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SEC alerts public to fake online investment scheme, ‘MMM’

By Helen Oji
01 September 2016   |   2:00 am
The Securities and Exchange Commission (SEC) has issued a public alert on a fake online investment scheme tagged, ‘MMM Federal Republic of Nigeria (nigeria.mmm.net).
DG, SEC,-Mr. Mounir Gwarzo

DG, SEC,-Mr. Mounir Gwarzo

The Securities and Exchange Commission (SEC) has issued a public alert on a fake online investment scheme tagged, ‘MMM Federal Republic of Nigeria (nigeria.mmm.net).

According to the Commission, the platform has embarked on an aggressive online media campaign to lure the investing public to participate in what it called, ‘mutual aid financial network’ with a monthly investment return of 30 per cent.

The Commission explained that the operation of the investment scheme has no tangible business model hence it is a ‘ponzi scheme’ where returns are paid from other people’s invested sum.

SEC noted that the operations of the online scheme is not registered by the Commission.

“
The general public is hereby advised to distance themselves from this online scheme. Please note that anyone that subscribes to this illegal activity does so at his/her own risk.

“
The platform has embarked on an aggressive online media campaign to lure the investing public to participate in what it called ‘mutual aid financial network’ with a monthly investment return of 30 per cent.”

Similarly, SEC also notified the public on the activities of a stockbroker at Zink Avenue, Opposite Eke Market, Awka, Anambra State, who engages in capital market activities without registration within Anambra State and its environment.

“Section 38(1) of the Investments and Securities Act, 2007 requires any person who intends to operate as a professional in the capital market or carry on securities business to be registered by the Commission before engaging in such activities.

“It is therefore illegal to carry on any kind of capital market business without registration. In view of the above, the general public is hereby warned that any person dealing with the within named person in any capital market related business is doing so at his/her own risk.”

10 Comments

  • Author’s gravatar

    If you’ve been in the country for a long time, I am sure you have come across all these multi-level marketing businesses people talk about. I actually thought that MMM is one of those and I was initially skeptical about the business. It is easy as well to conclude on MMM without trying it out for yourself because there are so many scams out there.

    The guy who introduced me to MMM simply told me “Try it out, its good” and I did. To say that I was blown away was an understatement because as a natural marketer, I immediately realized the potential of promoting such a business. MMM essentially is what anyone needs to make money.

    Here are some testimonials about MMM:

    2016-06-09
    I am Mr. TJ, an ordinary participant of MMM Nigeria. I live in Nigeria. On 27th April, 2016 I created a request to provide help of a sum of N50,000. On 16th May, 2016 I got an order to make payment and I paid the money to the recipient. On 4th June, 2016 I got a help of N189,000 this included the 30% growth on the help I provided and referral bonuses. Thanks so much the participants who have provided help to me and, of course the founder of this unique Community – Sergei Mavrodi! Together We Change the World!!!
    2016-06-09
    Hello world my name is ibrahim m usman participant of MMM Nigeria residing at umuahia in Abia state . I have Provided help of 100k 0n 5/5/2015 and also got help of 147k 07/06/2016 cash in my bank account. MMM is realy, thank MMM. Together we change the world.
    2016-06-09
    Hello, I’m Ralph Abayomi a newly confirmed guider in this community, I got help of #137000 on the 2nd of June 2016 and the money has been paid to my account. Thank you MMM, thank you for making a millionaire out of a pauper, thank you
    2016-06-09
    My Name is Akindileni Bolanle Susan. I registered with MMM Nigeria on the 1st May 2016 and provided help in the sum of N30,000. 00. I got help in the sum of N47,000 on the 31st May 2016. MMM Nigeria is real it has come to help us in our community. MMM Nigeria needs honest people that delight in helping one another, MMM Nigeria is real, MMM Nigeria has come to stay. Together we can change the world. Long Live MMM Nigeria!!!

    ADVANTAGES:

    What impressed me is the concept of social help in which participants in the program provide financial help to one another and in the process watch their investment grow. What’s attractive is that MMM rewards participants with bonuses for registration as well as pay 30% monthly on the financial help they were able to give another participant.

    MMM is simply a group of people who are motivated to give financial help to one another through a simple process of Registration, Asking to give help, Giving help, Asking to receive help and Getting the help you asked for. There are a lot of incentives to make people enroll for MMM. Interestingly, the moment you register and offer to Give Help, you are immediately rewarded with a registration bonus that ranges from $20 to $100 depending on how much help you offered to give.

    Furthermore, immediately you offer to give the help your money starts growing at the rate of 30% per month. This means that giving help of N10,000 will qualify you to receive N13,000 from another participant after thirty days. In sixty days, your N10,000 help would be worth N16,900 and it gets better because the longer you leave your money in the system, the higher the help you can receive from another participant. N10,000 will be worth N48,300 in six months and N233,000 in twelve months.

    Like in whatever has to do with money, I did some research to find out how safe MMM is and I realized that all necessary checks were put in place by the company to make participant’s money safe. For instance, there is no central purse in which MMM funds are deposited. All payments are made individual to individual through their banks. So it is not possible that any one person could have access to all participants funds for embezzlement.

    Another safeguard is that before a participant gets help from a community member, they must as a matter of policy have first given help. This help is calculated in mavros and grows as explained earlier, so in essence, the payment a participant gets is their money plus the growth of their ‘investment’ or Help Given.

    DISADVANTAGES

    I am so excited at the potentials of MMM though I had one reservation, I have heard of investment or such help programs that were not sustained indefinitely and I did some research and discovered that the reason is that it got to a point when many people were no longer coming in due to bad publicity.

    This is to be expected because an opportunity such as MMM could mean bad business for some people, but in the case of MMM, that likelihood is a long way off and I will advise that you do not put in all your money, that’s common sense. It is a long way off especially because it is in its infancy and the likelihood of any form of abuse is remote.

    CONCLUSION:

    Personally, I have come to realize that fortune favors the brave and MMM is one investment I am determined to do and do well. Everyone who is tired of being short of cash should participate in MMM. Participate and do so wisely, safely and securely. Check some referral commission I got.

    SCORE: 85%

    For guidance and registration, call 08067556263

  • Author’s gravatar

    If you have been in the country for a long time, I am sure you have come across all these multi-level marketing businesses people talk about. I actually thought that MMM is one of those and I was initially skeptical about the business. It is easy as well to conclude on MMM without trying it out for yourself because there are so many scams out there.

    The guy who introduced me to MMM simply told me “Try it out, its good” and I did. To say that I was blown away was an understatement because as a natural marketer, I immediately realized the potential of promoting such a business. MMM essentially is what anyone needs to make money.

    Here are some testimonials about MMM:

    2016-06-09
    I am Mr. TJ, an ordinary participant of MMM Nigeria. I live in Nigeria. On 27th April, 2016 I created a request to provide help of a sum of N50,000. On 16th May, 2016 I got an order to make payment and I paid the money to the recipient. On 4th June, 2016 I got a help of N189,000 this included the 30% growth on the help I provided and referral bonuses. Thanks so much the participants who have provided help to me and, of course the founder of this unique Community – Sergei Mavrodi! Together We Change the World!!!
    2016-06-09
    Hello world my name is ibrahim m usman participant of MMM Nigeria residing at umuahia in Abia state . I have Provided help of 100k 0n 5/5/2015 and also got help of 147k 07/06/2016 cash in my bank account. MMM is realy, thank MMM. Together we change the world.
    2016-06-09
    Hello, I’m Ralph Abayomi a newly confirmed guider in this community, I got help of #137000 on the 2nd of June 2016 and the money has been paid to my account. Thank you MMM, thank you for making a millionaire out of a pauper, thank you
    2016-06-09
    My Name is Akindileni Bolanle Susan. I registered with MMM Nigeria on the 1st May 2016 and provided help in the sum of N30,000. 00. I got help in the sum of N47,000 on the 31st May 2016. MMM Nigeria is real it has come to help us in our community. MMM Nigeria needs honest people that delight in helping one another, MMM Nigeria is real, MMM Nigeria has come to stay. Together we can change the world. Long Live MMM Nigeria!!!

    ADVANTAGES:

    What impressed me is the concept of social help in which participants in the program provide financial help to one another and in the process watch their investment grow. What’s attractive is that MMM rewards participants with bonuses for registration as well as pay 30% monthly on the financial help they were able to give another participant.

    MMM is simply a group of people who are motivated to give financial help to one another through a simple process of Registration, Asking to give help, Giving help, Asking to receive help and Getting the help you asked for. There are a lot of incentives to make people enroll for MMM. Interestingly, the moment you register and offer to Give Help, you are immediately rewarded with a registration bonus that ranges from $20 to $100 depending on how much help you offered to give.

    Furthermore, immediately you offer to give the help your money starts growing at the rate of 30% per month. This means that giving help of N10,000 will qualify you to receive N13,000 from another participant after thirty days. In sixty days, your N10,000 help would be worth N16,900 and it gets better because the longer you leave your money in the system, the higher the help you can receive from another participant. N10,000 will be worth N48,300 in six months and N233,000 in twelve months.

    Like in whatever has to do with money, I did some research to find out how safe MMM is and I realized that all necessary checks were put in place by the company to make participant’s money safe. For instance, there is no central purse in which MMM funds are deposited. All payments are made individual to individual through their banks. So it is not possible that any one person could have access to all participants funds for embezzlement.

    Another safeguard is that before a participant gets help from a community member, they must as a matter of policy have first given help. This help is calculated in mavros and grows as explained earlier, so in essence, the payment a participant gets is their money plus the growth of their ‘investment’ or Help Given.

    DISADVANTAGES

    I am so excited at the potentials of MMM though I had one reservation, I have heard of investment or such help programs that were not sustained indefinitely and I did some research and discovered that the reason is that it got to a point when many people were no longer coming in due to bad publicity.

    This is to be expected because an opportunity such as MMM could mean bad business for some people, but in the case of MMM, that likelihood is a long way off and I will advise that you do not put in all your money, that’s common sense. It is a long way off especially because it is in its infancy and the likelihood of any form of abuse is remote.

    CONCLUSION:

    Personally, I have come to realize that fortune favors the brave and MMM is one investment I am determined to do and do well. Everyone who is tired of being short of cash should participate in MMM. Participate and do so wisely, safely and securely. Check some referral commission I got.

    SCORE: 85%

    For guidance and registration, call 08067556263

  • Author’s gravatar

    If you’ve been in the country for a long time, I am sure you have come across all these multi-level marketing businesses people talk about. I actually thought that MMM is one of those and I was initially skeptical about the business. It is easy as well to conclude on MMM without trying it out for yourself because there are so many scams out there.

    The guy who introduced me to MMM simply told me “Try it out, its good” and I did. To say that I was blown away was an understatement because as a natural marketer, I immediately realized the potential of promoting such a business. MMM essentially is what anyone needs to make money.

    Here are some testimonials about MMM:

    2016-06-09
    I am Mr. TJ, an ordinary participant of MMM Nigeria. I live in Nigeria. On 27th April, 2016 I created a request to provide help of a sum of N50,000. On 16th May, 2016 I got an order to make payment and I paid the money to the recipient. On 4th June, 2016 I got a help of N189,000 this included the 30% growth on the help I provided and referral bonuses. Thanks so much the participants who have provided help to me and, of course the founder of this unique Community – Sergei Mavrodi! Together We Change the World!!!
    2016-06-09
    Hello world my name is ibrahim m usman participant of MMM Nigeria residing at umuahia in Abia state . I have Provided help of 100k 0n 5/5/2015 and also got help of 147k 07/06/2016 cash in my bank account. MMM is realy, thank MMM. Together we change the world.
    2016-06-09
    Hello, I’m Ralph Abayomi a newly confirmed guider in this community, I got help of #137000 on the 2nd of June 2016 and the money has been paid to my account. Thank you MMM, thank you for making a millionaire out of a pauper, thank you
    2016-06-09
    My Name is Akindileni Bolanle Susan. I registered with MMM Nigeria on the 1st May 2016 and provided help in the sum of N30,000. 00. I got help in the sum of N47,000 on the 31st May 2016. MMM Nigeria is real it has come to help us in our community. MMM Nigeria needs honest people that delight in helping one another, MMM Nigeria is real, MMM Nigeria has come to stay. Together we can change the world. Long Live MMM Nigeria!!!

    ADVANTAGES:

    What impressed me is the concept of social help in which participants in the program provide financial help to one another and in the process watch their investment grow. What’s attractive is that MMM rewards participants with bonuses for registration as well as pay 30% monthly on the financial help they were able to give another participant.

    MMM is simply a group of people who are motivated to give financial help to one another through a simple process of Registration, Asking to give help, Giving help, Asking to receive help and Getting the help you asked for. There are a lot of incentives to make people enroll for MMM. Interestingly, the moment you register and offer to Give Help, you are immediately rewarded with a registration bonus that ranges from $20 to $100 depending on how much help you offered to give.

    Furthermore, immediately you offer to give the help your money starts growing at the rate of 30% per month. This means that giving help of N10,000 will qualify you to receive N13,000 from another participant after thirty days. In sixty days, your N10,000 help would be worth N16,900 and it gets better because the longer you leave your money in the system, the higher the help you can receive from another participant. N10,000 will be worth N48,300 in six months and N233,000 in twelve months.

    Like in whatever has to do with money, I did some research to find out how safe MMM is and I realized that all necessary checks were put in place by the company to make participant’s money safe. For instance, there is no central purse in which MMM funds are deposited. All payments are made individual to individual through their banks. So it is not possible that any one person could have access to all participants funds for embezzlement.

    Another safeguard is that before a participant gets help from a community member, they must as a matter of policy have first given help. This help is calculated in mavros and grows as explained earlier, so in essence, the payment a participant gets is their money plus the growth of their ‘investment’ or Help Given.

    DISADVANTAGES

    I am so excited at the potentials of MMM though I had one reservation, I have heard of investment or such help programs that were not sustained indefinitely and I did some research and discovered that the reason is that it got to a point when many people were no longer coming in due to bad publicity.

    This is to be expected because an opportunity such as MMM could mean bad business for some people, but in the case of MMM, that likelihood is a long way off and I will advise that you do not put in all your money, that’s common sense. It is a long way off especially because it is in its infancy and the likelihood of any form of abuse is remote.

    CONCLUSION:

    Personally, I have come to realize that fortune favors the brave and MMM is one investment I am determined to do and do well. Everyone who is tired of being short of cash should participate in MMM. Participate and do so wisely, safely and securely. Check some referral commission I got.

    SCORE: 85%

    For guidance and registration, call 08067556263

  • Author’s gravatar

    If you’ve been in the country for a long time, I am sure you have come across all these multi-level marketing businesses people talk about. I actually thought that MMM is one of those and I was initially skeptical about the business. It is easy as well to conclude on MMM without trying it out for yourself because there are so many scams out there.

    The guy who introduced me to MMM simply told me “Try it out, its good” and I did. To say that I was blown away was an understatement because as a natural marketer, I immediately realized the potential of promoting such a business. MMM essentially is what anyone needs to make money.

    Here are some testimonials about MMM:

    2016-06-09
    I am Mr. TJ, an ordinary participant of MMM Nigeria. I live in Nigeria. On 27th April, 2016 I created a request to provide help of a sum of N50,000. On 16th May, 2016 I got an order to make payment and I paid the money to the recipient. On 4th June, 2016 I got a help of N189,000 this included the 30% growth on the help I provided and referral bonuses. Thanks so much the participants who have provided help to me and, of course the founder of this unique Community – Sergei Mavrodi! Together We Change the World!!!
    2016-06-09
    Hello world my name is ibrahim m usman participant of MMM Nigeria residing at umuahia in Abia state . I have Provided help of 100k 0n 5/5/2015 and also got help of 147k 07/06/2016 cash in my bank account. MMM is realy, thank MMM. Together we change the world.
    2016-06-09
    Hello, I’m Ralph Abayomi a newly confirmed guider in this community, I got help of #137000 on the 2nd of June 2016 and the money has been paid to my account. Thank you MMM, thank you for making a millionaire out of a pauper, thank you
    2016-06-09
    My Name is Akindileni Bolanle Susan. I registered with MMM Nigeria on the 1st May 2016 and provided help in the sum of N30,000. 00. I got help in the sum of N47,000 on the 31st May 2016. MMM Nigeria is real it has come to help us in our community. MMM Nigeria needs honest people that delight in helping one another, MMM Nigeria is real, MMM Nigeria has come to stay. Together we can change the world. Long Live MMM Nigeria!!!

    ADVANTAGES:

    What impressed me is the concept of social help in which participants in the program provide financial help to one another and in the process watch their investment grow. What’s attractive is that MMM rewards participants with bonuses for registration as well as pay 30% monthly on the financial help they were able to give another participant.

    MMM is simply a group of people who are motivated to give financial help to one another through a simple process of Registration, Asking to give help, Giving help, Asking to receive help and Getting the help you asked for. There are a lot of incentives to make people enroll for MMM. Interestingly, the moment you register and offer to Give Help, you are immediately rewarded with a registration bonus that ranges from $20 to $100 depending on how much help you offered to give.

    Furthermore, immediately you offer to give the help your money starts growing at the rate of 30% per month. This means that giving help of N10,000 will qualify you to receive N13,000 from another participant after thirty days. In sixty days, your N10,000 help would be worth N16,900 and it gets better because the longer you leave your money in the system, the higher the help you can receive from another participant. N10,000 will be worth N48,300 in six months and N233,000 in twelve months.

    Like in whatever has to do with money, I did some research to find out how safe MMM is and I realized that all necessary checks were put in place by the company to make participant’s money safe. For instance, there is no central purse in which MMM funds are deposited. All payments are made individual to individual through their banks. So it is not possible that any one person could have access to all participants funds for embezzlement.

    Another safeguard is that before a participant gets help from a community member, they must as a matter of policy have first given help. This help is calculated in mavros and grows as explained earlier, so in essence, the payment a participant gets is their money plus the growth of their ‘investment’ or Help Given.

    DISADVANTAGES

    I am so excited at the potentials of MMM though I had one reservation, I have heard of investment or such help programs that were not sustained indefinitely and I did some research and discovered that the reason is that it got to a point when many people were no longer coming in due to bad publicity.

    This is to be expected because an opportunity such as MMM could mean bad business for some people, but in the case of MMM, that likelihood is a long way off and I will advise that you do not put in all your money, that’s common sense. It is a long way off especially because it is in its infancy and the likelihood of any form of abuse is remote.

    CONCLUSION:

    Personally, I have come to realize that fortune favors the brave and MMM is one investment I am determined to do and do well. Everyone who is tired of being short of cash should participate in MMM. Participate and do so wisely, safely and securely. Check some referral commission I got.

    SCORE: 85%

    For guidance and registration, call 08067556263 now

  • Author’s gravatar

    If you’ve been in the country for a long time, I am sure you have come across all these multi-level marketing businesses people talk about. I actually thought that MMM is one of those and I was initially skeptical about the business. It is easy as well to conclude on MMM without trying it out for yourself because there are so many scams out there.

    The guy who introduced me to MMM simply told me “Try it out, its good” and I did. To say that I was blown away was an understatement because as a natural marketer, I immediately realized the potential of promoting such a business. MMM essentially is what anyone needs to make money.

    Here are some testimonials about MMM:

    2016-06-09
    I am Mr. TJ, an ordinary participant of MMM Nigeria. I live in Nigeria. On 27th April, 2016 I created a request to provide help of a sum of N50,000. On 16th May, 2016 I got an order to make payment and I paid the money to the recipient. On 4th June, 2016 I got a help of N189,000 this included the 30% growth on the help I provided and referral bonuses. Thanks so much the participants who have provided help to me and, of course the founder of this unique Community – Sergei Mavrodi! Together We Change the World!!!
    2016-06-09
    Hello world my name is ibrahim m usman participant of MMM Nigeria residing at umuahia in Abia state . I have Provided help of 100k 0n 5/5/2015 and also got help of 147k 07/06/2016 cash in my bank account. MMM is realy, thank MMM. Together we change the world.
    2016-06-09
    Hello, I’m Ralph Abayomi a newly confirmed guider in this community, I got help of #137000 on the 2nd of June 2016 and the money has been paid to my account. Thank you MMM, thank you for making a millionaire out of a pauper, thank you
    2016-06-09
    My Name is Akindileni Bolanle Susan. I registered with MMM Nigeria on the 1st May 2016 and provided help in the sum of N30,000. 00. I got help in the sum of N47,000 on the 31st May 2016. MMM Nigeria is real it has come to help us in our community. MMM Nigeria needs honest people that delight in helping one another, MMM Nigeria is real, MMM Nigeria has come to stay. Together we can change the world. Long Live MMM Nigeria!!!

    ADVANTAGES:

    What impressed me is the concept of social help in which participants in the program provide financial help to one another and in the process watch their investment grow. What’s attractive is that MMM rewards participants with bonuses for registration as well as pay 30% monthly on the financial help they were able to give another participant.

    MMM is simply a group of people who are motivated to give financial help to one another through a simple process of Registration, Asking to give help, Giving help, Asking to receive help and Getting the help you asked for. There are a lot of incentives to make people enroll for MMM. Interestingly, the moment you register and offer to Give Help, you are immediately rewarded with a registration bonus that ranges from $20 to $100 depending on how much help you offered to give.

    Furthermore, immediately you offer to give the help your money starts growing at the rate of 30% per month. This means that giving help of N10,000 will qualify you to receive N13,000 from another participant after thirty days. In sixty days, your N10,000 help would be worth N16,900 and it gets better because the longer you leave your money in the system, the higher the help you can receive from another participant. N10,000 will be worth N48,300 in six months and N233,000 in twelve months.

    Like in whatever has to do with money, I did some research to find out how safe MMM is and I realized that all necessary checks were put in place by the company to make participant’s money safe. For instance, there is no central purse in which MMM funds are deposited. All payments are made individual to individual through their banks. So it is not possible that any one person could have access to all participants funds for embezzlement.

    Another safeguard is that before a participant gets help from a community member, they must as a matter of policy have first given help. This help is calculated in mavros and grows as explained earlier, so in essence, the payment a participant gets is their money plus the growth of their ‘investment’ or Help Given.

    DISADVANTAGES

    I am so excited at the potentials of MMM though I had one reservation, I have heard of investment or such help programs that were not sustained indefinitely and I did some research and discovered that the reason is that it got to a point when many people were no longer coming in due to bad publicity.

    This is to be expected because an opportunity such as MMM could mean bad business for some people, but in the case of MMM, that likelihood is a long way off and I will advise that you do not put in all your money, that’s common sense. It is a long way off especially because it is in its infancy and the likelihood of any form of abuse is remote.

    CONCLUSION:

    Personally, I have come to realize that fortune favors the brave and MMM is one investment I am determined to do and do well. Everyone who is tired of being short of cash should participate in MMM. Participate and do so wisely, safely and securely. Check some referral commission I got.

    SCORE: 85%

    For guidance and registration, call 08067556263 now and earn

  • Author’s gravatar

    I want all financial institutions to explain what is “fractional
    reserve banking”. Its fractional reserve banking in itself not a scam by
    financial institutions which include SEC members business model and
    activities because you use money which is not yours sometimes without
    the consent of the owners of these money under their custody and lend it
    out on high interest rates and give the original owners little for
    their own money. We are aware that many CEOs and stakeholders of
    financial institutions are behind this there are using SEC as an avenue,
    but Nigerian are wiser by the day.

    SEC are crying because nobody wants to invest in shares, bonds and
    all what have they, tell me while should people invest in those product
    when at the end of the day these so called registered entities as
    believed to be regulated by SEC still cants manage peoples investment
    with them and also with low returns on investment. We have see how SEC
    has failed Nigerian; most shares in Nigeria has lose value to nothing
    still under the watch of SEC and the irony of this whole thing is that
    the CEOs and stakeholders of these institutions are still sharing
    profits among themselves, taking trips overseas with their families as
    though nothing has happen and now they can’t have profit and benefit
    since people no longer wants to bye their product anymore hence they are
    calling MMM a scam. Have you not been receiving SMS or emails from
    banks and most of these financial institutions lately asking you to save
    some money with them and qualify for some kind of promo, have you ever
    seen anyone that has won these promo. They are actually trying to
    generate capitals for their selfish interest. Bottom line is when they
    fail out of their incompetency and people loose their hard earn
    investments they look for what to blame it on, this is thief on
    investors and tax payers and if this done by ordinary person they will
    go to jail for it.

    It is their lack of knowledge of what a ponzi scheme is and how MMM
    operation is hence they call MMM a ponzi scheme. MMM is not a ponzi
    scheme and her operations can never fall under a ponzi scheme.

    When people get involve in cooperatives or if you may call it “Osusu”
    and what ever activities that they do to better all members of their
    cooperative do they have to involve SEC or register with SEC? MMM is a
    state-of-the act Osusu or cooperatives as you may call it. Because if
    SEC cant regulate other and every cooperatives or osusu groups that
    operations in Nigeria then they can’t regulate the activities of MMM
    because MMM fails in this like. So when i want to render help to my
    friend as most of us even give friends money to do buisness and as for
    some interest with it, we should get SEC involved and or go to the
    capital market?

    I have asked and have gone through the laws as covered by Nations and
    also Nigeria, and i have not seen where being a philanthropist is
    illegal, because if it is all philanthropist all over the world and in
    Nigeria would have been call fraudsters, may be in this case “Offline
    Fraudster”

    Instead of SEC and the Government of the day to be happy that
    Nigerian have find means of livelihood since they have failed to secure
    her citizen by providing for them, they are there calling scam when they
    themselves are the scam and fraudsters. Has this Government not made
    promised that they have not kept is that not a Scam of a sort.

    SEC and FG, you can’t continue to keep people in slavery with you financial system.

    Nigerian shine your eyes what has SEC or financial institutions done
    for you rather your investment with them is reducing in value by the
    day.

  • Author’s gravatar

    God will punish you people “THIEFS” you want to condem MMM because they are doing what you can never do instead of you guys to copy and learn their system you want Nigerians to remain in darkness, AMADIOHA strike you people dead for saying MMM is a scam, if i get you guys eeh…idiots, i hate Nigerian leaders

  • Author’s gravatar

    TO ALL ENEMIES OF MMM
    It’s high time we call a spade a spade. The
    earlier the better for FG, House of Rep, CBN, all Banks and Bloggers
    to be careful and takeoff their dirty, stinky mouth from the rate at
    which they mouth-spoil MMM. As a matter of fact, the only reason why
    Nigerians most especially youths are not on the street demanding for
    Buhari’s head is because of God sent schemes like MMM. If they don’t
    know, let us tell them that WE (participant of MMM) can decide to stop
    patronizing banks(switching to bitcoin) if they (FG, CBN and local
    banks) will not see reasons to stop given us issues . Are they blind to
    see or deaf to hear the news of how a particular president in Africa
    encourages Youths to take up the opportunities. I believe they know MMM
    is the CHANGE we’ve been praying for long ago. If they don’t backout,
    the banks and Nigeria economy will end up regretting because they will
    end up forcing us to create and promote a platform where we buy and sell
    in Bitcoin (The Hard Way Sometimes is The Best Way). A country that can
    not provide jobs for the hungry educated youth, security, nor good
    standard of living now preaching against one of the major means of
    survival for the masses. They all better be careful or we take it hard
    on them. This is a Revolution.
    Let them be aware that this
    community (MMM) is a community of learned people cutting across all
    professions at different levels (Guess what? A Professor is in my
    Structure).
    The fight against MMM is a Fight against Nigerians and
    we won’t take the threat lightly with individuals, groups, organization,
    government or people involved. We are ready and prepared to fight. And
    to you Hon. Akinade Fijabi, this might be the end of your political
    career if you are not careful, as that speech made is a sign of
    selfishness and wickedness.

    MMM IS THE CHANGE WE PRAYED FOR
    MMM IS THE ANSWERED PRAYER
    MMM IS REAL

    Signed:
    participant. tolulope churchill
    Pls Kindly Rebroadcast until it circulates.

  • Author’s gravatar

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