May 01, (THEWILL) – Chuddy Ugorji, the initiator of Mavrodi Mondial Moneybox, the popular Ponzi scheme also known as MMM, is back in Nigeria. Ugorji had reportedly fled to the Philippines after a failed assassination attempt on his life in an Abuja hotel in 2017. He had to jump the hotel’s fence to escape from his attackers and afterwards, travelled abroad in company with his wife, Amaka, far away from the painful groans of thousands of Nigerians who lost their hard-earned money to the Ponzi scheme’s crash in 2016.



Ugorji left the scene and nothing was heard of him for a long time only to return recently and quietly introduce another Ponzi scheme called MLM. Due to the public outrage ignited by the collapse of MMM, he has been maintaining a low profile.

Ugorji’s new scheme, MLM, is operated like the crashed MMM. In a nutshell, participants receive help in the form of cash donations and give out cash to members of their communities. The businessman has not been very vocal about it for fear of attracting the attention of those who lost a lot of money when MMM crashed.

Recall that in 2016, Nigerians were introduced to, MMM where its registered participant provided help by donating money to another participant. They also get help by requesting money after some days with a 30 per cent increase in their initial donation. Although many Nigerians invested large sums of money in the scheme, they were unable to cash out before it crashed. But Ugorji, who initiated the scheme in Nigeria, cashed out and lived a flamboyant lifestyle. He splashed pictures of his luxury boat cruise and threw a lavish wedding ceremony that was attended by many celebrities.

Lost my 200k to MMM, if I catch the man, he will collect wotowoto.

The lady that introduced me to the scheme couldn't bear my insults after I lost my money, it was my second attempt after her consistent persuasion, I insulted her sotey she moved out of my area . I know some people lost fortune but don't blame me, that money was a lot to me then.

See his head like bicycle sit.


If them catch you ehn

I no believe

He is coming to introduce a new one as he is running low on cash. Trust Nigerians, he will still get millions of people to invest. After MMM many have been coming out even as close as whatsapp groups. Its not rocket science, just like religious god of Men easily swindle Nigerians with bible weapon what will make a brilliant fine man like this with good format not get Nigerians. When even old polithiefcians can swindle young Nigerians.

Okay

Abeg where be him location? Boyz wan welcome am

Chuddy is still alive?

He get liver.

MLM ? Okay...

He might get roasted by angry Nigerians

I nearly killed my neighbor that introduce me to this scam that year.

Skyfornia:
Lost my 200k to MMM, if I catch the man, he will collect wotowoto.

The lady that introduced me to the scheme couldn't bear my insults after I lost my money, it was my second attempt after her consistent persuasion, I insulted her sotey she moved out of my area . I know some people lost fortune but don't blame me, that money was a lot to me then.

Blame yourself, you succumbed to greed

How una take lose money for MMM?

Me I gained massively oo!

With the money this guy made from MMM, he is supposed to be in a faraway country enjoying his life for the next 2 centuries.

The majority of Nigerians are zombies

Agaracha must come back

He has come back with another one....and I trust Nigerians.....they will still fall

Skyfornia:
Lost my 200k to MMM, if I catch the man, he will collect wotowoto.

The lady that introduced me to the scheme couldn't bear my insults after I lost my money, it was my second attempt after her consistent persuasion, I insulted her sotey she moved out of my area . I know some people lost fortune but don't blame me, that money was a lot to me then.

She moved out because of your insolence over 200k?

Yeah, very likely.

Now this is the reason you should know that crime doesn't pay. This guy made billions and already blew it all in less than a decade.

He's back to his old life of crime. Unfortunately he will still catch fresh greedy Nigerians

michlins:
Now this is the reason you should know that crime doesn't pay. This guy made billions and already blew it all in less than a decade.

He's back to his old life of crime. Unfortunately he will still catch fresh greedy Nigerians

ONE thing about crime, you will always go back to it somehow may die with the persons head. Some people no dey forget ooo, they may roast the guy finally.

So he couldn't have any tangible business idea to invest his ill gotten wealth in?

Of all the criminals, I only doff my cap for Invictus Obi. Guy had vision and plans to build a better world.

Other criminals are only partying and living flamboyant lives from proceeds without any plan to invest.

People will still fall for it

This dude was my classmate... OMG. Never knew he was behind that ponzi scheme

Return to prison or to his house

luizpippo:
May 01, (THEWILL) – Chuddy Ugorji, the initiator of Mavrodi Mondial Moneybox, the popular Ponzi scheme also known as MMM, is back in Nigeria. Ugorji had reportedly fled to the Philippines after a failed assassination attempt on his life in an Abuja hotel in 2017. He had to jump the hotel’s fence to escape from his attackers and afterwards, travelled abroad in company with his wife, Amaka, far away from the painful groans of thousands of Nigerians who lost their hard-earned money to the Ponzi scheme’s crash in 2016.



Ugorji left the scene and nothing was heard of him for a long time only to return recently and quietly introduce another Ponzi scheme called MLM. Due to the public outrage ignited by the collapse of MMM, he has been maintaining a low profile.

Ugorji’s new scheme, MLM, is operated like the crashed MMM. In a nutshell, participants receive help in the form of cash donations and give out cash to members of their communities. The businessman has not been very vocal about it for fear of attracting the attention of those who lost a lot of money when MMM crashed.

Recall that in 2016, Nigerians were introduced to, MMM where its registered participant provided help by donating money to another participant. They also get help by requesting money after some days with a 30 per cent increase in their initial donation. Although many Nigerians invested large sums of money in the scheme, they were unable to cash out before it crashed. But Ugorji, who initiated the scheme in Nigeria, cashed out and lived a flamboyant lifestyle. He splashed pictures of his luxury boat cruise and threw a lavish wedding ceremony that was attended by many celebrities.

Hmm...
RELOADED MATRIX

Hmmm... just like a crime suspect returning to the crime scene...

He passed the touch to this clown.

This guy is back to complete his mission.

The kind thunder when go fire this guy and rebecca, wen introduced that rubbish to me that year ,still dey do press up.

Tonymegabush1:
Return to prison or to his house

.
He has returned to scam more greedy Nigerians.

People will still "invest". They know it's a scam, but will think they're smart and will remove their money before it crashes

People will still fall for it, especially women.

MicroSweet:
This dude was my classmate... OMG. Never knew he was behind that ponzi scheme

this life no balance

MLM? How dumb

Wetin we go do this guy if we catch am eehh?