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