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The Poison That Is MMM - Investment (3) - Nairaland

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Is MMM Going Down Again? / Is MMM Still Paying? / "My Name Is MMM, I Am A Ponzi Scheme" - Brian Jonah Dennis (2) (3) (4)

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Re: The Poison That Is MMM by TOPCRUISE(m): 11:04am On Jan 27, 2017
WAS ANY WARNING RAISED AGAINST MMM DURING EMBER MONTHS LAST YEAR BY RELIGIOUS ORGANISATION?
IT WAS REPORTED THAT THE EXCUSE OF MANY IS THAT IT IS A WAY OF RAISING HELP.
IT IS WHEN HAVOC HAS BEEN CREATED THAT THEY ARE NOW ISSUING WARNINGS

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Re: The Poison That Is MMM by jbcul4ril(m): 11:08am On Jan 27, 2017
I HAVE JUST BEEN MATCHED grin grin grin grin
Re: The Poison That Is MMM by chessguru(m): 11:12am On Jan 27, 2017
i stand with mmm nigeria .... payment is on now ... mmm is here to stay .

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Re: The Poison That Is MMM by jogojogo: 11:15am On Jan 27, 2017
ekwii:

If that bolded happens, then it not fair, it is complete 419. You people claiming they are still matching, i have not seen any person i know that has been matched.
Abi, na your people or partners in business MMM are matching?

Be living in delusion and fantasy. I have been matched and paid and some of my referral have been paid also. This morning I had numerous matching under my line. Please you people should leave MMM alone.....evil people. You guys are certain MMM is still alive that is why you can't leave MMM alone. Thank God we have a very efficient means of Communication within participants to diffuse the lies and rubbish you guys are spreading. I have also been matched to make payment also and I will zombically pay.......Please leave us alone. Are there no other pressing issues in this Country? It seem most of the populace are already into it if not why the wailing from people like you, Seun and the lying media. I am happy despite the sustained anti MMM campaign we are still making progress against ALL odds.

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Re: The Poison That Is MMM by ekwii: 11:23am On Jan 27, 2017
jogojogo:


Be living in delusion and fantasy. I have been matched and paid and some of my referral have been paid also. This morning I had numerous matching under my line. Please you people should leave MMM alone.....evil people. You guys are certain MMM is still alive that is why you can't leave MMM alone. Thank God we have a very efficient means of Communication within participants to diffuse the lies and rubbish you guys are spreading. I have also been attached to make payment also. I will pay zombically pay.......Please leave us alone. Are there no other pressing issues in this Country? It seem most of the populace are already into it if not why the wailing from people like you, Seun and the lying media.
Oga is a lie, i am also mmm participant, i have more than ten down line. As i am typing this, none has been matched, the system will be telling you number of GH exceeded. That is why i maintain those claiming being matched are MMM partners in dealership.

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Re: The Poison That Is MMM by crownbryan(m): 11:27am On Jan 27, 2017
let MMM rest in peace


Meanwhile, should-schools-expel-teenagers-who-get-pregnant; what-can-a-parent-do? join the discussion

http://www.allaboutschoolsng.com/discussion-forum/school-matters/2-should-schools-expel-teenagers-who-get-pregnant-what-can-a-parent-do
Re: The Poison That Is MMM by jogojogo: 11:41am On Jan 27, 2017
ekwii:

Oga is a lie, i am also mmm participant, i have more than ten down line. As i am typing this, none has been matched, the system will be telling you number of GH exceeded. That is why i maintain those claiming being matched are MMM partners in dealership.

If I lie, may it not be well with me....but if I am telling the truth may it not be well with you (amen)......I don't know the reason why I should come here to lie...It is obvious you lack basic important information. Please get yourself into a whats app group where you can be updated and not to come on line to spread fake news and also attacking those saying the truth........partners in dealership indeed!!!

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Re: The Poison That Is MMM by Banjo24: 11:41am On Jan 27, 2017
This is MMM China 2016,they even have free city bus ,Wow ,so if anyone tell you fake news about China, tell him/her to use the transforma !!! MMM has come to change the world ,I love this ideology !!!

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Re: The Poison That Is MMM by beautifularewa: 11:47am On Jan 27, 2017
Join me. Whatsapp 08065190885 MMM Express

Re: The Poison That Is MMM by jogojogo: 11:57am On Jan 27, 2017
folahann:
When they were getting paid, we couldn't hear word. Now the table has turned, they must not hear word too. Preach on and make fun Of MMM participants

I got paid.....stop wailing
Re: The Poison That Is MMM by Nobody: 11:57am On Jan 27, 2017
what is all this for? to pull down mmm abi,mmm is here to stay,....i have been paid all my money and pledged to provide help of 20k.that's my limit,i started with 5k,10k and later 20k.
Re: The Poison That Is MMM by nkemjacob2(m): 11:59am On Jan 27, 2017
some people / media might die cos of constant posting off mmm matters
Re: The Poison That Is MMM by jogojogo: 12:08pm On Jan 27, 2017
angelusbrut:
what is all this for? to pull down mmm abi,mmm is here to stay,....i have been paid all my money and pledged to provide help of 20k.that's my limit,i started with 5k,10k and later 20k.

The media needs to step up as it is obvious they losing the fight. You could observe that media tempo has been doubled....yet MMM is picking up

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Re: The Poison That Is MMM by kibra4u(m): 12:12pm On Jan 27, 2017
*message from CRO to all guiders*

*There's a massive pairing going on right now which is an indication of positive move in the system, but we want all guiders to inform their downlines that those that won't pay their pay order to simply reject it and get blocked. Mind you, unblocking of account is seemingly impossible because we want to restore the system and eradicate the unserious participants. Since there's is massive matching that implies if everyone starts paying up, you will get your money soon*.
Thank you
Team MMM

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Re: The Poison That Is MMM by Banjo24: 12:18pm On Jan 27, 2017
Massive pairing going on now and people are paying....

I can't imagine how Seun will feel now...

Well that's none of ma biz

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Re: The Poison That Is MMM by Chuochajc: 12:20pm On Jan 27, 2017
Fake news, horribly poor journalism. Do your research well before you release junk here as news.
Re: The Poison That Is MMM by cashlurd(m): 12:24pm On Jan 27, 2017
I am an ordinary participant in MMM and as at the time of this post, I have been successfully matched and paid! below are screenshots of my friends who have also been merged for payment yesterday/today. MMM did a massive merging of GH/PH this morning. I advise everyone to go and check their PO. Long Live MMM

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Re: The Poison That Is MMM by jogojogo: 12:30pm On Jan 27, 2017
Chuochajc:
Fake news, horribly poor journalism. Do your research well before you release junk here as news.

The news in the past few days is Chuddy the number one guider in Nigeria has absconded with his wife as if he loaded all the money in his bag and decided to abscond with all the cash......when you see such write up you see the grave ignorance people or the media has about MMM and its ideologies. And a true participants would only smile at the grave ignorance being displayed by anti MMM. Even if I was not a participant, the way the media and other Nigerians including Seun and his Nairaland cohorts have been crying more than the bereaved as if they genuinely cared would have awoken my curiosity to join the "PONZI SCHEME". I am know we are not that nice as a people and when you see so much emphasis as in case of MMM, then be sure the motive in not genuine.

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Re: The Poison That Is MMM by Vicolan: 12:39pm On Jan 27, 2017
Benite:
Obviously seun has been paid to ruin mmm, am not a guider or have any personal interest in mmm but believes in fair reporting.
seun lalastica and other mods what you guys are doing is very bad and pure wickedness.
Seun you push anti-mmm to fp and block others that are pro mmm which is very bad.
the poeple deserve fair reporting stop being biased.
Seun whatever money you have been paid to ruin mmm is blood money because the panic you are creating have killed many people.
Seun i value this forum and your effort but pls be fair.
Here is a thread i saw this morning stating current state of mmm and people being matched and paid this morning.
see it

https://www.nairaland.com/3595334/breaking-news-mmm-back-better

pls check it out. am not a guider just believe in fair reportage.



Bros u said it all. And later on they will be saying change should begin with me.... Useless guys
Re: The Poison That Is MMM by tohtoh: 12:44pm On Jan 27, 2017
Seun I got alert from mmm today...
E pain u tongue

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Re: The Poison That Is MMM by jogojogo: 12:46pm On Jan 27, 2017
[b]ANTI MMM VOICES......PLEASE COME UP WITH ANOTHER LIES!!!! WE ARE UNSTOPPABLE!!![/b
Re: The Poison That Is MMM by lumeneng22: 12:49pm On Jan 27, 2017
How many times have naira land and fg warn Nigeria people not to join those secret societies where human beings are slaughtered every day and their parts used for money rituals? Abi seun don't know the popular ogboni society does that? Yet politicians and top government executive are members and they remain untouchable. Their members who have repent come openly to confess thus. You pretend to be protecting Nigerians yet we are more deadly here. Did you not see the caveat on the mmm website?

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Re: The Poison That Is MMM by Govo4me2u(m): 12:58pm On Jan 27, 2017
chemystery:
If you read the last sentence,

that was what we anti-MMM crusaders were doing before we were tagged enemy of progress.
over Sabi, protector u have not protect yourself from bad govt u want to protect others

1 Like 1 Share

Re: The Poison That Is MMM by Kakamorufu(m): 1:00pm On Jan 27, 2017
TinaAnita:
Another word for MMM is GREED
just sharap
Re: The Poison That Is MMM by Govo4me2u(m): 1:07pm On Jan 27, 2017
jogojogo:


The media needs to step up as it is obvious they losing the fight. You could observe that media tempo has been doubled....yet MMM is picking up
ADVICE since they couldn't kill MMM let them join but no need, only honest hearted people are needed.
Re: The Poison That Is MMM by cricifixo: 1:08pm On Jan 27, 2017
Nigerian authorities leave mmm alone and face other important things, the only thing that has crashed is Nigeria as a country and not mmm
Re: The Poison That Is MMM by OgorCDL: 1:31pm On Jan 27, 2017
Your ignorance and joblessness precedes you. Keep posting rubbish and tainting your image. MMM will shame you. Don't worry. It's coming. See attached...

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Re: The Poison That Is MMM by ibkonekt(m): 1:58pm On Jan 27, 2017
Ok i want to give my honest opinion on this thread...i was an active member of mmm and i have come to the conclusion that its an ovious scam intended to get greedy people money trapped. Ppl ask how mmm takes your money, this is how the system has no known office or regulatory functions so how do u determine who's account you are paying to....fact is you dont the person is random and unknown to you.. thats the loop hole in mmm....guiders are able to PH anything for free..i know a guider that PH 3.5mil in a month...and that is a beginner guider...u are not paying money to someone that needs help you are paying to thieves who are guiders...they are the scam telling you that ur providing help...ppl be wise
Re: The Poison That Is MMM by havester: 2:17pm On Jan 27, 2017
hmuhammad:
The Central Bank of Nigeria (CBN) recently warned citizens to beware of trading in virtual currencies such as bitcoin, ripples and litecoin. Its warning was in apparent response to the reappearance of Mavrodi Mondial Moneybox (MMM) Ponzi scheme on January 13, after it abruptly froze its account in December last year.  CBN said, “The attention of the banks and other financial institution is hereby drawn to the above risks and you are required to take the following actions pending substantive regulation or decision by the CBN.  Ensure that you do not use, hold, trade and/or transact in any way in virtual currencies.”

Religious organizations also issued warnings against MMM.  Islamic scholars for example said it is haram.  The Redeemed Christian Church of God also warned its members earlier this month against participating in MMM. RCCG’s General Secretary Pastor Johnson Odesola wrote in a memo, “Please be informed that the doctrine of the church does not support get rich quick schemes, gambling, betting etc in any form.  God is and remains our supplier by the application of biblical principles of working diligently with our hands.” 

Despite these warnings from temporal and spiritual authorities, Nigerian participants in MMM are bent on trying their luck in the get rich quick scheme. When they gain money, they hold that up as a validation of the scheme.  When they lose money, they find neat ways to explain it.  This isn’t unconnected with the fact that MMM employs many ways to explain the dubious Ponzi scheme to the gullible. For example, when it returned to Nigeria, MMM claimed that it would now use bitcoin.  The announcement was a clever tactic to piggyback on the rising profile of bitcoin, a virtual currency that was hitherto more popular among online pirates. But their main marketing technique is to get the participants - their victims - to take ownership of the scheme and sell it to more prospects with similar greed and emotional composition.  It is the reason why they give extra points to members who create testimonial videos.

However, Nigerians may pay attention if they know the background of MMM’s founder, no matter their gullibility, appetite for quick cash or uncritical mindset. Sergey Panteleevich Mavrodi is a Russian criminal.  Born in 1955, Mavrodi first established MMM series of pyramid schemes in 1989.  Later, he became a fugitive and was finally convicted in 2007 by a Russian court for defrauding 10,000 people of 4.3 million dollars.  The court sentenced him to four and a half years in penal colony and fined him 10,000 rubles ($390).

Mavrodi’s term in prison didn’t reform him as he returned in 2011 with another version of the pyramid scheme called MMM-2011.  But he is wiser now; as pyramid schemes aren’t illegal under Russian law, he was more truthful.  He declared that, “It is a naked scheme, nothing more ... People interact with each other and give each other money. For no reason!” Yet, a little over a year later, he froze the account and announced that there would be no more payouts! That didn’t stop him from branching into India, China and in September 2015, he forayed into South Africa where he promised 1% interest every day or 30% per month. In 2016, he opened shop in Zimbabwe and etched his footprints in Nigeria, sweeping his roving hands across the bank accounts of greedy Nigerians.

It would appear CBN is struggling to find the appropriate laws to use in declaring the scheme illegal and to also use for possible prosecution of the promoters. This is exactly the position the United States found itself in when Mavrodi ran Stock Generation in that country from 1998 to 2000. First, a district court found that U.S. Securities and Exchange Commission couldn’t establish that SG committed any securities violations. But in 2001, the United States Court of Appeals reversed that decision and in 2003, SEC obtained a permanent injunction against Stock Generation. Nigerian authorities should copy this example. Some Nigerians must be protected from themselves.

Cc; lalasticlala mynd44

http://www.dailytrust.com.ng/news/editorial/the-poison-that-is-mmm/182789.html

instead some of you to write about the sinators and legislootors representing your constituency and senatorial district, na Mmm participant you dey chase around.contunu e go soon clear for yah eye.SMH

1 Like

Re: The Poison That Is MMM by 2tek: 2:30pm On Jan 27, 2017
MMM has come to stay.
# I stand with MMM

REASONS WHY MMM WILL NOT DIE SOON AND MAY NEVER DIE

MMM CUSTOMER CARE: 018887960

(1) NEW MODEL: MMM recently launched a new model that will ensure that there is a daily limit to the amount that will be released.This will make sure that there is substantial amount of money in the system ALL THE TIME.NO MORE massive GH.A good GH(getting help)/PH(providing help) balance ratio will be maintained.This is for the OVER-ALL BENEFIT of the system. Some people may not like this model, but MMM is sorry about any inconvenience caused.MMM is not a get rich quick program.
(2) EXTRA CASH: You don't tell a man whose source of income is MMM that MMM is robbing PETER to pay PAUL.The man knows that when Peter is robbed to pay Paul,He will be robbed to pay Peter and Paul will be robbed to pay him. At the end, money is re-distributed among members.
(3) TRAFFIC GENERATED: MMM gets steady income from the traffic generated by millions of participants using its website.MMM is more popular than facebook in Nigeria. The owner of facebook, Mark Zuckerberg is the 5th richest in the world and one of the ways he makes his money is through trafic generated by his website. MMM is in over 120 countries and has over 200million participants.
(4) NEW MEMBERS SIGN UP: despite media attacks, new members keep signing up to the program. The new members know that those discouraging them will not provide for their financial needs.The new members have seen people who became finacially free and empowered through MMM and won't want to be left out.
(5) OLD MEMBERS RE-DONATE: more than 3millions nigerians have benefitted from MMM nigeria and will remain loyal to the program despite attempts by some enemies of progress. They understand the ideology and will keep participating openly or codedly.
(6) HELP FROM OTHER COUNTRIES: MMM is global, members can help each other from different countries. Global assistance is one of the way MMM survives. Its a one BIG FAMILY. MMM is currently monitoring the re-distribution of over 30BILLION USD peer to peer donation among members in over 120 countries.
(7) PAUSE MODE: A pause mode/freezing of accounts is one of the strategies used over the years to ensure STABILITY and SUSTAINABILITY. old mavros are frozen and released gradually as the PH/GH ratio balances.Nobody will loose money,just delays.
(8 ) DELAYED GH: MMM sometimes delay GH to ensure that more money flows into the system to ensure a more healthy and sustainable system.Delay is not denial as everybody get served.
(9) LONGEVITY: MMM has lasted for more than 5 years,since 2011 and will not go anywhere any time soon, not even in the nearest future. MMM has come to stay.
(10) GENIUS MANAGEMENT: The founder of MMM is a genius programmer and mathematician. Russian and other internationally acclaimed technicians/engineers are working round the clock to ensure the smooth operation of MMM.
(11) CLOUD SERVER: MMM uses cloud server, not shared server. This explains why participants can use the website even when programmers are working at the background.Unlike other programmes that have to shut down for weeks and months for maintenance.No government can shut the cloud server, just as goverment CAN NOT SHUT facebook,youtube,twitter etc
(12) RE-START: if it becomes VERY OBVIOUS that MMM has become over saturated/filled with members, or a major crisis occurs, then A re-start will occur. MMM has 3million members already and there are over 180million nigerians, do u think that will be any time soon? In a restart, MMM will manually calculate how much each member has made and those who have made 'profit' will have to forfeit their old 'excess' mavros and the 1st timers and new comers will be lined up to be paid first, followed by others. NOBODY will loose money in a pause mode or RE-START.Assuming you started MMM with 100k and you have made 1million as 'profit' that has been paid into yOur bank account already but you still have 800k as mavros in the system. MMM will clear the 800k old mavro.
Re: The Poison That Is MMM by kenostika(m): 2:34pm On Jan 27, 2017
People are PHing with full force.Seun, continue to give mmm more publicity,you think you can tarnish the image of mmm,sorry you will vomit that money you have eaten from those that paid you to embark on this infamous move.

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Should I Build In Lagos Or In My Home Town or buy Stocks with my N 11 million / Oando Posts 2014-FY And Q1-2015 Results / Apparently MMM is back, Apparently MMM is about to Crash.

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