Analysts in the e-crime space have impressed the Bank of Ghana (BoG) to strengthen its collaboration with security institutions such as Interpol to stop the operations of ponzi scheme, MMM.


They admit that the complex condition under which the company operates would require effective collaborations to be able to clamp down such operations.


According to the Principal Consultant at the e-Crime bureau, Albert Antwi Bosiako, partnerships between Ghanaian regulators and international agencies will facilitate the halt in MMM's operations.


“In terms of going after them if they are not legally registered to operate as a business, Interpol system provides a good platform…there has been a bit of work and certain protocols that different countries could follow and bring the perpetrators to book,” Mr. Antwi Bosiako suggested.


The activities of the ponzi scheme has already commenced in Ghana.


This comes at a time that Nigerian authorities have been facing a tough time controlling the operations in that country.


Already, some 3 million Nigerians are reported to have lost 18 billion Naira to the scheme.
But a statement by the Bank of Ghana on Wednesday, warned the public not to conduct any business with MMM.


The central bank argued that the scheme's operations flout provisions of the Banks and Specialized Deposit Taking Act.


Mr. Antwi Bosiako who is also however says the legality of the scheme in some jurisdictions will require that Ghana courts the assistance of such states to deal with the situation.


“Some of these operations are registered and legally they are active in some jurisdictions so you will also expect some kind of collaboration between the Bank of Ghana and that of other jurisdictions to monitor and eventually bring the activities of these organisations under some control,” he asserted.


About MMM
The ponzi scheme which was founded some twenty-eight years ago in Russia, currently operates in one hundred and eighteen (118) countries including five African countries.


MMM entices people by promising them a 30 percent return after giving out an amount of money to support others.


This, the scheme says is to 'destroy the world's unjust financial system.'

Source: https://gabrielatanbiyi..com.ng/2017/05/collaborate-with-interpol-others-to.html

Ghanaians reading this, don't MMM, it is Ebola. You will cry at the end.

Its Nigerians that brought it to Ghana,and I have been warning those that are very close to me to stop it that its all scam

una wan die for mmm matter?

There is no point involving any Interpol, the people participating will stop when they are tired of losing money over and over.

Can you imagine these bunch of ignoramuses? How can you go after what you dont understand? Your dumbness is already clearly demonstrated by calling MMM a BUSINESS. MMM IS NOT A BUSINESS NOR AN INVESTMENT, IF YOU LIKE YOU EVEN COLLABORATE WITH INSIDER PARTICIPANTS, YOU CANT DO NOTHING. MMM IS BIGGER THAN YOU. ITS NOT WITHIN REACH. You cannot touch a community where the participants freely participate on their volition, freely pay themselves directly into their individual bank accounts, and in sound mind. Other way smarter countries have tried but failed, talk more of African security forces who carry potbellies for the whole universe. Since when did it become illegal to contribute and be contributed to?

Well, I wonder why am even asking these questions. The media, banks and the government do not want to see it from that view. They are merely just unhappy that the common man is able to make 30% on spare cash and without them of course, they want us to remain poor and subordinates to them.

BAD NEWS FOR YOU MONKEYS

Since you cant stop facebook, You cannot touch MMM
Since you cannot touch twitter, You cannot touch MMM
Since you cannot shutdown the world wide web, You cannot touch MMM. Stuvpeed Fvcks!!!

If you are wise, you would understand what I mean. You can only shoot yourself on your two feet in the attempt and cripple yourself, but you cannot do anything about MMM. MMM is here to stay, best get used to it, OR join. If not, buy a di-ldo, and stick it in urself.

May God help poverty sticken africans to be unblinded. AMEN.

Una no go rest for MMM matter, why Nigerians like poverty self? Them use poverty swear for una ?

fifty:
Can you imagine these bunch of ignoramuses? How can you go after what you dont understand? Your dumbness is already clearly demonstrated by calling MMM a BUSINESS. MMM IS NOT A BUSINESS NOR AN INVESTMENT, IF YOU LIKE YOU EVEN COLLABORATE WITH INSIDER PARTICIPANTS, YOU CANT DO NOTHING. MMM IS BIGGER THAN YOU. ITS NOT WITHIN REACH. You cannot touch a community where the participants freely participate on their volition, freely pay themselves directly into their individual bank accounts, and in sound mind. Other way smarter countries have tried but failed, talk more of African security forces who carry potbellies for the whole universe. Since when did it become illegal to contribute and be contributed to?

Well, I wonder why am even asking these questions. The media, banks and the government do not want to see it from that view. They are merely just unhappy that the common man is able to make 30% on spare cash and without them of course, they want us to remain poor and subordinates to them.

BAD NEWS FOR YOU MONKEYS

Since you cant stop facebook, You cannot touch MMM
Since you cannot touch twitter, You cannot touch MMM
Since you cannot shutdown the world wide web, You cannot touch MMM. Stuvpeed Fvcks!!!

If you are wise, you would understand what I mean. You can only shoot yourself on your two feet in the attempt and cripple yourself, but you cannot do anything about MMM. MMM is here to stay, best get used to it, OR join. If not, buy a di-ldo, and stick it in urself.

May God help poverty sticken africans to be unblinded. AMEN.

On point bro, MMM is a moving force that can't be stopped. It has taken on a life of its own

The truth is MMM is unconventional in its operation and it doesn't owe anyone an apology for that

MMM...an eagle that soars !!!