Panic, confusion grip Nigerians as MMM freezes all confirmed accounts

9 months ago
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Members of the famous money-doubling scheme, Mavrodi Mundial Moneybox, MMM 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. Sergey Mavrodi of inventor MMM 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. It also said it wants to prevent hitches in the coming new year hence, the freezing of the access to requesting for payments even when such person is due for payment. mmm freezing notice The message read thus: “One-Month Freezing of Confirmed Mavros” “Dear members!” “As usual, in the New Year season the System is experiencing heavy workload. Moreover, it has to deal with the constant frenzy provoked by the authorities in the mass media.” “The things are still going well; the participants feel calm; everyone gets paid – as you can see, there haven’t been any payment delays or other problems yet – but!.. it is better to avoid taking risk.🙂) (Moreover, there are almost three weeks left to the New Year.)” “Hence, on the basis of the above mentioned, from now on all confirmed Mavro will be frozen for a month.” “The reason for this measure is evident. We need to prevent any problems during the New Year season, and then, when everything calms down, this measure will be cancelled. (Which we will definitely do.🙂)” “We hope for your understanding, Administration” 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?” 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. 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.

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