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How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply - Investment (3) - Nairaland

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NNN Nigeria: Nigerians Caution Each Other Against Ponzi Scheme / New Ponzi Scheme, NNN, Emerges (photos) - Tribune / We Can't Arrest Any MMM Promoter - EFCC Reply Reps (2) (3) (4)

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Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by Saammiee(m): 1:02pm On Dec 24, 2016
Dear person reading this,I don't care who you are but I hope your day has been going well, if not, I hope it gets better You are an amazing person who will inspire others to do great things so keep up the hard work.
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by Nobody: 1:03pm On Dec 24, 2016
9jakohai:
How to make money

1.Work hard

2.Work hard

3.Work hard

4.Did i tell you.....work hard.?
noooo it is working softly,soft work
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by CplusJason: 1:05pm On Dec 24, 2016
kstix:

U just succeeded in making a fool out of yourself with that gibberish and arrant nonsense u just uttered which u don't know half the meaning. Boy get some education. The twitter handler would still be more than glad to pay ur school fees
Lol, what a dumb amnesiac nematode, you really amaze me. It's so horribble having to share cyber habitation with a decorated plonker like you.

I see your comprehensive ability is lower than the depth of the ocean.



Furck off boy! cool

5 Likes 1 Share

Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by lakesider(m): 1:08pm On Dec 24, 2016
when will bloggers leave MMM alone
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by cyber5(m): 1:11pm On Dec 24, 2016
This man behind EFCC Handle deserves an Award, i swear.

1 Like

Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by ThatIgboBoy: 1:12pm On Dec 24, 2016
Idrismusty97:
First MMM tread on frontpage for the day. Remain one in the evening.

Lol
I dey tell u

Hope seun will allow people celebrate xmas tomao without bringing up mmm palaver

1 Like

Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by thatgirl504(f): 1:29pm On Dec 24, 2016
CplusJason:
Lol, what a dumb amnesiac nematode, you really amaze me. It's so horribble having to share cyber habitation with a decorated plonker like you.

I see your comprehensive ability is lower than the depth of the ocean.



Furck off boy! cool
Wicked! grin
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by Edwinmason(m): 1:33pm On Dec 24, 2016
PentiumPro:

Fixed
what?
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by brightalo17: 1:33pm On Dec 24, 2016
CplusJason:
Lol, what a dumb amnesiac nematode, you really amaze me. It's so horribble having to share cyber habitation with a decorated plonker like you.

I see your comprehensive ability is lower than the depth of the ocean.



Furck off boy! cool

Who are you trying to impress with all this crap

1 Like

Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by CplusJason: 1:36pm On Dec 24, 2016
brightalo17:

Who are you trying to impress with all this crap
.
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by Egware007(m): 1:40pm On Dec 24, 2016
Sharp sharp people will not like dis
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by chessguru(m): 1:45pm On Dec 24, 2016
MMM Nigeria does not have victims........ MMM Nigeria did not crash as been reported by the biased media...... No money is lost.... Say no to fake news..... We shall continue where we stopped next year..... In MMM Nigeria we trust. I stand with MMM Nigeria.

1 Like

Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by Nobody: 1:47pm On Dec 24, 2016
Lovely answer, Abi has EFCC turned to an investment advisory company...lol
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by brightalo17: 1:50pm On Dec 24, 2016
CplusJason:
.
So you know this and still went on yelling upandan like MMM victim ..SmH
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by CplusJason: 1:51pm On Dec 24, 2016
brightalo17:
So you know this and still went on yelling upandan like MMM victim ..SmH
I know what's eating you up bro, but exchanging words with a dunderhead like you is what i'm trying to avoid.


Au revoir.

4 Likes 2 Shares

Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by 5oloto: 2:10pm On Dec 24, 2016
maclatunji:
The following are my questions to the subscribers to MMM popularly called Mavrodians.
here are the answers from my understanding.

1. Where do you think the money you are collecting through MMM is coming from?

MMM claims not to be a business and not an investment, so where do you think the 30% return which excites you so much is coming from?

ANSWER:the 30% comes from traffic generated from the website,money donated by new members, money re-donated by old members and help from other countries. it is ALMOST IMPOSSIBLE for ALL these 4 conditions not to occur. MARK ZUCKERBERG, the owner of Facebook is the 5th or 6th richest in the world and one of the ways he gets his money is through traffic generated by Facebook.google ad sense pays for traffic. MMM is currently in over 120 countries of the world with over 200 million of participants.

2. Do you know what a Ponzi scheme is?

I have to ask this question because of those who defend MMM with the claim that they have made money from it. To be the clear, a minority will make money from Ponzi schemes being the early adopters that help to create the exponential growth. However, the latter subscribers are the ones that lose greatly. If you understand this, you will not present this argument as evidence for MMM not being a fraud.

ANSWER:BIG LIE.The early adopters will pay the newcomers. the next set of newcomers will pay the early adopters and it continues like that. its a circle that will never end. Money is redistributed among member of MMM on the principle of gratuitousness, benevolence and reciprocity. MMM members donate FREELY to each other. Nobody was forced to join MMM.

3. Where did you get the money you invested in MMM from?

You could not use that money in any legitimate business?

I ask this question because many MMM subscribers behave as if they were incapable of earning money before MMM came.

ANSWER:A good number MMM subscribers are gainfully employed and have normal businesses. Remember, There is nothing wrong in having an alternative source of income. Remember, we have DANGOTE CEMENT, DANGOTE SUGAR, DANGOTE RICE FARM and now in the pipeline - DANGOTE REFINERY.

4. Is it that you don’t understand that governments across the world are duty-bound not to allow a Ponzi scheme started by an ex-convict that has scammed people across the world operate freely within their countries?

This one is self-explanatory, Sergey Mavrodi the main brain behind MMM is an ex-convict. He got convicted for scamming Russians with a precursor scheme to MMM.

[b][b][b]ANSWER: Point of correction-MMM has never defrauded anyone. MMM became so popular in RUSSIA and was controlling one third of the total money in russia at a time, so the government became jealous and decided to loot the peoples money using 17 trucks to carry/loot cash from MMM OFFICES. That is the main reason MMM doesn't have a CENTRAL ACCOUNT where money can easily be stolen.The government of Russia defrauded the participants,not MMM. They claimed SERGEI MAVRODI/MMM evaded tax but MMM/SERGEI MAVRODI stood his ground telling the government oppressors that MMM is not a business that should pay tax. MMM is just a community of people donating/helping each other with their spare cash. DO you pax tax to the government on the spare money you donate to your brother or neighbour or give out as charity? MMM has come to destroy the current unfair and unjust financial world order/institutions, so don't expect the government,CBN,SEC, etc to be happy. MMM has come to liberate people from financial bondage and servitude. The financial APOCALYPSE is inevitable. MMM servers are not located in NIGERIA, so the government CAN NOT STOP MMM. the same way the government can not stop facebook,youtube,twitter or internet.
[/b][/b][/b]


5. Explain how MMM is a revolutionary idea that commercial banking should be afraid of?

MMM subcribers are quick to tag banks as stealing from their customers while MMM is the solution for the masses. Curiously enough, they pay into each other’s bank accounts; curious to say the least.

ANSWER:MMM gives 30% every 30days which the banks CAN NOT give. NO serious MMM participant will take loan from any bank again. No serious MMM participant will maintain any fixed deposit in the bank again. No serious MMM participant will buy any dubious, non performing shares again.


6. Do you understand that wealth is created based on the value you create not through this system operated by a few people to rob people of their money while leaving them in the lurch?

Let us say all of us joined MMM, where would productive output come from?

ANSWER: MMM does not stop anyone who is serious from being productive. MMM will in fact assist to provide the financial boost needed for people to be more productive. MANY MMM participants are gainfully employed and engage in various productive businesses and entrepreneurial ventures.


7. Did you anticipate that your ‘investment’ (sorry, your ‘Mavros’) could be frozen without you having any say on what happens next?

I am sure many ‘Mavrodians’ did not expect this December debacle, but we are here.

ANSWER: PAUSE MODE/FREEZING OF ACCOUNTS is one of the strategies employed by MMM for STABILITY AND SUSTAINABILITY. its not a new strategy, only those who didn't read/research well about MMM will claim ignorance. THe number of participants GHing*(getting help or withdrawing money) from the system should balance with the number of participants PHing*(providing help or depositing money) otherwise a PAUSE MODE is activated which normally lasts from 1-2months. MMM has lasted for 5years in its current form since 2011, and that is one of the strategies adopted over the years. it was adopted in south africa and zimbabwe and the MMM in both countries is doing fine now. Even banks couldn't pay many customers this festive season. ATMs are dried, with no cash in them for people this yuletide season. Is that not a form of PAUSE MODE?


8. Do you agree that as a promoter of the scheme, you are quite dubious because you are seeking to reap bountifully at the expense of others when the scheme crashes?

Note I wrote ‘when’ not ‘if’

ANSWER: OGA, MMM CAN NOT and i repeat CAN NOT crash. The worst that can happen is a restart. A restart is not a crash. my people perish for lack of knowledge. It is easier for a camel to pass through the eye of the needle than for MMM to crash. MMM is an ideology. MMM is like religion, religion CAN NOT CRASH. The day an individual dies, his own MMM or religion has CRASHED. Everybody in the world CAN NOT die at the same time.In a restart, MMM will manually calculate how much each individual has earned from the system, those who have made 'profit' already will have their old mavros frozen and released gradually, but the newcomers or 1st timers will be queued up to be paid first by the system. thereby ensuring that NOBODY looses money. and the system will start afresh.

9. Do you not worry that you could have a hand in the death or grievous harm happening to people who could lose money from MMM and become suicidal?

We already have reports of some people taking poison because their money got frozen this December.

ANSWER: MMM is sincere and transparent, hence the WARNING to ALL participants to participate with their spare money. This is CLEARLY WRITTEN on the programs website home page. WHO will you blame for any adult who decides to drink 20 cartons of GULDER beer and misbehaves afterward? Nigerian breweries?

10. Do you understand that you are effectively using time that you could use for productive activity to promote a questionable scheme at best?

If you understand that time lost is irrecoverable, why waste it?

ANSWER: MMM is not a questionable scheme. MMM is an ideology that is changing lives of millions of people around the world. MMM is bridging the gap between the rich and the poor. If any adult decides to dedicate few hours or days to donate his/her spare money to charity or a neighbour in need, or teach people how to do same, do u consider that wasteful? MMM is helping humanity, that is CERTAINLY NOT WASTEFUL.

Your answers and feedback are quite welcome.

Source: http://www.opinions.ng/top-10-questions-mmm-subscribers-mavrodians-answer/

1 Like

Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by mediocre(m): 2:15pm On Dec 24, 2016
LOC1:
Lol.........the person behind their twitter account deserves a path on the back.
A path to your village?

1 Like

Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by Chukazu: 2:31pm On Dec 24, 2016
undecided it seems Alli Baba is working with the EFCC?
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by tiwiex(m): 2:34pm On Dec 24, 2016
nairaman66:
I would like to work with this guy on efcc handle, even if it's for free!! grin

U wan collect pay before. Me sef wan do am for free. Oya make we bid. What do u have to offer?
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by EbolaParasite: 2:51pm On Dec 24, 2016
Deeypeey:
Seriously?.....NNN?...wow,ds ppl must think Nigerians are really dumb and very gullible...
...and some ppl wee still "put their life" into this one again ooo...I guess if u r foolish,their s no cure,u r foolish naa ni
MMM take ur money finish,change to ZZZ(snoring mode)...u r still scouting NNN...smh
.
.
.
PS,pls dt guy in charge of the EFCC accnt shud just take a swerve into the comedy industry.

Actually, they don't THINK Nigerians are dumb. NIGERIANS ARE DUMB.
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by trustmybiz: 2:52pm On Dec 24, 2016
.
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by psalmsjob: 2:54pm On Dec 24, 2016
9jakohai:
How to make money

1.Work hard

2.Work hard

3.Work hard

4.Did i tell you.....work hard.?
I rather say: WORK SMART

1 Like

Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by VajanahDischaj(f): 3:02pm On Dec 24, 2016
Edwinmason:
nigerians never learn
learn what? how to be a financial failure? as in, when u are hit down, u remain down? or learn from a frozen account? them no dey freeze aaccount for naija banks?
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by Ghost01(m): 4:50pm On Dec 24, 2016
ogawisdom:
grin grin grin the man behind this EFCC handle has jst won my man of the year award for this response.
I was going to say something similar. S/he is doing a very fine job.
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by samsam2019: 4:58pm On Dec 24, 2016
adonbilivit:
sure basket mouth isn't handling efcc's twitter handle?
not him. He's no longer funny
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by Edwinmason(m): 5:10pm On Dec 24, 2016
VajanahDischaj:
learn what? how to be a financial failure? as in, when u are hit down, u remain down? or learn from a frozen account? them no dey freeze aaccount for naija banks?
it seems you are a victim of mmm....sory o if my comment made you angry
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by invectives(m): 5:26pm On Dec 24, 2016
ACCURATE PREDICTION: What Will Be Left Of MMM NIGERIA In The Next One Month?

Admin 19 Oct 2016 Business, News 2 Comments 2088 Views

As unemployment, layoffs and low borrowing hit Nigeria hard, MMM came, offering participants an online Nigerian community that can give thirty percent rewards on their donations to each other.

MMM Nigeria has been greeted with applause from many and tough criticism and scepticism from others. From the security man who has to live on peanuts to the chief executive who cannot access bank loans, everyone seems to feel richer and comfortable not necessarily because they have a lot of cash but because they have “confidence” that whenever they need cash, they have a community that can donate to them. This is what MMM claims is its ideology. Love over selfishness. For these people, MMM is a saviour and they won’t allow any criticism change their view. It is amazing to see thousands of Nigerians donating to each other.

Some other people don’t buy this. They believe “it’s too good to be true”. They believe MMM is a ponzi scheme because it allegedly needs new members to continue to thrive.

MMM Nigeria has however continued to grow even with bad media, something that really worries the critics and spectators. MMM Nigeria participants spend millions of naira monthly giving to thousands of less privilege persons in hospitals and orphanage homes, spending time with them in almost every state in Nigeria.

According to their website (www.) and hundreds of participants interviewed, thousands of Nigerians have benefited from donations they provide to each other through the MMM platform. A participant, Ade, got donations of about N900,000 donations to pay for his medical bills after previously donating N500,000.

MMM boasts of transparency by having no central account (so the money cannot be easily stolen) and being truthful with participants. MMM strongly warns participants to donate only spare money and stick to the ideology of helping each other. MMM resists those who want to get rich quick on its platform by putting limitations on possible donations (ten thousand dollars) and removing participants with multiple accounts.

These moves by MMM seem not to impress critics, they argue that MMM has collapsed severally first in Russia, South Africa and recently Zimbabwe. Research shows the Russian government in 1994 saw MMM as a threat and seized millions of participants monies in the MMM head office thereby leading to the collapse. The Russian government excuse was “MMM didn’t pay taxes”. It is hard to trust a Russian government who jailed and killed Nicolai (a foremost economist) by a firing squad for simply predicting the fall of socialism. The founder of MMM was arrested for not paying taxes (which was impossible because there was no law in Russia to tax a joint stock company for selling stocks) and later released when he was voted into parliament in millions of Russians. Clearly, they didn’t see him as the person who stole their money, they knew what their government had done hence the overwhelming vote.

South African banks and media strongly believed MMM was a threat to their economy. The media trial created a panic among participants who didn’t really understand the MMM ideology thereby leading to a panic. People stopped donating to each other. The media apologised to MMM after the disaster and banks unfroze accounts of participants. MMM South Africa restarted and became stronger (www.rsa-).

The Zimbabwe story is what is completely untrue. I personally reached out to hundreds of Zimbabweans (participants and non-participants). It is really surprising who is sponsoring such lies, a Zimbabwe participant said. Another Zimbabwe participant said “only some Nigerian online media are broadcasting this false news”. A simple google search of “MMM Zimbabwe” reveals only Nigerian media carried the news which had been posted months back by a Zimbabwe blog. The news was edited to paint MMM Zimbabwe as dead. According to Zimbabweans, the Zimbabwean structure was remodelled to become like the Nigerian structure (which is one of the strongest in the world). They moved from 100% rewards to 20% rewards on their donations. Why Nigeria media carried a false news and why it happened at the same time remains unknown.

What is clear is thousands of MMM participants in Nigeria are spending even in a recession thereby keeping a lot of small and big businesses afloat. MMM participants are also able to finance their entrepreneurial dreams with donations received thereby creating jobs. An edge non-participants really envy.

The job seekers, students and pensioners are able to search, study and live happily knowing if they need help, they have a solid community that can come to their aide.

Smart businesses are seeking the patronage of MMM participants because they seem to be able to live comfortable in a recession. One of the MMM Nigerian participants wrote “we don’t have billions individually but we have so much as a community”.

I sought to inquire if cheap money is good for the economy. A participant replied me “Do you know how hard it is to convince you that MMM is real? It’s not cheap money. I spent days convincing my family to participate in MMM. It’s hard work. I work as a clerk. My boss can’t give me a raise because we have lost most of our customers. I haven’t been paid for months. MMM is the only reason I can still come to work and not beg for money to pay my children’s school fees, feeding and rent. Would you say it’s bad for the economy?” He asked.

My final question to this participant was “how long will MMM Nigeria last?”. He said ” as long as we refuse to panic and keep helping each other. Divided we fall, together we will change our world. We must audit every news and verify every rumour. We must be wary of friends who are waiting to laugh at us. They can’t be our source of news or information. We must be strong and surround ourselves with like minded people. This way MMM Nigeria will last for a long time”.

My prediction: MMM Nigeria’s future in the next one week, one month, one year is in the hands of its participants. If they keep providing helping to each other, we will be unable to break them no matter what we do. Their destiny is in the collective togetherness.

By: Kolawole Emmanuel

1 Like

Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by Nobody: 5:27pm On Dec 24, 2016
MMM has crash, NNN will also crash here is scheme that can never crash GHW "/Izqctt"
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by paintworld(m): 5:38pm On Dec 24, 2016
iliyande:
Is this really EFCC twitter account grin
https://mobile.twitter.com/officialEFCC/status/812613886339846144
that person must be a product of oau...aro de their blood always
Re: How Safe Is NNN Nigeria? - Man Asks EFCC. See EFCC's Reply by gominau(m): 5:55pm On Dec 24, 2016
Epic reply, guy hade my day

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