News
Ponzi Scheme (MMM) Returns, Woos Nigerians Again
Mavrodi Mundial Moneybox popularly known as (MMM), the Ponzi scheme which ruined the hope of over three million Nigerians in 2017, returns
You’ll recall that in 2017, lots of Nigerians who participated in the quick money-making scheme, ended up losing their hard-earned money after it surprisingly packed up.
Well, the new version is now known as MMM Cooperation, which promises as much as 50 percent return on any amount invested. This is about 20 percent more than what the defunct version offered.
Meanwhile, just like the preceding version, participants are basically required to register, invest an amount in the form of “providing help” before “getting help” with all their investment and interest back after 30 days.
Surprisingly, some Nigerians are already falling for it again as many seems excited already!
Recall that the Ponzi scheme had announced a blackout in early April 2018 following the shocking death of its founder Sergei Mavrodi,
A Notice on MMM Nigeria website had read. “After much deliberation, we have made the conclusion that continuing the system operation, without our leader and ideological inspirer, is impossible and makes no sense,” well, in an astonishing change of events, the Ponzi scheme declared it had re-launched internationally since January “to make Mavrodi’s legacy worthwhile.”
MMM Cooperation, surprised everyone in the early hours of the morning, as they set the pace on the 22nd of January 2019 globally.
A new message on its website read “From negligence by many to fear of unknown by prospective participants at the beginning; we are where we are today being most populous platform all over the world with six million participants all in space of four months,”
“MMM is in over 170 countries”. As revealed by one of the coordinators who gave his name simply as Guider Tee on twitter
The NBA All-Star game has now to be called The Kobe Bryant MVP Award. NBA commissioner, Adam Silver made this announcement on Saturday 15th February.
The Kobe Bryant MVP Award will be given this Sunday at the closing of this year’s All-Star Game in Chicago. Both teams will be captained by Giannis Antetokounmpo and Lebron James respectively. Team Lebron will put on No 2 and team Giannis will put on No 24. These two numbers were worn by Gianna, Kobe’s daughter and Kobe Bryant.
Recall that Kobe won the All-Star Game MVP in 2002, 2007, 2009, and 2011. Also, he played as the youngest player to feature in the All-Star Game at 19 in 1998.
Modibbo Kawu, the DG of the National Broadcasting Commission, NBC, has been put on suspension by President Buhari. This came following his corruption charges by the Independent Corrupt Practices, ICPC.
This development was confirmed by Armstrong Idachaba, NBC’s Director of Broadcast Monitoring. Further, the most senior director in the commission has been directed to take over from Modibbo Kawu.
Modibbo Kawu is currently facing a 12-count charge bordering on money laundering, abuse of office, and misleading a public officer with the intent of defrauding the government.
So, this contravenes Section 26 (1) (c) of the Corrupt Practices and other Related Offenses Act 2000 and punishable under Section 19 of the same Act.
Beisdes, Modibbo was first arraigned in May 2019 over the alleged misappropriation of N 2.5 billion for the digital switch-over (DSO) program of the government.
The Health Ministry in Egypt has confirmed the first case of the deadly Coronavirus. The authorities made this disclosure on Friday 14th February in a press release. They said the World Health Organization has been informed and the patient is in isolation for monitoring and treatment.
The patient’s nationality was not given. However, Egypt is the 28th country in the world to record Coronavirus and the first in Africa.
So, over 64,000 cases of the Coronavirus have been diagnosed around the world and 1,363 persons have been confirmed dead since its outbreak in Wuhan, China
