Gist

MMM participants protest unpaid money in Delta

Monday, January 23, 2017 at 9:42 AM by Khadijah Thabit

The participants of popular ponzi scheme MMM in Delta have protested over their unpaid monies which has been stuck in the scheme since December 2016. About 21 civil servants and director's N6.6M is allegedly trapped in the controversial scheme.

LeadershipNG reports that the protesters, many of whom market women and local traders including some youths in Asaba, were seen having a meeting, strategizing on how to get their money back from the scheme. According to them, they were loosing patience on the MMM promises that were never fulfilled almost a month it claimed to have resumed fully.

MMM Participants Protest Unpaid Investments In Delta — MMM Logo

Felix Okafor who is the leader of the group lamented that a large number of them have not been paid and their patience is already wearing out. He said:

“We are running out of patience and our anger is on those brains behind the scheme for the frustration in accessing our funds."

The protesters were said to have rained curses on MMM founder as they broke into tears, saying: “we may be finished, we are yet to get our money paid, MMM had swindled us. It will not be well with the MMM Founder”.

Kate Okafor, who's one of the protesters, said: “I really need help. I provided help of N50,000, now I made a request to get help. The request was processed, but I have not been matched with another participant who will pay me. They won’t even pick my calls. So my money is lost, isn’t it?”

Another one, Harrison Ita Etim, posted: “I am still in the same poo, too, till today!” On her part, Owhotemu Maryjane said: “What is really going on with MMM? If it’s gone, you should let us the participants know. And why is that when someone wants to GH (get help), it will show or create error? You guys had a month to sort this out during the so-called break! So, what, then, is this so-called withdrawal limit that you are now talking about?”

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From Santos Maemi came this: “To all Nigerians, please wake up. This is totally a scam. Don’t be blind”.

Another participant, Christopher Chinedu, said: “If I know that this would happen, I shouldn’t have become a participant . Let’s admit we have lost our money. That is business, I guess close or gain. Somebody has been matched with different people, four, to be precise and they have not paid him now, many days and months after. Hmmm! So, who is going to pay who? I think I have cried enough; it’s time for me to clean my eyes now and forget my N700,000."

Sola Abiadakun, another participant, who provided help in November and asked for help on January 13, said he was matched with four persons but only two paid. “I was only paid N4000 and N10,000, leaving two failed transactions waiting to be rematched,” he said.

However, top guider of the scheme, Bode Wilson, while explaining the reason for delayed payment, said that the number of people requesting for payment was higher than the number providing help. “They have started matching people, but there will be delay in payment, especially for those that pledged huge amounts of money”, Wilson said.