Somebody immediately
quoted all sources he read when the issue
of MMM was brought into the House of
Assembly by Hon. Fijabi
Lol
Number1 hatter.

But within few minutes,
EFCC shut him up and co MMM bad belle
people.


"MMM is not an unlawful business 
as such we cannot go after the promoters of MMM. 

Our questions to the National Assembly is 
” What are we going to charge the promoters of MMM for? 
What law have they violated? 
What money has the system stolen?. 

All these and many more are questions that 
we need to consider before taking any actions. 

MMM does not have any office in the country 
where we can go and ask for details about their activities. 
So our hands are tight."

That's the lines from EFCC Spokeman.

Like i keep saying,
MMM is not a business but mere opportunity.
Yes, it will crash someday just like you and i
will crash someday. Nothing last forever.
Our banks too are no exemption.

Where is Bank PHB today?
Savanah Bank nko?
Cooperative Bank?
Equitorial Trust bank?
and several dozens.

It's never too late for you to join MMM today.
I joined 3 months ago and at this moment, even
if it crash next week (it wouldn't. It's getting stonger by the day)
i have nothing to lose. I have profitted.

Rather than being among bad wishers waiting
for MMM to crash. If you join today and after
30days you have made 30% - 45% of your money,

You can choose to take off your capital and
be using your first month's profit to continue
rolling with MMM

So, if anything happens in the future,
you have nothing to lose but part of
your profit.

This is how Entreprenuer and wise
fellow thinks.

If you can't stop them,
join them before it's too late

I wonder why they call MMM a wonder bank. Who are more of a wonder bank than our politicians, they promise u heaven on earth during campaign but never fulfill it. So if they want to prosecute MMM operators, by far, they should prosecute themselves for failing to fulfill their campaign promises

I don't know what is the bizzness of this so-called lawmakers who cannot mind their business..
What they dont know is that :
MMM is a tsunami waiting to hit the world financial system.. It is obviously unstoppable as its participants in Nigeria alone has hit over 2 million in approximately one year in Nigeria alone... The Governments are frustrated because they know that there is nothing they can do to stop MMM unless they succeed on stopping you and i... So wise up bro as nobody can really stop you unless you stop yourself...

People helping people to succeed; no crime committed

Thank God.Nigerians are wise to make their decisions..

M@toyinc2


MMM Nigeria has been greeted with applause from many and tough criticism and scepticism from others. From the security man who has to live on peanuts to the chief executive who cannot access bank loans, everyone seems to feel richer and comfortable not necessarily because they have a lot of cash but because they have “confidence” that whenever they need cash, they have a community that can donate to them. This is what MMM claims is its ideology. Love over selfishness. For these people, MMM is a saviour and they won’t allow any criticism change their view. It is amazing to see thousands of Nigerians donating to each other.

Some other people don’t buy this. They believe “its too good to be true”. They believe MMM is a ponzi scheme because it allegedly needs new members to continue to thrive.

MMM Nigeria has however continued to grow even with bad media, something that really worries the critics and spectators. MMM Nigeria participants spend millions of naira monthly giving to thousands of less privilege persons in hospitals and orphanage homes, spending time with them in almost every state in Nigeria.

According to their website (www.) and hundreds of participants interviewed, thousands of Nigerians have benefited from donations they provide to each other through the MMM platform. A participant, Ade, got donations of about N900,000 donations to pay for his medical bills after previously donating N500,000.

MMM boasts of transparency by having no central account (so the money cannot be easily stolen) and being truthful with participants. MMM strongly warns participants to donate only spare money and stick to the ideology of helping each other. MMM resists those who want to get rich quick on its platform by putting limitations on possible donations (ten thousand dollars) and removing participants with multiple accounts.

These moves by MMM seem not to impress critics, they argue that MMM has collapsed severally first in Russia, South Africa and recently Zimbabwe. Research shows the Russian government in 1994 saw MMM as a threat and seized millions of participants monies in the MMM head office thereby leading to the collapse. The Russian government excuse was “MMM didn’t pay taxes”. It is hard to trust a Russian government who jailed and killed Nicolai (a foremost economist) by a firing squad for simply predicting the fall of socialism. The founder of MMM was arrested for not paying taxes (which was impossible because there was no law in Russia to tax a joint stock company for selling stocks) and later released when he was voted into parliament in millions of Russians. Clearly, they didn’t see him as the person who stole their money, they knew what their government had done hence the overwhelming vote.

South African banks and media strongly believed MMM was a threat to their economy. The media trial created a panic among participants who didn’t really understand the MMM ideology thereby leading to a panic. People stopped donating to each other. The media apologised to MMM after the disaster and banks unfroze accounts of participants. MMM South Africa restarted and became stronger (http://rsa-mmm.co) http://rsa-mmm.co/news/.

The Zimbabwe story is what is completely untrue. I personally reached out to hundreds of Zimbabweans (participants and non-participants). It is really surprising who is sponsoring such lies, a Zimbabwe participant said. Another Zimbabwe participant said “only some Nigerian online media are broadcasting this false news”. A simple google search of “MMM Zimbabwe” reveals only Nigerian media carried the news which had been posted months back by a Zimbabwe blog. The news was edited to paint MMM Zimbabwe as dead. According to Zimbabweans, the Zimbabwean structure was remodelled to become like the Nigerian structure (which is one of the strongest in the world). They moved from 100% rewards to 20% rewards on their donations. Why Nigeria media carried a false news and why it happened at the same time remains unknown.

What is clear is thousands of MMM participants in Nigeria are spending even in a recession thereby keeping a lot of small and big businesses afloat. MMM participants are also able to finance their entrepreneurial dreams with donations received thereby creating jobs. An edge non-participants really envy.

Join us at 8pm this Saturday live on Lagos Tekevision LTV as we look at the plan to burst MMM in Nigeria. Twitter @ltvsocial @todaystvng

Heard it in the news this morning... EFCC said they can't go after em.. And house of Representatives accepted... So de MMM de go oooo