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Friday, January 27, 2017

MMM ALERTS: NIGERIANS EMBRACES NEW POLICIES TO GET HELP


The twist on the other side of life had made many MMM participants resile to fate on the workability of the Ponszi Scheme once again.

The MMM administrator had on the 12th day of December, 2016 frozen all accounts and making withdrawal of money out of the scheme impossible. The scheme administrator therefore declared the 14th day of January 2017 as the new date for unfreezing accounts of which all money would be paid back to the subscribers of the Scheme.

 Following this, on the 13th of January, 2017, several subscribers accounts were unfrozen while all accounts were unfrozen on the 14th day of January as earlier declared by the scheme administrators.

despite, the unfrozen of the accounts, the Ponzi Scheme administrators came out with statements declaring only persons of little or considerable amount of investment in the scheme would be merged and paid while other persons with quite a large sum of investment would wait for the system to balance or out of its panic state.

Truly, some persons whose investment are below 50, 000 naira had benefited from the unfreezing of the accounts only if they sought help on time. while others with large investments in the scheme are waiting endlessly for a miracle.

The question is, how long would these people wait for the system to be balanced and out of panic? and what magic could convince other persons donate to the scheme for all to be paid once again? It had been observed, that since the 14th of January, 2017 when the accounts were officially unfrozen, the administrators of the popular scheme had refused to give or issue any further statements, while all pending Get Help orders created by the participants were unilaterally cancelled.

Upon cancellation of all participants pending payment orders, no order for payment could be created. From all shared experiences, it is quite notorious that many of the participants invested their entire life savings and fortunes, while others including bank managers and churches used their respective customers 'savings' and tithe to invest in the scheme. many diverted funds meant for other necessities into the scheme, some other persons borrowed from friends, family and financial institutions to invest in the scheme. The consideration such as these had led to the untimely death of of many Nigerians.

The scheme came at a time a downward turn had been casted on the Nigeria economy hence making the temptation for Nigerians to participates in such schemes inevitable.

It is certain something is totally wrong with the scheme, and since many Nigerians are facing the hardship and pains of their investment into the scheme, the question is, where do they go from here?


We give all for Benefits...

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