₦airaland Forum

They will not listen now, these schemes cannot stand the test of time and they are coming out again in different forms. MMM Global, GREEN MAVRO etc. They are all MMM rebranded created to continue where MMM stopped... Beware!

see una mouth..is Nigeria not a ponzi scheme?

Yes, the market value of N5m in MMM account is currently N4000. There are buyers for it.

post=69501043:
Like seriously?!

they have started Again

LoL, all those people forming business gurus that were dropping business quotes
MMM turned people to financial analysts

obojememe:
that was how mmm chop my 70k...

if na only 70k MMM chop u walai dem no chop u anything, u never ask man pikin wetin dey chop 'm.

Bilaludeen:
Nigeria stock exchange

NIGERIANS have again been advised to desist from investing their money in investments that offer unreasonable levels of returns at little risk to investors.

This was stated by Ag. Director General of the Securities and Exchange Commission (SEC) Ms Mary Uduk during a Town Hall meeting on Current Initiatives by the SEC Nigeria to enhance investor value held in Port Harcourt, Rivers State, Wednesday.

In a statement by the Commission, Uduk, while enjoining investors to be wary of any investment that is proposing return levels that are unreasonably high, added that they should always cross check that such fund managers and the products they are offering are registered with the SEC.

The Ag. DG told the audience that the specific objective of the meeting is to keep Nigerians abreast of the initiatives that SEC is currently undertaking in order to make the capital market more user friendly such that people can participate in it with greater ease, comfort and convenience.

“There is the added and all-important purpose of ensuring that the gains of your participation, be these dividends, proceeds from share sales/transfers, etc. accrue to you seamlessly, without sweat and in the shortest time possible.

The purpose is also to ensure that you do not fall victim to the antics of fraudsters who purport to be able to double any amount of money you make available to them as investment value.

“These fraudsters or promoters of Ponzi Schemes are the false prophets of the investment environment, they are the ill wind that blows no good and at whose sight you must flee; they are to be avoided. This is one message you must take home to family, friends, relations and acquaintances in order to save them from the agony of loss of their hard–earned money” she stated.

Uduk also used the occasion to inform investors that SEC is currently leading the entire capital market industry in an effort to migrate all shareholders to an e –Dividend regime.

The essence of the e-Dividend Mandate Management System she said, is to eradicate or reduce to the barest minimum the incidence of unclaimed dividend.

“Unclaimed dividend is an undesirable feature of the Nigerian capital market which denies investors/shareholders the gains of participating in the capital market. It denies the economy access to the huge amount of money which should have accrued to shareholders and would have gone into circulation to oil the wheel of the economy.

“It is a consequence of the bottlenecks which are inherent in the erstwhile paper dividend warrant regime such as postal system inefficiency, change in investors’ addresses, poor fidelity and human fallibility in dividend payment processes, amongst others.

Uduk stated that the e-Dividend regime bypasses these limitations by ensuring that dividends which do not exceed 12 years of issue are credited directly to an investors account after the declaration by the paying company and within a stipulated payment period through simple interbank transfer.

Recall that the e-Dividend registration exercise started on November 23, 2016. Each successful registration cost N150, however, between that time and March 31, 2018, the Commission underwrote the registration cost for all investors that mandated.

Other initiatives by the SEC according to Uduk include, Direct Cash Settlement, dematerialisation, National Investor Protection Fund, Recapitalisation of capital market operators, corporate governance scorecard, new rules for products innovation, development of commodity exchange, Collective Investment Schemes among others.

In his remarks, Head of Port Harcourt Zonal office of SEC, Mr Obi Adindu said the SEC is interested in making the capital market stronger and better and a means of creating wealth for Nigerians.

“We are here to get your views on our initiatives and policies so that we can fine tune them where necessary in a bid to ensure that your investments are well protected in the capital market” Adindu added.
http://surecontents..com/2018/07/avoid-ponzi-schemes-sec-warns-nigerians.html

Hunger and starvation has made Nigerians so desperate to break fourth and hence allowing us make a wrong decision.

1234IKECHhukwu:
if na only 70k MMM chop u walai dem no chop u anything, u never ask man pikin wetin dey chop 'm.

na my total nysc savings that year b dat

Oyindidi:
Even if them use jazz, oyin no go fall for their trap

Oyin forget that thing na today,when u start seeing alert for mama nkechi phone (ur neighbour) na u go carry m for head pass others

obojememe:
that was how mmm chop my 70k...

Your own better na

they have cum again ooooooooooooooooooooooooooooooo

Sheunma:
MMM isnt ponzi scheme. it is an ideology

Abeg I no wan that kind ideology in short make that kind ideology catch fire.

Money making machine (MMM)that thing finish people career & destiny no be here.

Pascal181:
Is there any ponzi scheme going on now?

Of course there re, but codedly.

MMM

1234IKECHhukwu:
Oyin forget that thing na today,when u start seeing alert for mama nkechi phone (ur neighbour) na u go carry m for head pass others

I mean am o

goldenval:
only insane person will fall for this ponzi scheme at this stage..

I don't think CBN,EFCC,ICPC,SEC staffs etc were insane when they participated at the initial time &'ll still participate again once the likes of MMM is declared up & running again.

dominique:
I'm also starting to notice a recent low-key return of the ponzi schemes. They're packaged differently now and the organizers will insist that it not a ponzi but an investment. People should better shine their eyes, there is no easy money anywhere

Gbam

post=69500321:
Hope they listen.
If they still see another one called W.W.W promising one week payment, they will still rush into it.
Rugged Nigerians!

this regime = ponzi

is Nigeria it self not a ponzi scheme?

Sanchase:
Most people on Nairaland have over N5m on their MMM account

Only me lost #1,030,000, it weak me... I nearly see hell

so na only MMM u people sabi, I run different type of ponzi. btc and naira which one I no do, talk of any ponzi. Na naw I realize say people wey dey behind self no get good intention na to scam.
My eye don open naw, naso my Frnd introduce me to cryptofxworld early this month, I tell him say I don hear. As am telling u naw the site is down. I say my eye don open, I no dey do ponzi again.

even call it telecom, or advertising for company be it 1k daily or 3k daily, I no dey do again.
ponzi u show me pepper, he no go better for u.
As we r saying I stil get money for winthrlls

mi kaye, I no dey do ponzi again.[b]so na only MMM u people sabi, I run different type of ponzi. btc and naira which one I no do, talk of any ponzi. Na naw I realize say people wey dey behind self no get good intention na to scam.
My eye don open naw, naso my Frnd introduce me to cryptofxworld early this month, I tell him say I don hear. As am telling u naw the site is down. I say my eye don open, I no dey do ponzi again.

even call it telecom, or advertising for company be it 1k daily or 3k daily, I no dey do again.
ponzi u show me pepper, he no go better for u.
As we r saying I stil get money for winthrlls

mi kaye, I no dey do ponzi again.[/b]so na only MMM u people sabi, I run different type of ponzi. btc and naira which one I no do, talk of any ponzi. Na naw I realize say people wey dey behind self no get good intention na to scam.
My eye don open naw, naso my Frnd introduce me to cryptofxworld early this month, I tell him say I don hear. As am telling u naw the site is down. I say my eye don open, I no dey do ponzi again.

even call it telecom, or advertising for company be it 1k daily or 3k daily, I no dey do again.
ponzi u show me pepper, he no go better for u.
As we r saying I stil get money for winthrlls

mi kaye, I no dey do ponzi again.

mmm is coming back soon from sergey mavrodi brother. all old participant will get your money back. this is confirm news.

whycee001:
so na only MMM u people sabi, I run different type of ponzi. btc and naira which one I no do, talk of any ponzi. Na naw I realize say people wey dey behind self no get good intention na to scam.
My eye don open naw, naso my Frnd introduce me to cryptofxworld early this month, I tell him say I don hear. As am telling u naw the site is down. I say my eye don open, I no dey do ponzi again.

even call it telecom, or advertising for company be it 1k daily or 3k daily, I no dey do again.
ponzi u show me pepper, he no go better for u.
As we r saying I stil get money for winthrlls

mi kaye, I no dey do ponzi again.[b]so na only MMM u people sabi, I run different type of ponzi. btc and naira which one I no do, talk of any ponzi. Na naw I realize say people wey dey behind self no get good intention na to scam.
My eye don open naw, naso my Frnd introduce me to cryptofxworld early this month, I tell him say I don hear. As am telling u naw the site is down. I say my eye don open, I no dey do ponzi again.

even call it telecom, or advertising for company be it 1k daily or 3k daily, I no dey do again.
ponzi u show me pepper, he no go better for u.
As we r saying I stil get money for winthrlls

mi kaye, I no dey do ponzi again.[/b]so na only MMM u people sabi, I run different type of ponzi. btc and naira which one I no do, talk of any ponzi. Na naw I realize say people wey dey behind self no get good intention na to scam.
My eye don open naw, naso my Frnd introduce me to cryptofxworld early this month, I tell him say I don hear. As am telling u naw the site is down. I say my eye don open, I no dey do ponzi again.

even call it telecom, or advertising for company be it 1k daily or 3k daily, I no dey do again.
ponzi u show me pepper, he no go better for u.
As we r saying I stil get money for winthrlls

mi kaye, I no dey do ponzi again.

[b]

whycee001:
so na only MMM u people sabi, I run different type of ponzi. btc and naira which one I no do, talk of any ponzi. Na naw I realize say people wey dey behind self no get good intention na to scam.
My eye don open naw, naso my Frnd introduce me to cryptofxworld early this month, I tell him say I don hear. As am telling u naw the site is down. I say my eye don open, I no dey do ponzi again.

even call it telecom, or advertising for company be it 1k daily or 3k daily, I no dey do again.
ponzi u show me pepper, he no go better for u.
As we r saying I stil get money for winthrlls

mi kaye, I no dey do ponzi again.[b]so na only MMM u people sabi, I run different type of ponzi. btc and naira which one I no do, talk of any ponzi. Na naw I realize say people wey dey behind self no get good intention na to scam.
My eye don open naw, naso my Frnd introduce me to cryptofxworld early this month, I tell him say I don hear. As am telling u naw the site is down. I say my eye don open, I no dey do ponzi again.

even call it telecom, or advertising for company be it 1k daily or 3k daily, I no dey do again.
ponzi u show me pepper, he no go better for u.
As we r saying I stil get money for winthrlls

mi kaye, I no dey do ponzi again.[/b]so na only MMM u people sabi, I run different type of ponzi. btc and naira which one I no do, talk of any ponzi. Na naw I realize say people wey dey behind self no get good intention na to scam.
My eye don open naw, naso my Frnd introduce me to cryptofxworld early this month, I tell him say I don hear. As am telling u naw the site is down. I say my eye don open, I no dey do ponzi again.

even call it telecom, or advertising for company be it 1k daily or 3k daily, I no dey do again.
ponzi u show me pepper, he no go better for u.
As we r saying I stil get money for winthrlls

mi kaye, I no dey do ponzi again.

[/b]

whycee001:
so na only MMM u people sabi, I run different type of ponzi. btc and naira which one I no do, talk of any ponzi. Na naw I realize say people wey dey behind self no get good intention na to scam.
My eye don open naw, naso my Frnd introduce me to cryptofxworld early this month, I tell him say I don hear. As am telling u naw the site is down. I say my eye don open, I no dey do ponzi again.

even call it telecom, or advertising for company be it 1k daily or 3k daily, I no dey do again.
ponzi u show me pepper, he no go better for u.
As we r saying I stil get money for winthrlls

mi kaye, I no dey do ponzi again.[b]so na only MMM u people sabi, I run different type of ponzi. btc and naira which one I no do, talk of any ponzi. Na naw I realize say people wey dey behind self no get good intention na to scam.
My eye don open naw, naso my Frnd introduce me to cryptofxworld early this month, I tell him say I don hear. As am telling u naw the site is down. I say my eye don open, I no dey do ponzi again.

even call it telecom, or advertising for company be it 1k daily or 3k daily, I no dey do again.
ponzi u show me pepper, he no go better for u.
As we r saying I stil get money for winthrlls

mi kaye, I no dey do ponzi again.[/b]so na only MMM u people sabi, I run different type of ponzi. btc and naira which one I no do, talk of any ponzi. Na naw I realize say people wey dey behind self no get good intention na to scam.
My eye don open naw, naso my Frnd introduce me to cryptofxworld early this month, I tell him say I don hear. As am telling u naw the site is down. I say my eye don open, I no dey do ponzi again.

even call it telecom, or advertising for company be it 1k daily or 3k daily, I no dey do again.
ponzi u show me pepper, he no go better for u.
As we r saying I stil get money for winthrlls

mi kaye, I no dey do ponzi again.

so na only MMM u people sabi, I run different type of ponzi. btc and naira which one I no do, talk of any ponzi. Na naw I realize say people wey dey behind self no get good intention na to scam.
My eye don open naw, naso my Frnd introduce me to cryptofxworld early this month, I tell him say I don hear. As am telling u naw the site is down. I say my eye don open, I no dey do ponzi again.

even call it telecom, or advertising for company be it 1k daily or 3k daily, I no dey do again.
ponzi u show me pepper, he no go better for u.
As we r saying I stil get money for winthrlls

mi kaye, I no dey do ponzi again.

Tell the fraudsters on the pulpit leading the gullibles that can not reason on their own anymore

The Head of Ponzi is warning people. SEC the real Ponzi Scheme
.

Bilaludeen:
Nigeria stock exchange

NIGERIANS have again been advised to desist from investing their money in investments that offer unreasonable levels of returns at little risk to investors.

This was stated by Ag. Director General of the Securities and Exchange Commission (SEC) Ms Mary Uduk during a Town Hall meeting on Current Initiatives by the SEC Nigeria to enhance investor value held in Port Harcourt, Rivers State, Wednesday.

In a statement by the Commission, Uduk, while enjoining investors to be wary of any investment that is proposing return levels that are unreasonably high, added that they should always cross check that such fund managers and the products they are offering are registered with the SEC.

The Ag. DG told the audience that the specific objective of the meeting is to keep Nigerians abreast of the initiatives that SEC is currently undertaking in order to make the capital market more user friendly such that people can participate in it with greater ease, comfort and convenience.

“There is the added and all-important purpose of ensuring that the gains of your participation, be these dividends, proceeds from share sales/transfers, etc. accrue to you seamlessly, without sweat and in the shortest time possible.

The purpose is also to ensure that you do not fall victim to the antics of fraudsters who purport to be able to double any amount of money you make available to them as investment value.

“These fraudsters or promoters of Ponzi Schemes are the false prophets of the investment environment, they are the ill wind that blows no good and at whose sight you must flee; they are to be avoided. This is one message you must take home to family, friends, relations and acquaintances in order to save them from the agony of loss of their hard–earned money” she stated.

Uduk also used the occasion to inform investors that SEC is currently leading the entire capital market industry in an effort to migrate all shareholders to an e –Dividend regime.

The essence of the e-Dividend Mandate Management System she said, is to eradicate or reduce to the barest minimum the incidence of unclaimed dividend.

“Unclaimed dividend is an undesirable feature of the Nigerian capital market which denies investors/shareholders the gains of participating in the capital market. It denies the economy access to the huge amount of money which should have accrued to shareholders and would have gone into circulation to oil the wheel of the economy.

“It is a consequence of the bottlenecks which are inherent in the erstwhile paper dividend warrant regime such as postal system inefficiency, change in investors’ addresses, poor fidelity and human fallibility in dividend payment processes, amongst others.

Uduk stated that the e-Dividend regime bypasses these limitations by ensuring that dividends which do not exceed 12 years of issue are credited directly to an investors account after the declaration by the paying company and within a stipulated payment period through simple interbank transfer.

Recall that the e-Dividend registration exercise started on November 23, 2016. Each successful registration cost N150, however, between that time and March 31, 2018, the Commission underwrote the registration cost for all investors that mandated.

Other initiatives by the SEC according to Uduk include, Direct Cash Settlement, dematerialisation, National Investor Protection Fund, Recapitalisation of capital market operators, corporate governance scorecard, new rules for products innovation, development of commodity exchange, Collective Investment Schemes among others.

In his remarks, Head of Port Harcourt Zonal office of SEC, Mr Obi Adindu said the SEC is interested in making the capital market stronger and better and a means of creating wealth for Nigerians.

“We are here to get your views on our initiatives and policies so that we can fine tune them where necessary in a bid to ensure that your investments are well protected in the capital market” Adindu added.
http://surecontents..com/2018/07/avoid-ponzi-schemes-sec-warns-nigerians.html

Pls run away from iml