools, yet no job, what are we doing? WE ARE WAITING!

THE COUNTRY HAVE TRAINED US TO ALWAYS WAIT.

Most of us have made 5 × of what we started with in MMM so... WHY CANT WE BELIEVE IN THIS SYSTEM NOW.

WE WILL COWARDS TO START WRITING RUBBISH ABOUT MMM.

MMM HAVE HELPED MILLIONS.

IF THEY WANT TO SHUT DOWN, THEY WONT GIVE U ACCESS TO LOG IN TO THE SITE...

IF IT HAVE HELPED YOU BEFORE, DONT BE A COWARD, BELIEVE IN IT NOW, .....I PERCEIVE A JOYFUL JANUARY FOR ALL MMM PARTICIPANTS .

IF YOU HAVE SPARE MONEY, PH, YOU WONT BE MATCHED TILL JANUARY... AND YOUR MONEY WILL GROW IN YOUR POCKET.

#copied


na people when nor dey do MMM dey shout pass

2 Likes

Re: MMM Blocks Withdrawal Of Funds For One Month! by oluwashegunfunm(m): 10:26am On Dec 13, 2016
onatisi:
I learnt a bitter lesson about all these schemes when I entered one called deal2join. The day it was supposed to start paying was the day it closed its site,up till now I still type the address to see whether it will come up,it was just like a dream to me.
basketmouth cannot make me laugh more than this Lolz , wen you said up till today you still type the address whether it will come up.

8 Likes

Re: MMM Blocks Withdrawal Of Funds For One Month! by styles2009: 10:27am On Dec 13, 2016
Efewestern:


Bros!!!!!

Mavor, you are giving all this people sleepless night o.. shuo.. Abeg no go let people comit suicide, grin grin grin


According to them
"We are no longer in the Era of Working Hard", Make I they observe... Yekpaa... I still blame Nigeria government thou.. They failed on there part.. no job.. Wenti u want gullible Nigerians to do ?

Create your own job, I started in 2011 online buying a domain name for $10 and I've made times 1000 of initial amount. So stop whining.
Re: MMM Blocks Withdrawal Of Funds For One Month! by progress69: 10:27am On Dec 13, 2016
Voy:

MMM hasn't crashed. But payments have been stopped for one month due to the increased demands for help from people and government interference.
As the scheme is based on the percentage of returning members, I believe it will serve to maintain continuity.
The only problem is that most Nigerians swallow rumours and may declare that it has crashed. Proper education on the freezing/postponement will ensure that people do not panic.

Bros, u are putting your money into something that u just described and you can eat and sleep well. Menh...u can do money ritueals if you are well convinced!

2 Likes

Re: MMM Blocks Withdrawal Of Funds For One Month! by Lovexme(m): 10:27am On Dec 13, 2016
DO NOT PANIC!!
Re: MMM Blocks Withdrawal Of Funds For One Month! by Chekitaut: 10:27am On Dec 13, 2016
wizzakosh:
the same way you laughed last year but put to shame in january.
Wetin concern me there? Abi pics below

Re: MMM Blocks Withdrawal Of Funds For One Month! by Nobody: 10:27am On Dec 13, 2016
MyVision2020:


And u think after this (if not d end) people will rush to pay when matched! This is the worst step they'v taken! Giving ear to cheap media & FG who in no way can stop them.
you're100% right, many people don't think right or maybe they think MMM is a World Bank, the last people will have to suffer for it, what goes around comes around.

1 Like 1 Share

Re: MMM Blocks Withdrawal Of Funds For One Month! by dmcdad: 10:28am On Dec 13, 2016
ollah1:


Good one bro. Glad you switched earlier else you would be peeing in your pants now. Over 3 million Nigerians participate in this program, if this thing eventually ends like this. Mehn, some people will commit murder oo cos the recession, yuletide and promises from MMM made people GH abi na PH more recently.

I just hope it comes back cos I wouldn't wanna see fellow Nigerians been hurt by this thing. Not even now
Th3 reality is that, even if it comes back in January, it would still crash someday. It's a disaster waiting to happen. Infact, anyone who doesn't know this unwavering fact is a complete dolt and a pillock!

1 Like

Re: MMM Blocks Withdrawal Of Funds For One Month! by Nobody: 10:29am On Dec 13, 2016
UjSizzle:

Oh that's sad. Maybe if they can at least explain why accounts have been frozen this month, people will not panic so much.

If Mavrodi is satisfied with the current cash flow then don't expect any explanation. But all ponzi schemes crashes at some point and it could just be the end for MMM.

I hope I'm wrong though cos mehn some Nigerians go sick oo.

1 Like

Re: MMM Blocks Withdrawal Of Funds For One Month! by Yarduni: 10:30am On Dec 13, 2016
futureenergy:
MMM has just made the best decision. I advised one of the guiders to suggest MMM should be on standby from 10th of December. Like they read my mind. Very Good!!! Before we crash this thing with our Christmas mentality.

You know we have good professors in the world but have they made the world a paradise? Forget your logic, this is how they move out. Your money is already gone, deal with the heartache now.

I think you are a confirmed mugu because I could create another ponzi and with this your thinking you will still put in money.

2 Likes

Re: MMM Blocks Withdrawal Of Funds For One Month! by Nobody: 10:30am On Dec 13, 2016
The survival of MMM is dependent on our actions or inactions.....make the registry decisions and avoid panic
Re: MMM Blocks Withdrawal Of Funds For One Month! by Ratebuster(m): 10:30am On Dec 13, 2016
CisconAvenger:
If I may advice them, the message on the PO is very insufficient and not well composed.

They need to redo the message and send their guiders out to do damage control. otherwise, no one will PH again.

i would also ask that people provide help of 50% of the help they want to get. And if you provide help above 50% of what you want to GH You will get like 50%, if you provide less than 40% you will get 20% and above 100% will give you 60%.

These are the kind of ideas they should come up with to keep the system running, not foolishly freezing marvos.
You are very close to my opinions and ideas I am a guider .
we have numerous ways we could have handled this without putting get help on hold
I believe these problem is coming up because we are cu having more get help than provide help. fine I believe these options could have served as solutions
1.suspend get help for confirmed mavros less than 30days with this get help order will reduce
2.extend mavro maturity from 15days to 40days or 35days for Dec and January months.
3. give provide help conditions to qualify for get help .that is you must provide help to a certain percentage of their get help.
4. allow withdral of only say 30% or 50% of participants total matured mavros
5. subject withdrawal to chance ,luck or at only after 40days atleast people will still hope on .
I pray they will review this measure and shut the media and government up again.
long live mmm Nigeria
from guider Solomon
Re: MMM Blocks Withdrawal Of Funds For One Month! by Nobody: 10:31am On Dec 13, 2016
dmcdad:

Th3 reality is that, even if it comes back in January, it would still crash someday. It's a disaster waiting to happen. Infact, anyone who doesn't know this unwavering fact is a complete dolt and a pillock!

Well said. It will surely crash but first it will crash some people's yuletide.
Re: MMM Blocks Withdrawal Of Funds For One Month! by shollyboy2: 10:31am On Dec 13, 2016
so this is to break some people's heart

Re: MMM Blocks Withdrawal Of Funds For One Month! by Setaje(f): 10:31am On Dec 13, 2016
tosyne2much:
Ólè ni è jawe cheesy

So you can't invest 500k? cheesy

For where!!!! I will go and open a snail pen at the back of my father's house If I have such money right now
Re: MMM Blocks Withdrawal Of Funds For One Month! by dmcdad: 10:33am On Dec 13, 2016
ollah1:


Well said. It will surely crash but first it will crash some people's yuletide.
Gbam! Na that one go spoil everything more sef.
Re: MMM Blocks Withdrawal Of Funds For One Month! by Nobody: 10:33am On Dec 13, 2016
dmcdad:

Gbam! Na that one go spoil everything more sef.


Lol. You don get am
Re: MMM Blocks Withdrawal Of Funds For One Month! by Nobody: 10:34am On Dec 13, 2016
Setaje:


For where!!!! I will go and open a snail pen at the back of my father's house If I have such money right now

Lol is it a good business
Re: MMM Blocks Withdrawal Of Funds For One Month! by epistleNow(m): 10:34am On Dec 13, 2016
jollymizzle:
OK since you asked nicely it's time to explain how 'they' run away with the money. The method of providing help/getting help is the way. They would have agents in the country while colluding with banks. How it works is that their agents would be matched always to get help while not providing. So with the rest of the participants pHing and ghing . The agents would only be ghing. They will then take their share and launder the rest to their ogas overseas. Hope this answered your question. Ask if you still have any?

You sound so certain of your assertion.

Colluding with banks and all, that's looks like a grand theft scheme.

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