2016/12/13

MMM Nigeria One-Month Freezing (Potential crash)

Well I made a post earlier about the so called mutual benefit schemes trending in Nigeria with a clear warning that nothing good actually lasts forever and lately things have not been too good with these schemes especially after the Nigerian House of Assembly discussed the issue on the floor of the house some weeks ago, this came after several warnings from the Central Bank of Nigeria (CBN) and SEC ( Security and Exchange Commission).

Well the MMM office has been sending several messages to participants, some of which was sited by thenaijalisting.blogspot.com.


which goes like this.


"One-Month Freezing of Confirmed Mavros

Dear members!

As usual, in the New Year season the System is experiencing heavy workload. Moreover, it has to deal with the constant frenzy provoked by the authorities in the mass media. The things are still going well; the participants feel calm; everyone gets paid – as you can see, there haven’t been any payment delays or other problems yet – but!.. it is better to avoid taking risk.:-)) (Moreover, there are almost three weeks left to the New Year.)

Hence, on the basis of the above mentioned, from now on all confirmed Mavro will be frozen for a month.

The reason for this measure is evident. We need to prevent any problems during the New Year season, and then, when everything calms down, this measure will be cancelled. (Which we will definitely do.:-))

We hope for your understanding,
Administration"


This was of course after a poorly written message was apparently addressed at the House of Assembly in Nigeria.


"Honorable authorities,

So far MMM has come under a constant attack from you. In this regard, I would like to ask you a few simple questions. Since you are concerned with the interests of millions of your fellow citizens, I hope that  you would be so kind to answer them.

1. What are you trying to get? Do you want the MMM System to collapse and millions of people to suffer? Who will support them then if now MMM is their only means of livelihood? Will you? You even don’t pay wages to people? Or might you not care about them? Might you be using a trendy topic to make a good name for yourselves? What will you say to a mother who will have no money to buy food for her child? Will you let her child die for the sake of the higher interests of the economy?

2. You say that MMM is a scam. What is the scam here, if all members are warned in advance about all the risks, the possible and impossible ones? They know there are no investments at all. The warning is a red text on a yellow background placed on most prominent place of the website.

3. You say that MMM is bad. Why? Yes, it produces nothing, but nothing gets out of the country either. The money is just redistributed among the citizens of Nigeria. It gets from those who are richer to poorer ones, in this way restoring social justice. What''''s wrong with that?

4. You have repeatedly stated that "it should be investigated!.. researched!.." It means you know nothing about this System yet; you even haven’t understood how it works. Isn’t it completely irresponsible of you to make all these allegations and play with the lives of millions of ordinary people?

5. And finally. If you know what is right for people, why is the life so bad in the country?

Sincerely yours,

Sergey Mavrodi

P.S. As for your statement that "everything will collapse soon". The system has been working in Nigeria for a year, and according to your estimates, the total number of members now is  about 3 million people. In Nigeria the population is approximately 195 million. Can you calculate? Will it be “soon"? :-))

Yours sincerely,
Sergey Mavrodi
Together we change the world!
"

Most participants we spoke with before this time complained of getting matched with too many people and some even complained of getting matched immediately to Provide Help (PH), which obviously pointed to the fact that all was not well and as the festive season is around the corner a lot of people are a bit skeptical about the entire scheme.




Will it survive?
Is this the end?
Only time will tell but what is quite obvious is that all is not well.








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