…As Millions Of Nigerians On The Brink Of Losing
Their Money
Members of the famous money-doubling scheme, Mavrodi Mundial Moneybox,
MMM Nigeria have been thrown into panic and great confusion, Tuesday, following
the message from the ponzi scheme freezing all confirmed Mavros, otherwise
known as money due for withdrawal for one month. This means, all the accounts
of members who are due to be paid after having ‘provided help’ (PH) to another
person since the last month have been frozen and hence, have no access to
request for payment, known as ‘Get Help’ (GH) until after one month.
All members woke up with the shock message displayed on the screen as
soon as they logged into their accounts. Giving reasons for freezing the
Mavros, the scheme said it is experiencing heavy workload and want to deal with
the attacks coming from the country’s mass media.
All members woke up with the shock message displayed on the screen as
soon as they logged into their accounts. Giving reasons for freezing the
Mavros, the scheme said it is experiencing heavy workload and want to deal with
the attacks coming from the country’s mass media.
Panic quarters and Lamentations: In a whatsapp group, MMM Nexus Solution,
members of the ponzi scheme, many who are Guilders, have launched their
displeasure over the new development. Many have lamented that they don’t know
how to communicate the development to their downliners (Those they persuaded to
stake their money in the ponzi scheme). They also argued that this decision of
the scheme’s management will trigger the downfall of the scheme. They said most
people will hence, be skeptical in staking their money while a good number of
them said such decision is selfish and would have been better if it was
conveyed to members before now. One of the members with the name, Rosy, said
thus: ” This rule is obnoxious, unscrupulous, provocative, insensitive….they
did not advise them well, evil prophesy coming to pass.” Another, Samroyal
said: “it shouldn’t have been now when both the media and govt are predicting
that it will soon collapse thereby trying to discourage pple from it.” Another
member lamented thus; ” One of my down lines was supposed to pay 50k today and
he has just called me to tell me he isn’t paying again till this is sorted out.
Exactly my point. If millions GH in January, how will the system manage that,
bearing in mind that this act of suspension of GH this period will discourage
many people from joining; who will pay the January GH?” And yet another member
lamented thus: “I am a member of NBA Abuja branch, tomorrow, we have a seminar
on lottery, gaming, casino, MMM etc hosted by Nat lottery Comm. I have been a
strong MMM advocate amongst Abuja lawyers, what do i tell them tomorrow?”
Another member said: “I have been an advocate of MMM since I joined in
September but this act of shifting the goalpost in the middle of the match is a
very useless and stupid one by MMM. I have 3 new down lines whose 50 dollars
bonus is supposed to mature on thursday, what do I tell them? I tried so hard
to convince them to join mmm. What they could have done is to make all new PH
to stay for one month.” However, this member seemed to be very courageous
despite the message. He wrote thus: “I was drinking Hollandia yoghurt when
someone called me to say that MMM has been frozen. Oboy, the Hollandia started
tasting like Alomo. But no shaking….. I dey kanpe.” Recall that a similar ponzi
scheme, Ultimate Cycler, crashed last two weeks and up until now, the site is
yet to be alive. Although a message displayed on the site said it is undergoing
maintenance, a routine it said would only last for about 6 to 12 hours, yet,
for two weeks now, the site is still unaccessible.
When accessed, the site initially displayed an error line of code, before
displaying ”Error 500” in bold letters, then it proceeded to display another
message: “Be right back. We are currently updating the site to give you a more
pleasurable experience and will be back online shortly. Our update estimation
is to be complete over the next 6 – 12 hours. Thank you, Peter Wolfing. Also
read: Fear grips Nigerians in MMM, others as ponzi website, Ultimate Cycler,
crashes With the current freezing message from MMM, the fear is that it could
tour the line of the crashed Ultimate Cycler. This tends to further give
grounds to another school of thought who have it that all ponzi schemes do not
last more than one year. In defence of MMM:mmm However, the following is a response
message to members by the first Nigerian Guider, Chuddy. “Hi Mavrodians, As we
all must have seen in our PO of the news on Mavro frozen for a month.” “This
isn’t the first of its kind. It happens when their are excess PANIC in the
system It was placed on Zimbabwe and after the duration it was lifted.” “This
idea is brought forward to Calm the members down on intending Threat the FG and
Mass media has planned on the system. It doesn’t mean that their is no more
money in the system because in my PO now as a guider, I have about 2million+ PH
orders. And I know it would be like that in most Guiders PO too. So you see!!!
Money to pay out the orders wouldn’t be a problem.” “But the Admins needed to
apply measures to sustain the growth of the system. In order to fight issues
that may arose as a result of Massive PH already this xmas. Issues like *
Uploading of Fake POP *non confirmation of orders and the rest.” “So this is
the best strategy to put FG to shame. We all need not panic as our money is in
safe hands. Check out your Mavros and you see your money is intact both for 30%
bonuses and 20% accrued bonuses.” “You can keep PHing if you have the money,
though you will definitely not be matched until Mavros are unfrozen. But that
will really go a long way for you as your PH made this December will surely be
giving you extra 20% after paying out next year. No cause for Alarm. We live to
expect a stronger MMM by January 14th, 2017.” “Guider Chuddy.”
And yet,
another member wrote thus in defense of MMM: ” “MMM HAS OVER ten(10) SAFTY NETS
WHICH WILL NEVER MAKE IT CRASH AND U NEVER NOTICE BUT I WILL MENTION TEN(10)
OUT OF THEM. 1, Pause mode 2, 14 days defrost 3, Extension of the getting help
hours 4, Seeking help from neighboring country 5, No central account attached
7, Peer to peer system 8, Guider’s efforts 9 PH match hours extension 10,
Website upgrades and security” “1, Pause mode This process is applied when the
numbers of the people getting help is greater than the people help. The system
will pause the GH transactions and allow more PH to come into the system for
the duration of 2 and half months, WHICH IN OUR CASE IS JUST ONE (1) MONTH (30
DAYS) then the system will now restart and work perfectly PH means provide help
and the GH means get help” “2, 14 days defrost The participants will not be
able to withdraw their money until after 14 days when the payments have been
confirmed. During this process, more PH would have come into the system
therefore there would be pool of cash to pay the old participants. “3,
Extension of GH hours this occur when there is a public holidays when the banks
are not working therefore, there won’t be transaction and it may cause the
problem to the system. The system will now extend the hours of the people who
are getting help at that period to allow more People providing help into the
system.” “4, Help seeking from neighboring country When there are more GH than
PH in a country, MMM will look into the other countries which are doing well
and match them together, pending the time that the affected country will be
OK.” “6, No central account attached MMM does not have a certain account that
we are sending to. MMM doesn’t collect your money.” “7, Peer to peer system
Participants pay directly to the bank account of the other participants seeking
help.” “8, Guider’s efforts Guiders are the heartbeat of MMM, guiders make sure
each and everyone in MMM understand the Ideology of MMM and how it works.” “9,
PH match hours extension. When the system finds out that there are more GH than
PH, the system will extend the hour of old PH so that to hold down their order
matches duration and during this period, the system will allow more new PH to
come into the system to get it balanced.” “10, Website upgrades and security
MMM spends million of dollars in taking care of their website to cub online
fraud in MMM, such as scam and other Threats. Goodmorning Mavroidians.”
courtesy: Vanguardngr.com
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