Fred Rick
If 3 Million People contribute N1000 to you, how much would that be ?
MMM boasted of 3 Million members who contributed nothing less than N10,000 or more into the system.
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Assumption N10,000 X 3MILLION People, or let's assume that 500,000 gained from the system, Leaving out 2.5Million People whose money were trapped in the system,
Let's assume Mavrodi and Chuddy matched 2.5 Million People to pay them N10,000 each as the guilders.
N10,000 X 2.5 Million Members
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Chai see money oh, no wonder Mavrodi and his companions in fraud filled rooms with money in Russia,
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I still wonder why most people don't apply rationality in whatever they do,
And to think that some so called learned people also fell for the Scheme, really beat my imagination,
Well I won't blame Mavrodi and Chuddy they were wise men who capitalised on a people voracious greed,
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People are just too lazy to invest in capital projects, if you try to show them the right path to follow, they would brand you an enemy of progress who is jealous because they are making few thousands, ( how much Ponzi Scheme wan give you when go put ur name for Forbes ).
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The Sun will first rise in the West and set in the East before I can invest my money in any Ponzi Scheme.
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MMM really changed lives INDEED