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"UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC - Education (2) - Nairaland

Nairaland ForumNairaland GeneralEducation"UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC (34726 Views)

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Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by segzyogondus(m): 9:04am On Jan 15, 2017
We always look for whom to blame.... Even Buhari's regime got so many students stranded from getting money for School and he claims MMM caused it ...Abi himself invest school money for MMM ??
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by sammexxy(m): 9:05am On Jan 15, 2017
so u wanna blame mmm for dis?must u relate everytin to mmm?u shuld say we r in recession too cos of mmm.u just making mmm popular tenx for dat
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by IamPatriotic(m):
The VC may be correct after all, some people borrowed close to #800,000.000 from my office cooperative and invested in MMM, hoping to make quick money, you all know what happened thereafter, the president and the financial Secretary who signed the cheques may be arrested next week as staff who needed money to pay children's school fees and house rent could not get their contributions.
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by Nobody: 9:07am On Jan 15, 2017
maybe its time all MMM participants quit Nairaland and start some other website,enough is enough!Seun bans almost everything that will bring money forex,cryptocurrency etc the one he doesn't ban,he gives negative publicity.
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by Orikinla1: 9:09am On Jan 15, 2017

Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by Antoeni(m): 9:10am On Jan 15, 2017
Employee : Sir, you called me?
Boss : Yeah,go to the rest room and masturbate.
Employee : (After few mins) ,done sir
Boss : Do it again.
Employee : Done again, sir.
Boss : Do it once more
Employee : pls sir I don't have
stamina for it, sir.
Boss : Very good,here is my car key, drop my daughter home. Okay
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by codedtins: 9:12am On Jan 15, 2017
uns dey agitate say mmm go come bac
ppl go begin cash out.
fools.
mmm has gone 4life.
even if the site reopens.
jus as dey did in souti.
no diff here.
una go pend
jus d way we dey pend for jesus to come.
fools
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by Baba4dgals: 9:12am On Jan 15, 2017
Ok
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by Deman05(m): 9:13am On Jan 15, 2017
Truth be told. MMM is 80% responsible. I wonder what will happen again this year. mmm remains the biggest scam in Nigeria in particular, that directly affects the populace in both negative and positive way.
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by gbegemaster(m): 9:14am On Jan 15, 2017
wahabian:
maybe its time all MMM participants quit Nairaland and start some other website,enough is enough!Seun bans almost everything that will bring money forex,cryptocurrency etc the one he doesn't ban,he gives negative publicity.
Read the post of IamPatriotic above you. That's one of the reasons Seun bans those stupid pyramid schemes.
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by pressplay411(m): 9:18am On Jan 15, 2017
freeze001:
When idiots have failed in their responsibility they look for whom to blame..MMM is now the scapegoat.
Lmao. don't lie iss jus paining you cos MMM never pay.

MMM gast pay up cos plenty yawa go gas and fowl yansh will experience an Atlantic breeze and open o.

Other financial institutions and microfinances will soon start coming after their debtors who invested in you-know-where.
Mavrodi biko just try pay already na.
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by dabrake(m): 9:21am On Jan 15, 2017
You mean this man who, alongside Aregbesola, presented a mug to their best graduating student ?
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by Benoxvals(m): 9:25am On Jan 15, 2017
It's high time the mods stopped this their anti-mmm stuff..it's now becoming childish.
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by stenlydxlite(m): 9:27am On Jan 15, 2017
I can't believe this real,demn it, this man must be insane.This a disgrace to Osun State University,you just sold out the school image.
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by Jeffy1206(m): 9:29am On Jan 15, 2017
E Don tey my post reach front page... Make I run go find topic on mmm to be on fp angry undecided
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by Adesiji77: 9:31am On Jan 15, 2017
Double wahala
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by feeloscar(m): 9:44am On Jan 15, 2017
ojimbo:
The gods must be crazy
8:20 no go sweet reach 9:15

Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by nkemjacob2(m): 9:45am On Jan 15, 2017
all dis cheap bloggers... wht is ur problem.
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by Taeewo(m): 10:10am On Jan 15, 2017
lofty900:
don't mind the zombie, all these useless bloggers looking for useless traffic with mmm keyword, investors king my yansh. U know nothing about investment!!!!
punch newspaper is now blogger.. ..Thanks for letting me know that.. ...God bless you.. .
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by kings09(m): 10:12am On Jan 15, 2017
E concern u? Is it ur money? Wch kind bad belle be dis. Leave dem to their risks
soldierdollar:
grin

It is still the same unfortunate students that will attack you when you write anything against MMM. They worship Mavrodi and liken him to a good.
Have you all seen it? People's money are trapped in MMM but one zombie will come out and shout ,"long live MMM" ,"together , we change the world " . I guess Mavrodi is changing it for them grin
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by slap1(m): 10:14am On Jan 15, 2017
Toutish words from a VC. Just open your mouth and blabber away.
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by Nobody: 10:15am On Jan 15, 2017
Lols. See this zombie o. Him don chop the school money come de find cover for under mmm ni. Don't worry, EFCC WILL FISH YOU OUT OF THE COVER. OLODO Rapata. Mmm kill una butcher una.
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by ipodstinks: 10:19am On Jan 15, 2017
freeze001:
When idiots have failed in their responsibility they look for whom to blame..MMM is now the scapegoat.
you dey reply them. they will die cos of mmm matter. they know their zombies haters will flood their yeye sites.
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by ipodstinks: 10:22am On Jan 15, 2017
codedtins:
uns dey agitate say mmm go come bac
ppl go begin cash out.
fools.
mmm has gone 4life.
even if the site reopens.
jus as dey did in souti.
no diff here.
una go pend
jus d way we dey pend for jesus to come.
fools
okay, we don hear you. can you kindly shift to one side now cos u are irrelevant.
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by afroxyz: 10:22am On Jan 15, 2017
Nairaland is fast losing its fragile integrity with this quest to get traffic with MMM. It shows they don't even trust themselves to get traffic with over 2m members. Even Linda Ikeji is not this amateurish. Shame
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by ITbomb(m): 10:23am On Jan 15, 2017
If it was MMM why is it only your school
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by PRINCEZUKO1(m): 10:24am On Jan 15, 2017
MMM HAS PAID
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by dy27(m): 10:26am On Jan 15, 2017
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by MrIcredible: 10:31am On Jan 15, 2017
[s]
2tek:
another mmm post.

2tek replies an MMM hater---maclatunji

The following are my questions to the subscribers to MMM popularly called Mavrodians.
here are the answers from my understanding.

1. Where do you think the money you are collecting through MMM is coming from?

MMM claims not to be a business and not an investment, so where do you think the 30% return which excites you so much is coming from?

ANSWER:the 30% comes from traffic generated from the website,money donated by new members, money re-donated by old members and help from other countries. it is ALMOST IMPOSSIBLE for ALL these 4 conditions not to occur. MARK ZUCKERBERG, the owner of Facebook is the 5th or 6th richest in the world and one of the ways he gets his money is through traffic generated by Facebook. MMM is currently in over 120 countries of the world with over 200 million participants.

2. Do you know what a Ponzi scheme is?

I have to ask this question because of those who defend MMM with the claim that they have made money from it. To be the clear, a minority will make money from Ponzi schemes being the early adopters that help to create the exponential growth. However, the latter subscribers are the ones that lose greatly. If you understand this, you will not present this argument as evidence for MMM not being a fraud.

ANSWER:BIG LIE.The early adopters will pay the newcomers. the next set of newcomers will pay the early adopters and it continues like that. its a circle that will never end. Money is redistributed among members of MMM on the principle of gratuitousness, benevolence and reciprocity. MMM members donate FREELY to each other. Nobody was forced to join MMM. We are aware of the risks both implicit and explicit. No man has ever succeeded financially without taking CALCULATED RISKS.

3. Where did you get the money you invested in MMM from?

You could not use that money in any legitimate business?

I ask this question because many MMM subscribers behave as if they were incapable of earning money before MMM came.

ANSWER:A good number of MMM subscribers are gainfully employed and have normal businesses. Remember, There is nothing wrong in having an alternative source of income. Remember, we have DANGOTE CEMENT, DANGOTE SUGAR, DANGOTE RICE FARM and now in the pipeline - DANGOTE REFINERY.

4. Is it that you don’t understand that governments across the world are duty-bound not to allow a Ponzi scheme started by an ex-convict that has scammed people across the world operate freely within their countries?

This one is self-explanatory, Sergey Mavrodi the main brain behind MMM is an ex-convict. He got convicted for scamming Russians with a precursor scheme to MMM.

[b]ANSWER: Point of correction-MMM has never defrauded anyone. MMM became so popular in RUSSIA and was controlling one third of the total money in russia at a time, so the government became jealous and decided to loot the peoples money using 17 trucks to carry/loot cash from MMM OFFICES. That is the main reason MMM doesn't have a CENTRAL ACCOUNT where money can easily be stolen.The government of Russia defrauded the participants,not MMM. They claimed SERGEI MAVRODI/MMM evaded tax but MMM/SERGEI MAVRODI stood his ground telling/educating the government oppressors that MMM is not a business that should pay tax. MMM is just a community of people donating/helping each other with their spare cash. DO you pax tax to the government on the spare money you donate to your brother or neighbour or give out as charity? MMM has come to destroy the current unfair and unjust financial world order/institutions, so don't expect the government,CBN,SEC, etc to be happy. MMM has come to liberate people from financial bondage and servitude. The financial APOCALYPSE is inevitable. MMM servers(cloud servers) are not located in NIGERIA, so the government CAN NOT STOP MMM. the same way the government can not stop facebook,youtube,twitter etc.[/b]


5. Explain how MMM is a revolutionary idea that commercial banking should be afraid of?

MMM subcribers are quick to tag banks as stealing from their customers while MMM is the solution for the masses. Curiously enough, they pay into each other’s bank accounts; curious to say the least.

ANSWER:MMM gives 30% every 30days which the banks CAN NOT give. MMM gives 10% referral bonus. NO serious MMM participant will take loan from any bank again. No serious MMM participant will maintain any fixed deposit in the bank again. No serious MMM participant will buy any dubious, non performing shares again.


6. Do you understand that wealth is created based on the value you create not through this system operated by a few people to rob people of their money while leaving them in the lurch?

Let us say all of us joined MMM, where would productive output come from?

ANSWER: MMM does not stop anyone who is serious from being productive. MMM will in fact assist to provide the financial boost needed for people to be more productive. MANY MMM participants are gainfully employed and engage in various productive businesses and entrepreneurial ventures.


7. Did you anticipate that your ‘investment’ (sorry, your ‘Mavros’) could be frozen without you having any say on what happens next?

I am sure many ‘Mavrodians’ did not expect this December debacle, but we are here.

ANSWER: PAUSE MODE/FREEZING OF ACCOUNTS is one of the strategies employed by MMM for STABILITY AND SUSTAINABILITY. its not a new strategy, only those who didn't read/research well about MMM will claim ignorance. THe number of participants GHing*(getting help or withdrawing money) from the system should balance with the number of participants PHing*(providing help or depositing money) otherwise a PAUSE MODE is activated which normally lasts from 1-2months. MMM has lasted for 5years in its current form since 2011, and that is one of the strategies adopted over the years. it was adopted in south africa and zimbabwe and the MMM in both countries is doing fine now. Even banks couldn't pay many customers this PAST festive season. ATMs were dried, with no cash in them for people during yuletide season. Is that not a form of PAUSE MODE?


8. Do you agree that as a promoter of the scheme, you are quite dubious because you are seeking to reap bountifully at the expense of others when the scheme crashes?

Note I wrote ‘when’ not ‘if’

ANSWER: OGA, MMM CAN NOT and i repeat CAN NOT crash. The worst that can happen is a pause mode/re-start. A pause mode is not a crash. my people perish for lack of knowledge. It is easier for a camel to pass through the eye of the needle than for MMM to crash. MMM is an ideology. MMM is like religion, religion CAN NOT CRASH. The day an individual dies, his own MMM or religion has CRASHED. Everybody in the world CAN NOT die at the same time.In a pause mode, MMM will manually calculate how much each individual has earned from the system, those who have made 'profit' already and 'rich' will have their old mavros/money frozen and released gradually, but the poor,newcomers or 1st timers will be queued up to be paid first by the system followed by others. thereby ensuring that NOBODY looses money. and the system PH/GH RATIO will balance in time.

9. Do you not worry that you could have a hand in the death or grievous harm happening to people who could lose money from MMM and become suicidal?

We already have reports of some people taking poison because their money got frozen this December.

ANSWER: MMM is sincere and transparent, hence the WARNING to ALL participants to participate with their spare money. This is CLEARLY WRITTEN on the programs website home page. MMM participants are adults responsible for their actions.

10. Do you understand that you are effectively using time that you could use for productive activity to promote a questionable scheme at best?

If you understand that time lost is irrecoverable, why waste it?

ANSWER: MMM is not a questionable scheme. MMM is an ideology that is changing lives of millions of people around the world. MMM is bridging the gap between the rich and the poor. If any adult decides to dedicate few hours or days to donate his/her spare money to charity or a neighbour in need, or teach people how to do same, do u consider that wasteful? MMM is helping humanity, that is CERTAINLY NOT WASTEFUL.

Your answers and feedback are quite welcome.

Source: http://www.opinions.ng/top-10-questions-mmm-subscribers-mavrodians-answer/
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Issorite
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by otokx(m): 10:33am On Jan 15, 2017
The way some VC's talk at times is quite shameful.
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by gbegemaster(m): 10:33am On Jan 15, 2017
soldierdollar:
grin

It is still the same unfortunate students that will attack you when you write anything against MMM. They worship Mavrodi and liken him to a good.
Have you all seen it? People's money are trapped in MMM but one zombie will come out and shout ,"long live MMM" ,"together , we change the world " . I guess Mavrodi is changing it for them grin
My brother it's just madness. MMM Religion loading.
Re: "UNIOSUN Students Invested Their Fees In MMM, They Must Pay N2bn Debt" - VC by Manaty2nice(m): 10:38am On Jan 15, 2017
Is it that Nigerianz don't know the different between Investment and Gambling? It baffles me when I Hear Nigerianz Say They Invested In MMM! Dat's not investment, we are all "Gambling"!
1 2 3 Reply

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