Stats: 3,191,150 members, 7,943,140 topics. Date: Sunday, 08 September 2024 at 07:16 AM |
Nairaland Forum / Nairaland / General / Investment / CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank (82117 Views)
11 Reverend Fathers Defrauded Of N42 Million In Edo By 2 Men Via Wonder Bank / "Stop Investing In MMM" - CBN Warns Nigerians Again / SEC Warns Nigerians Of The Dangers Of MMM, Calls It Fraud (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (16) (Reply) (Go Down)
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by claremont(m): 7:47am On Sep 16, 2016 |
Too many educated illiterates on this page. A little research on the internet overwhelmingly supports the fact that this is clearly a Ponzi scheme. The CBN has now decided to do this research for you, and they have advised you accordingly. Yet, some people are still insisting that they are right, and the CBN and other regulatory bodies who have outlawed this scam worldwide are all wrong. I don't really blame the people who get scammed on this, the present state of the Nigerian economy has led to people investing in snake oil schemes that would always lead to tears in the end. 1 Like |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by justmi1: 7:48am On Sep 16, 2016 |
Some people no go still hear word, every body wants to double money without hard work, till greed makes them lose all. Toh, you have been warned. |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by Lilimax(f): 7:48am On Sep 16, 2016 |
Mailthaddeus: ![]() |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by Nobody: 7:48am On Sep 16, 2016 |
Mmm is "plan well" phase 2, I can remember a relative lost her money to plan well that year,now they have coined another name for it,yes people will get lucky and others will still have their money trapped in it when it collapses, let he that has ear, hear! |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by Boleyndynasty2(f): 7:49am On Sep 16, 2016 |
nanaman:my dear daz what baffles me but 1 idiot quoted me to insult me cause i asked a question that threatens his Easy money scheme. |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by DaPuncline: 7:49am On Sep 16, 2016 |
Shameless CBN. When are you going to talk about the secret recruitment you made. Go to hell CBN. Youths are broke and unemployed. |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by zikter(m): 7:50am On Sep 16, 2016 |
[color=#990000][/color] jamesy212: jamesy212: MMM is not a bank. They don't have access to people's money, rather they are only trying to reduce the way bank is scamming us. I received alert every two weeks from MMM. To find out more about the platform, call or WhatsApp 08178607019 jamesy212:PLS KINDLY EXPLAIN HOW THE 30% INTEREST COME ABOUT. WHO IS PAYING THE INTEREST? HOW DOES MMM PAY THEIR STAFF AND OTHER EXPENSES? AS ACCORDING TO YOU THERE IS NO CENTRAL ACCT WITH MMM. PLS KINDLY CLARIFY THESE |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by blym4real: 7:53am On Sep 16, 2016 |
madridguy: Madridguy you too don join. From the analysis of all the MMM posters I can authoritatively say most of them failed Maths 101. What they have all failed to clarify is where is the 30% coming from. 2 Likes |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by komododragons: 7:53am On Sep 16, 2016 |
Boleyndynasty2:you know what pains me much? to see unintelligent people talking. can't you do your research? is your hand paining you to google it? even if your hand is paining you try and scroll up and read. |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by francisMKD(m): 7:54am On Sep 16, 2016 |
****ABEG NA WHO CARRY MY PREMIER SOAP WEY I KEEP FOR TOILET WINDOW NAAA....I WAN BAFF OOO**** 1 Like |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by Nobody: 7:54am On Sep 16, 2016 |
You call it scam, I get paid
You call it ponzi, I get paid
You say it's too good to be true, I still get paid
You join me, we both get paid |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by fuckpro: 7:55am On Sep 16, 2016 |
dmostcheerful:YOUR COMMENT MAKE SENSE DIE,the government is just out to protect the bank because of the taxes accrued to it LONG LIVE MMM |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by wealthpin: 7:56am On Sep 16, 2016 |
Boleyndynasty2:Best post ever...thank u for ur wisdom and power of reason. 1 Like |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by ishiamu(m): 7:57am On Sep 16, 2016 |
Boleyndynasty2: another registered customers money is what is given as the 30%.... they use another person's money to pay them... the mmm is banned in China, was banned in south Africa too... it's a good scheme while it last.. but wwhen it burst you will see the devil with your eyes 3 Likes |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by tbliss22(m): 7:57am On Sep 16, 2016 |
It's obvious that when poverty is eminent people tends not to think with their head but BELLY. The funniest and selfish part is that you keep bringing people into a scheme that you are FULLY AWARE will crash someday, meaning you don't CARE if these SET of PEOPLE bites their fingers latter when the whole thing packs up. Finally, I believe millions are attracted due to the 30% involved and when it comes to money, you will keep returning to put your money irrespective of your earnings. |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by oviexcels(m): 7:57am On Sep 16, 2016 |
its like CBN, SEC etc are even doing for publicity for MMM, no wonder more Nigerians have joined since that SEC advert and more will join after this CBN advert |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by zikter(m): 7:57am On Sep 16, 2016 |
can someone who is sensible explains how the 30% interest in a month comes abt? from the comments there is no central acct with mmm, so who is paying the interest as mmm will not trade with the money for profits. mmm proponents should explain this to the house. are the mmm coordinators not incurring any expenses? where do they get money to pay their workers? something is not just adding up here. |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by joey150(m): 7:58am On Sep 16, 2016 |
cooldudeng:Am not a big fan of mmm. But its clear how they get the 30% interest.. Ordinary people pay the 30% not the mmm per say 1 Like |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by Nobody: 7:58am On Sep 16, 2016 |
cekhoe:whatsapp me lemme tell you how it works. I was once in your shoes till I reasoned the whole stuff out...07030681936 |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by Gbemiwebdesig(m): 7:59am On Sep 16, 2016 |
I should come and fixed my money in the bank so that you can give me 10% as profit by end of the year and you will give same money to dangote and collect 80% and keep the 70% by end of the year abi? You could not say a thing when people are stealing money. God is watching you. Keep on with your lie and keep enslaving people. Keep fooling those who do insurance and trust your paper work 1 Like |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by youngzeal1: 7:59am On Sep 16, 2016 |
kceewhyte:my broda just give me a call 08032916720, I will help u out |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by djblue007(m): 7:59am On Sep 16, 2016 |
Bankers are the greatest scammers. You save your money with them, they go ahead to loan your money to business owners who are charged with interest after they've collected collateral from them. The business owners thereafter come back to remit the funds and its interest to the bankers on an agreed date. Mind you, the interest belongs to the bankers and not you. When you come to withdraw your money if you are fortunate you might just be given a meager interest of 2% annually or get your savings reduced by some alert debit. This is what Sergey took his time to study and called it a slavery world. MMM runs just like banks, without deposits you cannot withdraw from any banks. but only that we only give help based on gratuitousness and reciprocity, of course that's why we are not investment or business so we don't need to be registered. Members are quite aware of the risk involved before joining. We don't need SEC OR CBN warnings. |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by masterP042(m): 8:00am On Sep 16, 2016 |
Even mmm will tell u to help with your spare money, life is a risk on its own.. The cbn even helped us with the creation of bvn, so I don't see any way mmm will create multiple accounts to defraud Nigerians. Mmm is just a scheme to help us in this times of recession and instability.. 2 Likes |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by Deon28(m): 8:00am On Sep 16, 2016 |
shogat: Do u no the person u are paying the money into his or her account ? |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by HMZi: 8:01am On Sep 16, 2016 |
Simple ponzi scheme,but there are desperate mugus who don't do background checks and love to waste money,even here on nl.. |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by nanaman(m): 8:02am On Sep 16, 2016 |
Boleyndynasty2: No worries, just keep tabs on him. When the scheme finally crashes,you will refer him back to the post. Am watching closely. |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by justmenoni: 8:03am On Sep 16, 2016 |
When the Stock market crashed and investors lost their hard earned resources what came of it? Was any one involved in the Stock market scam prosecuted? That scam do alot of people strong something sha ![]() ![]() ![]() ![]() dmostcheerful: |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by Nobody: 8:03am On Sep 16, 2016 |
bigtt76:Have you ever sat down to realise how unsustainable the MMM model is? Where do you think banks get money to pay interest? After all, opening account is free, customer service is free, everything is free to use. Small duties like the 65 naira from ATM return, or interests paid on loans they give and other things add up to make the interest they can give. Fixed deposits provide more interests because the banks are sure you won't collect your money for a specific amount of time. If you actually take time and do the math behind the MMM model, you'll see that it is unsustainable and millions of people (the last to join) are going to suffer greatly from it. If you even look up the history of MMM, the founder of the concept was arrested after it collapsed in Russia and he went away with his proceeds. Even he did not know the actual number of people that suffered great loss when it collapsed to show you how complex it is. I can only hope that you won't regret when it eventually collapses in Nigeria. 1 Like |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by HMZi: 8:04am On Sep 16, 2016 |
DaPuncline:dont be so bitter,they r still trying to help us out.. E go beta. |
Re: CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank by rocknation62(m): 8:04am On Sep 16, 2016 |
segebase:HOW APC TAKE SCAM YOU? DID THE PARTY (APC) COLLECTED ANY MONEY FROM YOU? ABI U BORROW THEM UR MONEY DEM NO PAY U BACK? A WORD IS ENOUGH FOR THE.....................YOU KNOW THE REST |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (16) (Reply)
MMM: Message From Amaka Who Just Married The Top Guider / Crowdfunding Investment Platforms And Options (non Agritech Categories) / Abayomi Segun Oluwasesan: How I Hacked Afriq Arbitrage System, Stole Billions
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 59 |