Stella Dimoko Korkus.com: Zimbabweans Lose Money As MMM Crashes

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Tuesday, 27 September 2016

Zimbabweans Lose Money As MMM Crashes

Thousands of people, among them civil servants and vendors, have lost thousands of dollars to fraudulent online pyramid scheme MMM Global Zimbabwe after it collapsed recently. 




The social financial network, which relied on an accelerating number of new members to pay off the old, abruptly terminated its services last week leaving participants stranded.

This comes as Econet’s mobile financial service platform, EcoCash yesterday distanced itself from the pyramid scheme. Participants claimed they were using EcoCash for their transactions.

Zimbabweans have in the past months been joining the online investment scheme in droves in a bid “to get rich quickly”. The Reserve Bank of Zimbabwe warned people that the scheme was fraudulent and there was no legal recourse in the event they lost their money.

The central bank said MMM, which advertises its operations through a website and recruiting agents, was not a registered or regulated entity. EcoCash yesterday said: “We have noted that some of these pyramid schemes are allegedly advertising in a manner that suggests that the Ecocash facility is a medium for prospective members to deposit their money. 

This is not correct.

“We advise our valued customers and all stakeholders that Ecocash is a licensed mobile payment platform that enables customers to make financial transactions such as sending money, buying prepaid airtime as well as paying for goods and services within the confines of the law of Zimbabwe. EcoCash promotes safe and legal transactions but will not be held liable for any losses arising from the use of EcoCash to engage in illegal activities such as Ponzi schemes.”

The scheme advertises itself as a mutual aid fund under which recruited members contribute money to assist others and are promised investment returns of 30 percent per month. Some of the people left counting their losses told The Herald that they received emails that the scheme had been suspended until September 15.

“All along things were moving in the right direction and we now have nowhere to claim our investments,” said Mr Tinashe Muza of Harare.


“When we started putting our funds in the scheme one could get assistance within seven days but things later changed to 14 days and when we were shut out the waiting period was 21 days. What it simply means is that the number of people in need of help has outnumbered the number of people joining. Right now we have nowhere to get our money which we invested.”


MMM stands for Mavrodi Mondial Moneybox and takes its name from its founder, Sergei Panteleevich Mavrodi of Russia. He founded MMM in 1989 and the scheme was declared bankrupt three years later leading to the disappearance of Mavrodi until his arrest in 2003.


Another victim, Mrs Rosemary Mawonde said: “We never thought the scheme would end this way as we believed that by using EcoCash to do the transactions, things were in order. I am surprised that EcoCash is also distancing itself from the scheme and it is clear that I will never recover the $300 that I invested.”
While some people who were skeptical about the scheme started with small amounts, it is believed some poured in thousands of dollars anticipating higher returns. The RBZ said the schemes were fraudulent as existing investors were ‘paid money not from genuine market investment of their funds, but from contributions made by new investors, until a point when the scheme can no longer attract new investors,”



“The participants are made aware that they make their money by recruiting new members who in turn must recruit more members,” warned the Central Bank.

culled - financialwatchngr

194 comments:

I am the queen and the boss of this blog said...

Jesu!...
They better not crash in Naija abeg!...
I just rendered a help and I no fit shout!...

Loveme Jeje said...

hahahahaha i saw this yesterday. My friend is still telling me to join self. When i remember what baba ijebu did to my sister and her husband, i will not advise anyone. Instead if you have money go and buy stocks. See your stockbrokers that will advise you on what stocks or shares to buy.

Joefirst Joshua said...

Damn! Thank God, I didn't fall for this mmm, one of my fb friend is all over it
#JOeFIRSt

Anonymous said...

Hian!thank God say I no do am,I had my reservations about it#AppleofGod'seye#

Anonymous said...

Why are people so worried about mmm in Zimbabwe, this news is false, they only temporarily closed to change the returns to 30% instead of 100%. MMM is truly changing lives in Nigeria, I earn at least 400k monthly from it, I lost my job and am not even bothered cos am making double my salary, the media is out to bring down this great revolution but they won't succeed, Long Live MMM!

I am the queen and the boss of this blog said...

Nna mehn...
This has opened my eyes!,..
Since December is around the corner,I will stop investing abeg...

Anonymous said...

This just proves you're as stupid as I knew you're. Hahahahahahahaha

Anonymous said...

You need to reboot your senses....dumbo!

Anonymous said...

lies
liesss
liesssss

Sonia said...

Listen!!

divine said...

Lol! I just requested 4 help this morning biko

Anonymous said...

Honestly if everyone keyed into the ideology of mmm, poverty ll stop existing in Nigeria, but rich pple don't want it, ignorant pple are also following them to say MMM is a scam, I personally think it's a genius idea, I worked in the bank for close to 10years, thr is no much difference except that the bank has a central pool of collection and is very greedy hence they give little or no interest, ever wondered why they make billions in profit?, I will keep participating in MMM until it crashes, I started with 100k but I ve made about 3m from it and I am currently earning about 300k monthly, which job ll pay me that? Nigerian govt should even be promoting MMM if you ask me

JACINTA MBACHU said...

Lolz many people invested dia money. I know they are fraudsters

ChyAdaJesus said...

Linda jide obi gi aka nothing dey happen to your PH. Your money is growing dear. And... MMM did and will never crash.

Govt and financial house are fighting tooth and nail to stop us but we are seeds.... you burial us, we germinate again.

Jummy Ayaba said...

Gbengeh,Issokay

Ralu M said...

Will we hear? Even if a deaf man can't hear the sound of a coming train he will feel its vibrations as it approaches. The countries this ponzi scheme has touched are screaming blue murder. CBN has warned Nigerians not to be part of it but will we hear? Continue doing hide and seek with una hard earned money until it vanishes.

Anonymous said...

Stella do your res arch well. It did not crash they just reduced our macro from 100% to 20%. Plsbdont frighten people.

Ideato/ilaje blood said...

Life is a risk Queen! You were warned

Ideato/ilaje blood said...

All MMM participants Beware!!!

Brown Sucre said...

Linda,better wake up n go claim ur cash oo,we no wan hear stories that touch the heart on sdkb.

Eneanya emeka said...

Lool when it is an anambra woman heading it in Nigeria?? THIS IS SCAM you will be paid till they achieve a huge capital they run...

Anonymous said...

Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha...................... to all those who tried to convince me... I told you all this climbing climbing go crash.... how do you reap where you did not sow?............ lazy people..... make una no go comot una eagle till it crashes here in Naija too.... who has ear, let such hear!

Anonymous said...

Seriously

Zitel Coconut oil Onitsha 08081725441 said...

Am afriad of this MMM. An investment with a high ROI n is risk-free as they preach it, is nothing but a miracle. Its well shaa

Naya Nuel said...

Nah they won't crash in Naija, Nigeria is highly populated and we love money, so don't panic, I made 500k just yesterday. Long live MMM biko!

The General's Wife said...

Ah!
Let it not crash here yet o!

Inabeto said...

My fellow sdkers pls be careful. So many mlm and mmms coming up theses days esp in Nigeria. No day passes without someone trying to introduce me to one. Hmmm! I know things are hard but greed isn't the way out. Invest in businesses you are very sure of, all these mmms and mlms are so shortlived. The only one I trust in Nigeria is Oriflame. Imagine this one up there promising 100% profit in one month, only a greedy person will fall prey to this one. Be wise

Shileola Ayo said...

Omo see scam oo, wonder why people will be so gullible

Anonymous said...

Better switch to Gethelpworldwide. I can show you the ropes.

La Katie said...

LMAO you too?
I normally provide help with huge amount of money that will take like 3-4 weeks to get me matched. By then my account has been released and once I get matched, pay, I will request for my money same day. I don't even take chances at all. I don chop beta money from that thing, whether scam or not, I won't stop until it closes down.

Barr. Oma said...

Hmmmmm
I've been abit reluctant to join this MMM stuff,more reason to run far away 👣👣👣

nicky onikan said...

Chooiiiii. Oya MMM defenders, come and explain how it will never crash in Nigeria. I know people that threw a lot of their money into this scheme.

Precious Ibik said...

Today, I will do my best to explain wot really happened in MMM Zimbabwe in order to calm panics in d mind of misinformed MMM participants.

MMM Zimbabwe offers 100% mavro growth in 30days. This was implemented to attract participants due to the economic hardship in the country. This mavro growth for those of us in business is called market penetration. Again their mavro was never frozen just like ours in Nigeria which multiplies for 15 days and also freezes for that long before withdrawal. What happened in Zimbabwe is an implementation of what is already going on in Nigeria. MMM has seen that they don't need no market penetration to attract participants. They mavro growth was reduced from 100% to 20%. 10% below what we are getting in Nigeria(30%). And the mavro is also frozen for 14days just as its been done in Nigeria. The Nigerian Model works perfectly fine and MMM is trying to implement it globally. So there is no collapse of any structure, its just a remodelling of what is already in place in Nigeria
Again this is what happened in south African in April. They reduced their mavro growth from 50% or so to 30% and 20% with other schemes like lotteries introduced. And I can categorically tell you that the South African Mmm community is growing faster and better than ever after that change and reduction in mavro growth.
Some other points to note is: The writer of that piece, has absolutely no knowledge of how mmm works, and the main aim of it is to cause panic. Zimbabwe MMM is still going on even with the 80% decrease in mavro growth. Did anyone lose their money? No. What happened is when u pledge 10k, instead of getting 20k reward in 30days, which is 100% reward, u get 12k which is 20% reward. They are still rewarded with 2k. In Nigeria we get 3k reward for 10k pledge. So did anyone lose their money? Absolutely not. Has it stopped MMM Zimbabwe from continuing? Not at all.
The Nigerian Model of MMM Works perfectly so let's keep it going.

#this is the true info. MMM didn't crash.

Sylviaasss said...

I saw this coming...*sigh * I hope Nigerians will learn from this

Anonymous said...

Make I collect my money o... Queen, u sef dey there? Lol. My throat don sore as I read ds news

Adadioramma said...

Chimoo, am been skeptical about all this.

Anonymous said...

Story!mmm doing fine in zee world

SWAG LAFRESH said...

Poverty is the only thing that will make any sane person get involved in this.

It's better to beg on SDK than do MMM and come here to form posh.

😂😂😂😂😂😂😂😂😂😂😂

Them no go still hear after reading this.

MYS fabric bags 08134794565,2BC3F175 said...

Ghen ghen

Bravitudenaturals said...

I said it
All those idiots advertising and joining mmm in naija
You better withdraw your money.
We all want big money but we don't wanna work for it
I advocate for #legitmoney all the way!

Esther Okoro said...

Thank God they were warned .Hope others will learn a lesson from this .


God Bless Everyone.

Anonymous said...

Naija own is fraudulent haven't u heard? Pple are crying

Tuscany said...

Queen u need not fear na...your odeshi got u protected 😉

Miss Glo (OAP) said...

Looooooooooooool, omo mhen, i cant help but laugh. My former roommate tried all means to get me into the scheme, telling all sorts of benefit, but i asked her about the meaning of mmm, which she couldn't explain. I equally asked her to explain how it worked, her explanation were just incoherent cos, i dont understand how a company would help you when its not a cjarity organisation. I don know say, last last na fraud. I just pity her and her husband who put in millions. E go soon over them.

PRISCABABE said...

Abeg, make the thing no crash here. So many people will even die.

Nora Nelson said...

Madam they will crash sooner or later..

Anonymous said...

It was like that in SA but now we're back on track...we're rolling BIG

Anonymous said...

It wont

Nora Nelson said...

I can never do any business that does not involve a physical product..whether online or offline..

Anonymous said...

They better stop this 100% because it led to a crash of mmm global hence the SA fall as well. THANK God SA is back and 30% is the best.

DonMayor said...

Really ??

beeolah said...

Lol

The Sexiest Mother Of This Blog said...

Naija own is bigger and stronger and it can never crash.
MMM is real
MMM is the real deal

Anonymous said...

Those who u av ears let dem hear, Nigeria is next!!!

LUCILE COCONUT OIL ABUJA 07059605320 Pin- 2BC6235E said...

HmmMmmm,this thing dey fear me oooo,but it looks good shaaa

The Sexiest Mother Of This Blog said...

For people posting rubbish about mmm waiting for its fall in Nigeria.

This Afternoon, I will do my best to explain wot really happened in MMM Zimbabwe in order to calm panics in d mind of misinformed MMM participants. MMM Zimbabwe offers 100% mavro growth in 30days. This was implemented to attract participants due to the economic hardship in the country. This mavro growth for those of us in business is called market penetration. Again their mavro was never frozen just like ours in Nigeria which multiplies for 15 days and also freezes for that long before withdrawal. What happened in Zimbabwe is an implementation of what is already going on in Nigeria. MMM has seen that they don't need no market penetration to attract participants. They mavro growth was reduced from 100% to 20%. 10% below what we are getting in Nigeria(30%). And the mavro is also frozen for 14days just as its been done in Nigeria. The Nigerian Model works perfectly fine and MMM is trying to implement it globally. So there is no collapse of any structure, its just a remodelling of what is already in place in Nigeria Again this is what happened in south African in April. They reduced their mavro growth from 50% or so to 30% and 20% with other schemes like lotteries introduced. And I can categorically tell you that the South African Mmm community is growing faster and better than ever after that change and reduction in mavro growth. Some other points to note is: The writer of that piece, has absolutely no knowledge of how mmm works, and the main aim of it is to cause panic. Zimbabwe MMM is still going on even with the 80% decrease in mavro growth. Did anyone lose their money? No. What happened is when u pledge 10k, instead of getting 20k reward in 30days, which is 100% reward, u get 12k which is 20% reward. They are still rewarded with 2k. In Nigeria we get 3k reward for 10k pledge. So did anyone lose their money? Absolutely not. Has it stopped MMM Zimbabwe from continuing? Not at all. The Nigerian Model of MMM Works perfectly so let's keep it going!

No Shaking.

Anonymous said...

I am the queen and the boss of this blog,i thot u were smarter than that? wat makes u think dt it wont crash in naija? lol,una want get rich quick,js be ready for d surprises. Nonsense mmm.

Anonymous said...

Oh stella thank u oh for this post I wanted to join oh..but with this am not doing again

Anonymous said...

I am the queen and the boss of this blog,i thot u were smarter than that? wat makes u think dt it wont crash in naija? lol,una want get rich quick,js be ready for d surprises. Nonsense mmm.

Anonymous said...

I am the queen and the boss of this blog,i thot u were smarter than that? wat makes u think dt it wont crash in naija? lol,una want get rich quick,js be ready for d surprises. Nonsense mmm.

Okafor roseline said...

Naija is next.

Esther Mgbolu said...

Waoh! Thought as much,my elder sis told me abt it last week but i didn't do it.baba God abeg let it not crash because my sister's money is involved.

Shantelle's Empire said...
This comment has been removed by the author.
Shantelle's Empire said...
This comment has been removed by the author.
Anonymous said...

Hahahahahahhaha, it's a wa oooo,sam as plan well that took people's money and ran away, Nigeria be wise ooo

Shantelle's Empire said...

Linda I hope its not 1mil you gave out?

SUNSHINE said...

Only thieves participate in such nonsense.
If you are greedy, you are prone to scam,
I await their Nigerian platform crash,

Arinola Ipadeola said...

Hahahaha.... Biko stop that play o.

Shantelle's Empire said...

Huh? Now I dont know if i should go ahead with the plan.
After my comment on Ihn yesterday you need to see how they flooded my mail. I never knew their members are much on this blog.
All these ppl that are investing 1million for a start una get mind oh. I cannot come and go and kee masef biko.
I was thinking for a start,i will invest 200k,but believe you me if as little as one naiLa drop from that money I wee just kee masef and run away. For this economy? I no dey for Chere kam bia.

Anonymous said...

pls can some1 teach me how to reply a comments on this blog. want to start replying comments like kilode.

chizzy said...

Lmao!! I have always been skeptical abt dis MMM

Ugonma Ajike said...

Lol! So sorry for their loses. It is well.

Suxesful Suzex said...

I knew this will happen soon, so i am guessing Nigeria is next. Nigerians please collect your money fast oo before it crashes.
There is no quick way to achieving greatness, wealth, and success, Follow the process and you will end up smiling and not crying. MY2CENT

doeyin said...

Smh...nija and quick money...it will definitely crash and I hope they have shock absorber to bear the pains....Nija pple will nvr learn....

edDREAMZ said...

a.k.a EDWIN CHINEDU AZUBUKO said...
.
Nairabet and Bet9ja oti take over....
.
.
***CURRENTLY IN JUPITER***

cakes by Bella's, Abuja. 58DA8ADF, 07080305132, instagram @cakes_by_bellas ,twitter @CBellaabuja said...

Lol..I don't bother about all these things

Emperor Haile said...

mmm pays for real.. forget the media propaganda. the government is behind all the rubbish publication. i still received my alert today.
will never stop PH and GH.

doeyin said...

Hmmm...you better remove your money before it crashes....

REXOVIC said...

CBN DON WARN NIGERIAS NA.... IF YOU FALL MUGU NA OYO BE YOU NAME!!!

Anonymous said...

I said it, that this thing is a scam.
in this Buhari era it is better for you to put dat cash in a fixed deposit acct, dou rates are low now, but its better I safeguard my cash, gain little interest than loose my whole capital.

Anonymous said...

Of course it'll crash. I don't want to that believe you still have faith in this nonsense but u can't say that I'm not surprised. The all a scheme to cheat you at the end.

Kwontinuu

Anonymous said...

This morning, I will do my best to explain wot really happened in MMM Zimbabwe in order to calm panics in d mind of misinformed MMM participants.


MMM Zimbabwe offers 100% mavro growth in 30days. This was implemented to attract participants due to the economic hardship in the country. This mavro growth for those of us in business is called market penetration. Again their mavro was never frozen just like ours in Nigeria which multiplies for 15 days and also freezes for that long before withdrawal. What happened in Zimbabwe is an implementation of what is already going on in Nigeria. MMM has seen that they don't need no market penetration to attract participants. They mavro growth was reduced from 100% to 20%. 10% below what we are getting in Nigeria(30%). And the mavro is also frozen for 14days just as its been done in Nigeria. The Nigerian Model works perfectly fine and MMM is trying to implement it globally. So there is no collapse of any structure, its just a remodelling of what is already in place in Nigeria
Again this is what happened in south African in April. They reduced their mavro growth from 50% or so to 30% and 20% with other schemes like lotteries introduced. And I can categorically tell you that the South African Mmm community is growing faster and better than ever after that change and reduction in mavro growth.
Some other points to note is: The writer of that piece, has absolutely no knowledge of how mmm works, and the main aim of it is to cause panic. Zimbabwe MMM is still going on even with the 80% decrease in mavro growth. Did anyone lose their money? No. What happened is when u pledge 10k, instead of getting 20k reward in 30days, which is 100% reward, u get 12k which is 20% reward. They are still rewarded with 2k. In Nigeria we get 3k reward for 10k pledge. So did anyone lose their money? Absolutely not. Has it stopped MMM Zimbabwe from continuing? Not at all.
The Nigerian Model of MMM Works perfectly so let's keep it going...

Anonymous said...

Let those who haves ears hear. A word is enough for the wise

Juicyinn said...

Stella post my comment

Blackberry said...

If u don't recruit new members, it would definitely crash that's why they say use spare money, don't get greedy, it's like gambling.

Anonymous said...

Pele. Sorry

THELMA'S CAKE WORLD said...

Aarrrrhhhh, mmm which way o

teetee said...

Hmm will dey hear??? Dog wey wan lost no dey hear hunter's whistle.

Obed Nwafor said...

You hard better pray is coming I have heard alot of negative stories about them

j baby said...

Queen MMM didn't crash in Zimbabwe they had a restart it was even 3 months ago, they very much up and running.

Juicyinn said...

We should all note that MMM is not for every body. MMM is not an investment as the writer of that blog keeps calling it.can you take a look again at the post written this morning and the one you posted almost a month ago. Did you see any similarities “All along things were moving in the right direction and we now have nowhere to claim our investments,” said Mr Tinashe Muza of Harare.

“When we started putting our funds in the scheme one could get assistance within seven days but things later changed to 14 days and when we were shut out the waiting period was 21 days. What it simply means is that the number of people in need of help has outnumbered the number of people joining. Right now we have nowhere to get our money which we invested.”

This is reharsh of the post that has been going around for the past 2 months!

stella dellavega said...

A friend bin forcing me to join.i join.i lie I'm scared oh! I'm def sure it will crash very soon. Likes of solid investment, get away club etc crashed

Anonymous said...

Negative stories will always be there.

Edo Cab Guy said...

Hahahahahahahaahahahahahahahahahahahahahahahaahhah

Jennah said...

I just hope when mmm Nigeria eventually crash no one will blame economy for.

Anonymous said...

Thank you, MMM Nig is working perfectly like MMM SA

QUEEN AMY Loves ACCESS BANK said...

Lmao hmm

SWAG LAFRESH said...

They sent you this and you believed? Enjoy jare

Na morning we still dey.

SWAG LAFRESH said...
This comment has been removed by the author.
QUEEN AMY Loves ACCESS BANK said...

You have given me hope,afraid just catch me. Thanks sexiest

j baby said...

The govt just want to d everything to put you in their slavery net, if you allow them, then you re on ur own. What have they done for you. In MMM no one loses cash ask questions, don't draw conclusions with media news, they want to draw traffic.

Anonymous said...

I contacted you as well, I am chopping moneyyyyy from my leader bonuses, I withdraw daily. If u like join, If u like keep.yo.200 na yo own

j baby said...

Preach it.

rillyniddy said...

I already warn my hubby not to trade with big money, but the return as really be helping o, paid my kids school fees and even bought books with it.. mmm make Una no crash for Naija cos planning to do xmas shopping with our 10% interest we will be getting from those under my hubby.

Anonymous said...

YOU ARE A BIG FOOL!! When will people learn?!

Anonymous said...

MMM GLOBAL IS DIFFERENT TO MMM ZIMBABWE, MMM NIGERIA N MMM SA. THE GLOBAL OFFERS A 100% while the specific countries offer a 30% interest. MMM NIGERIA WILL NOT CRASH

I am the queen and the boss of this blog said...

Hmmmmm...

I am the queen and the boss of this blog said...

Shantelle,there is nothing to worry about...
Just invest now and collect your money before Christmas...you can continue next year...
That's my plan!...
I joined in June and I have made a lot...

I am the queen and the boss of this blog said...

Hahahahahahaha...
OMG!...
Investing 1 mill will not give me the kind of interest I want..
I don't want to mention the amount but this will be my last if it pays untill next year...
Amen!

I am the queen and the boss of this blog said...

Which scam?...
Don't say what you don't know...

sholawale said...

I hope Nigerians involve in this MMM go borrow themselves brain oooo... Let the count down begins!

I am the queen and the boss of this blog said...

You know nothing...
I have been eating my 30% since July...

I am the queen and the boss of this blog said...

Ok oh!...

Inabeto said...

My fellow sdkers pls be careful. So many mlm and mmms coming up theses days esp in Nigeria. No day passes without someone trying to introduce me to one. Hmmm! I know things are hard but greed isn't the way out. Invest in businesses you are very sure of, all these mmms and mlms are so shortlived. The only one I trust in Nigeria is Oriflame. Imagine this one up there promising 100% profit in one month, only a greedy person will fall prey to this one. Be wise

I am the queen and the boss of this blog said...

Taa!...
Which people are crying?...

I am the queen and the boss of this blog said...

You are so dumb!...

PRISCABABE said...

Stock does not yield anything now.

PRISCABABE said...

Please put me through on how you make 300k every month. Click on my email. Thanks.

PRISCABABE said...

Am into it ooo, but haven't earned yet. I will let u know when I receive my money. It seems real.

Naya Nuel said...

My sister lost her first 1m to stocks and I know so many other pple ,and SEC did nothing abt it, pple ve lost millions in failed banks and cbn did nothing as well

IJAY said...

MMM so many people are into it in Nigeria

Anonymous said...

U don't ve to be rude or call people names, people advertising are benefiting from it, nobody forced u to join. Whether u join or not, they ll still get paid.

Anonymous said...

ChyadaJesus why write more than one line? You disgraced yourself again, stick to one sentence you won't hear

Anonymous said...

For that ur friend to tell u, she really likes you, if she and her hubby invested millions they must ve made a lot by now, a colleague joined mmm and kept it secret, she was making so much money she never wanted anyone to know. Cos the truth is whether u refer someone or not, u ll still make money.

Anonymous said...

Dumb ass Uye General I knew you will invest. Kwakwakwakwakww

Anonymous said...

A friend just put 2mil in this nonsense (1m seperately). I advised against it. I hope he doesnt come to my house begging for food. people nor dey hear word. When you can not explain where the profit is coming from you should know its fraudulent and bound to crash soonest

Anonymous said...

Swag scroll upstairs all the classy ladies on the blog invested, that is the backbone to their noise here since.

Anonymous said...

Queen smarter@ anon, you dey sleep ni? Chic didn't go to school

The Bestmsn said...

As a 100+ Guider in MMM Nigeria I have a responsibility to enlighten rumour mongers, the unmotivated and the ignorant which comprises of both participant and non participants.

Please understand that MMM is not a business. MMM is not a ponzi. MMM is not an investment. MMM is not a get rich quick scheme.

MMM is simply a community of like-minded people that have come together under one platform to render help to themselves. It is simply a help platform where we donate our spare money. MMM is simply a donation platform to members alike.

When you make a pledge to donate your spare money (just like a lot of us do in our churches, mosques and social clubs), the system tells you to wait while a match is found (your money remains with you until a match is found). This process can take up to 35 days. Please note that MMM will never collect a dime from anyone. It is purely member to member donations. So how can a system that doesn`t take a kobo from you now scam you? That`s an irony!

When a match is found, you`ll receive an order to provide help or donate that spare money that you had pledged. When that is done, you`ll get a confirmation from the member that received the donation. The platform then rewards you for completing that process by awarding you a 1% daily reward on your donation.

One feature about MMM is that your reward is calculated from the very first day the pledge was made. It is as simple as that. So to receive multiple rewards, it makes sense to provide multiple donations.

This goes out to all the naysayers, the workings of MMM is based on banking principles and that`s what makes it so unique. While the banks take all the profit for themselves and their shareholders, MMM has provided a platform that allows the people to distribute the profits among themselves at 1% daily. MMM takes nothing! I repeat, MMM takes nothing!

The world has moved beyond traditional ways of doing things and that includes giving and rewards. Without writing a single content, Mark Zuckerberg has created a platform that has made him the 7th wealthiest person in the world!

My people please wake up from your slumber and smell the coffee. Crowd funding is the future! MMM is found in 118 countries with over 200 million participants! It has never crashed anywhere in the world. It is impossible for MMM to crash and you know why? No single government or organization can break the will of a people that is determined to succeed. The media campaigns only makes MMM stronger.

MMM is here to stay. Together we change the world!

Send a mail to toiclassics1476@gmail.com to join MMM and become a part of this revolution.

Anonymous said...

Clap 4 yasef well well wt d stock illusions,on top dis recession era wt businesses shutting down? Wen dis country's economy hadn't even deteriorated lyk it is nw,people av bin rendered broke n recorded losses crazily,let alone nw??n wat do u expect a stoke broker hustling 4 his own income 2 tell u a newbie,"dont buy any?"..

Efe said...

Ponzi scheme! People who can take risks make money out of it. The trick is in knowing when to pull out.All I thought of when I got their message was 'Plan well'.

ChyAdaJesus said...

Anon 13:11 BE GONE!! It's your one sentence? Umu akaa sef...

ChyAdaJesus said...

Anon thats the spirit jare.. 🙋

that igbo girl said...

WHY ARE Y'ALL NIGGAS HATING...HIAN SEE PROBLEM O. WE KNOW IT WILL CRASH HABA WE ARE NOT STUPID NA. LIFE NA RISK AND WE ARE WILLING TO TAKE IT WITH OUR MONEY...I REPEAT OUR MONEY. WE NO BORROW FROM UNA. SO WHY E HAFF PAIN U PPL LIKE DIS I AM NOT UNDERSTANDING

Krix said...

If that's the case u must be a very greedy woman.
Let me educate u guys how this thing work.
#1 let's say u paid someone u don't know 50k,
After a month or so someone who don't know u but with a shallow mindset like u want to invest 75k and he will be directed to pay into your account, now u are happy because of 25k profit while the other idiot on the other hand will be praying and waiting for another fool who will be ready to invest 105k or more. Now to the Koko, greedy ones like u Linda Eze may wish to invest 500k plus so to make mush profit because u now believe it's real. The organizers will start giving thier account info knowing fully well that u don't hv legal backing to what u are doing and it is now believed that he paid someone who he don't know similar amount. I don't know if anyone understands me but I know it's a scam.
Any huge amount u want to pay in this mmm, the organizers will forward thier account details and believe me the money is gone. The ppl benefitting from it now are the small fishes which is a trap to get the big fishes.
If u are a big fish pls stay on ur lane to avoid stories that touch.

Krix via iPhone 6s Gold

Shantelle's Empire said...

Smh@anon 12:17

ChyAdaJesus said...

La fresh I take you higher than this thing you just wrote...

Well... it's a pity if you feel this way. Be safe.

ChyAdaJesus said...

Lin nnem don't waste your time with these strolls...

that igbo girl said...

ALL ESE FOOLS HERE GO DEY DO ONE STUPID AJO CONTRIBUTION WITH ONE IGBO WOMAN WEY GO WAKE UP ONE DAY CARRY UNA MONEY RUN BACK TO NSUKA AND I BET Y'ALL DON'T EVEN KNOW HOW TO GET TO ENUGU LET ALONE NSUKA. SO SHHHH AND STOP KILLING URSELF OVER ANODA PERSON'S DECISION. EVEN D BIBLE RECOMMENDED U SHLD MIND UR BUSINESS SO UR DAYS MAY BE LONG MBOK

ChyAdaJesus said...

Kisses to you babe...

lovelace said...

Copy and paste abi. Scroll up precious ibik has already done same. Oge meghi voom n'anya. Keep prancing up and down like a little girl given sweet chocolate. When the cards come crashing down, hope you won't clutch your chest in distress.

Shantelle's Empire said...

Ok thanks. Its encouragement I need not these write ups making someone to fia.

Anonymous said...

Swag you are a compound fool

SWAG LAFRESH said...

Time to ignore fools jor.

ChyAdaJesus said...

J baby together we change the WORLD baby...

ChyAdaJesus said...

Loud it 🔊🔊🔊🔊🔊🔊

Scarlett said...

MMM is real (even though i have and will never participate) but like all ponzi scheme, they will crash.

Nigerians are very greedy. right now, most of them prefer to recruit people (just to earn 10% interest from their downlines) than render help. when everyone has that same mindset of recruiting than helping, it will surely crash.

Most MLM, even helping hands Nigeria are already crashing because all their members ran to MMM. Make una enjoy am while it last.

As for me, i will invest in other things than allow greed push me into pledging with MMM

Anonymous said...

Go up dem boku here

Anonymous said...

Jealousy

I am the queen and the boss of this blog said...

Priscababe,if you invest 1 mill you will get 300k after 30-35 days..
That's how it works...

Anonymous said...

MMM has made me king. i am not scared one bit. All na media attack and they can never succeed.

#mmmpays
#mmmrocks

St.FranKooL.... said...

#Your mistakes should be your motivation, not your excuses*

Naya Nuel said...

Guy u deserve to be a guider, u ve said it all, I just applied to be an online consultant, I hope I get d job.

La'creamie said...

Shatap!!!!!!

La'creamie said...

Tell them

Nk 4 real said...

After someone's comment you see where they put reply under it, just click it and reply the Maga,

Lilly simple said...

@ inabeto Oriflame is the bomb, tested n approve
Loving it everyday

La'creamie said...

Together we change Nigeria

The Sexiest Mother Of This Blog said...

Lovelace or whatever. Even if it crashes as u said it won't even remove a pin from my body. I won't even feel it. I am living fine and I am not a pauper like you. If you don't have any reasonable thing to say then get lost. Bastard.

Bloomfield Technologies said...

Plz visit www.ea-mmm.net/ and find out by urself, dont believe on hearsay. MMM Zimbabwe is functioning, u can read current testimonies.

JOIN MMM TODAY AND GET REAL VALUE OF YOUR MONEY.
MMM IS REAL
MMM HAS CHANGED MY FINANCIAL STATUS

1nigeriangirl said...

I'm laughing way to hard. Easy money, easy money

SWAG LAFRESH said...

ChyAdaJesus, everyone with what they believe in.

This is just my opinion.

Sweet choco said...

Make una chill Nothing is crashing. Make una no dey panic. As bad as e bad the only thing that can happen to MMM Nigeria is to reduce it's percentage by next year. But as for crashing, nooo way.
And as for Zimbabwe if you have any friend there ask the person, it didn't crash they only dropped the percentage, they are feeling bad because it dropped way too low from what they used to receive.

Sweet choco said...

Confam don't invest after November. Then till next year let's see what the percentage holds for us.
Maybe self next year a better platform will come up. We gats to just follow the tides.
Man must survive for this cricket nation

Anonymous said...

Krix u lie! If u were talking about the bitcoin payments I would've believed u but not this one.

Anonymous said...

The general wife can you shut up pls, we'rer discussing MMM

Anonymous said...

Shake it well oo, dnt come and beg for hangouts when you're lazy to make yo own money

Anonymous said...

You better borrow one for YOURSELF

I am the queen and the boss of this blog said...

Choi!...
So this Krix is this dumb?...
I thought you are learned but you just exposed your dumb skull!..

All the nonsense you wrote here is rubbish!...
Shut up if you know nothing about mmm...
I started with 1mill and I earned 1.3mill...
I did another one with 2mill and I earned 2.6mil...
This last one I did is 3mill which will earn me nine good hundred k!!...
No one is stealing your money!...
All my money and the interest has been coming back to me...

Eloman Okonkwo said...

PROVERBS 11:24,25

24 One gives generously and ends up with more;Another withholds what should be given, but he comes to poverty.

25 The generous person will prosper,And whoever refreshes others will himself be refreshed.


MMM ALL THE WAY!!!

Cynthia said...

Bad belle everywhere

Krix said...

Linda Eze keep dreaming!
#josephthedreamer
I will soon hear ur cry.

Krix via iPhone 6s Gold

Shantelle's Empire said...

Me lazy/beg? Anon 15:25 you are a bastard. All the money i'v bn making did you help me work for it? Do you know me outside of this blog?
How much do you even have in your account?Honestly speaking you lack good communication skill. In a bid to come off as 'smart' or convincing you sound very ill mannered.
Take yourself outta my post. Moronic degenerate!

La'creamie said...

Yes o...life changer I feel good parararararara,,,,I know that I would na parararararara....

Anonymous said...

That's a fantastic piece bro! You truly said it all. I started MMM 4 months ago with no money, just referrals. Today I'm a Guider and earning 4 million naira rewards monthly, and the rewards keep rising as I grow my team. Long live MMM. Together we change the world.

Anonymous said...

a sincere question for the MMM people.
How does MMM make the money to give the 30% returns. What do they invest in. thanks

lovelace said...

He pain you ooo. You are not a pauper and you wan die on top get rich quick scheme. Trying to sell a 419 scheme to fleece gullible people off their hard earned money. Marketing a product that is virtually unsustainable. Simpleton like you whose belief is to cash in before it crumbles without thinking of others whose life savings may have gone down the drain.
Scallywag from a disjointed illbred family.

Cyndilicious said...

M soo joining dis nd I hhp to mk mmony frm it

Jennah said...

Please if your suffering or prone to High blood pressure please do not go into mmm scheme because the outcome will be disastrous. I hope you guys remember the likes of wonder bank etc they are same as mmm

Anonymous said...

Queen and boss,ChyadaJesus and sweet choco pls how many people do i need to recruit before i get my money and profit. I want to do for this month

Anonymous said...

Kikikikokiki!Laugh haff finish me here oooooo. Me i am patiently waiting 2 get hlp after 27days of 100k pledge which i PHd 5days ago. My hlper biko! Do quick n PH 4 me oooo

Anonymous said...

I feel bloggers now post fake news due to cheap traffic and am surprise one of my favorite blogger Stella is joining them, smh. Get your facts right #stale news

Anonymous said...

It's amazing how ponzi schemes succeed in getting mugus every single time till they crash. Worldwide, both learned and unlearned fall for it every time.
What business do they invest in to be giving you such returns? None! They will tell you they are into oil and gas, real estate etc while all they do is use B's money to pay A. The moment there is no C to bring money to pay B, they disappear. They were able to offer high percentage because of the volume of people signing on, once that reduced, they won't get the money from the air so they reduce the percentage to what can be paid with the number of new sign on.
One thing you need to know is that it will fail one day. It's not a curse, it's a fact. If you must do it, get in early, make your money and get out. Don't get greedy because you will lose once number of new mugus dry up.

Anonymous said...

Stupidity at its peak. Don't take your money and run once you get it, make sure you sell all you have and put the money back. Greed is why these ponzi schemes succeed. Greed!! and nothing else. just like how 419 victims believe that by sending x amount, they will get part of millions trapped in a bank. Sounds like fraud when it's called 419 but 'pyramid' sounds too exotic to be a scam.. Lol

Anonymous said...

Lol for your mind.

Anonymous said...

Well said Lovelace. They will still not hear. Human mind is too fickle when controlled by greed. It's the people that are already doing it, have read the warnings and still will not get out early that I pity. Ponzi schemes have been in existence before I was born and will continue to spring up and pack up. Maga must fall but why should you be the Maga?

Anonymous said...

Hehehe, the Govt is telling you the truth because when it happens, you all which ask them to arrest the scammers. To be forewarned..

Anonymous said...

Keep it going by getting new magas to pay old ones abi? Evil much

Anonymous said...

Lol feeling like smart pants

Anonymous said...

You didn't put in any money and you are making 4m by misleading greedy and gullible ones to put in their money???? Hahahaha Now it makes sense why some want to tear pant and bra in a bid to assure people it's not a scam. They have no capital to lose if it fails.

Efe Obasuyi Michael said...

MMM Zimbabwe did not crashe. MMM Zimbabwe offers 100% mavro growth in 30days. This was implemented to attract participants due to the economic hardship in the country.

I will do my best to explain wot really happened in MMM Zimbabwe in order to calm panics in d mind of misinformed MMM participants. See what happens to MMM Zimbabwe here

Anonymous said...

Good for you Queen and boss. Continue to invest. One day you'd invest 5 million and it won't come back. Ode!

Ebiere Egbejule said...

MMM Rocksssss. Come join us pls.

Anonymous said...

PAUSE MOOD IS WHAT IS GOING ON IN ZIMBABWE EVERY THING WILL NORMALISE VERY SOON

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