Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,161,449 members, 7,846,884 topics. Date: Saturday, 01 June 2024 at 05:56 AM |
Nairaland Forum / Nairaland / General / Ponzi Scheme Launches In Kenya And Ghana; Nigerian Participants React (581 Views)
Hackers Took Over Quillars Online Ponzi Scheme / Latest Paying Ponzi Scheme / Dispensal Ponzi Scheme Shot Down Whatsapp Group..........the Beginning Of End. (2) (3) (4)
(1) (Reply)
Ponzi Scheme Launches In Kenya And Ghana; Nigerian Participants React by adgab(m): 6:35pm On Dec 19, 2016 |
The creation of the Mavrodi Mondial Moneybox (MMM)
in Kenya and Ghana, approximately 48 hours after its
activities in Nigeria was suspended for a month, has
caused increased panic among Nigerian MMM
participants.
Chiamaka Ugorji , the wife of Chuddy Ugorji , a leading MMM
Nigeria promoter, attempted to calm nerves by writing an open
letter to participants, but this failed to reassure Nigerians that
their investments were safe.
Some individuals, who spoke to the News Agency of Nigeria
(NAN) on Monday in Abuja, shared their thoughts on the
issue.
A civil servant, Charity Okafor, said “I participated in the
scheme twice by investing N500,000 and one million naira
respectively and I got my money back with the large interest.
“However, I felt I should not participate in the scheme any
longer and I am lucky I had people around me who convinced
me not to reinvest.
“I know I would have turned into a crazy woman if I had
money there during this suspension,” Okafor said.
Ebube Okoh , a housewife, told NAN that she believed the
launch of MMM in Ghana and Kenya had everything to do
with the Nigerian chapter.
“According to the website, the ban on withdrawals is due to
negative reports by the media, heavy workload experiences by
the system, and an attempt to prevent problems during the
New Year.
“I, however, believe that they have run out of people to get
money from to pay back the large investments that were
coming into the system.
“I believe the money obtained in Kenya and Ghana will be
used to make up for the deficit in Nigeria, besides both
countries have higher currency values when compared to the
Nigeria naira.
“The launch in Ghana and Kenya can’t be a coincidence.”
Gregory Bello, an engineer, said “I have money in the
program but I am not as upset as other participants because
it is a small amount of money in comparison to others.
“The money I put in is the interest I got from my last
investment. I am one of those hoping the system comes back
in January for the sake of our sanity. I have friends who put in
millions of naira and have either suddenly fallen ill or are
showing signs of depression.
“I just pray that MMM Nigeria has not crashed because many
people will commit suicide or turn crazy,” Bello said.
Pulse News Agency Local By NAN
brings you the latest news from Nigeria,
covering breaking news in business, politics,
entertainment, technology, and more.
You Know I' m Just Joking by Ayomide Tayo My
conversation with an MMM disciple
MMM Nigeria Ponzi founder Sergey Mavrodi tells Nigerian
journalists to stop writing lies
Ponzi Schemes MMM or Yahoo Yahoo which one is better ?
MMM Chuddy Ugorji reportedly receives new SUV from
guiders
MMM Chuddy Ugorji denies ownership of Nigerian Ponzi
scheme
MMM Heartbreak Ponzi scheme participant begs operators
to return his money
MMM Reclaim Mysterious site pops up, promises to refund
Ponzi scheme investors
MMM Man beats wife to coma for investing in Ponzi
scheme
MMM Nigeria Wife of Nigerian Ponzi scheme creator writes
open letter
MMM Ponzi scheme launches in Kenya , promises better
returns
Gist |
(1) (Reply)
Say Your End Of The Year Shout Out Here. / Selfe / Best/fun Places To Visit In Portharcourt
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 10 |