Shortly after celebrating one year of operations in Nigeria, MMM announced freezing of participants' accounts for one month. Follow latest news about MMM crisis on NAIJ.com
An estimated three million Nigerians have lost N18billion in Mavrodi Mundial Movement (MMM), according to the Nigerian Deposit Insurance Corporation (NDIC).
A very luxury car with a customized plate number, MMM 2, which is probably owned by a top guilder, of the Ponzi scheme has been spotted in the streets of Lagos.
As millions of Nigeria continue to hope and pray they get their money back from MMM Nigeria, the Ponzi scheme has decided to implement a new strategy.
Since the fall of MMM Nigeria, several Ponzi schemes have sprung up with more enticing promises. One of such is Twinkas which promises 200% returns.
Following the crash of popular ponzi scheme Mavrodi Mondial Movement (MMM), most Nigerians were affected, like this student who attempted to kill himself.
The crash of MMM has elicited different responses from Nigerians. Comedian Kelvin Sapp even invited Jesus to help him get back his money.
Ada Kole an investor in the popular MMM ponzi scheme died from complications arising form his drinking insecticide in December 2016. Nigerians have reacted.
The number of those dealt a raw deal by the MMM Ponzi scheme continues to rise. The latest casualty of the scheme is a man in a university in eastern Nigeria.
A Pastor of Deeper Life bible Church, on Sunday in Asaba, Delta state, kicked against the ponzi schemes making wave in the country, saying they are satanic.
Participants of the Mavrodi Mondial Movement Ponzi scheme awaiting new updates on their investments would just have to take to fate with a new development.
This was one of the success stories, that was given of how a MMM participant made N1,238,000 from the scheme. He revealed how he made such a huge amount.
MMM members are starting to realise the money invested in the scheme might have gone for real. On this note, the top guiders have provided clarifications on GH.
MMM has been having issues ever since the portals got opened this year. This MMM participant's story will move you to pity. Losing N3.6 million is not a joke.
The various participants have now jumped into other local versions which sprang up to fill the gap the failed MMM venture created before it crashed last year.
Mavrodi Mondial Moneybox (MMM) Nigeria has assured members that the scheme is coming back to normal and all limits for Mavro acquired in 2017 have been lifted.
MMM, the popular money doubling scheme that helped thousands of Nigerians reap where they have not sowed is on a mission to save lives. Check out the handsome d
It appears that MMM Nigeria is starting afresh in 2017 and participants may not be getting their 2016 mavros (the money they invested in 2016 before it crashed)
One Mavrodian (MMM participant) identified simply as Mike has lent his voice to the many speaking against the Ponzi scheme. He said MMM Nigeria is dead.
A Karmo Grade 1 Area Court in Abuja on Thursday, February 9, sentenced one Hassan Joshua, 38, to two months’ imprisonment for investing customer's money in MMM.
Many Mavrodians as they called, have been giving suggestions on how to revive the money doubling scheme and have been campaigning for people to donate more.
An MMM guider has come out to reveal some baffling things about MMM Nigeria, stating the obvious that the scheme has failed but members don't want to accept it.
The long awaited new model for popular Ponzi scheme MMM may be coming out soon as programmers are almost done and are currently deploying and testing it.