As the popular ponzi scheme – MMM Nigeria continues
its downward trend here are some of the lies many
have heard about he scheme.
1. There is No Central Account So Your Money Cannot
Be Taken By Anyone
The truth is that MMM is setup in such a way that the
guys at the top can channel and transfer huge funds
probably going into hundreds of millions of naira out of
the system and leave the low-level members to pay for
it. This is primarily what has happened; you don’t see
top Guiders complaining? Why? They have made their
huge profits from gaming gullible people at the bottom
of the pyramid.
2. It is a Mutual Help Community
If this is so, I am sure Nigerians are very kind people,
the fact that millions cannot ‘Get Help’ tells you, you
entered a Ponzi scheme not a mutual help community.
3. Authorities in Different Countries are Against MMM
Because it Threatens Commercial Banks
This is practically not true in Nigeria because you
Mavrodians were paying money into each other’s’ bank
accounts; the more transactions you do, the more
money banks make. Nigerian regulators like the Central
Bank of Nigeria (CBN) and the Securities and Exchange
Commission (SEC) warned people against MMM and
similar schemes because it is their duty to do so. As
you probably realize now, they cannot help you if you
lose money from the scheme, what they should have
done, they did.
4. MMM is Not an Investment, It is Charity
Then why are you worried and your blood pressure
rising? I do not lose sleep over charity I give, if you are
losing sleep over money you put in MMM that is not
comingback to you, then you were investing in the
hopes of a huge return, not giving charity.
5. Mavrodi Cares So Much About the World and Created
MMM to Help the Poor
Really? An ex-convict from Russia where you can get
away with a lot of things that will land you in jail in
other countries cares about you? Sorry, Sergei Mavrodi
is just a convict that has not changed his ways.
6. You are Helping to Positively Change the World by
Joining and Promoting MMM
You mean you are helping Mavrodi scam more people.
The world definitely needs positive change. However, it
is not going to come from Ponzi schemes like MMM.
7. Those that are Asking You Not to Join MMM are
Jealous of Mavrodians
‘A fool and his money are easily parted’, nothing to be
jealous about in this.
8. Mavros keep Growing and are Actually Worth Much
At least now you know that you can have 1 trillion
Mavros but it will not buy you anything at the market,
maybe a dirty slap though.
9. Nobody is Controlling the System, It is self-sustaining
Now, you know better of course. From freezing
accounts to changing the rules inthe middle of the
game, you definitely have someone bossing you around
in this Ponzi scheme.
10. Those that Warn You Against MMM Do Not Want to
Be Rich
You really need to be part of our organization’s
meetings to see that there are probably very few
Mavrodians that have more drive to make money than
me. The only difference is some of us seek legitimate
money and are not looking for get-rich-quick schemes.
