MMM Pyramid Scheme Fed Off Nigerians Desperation
Over 3 million Nigerians join thousands of investors worldwide who suspect that they have been fleeced by MMM, the Russian pyramid scheme that announced the suspension of its operations in the country for one month - a development that doesn't make for a very Merry Christmas.
MMM.
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Nigeria:
Leave Us Alone - MMM Founder
Vanguard, 18 December 2016
Irked by what he described as bad press against the wonder-bank, Mavrodi Mundial Movement, MMM, its founder, Sergey Mavrodi, has written an open letter to Nigerian journalists,… Read more »
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Nigeria:
An Epidemic Called MMM
Daily Trust, 19 December 2016
At least three million Nigerians will not have a merry Christmas this year. They are among the 200 million participants in the made-in-Russia online Ponzi scheme administered by… Read more »
InFocus
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The operators of the alleged Ponzi scheme say that the setback will only last for a month but people are worried. Read more »
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The House of Representatives has called on law enforcement agencies to track down promoters of Mavrodi Monrodi Moneybox scheme, popularly known as MMM. Read more »