MMM shocks 3 million participants, bans withdrawal till 2017

Tears and wailing on Tuesday as Mavrodians wake up to the gory news of MMM Nigeria, the infamous Ponzi Scheme, freezing all money in its system till next year.

This single act, many participants believe, may be the end of the ponzi scheme system which the Central Bank of Nigeria has already cautioned the over 2 million participants to be wary of.

When NEWSHELM contacted the Customer Unit of the scheme, no one seemed to be available to answer queries and several requests on the decision and suspension of withdrawals from the system til January, 2017.

Nigerians have taken their frustrations to social media to express their anger at the MMM community.

What appeared promising at first glance has suddenly cast many in the dark as to what hope lies for them as the ponzi system is showing the first signs of collapse, as many have long feared.


Source : The Sun News

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