Nigerians yesterday took to social media to express their feelings over the death of MMM founder, Sergei Mavrodi. The Russian businessman, whose pyramid scheme made many...
Ponzi scheme MMM has officially announced a “RESTART” of the system, leaving many Nigerian participants wailing with thousands and millions of Naira trapped in the scheme....
The Senate on Thursday vowed to expose all commercial banks in the country used by discredited Ponzi scheme popularly called Mavrodi Mondial Movement (MMM). The upper...
In spite of the bitter experience that millions of Nigerians have had since the foremost Ponzi scheme in the country, MMM, pulled a break on its...
The popular money multiplier, Mavrodi Mondial Movement, MMM, has added a proviso after it appears that its teeming participants are reluctant (foot-dragging) to invest in the...
Some investors in the Mavrodi Mondial Moneybox, a Ponzi scheme, known simply as MMM, have expressed frustrations over their inability to access their funds in the...
Nigerians have been warned against investing in digital currencies such as Bitcoin, Swisscoin and OneCoin. The Securities and Exchange Commission, SEC, disclosed this in a public...
Less than a month it froze account of Nigerian participants, the money-doubling ponzi scheme, MMM on Friday announced the reopening of operation. We are now open!!!...
A man has attempted to commit suicide in Benue State by ingesting insecticide after Mavrodi Mondial Moneybox froze accounts of participants in the Ponzi scheme, two...
The founder of the Omega Fire Ministry, OFM, Johnson Suleman, has described the pyramid financial scheme called MMM as satanic. Mr. Suleman condemned the scheme, which...
Despite the call by Nigeria’s House of Representatives for the country’s financial regulator and law enforcement agencies to crack down on pyramid financial scheme called MMM,...
The Economic and Financial Crimes Commission, EFCC, has confirmed that it is investigating operations of the MMM investment scheme in Nigeria. EFCC spokesman, Wilson Uwujaren, said...
For instance, the number of Nigerians that now patronize the popular lottery games is on the increase. Some youths are also deeply involved in sport betting...