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Diamond Bank Copies MMM In New Savings Plan. - Business (3) - Nairaland

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Re: Diamond Bank Copies MMM In New Savings Plan. by Os3e(m): 9:16pm On Oct 03, 2016
LieDetector:
oga... You haven't heard because you didn't do a background check before venturing into MMM. Go read up on wiki. MMM first started in Russia.... Several investors there committed suicide after MMM had fold up. The reported loss recorded was and still sounds outrageous. Tread carefully with MMM bro. Stay blessed



I actually did do a check, maybe u shld do a more thorough research. The Russian was actually arrested for running a ponzi scheme in d 90s (not mmm)where participants made large investment with d promise of high profit margins. He was arrested and d scheme crashed. After serving in jail he comes up with a new idea (mmm). The same concept or structure but transparent 4al 2c. He called it a helping community, where different pple cud help each other in struggling economies as defiance to the monopolistic system banks run. It actually runs on the same principle banks use in terms of deposits and withdrawals. Therefore it's competitors will b banks who may stand to lose money.


Am not saying mmm is clean and has no ulterior motive, because everybody is out for what they can get, so how does d Russian gain from this if he receives no funds. Am also not saying it can't crash cos I don't know 2moro. We know little about it now. I think we should all tread carefully. Peace
Re: Diamond Bank Copies MMM In New Savings Plan. by happystep(m): 2:53pm On Nov 05, 2016
We must know that MMM has come to stay, that is why even SEC panics because it will divert people attention from Stocks and Bonds.
There are so many schemes out there, some have been around before MMM Nigeria, ask yourself why no one, even government is complaining about them.Only MMM Nigeria is the focus of all attack and criticism because, Sergei Mavrodi made his mission clear before the Russian Government, that the poor need not to depend on bank or government loan/grant to survive. The banking policy and other investment policy of the government and public sector was designed by the rich to favor the very rich. MMM have come to change that. Why is it that SEC have said nothing about all the Companies which were delisted or placed on technical suspension since after the last stock market crash.
The very rich use the stock market to siphon the savings of the Masses, beware, be warned.
You may need to read Conspiracy of the Rich by Robert Kiyosaki
Re: Diamond Bank Copies MMM In New Savings Plan. by Jethrolite(m): 7:06pm On Nov 05, 2016
LieDetector:
I think this is sparingly distinct from what MMM have on cards. While diamond bank is a legit business organisation registered in Nigeria, MMM is a ponzi scheme operating without licence. Money deposited into diamond bank can be considered safe whilst money deposited into MMM is unarguably being jeopardized hence could be subject to potential loss.


Wanna know how I got to know about MMM? Wiki is a good resource wink
How do you deposit into mmm, stop being ignorant. It is good when diamond bank does it but bad when MMM does it. Remember mmm is the pioneer of peer to peer finance and do not need any form of license because they do not collect money from anyone.

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Re: Diamond Bank Copies MMM In New Savings Plan. by aparazi: 3:27pm On Nov 09, 2016
well done diamond bank.
Re: Diamond Bank Copies MMM In New Savings Plan. by Efukikata(m): 1:52pm On Apr 02, 2017
Are you a Diamond Bank customer and you don't want to waste time on the queue for simple transactions?
Download Diamond Mobile App for all devices here.

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