Joel3:
this is how it works..

if you help someone. that amount let say N50k. this 50k will enters your mavro account. and it grows at 30% a month. at the end of 30days it will be N70k. so if you request for help. someone will help you with the N70 cash out. the person that help you with 70k another person will help that one at 30days. then u too can help another again and again just like that.

micky2004:
traffic my brother, the same way Facebook, Google, Yahoo, Twitter is making their money from the data you are buying to browse their websites.

Joel3:
shut up. as I said before it's not a scam.

it's a simple logic. but it's a threat to our banking sector and the economy. the money is in circle between the banking chain and growing rapidly for doing nothing. it will hurt down our very own economy like recession.

the prosperity is a fake prosperity.

mckoolcharming:


list the capital projects when food is paramount..... people are yet to feed and you are talking about capital project. if MMM is a risk, I will take it a million times rather than hope on those gullible brethren
Suddenly the government cares about us.
With over 20Million unemployed Nigerian youths and a massive economic recession, the clueless Nigerian Government is telling me that I should not freely give out my spare money and get financial help after 30days!
MMM has changed my live and that of my family and I have one word for the Government and it's agencies. Thanks for the advice.
Now please mind you own business and stay away from mine.

moendowed:

Has facebook, twitter or instagram register with any body in Nigeria? Don't forget the meaning of the word Online or community.
As long as there are no physical offices anywhere it doesn't need registration with any govt body.

Acidosis:


They don't have any account!



I think Nigerian Banks and the FG are the greatest scammers on earth. Bunch of ediots!


Put N500k in a bank, the useless banks will use this money for business, make money, declare phantom profits and pay you N200 interest after a year! Bunch of f00ls.


As far as members of MMM are making their profits, it is NOT and will never be a scam unless proven by the management.


These f00lish leaders sit in their toilets round tripping dollars, declaring Fx profit at the comfort of their homes, and they expect people to remain on the same spot?! NEVER!

BANKS are the greatest scammer! ONLY a F00l will leave large sum of money (millions) with a bank, especially in a recessionary third world economy! Your idle money (savings) is putting wealth on the Table of Corporate Scammers - Banks who go behind doors to condemn MMM when in fact, they do corny and dirty deals.

I only pity some petty news-monger who believe these f00lish leaders have their interest at heart. If you believe MMM will save your finances, go ahead and invest! The f00lish leaders know their survival strategy! They steal the dollars, hide them and push us into recession!

Use your head people! Do not let those suits deceive you! Banks are not better than MMM!

moendowed:

Has facebook, twitter or instagram register with any body in Nigeria? Don't forget the meaning of the word Online or community.
As long as there are no physical offices anywhere it doesn't need registration with any govt body.

JeffreyJamez:


So you expect me to put my money in an Online community with a weak website?...are you normal at all?

Nnaabros:
[size=15pt]Damn! The way proponents of this scheme are ready to defend it even with their lives is very surprising. They defend it so much that they are even ready to sacrifice their lives for. See the fury, anger and frenzy with which they crush anything or anyone that speaks negatively about MMM. THE LURE OF EASY MONEY IS THE STRONGEST TRAP IN THE WORLD [/size]

grossintel:
You know what, mmm is not an investment. Unlike you said you invested 130k and they folded up weeks later in mmm you hold your money with you till you are called which takes like 2weeks or a month and. When you are called you don't pay to mmm they don't have an account, you pay to the person that called you for help and you confirm with your mmm account simple. Money moves from your bank to my bank and not to any organisation to keep.

aminho:
oga take it or leave it i lost 500k naira on mmm its a fraud

neocortex:


You see those group you mentioned, you only get what you will eventually put in which
is a normal thing. But this MMM promises you 30%, where do you think the extra comes from ?
Nobody will put their money in MMM if they have to pay back all they have earned from it.

RexEmmyGee:
How does MMM generate 30% to pay participants?

This is a question that can never stop being asked. I have tried explaining this severally BUT its like "magic" to so many.

I understand everyone's fears that's why I will break it all down further mathematically below.

Let's say,

100 donations came in from 100 participants @2,000naira each = 200,000naira

In order for the 100 donations to be paid their 30%, that means 60,000naira extra donations must come in.

The BIG QUESTION is then how?

Here it is:-
The 60,000naira wld come in through:-

(1.) Regular GH and re-PH from the 100 donations done by the participants.

Here is d maths:-
50 participants GH all their earnings + Principal donation = 130,000naira.

Total left over PH balance = 70,000naira

The remaining 50 then needs 60,000naira to get their own 130,000naira paid too.

The first 50 paid 130,000naira total then re-PH back their 100,000naira (maybe keeping back their total profit of 30,000naira)

That then adds up to the 70,000naira available to pay the 50 participants left (130,000naira).

++ So, the cycle continues on and on for as long as the principle of Regular GH and re-PH remains!!!

+++

This is just d same Principle Banks work with. That is why it is possible for just a deposit to serve 10 - 20 withdrawals.

And they pay you little interests for using your money to keep the redistribution process going!!

++NOTE+++
Don't come and do "Hit and Run" - The one u GH'ed and ran away with will soon finish and u will have to start all over again when coming back!! Why not just relax and earn for a longer period.

So whether new donations comes in OR not, the process of providing and getting help can continue for as long as all participants knows the whole process depends on their actions or inactions!!!

Secondly

(2.) New donations coming in through participants referring others to the community. This keeps the system consistently growing!! Every business (offline/online) needs new sales to survive..

Yes - MMM provides NO Guarantee and we all donate ONLY our "Spare Money"

BUT sincerely it can go on for as long as we all want since we all make the Community what it is!!

Always remember that in MMM there is

++ No Company Account!! Mavrodi can't wake up one day and ghost off with the money since we are not paying to his account.

++ You bank account/bitcoin wallet is MMM's account.

MMM's strength is the IDEOLOGY above that I broke down mathematically!!!

We are the Community!!

Together We Change The World..

Iceking1:

.
.
Hello sir, i want to register on mmm but am afraid, because i read some where that after someone requested from help from you if after two days you have not responded they you will be banned permanently and all your money will be lost.

mckoolcharming:



If only they will admit that banks are ponzi scheme, then I will agree that MMM is a ponzi scheme.

1. MMM is not an Investment program. We are helping ourselves to be financially free. The government has failed us and we have decided to help ourselves

2. MMM does not collect our money. We pay directly to other people's account.

3. MMM is not a company, as such, there is no point registering with SEC.

4. Is there any law in this country forbidding us to help our brother? If there is, then you can shut us down

5. If the government begins to gives us 24hours electricity, pay a minimum wage of NGN200,000 per month, employs everyone that is unemployed, then we can consider leaving MMM

JeffreyJamez:


I dont even understand fa!

Laveda:



You no go rest ba? Like they'll listen.

Mboi2:

Lies!!! How did u loose the money, do u have up to N20k in ur entire life?

tuniski:


Wake up it is a fraud! They collect other People's cash to pay those who are older with them, immediately new mugu are not joining they will collapse!

PaulIdu:


scamming is a psychological science targetted toward the greedy .. to achieve this you need a greed bait and that is why they add 30 percent to attract the greedy once ..why do they chose the greedy? Greed is like an addiction and those who have it will never pass any opportunity to reveal their greed

chessguru:
MMM does not have a central account and does not collect your money, so the issue of fraud is suspect...... The system may not last for ever but it will not be because they closed shop and run away with your cash because you do not pay money to them

ephi123:
Guys, who remembers Nospetco?

NOSPETCO:Killer wonder bank: 25 Depositors die • 13,000 lose N22bn ...
www.9jabook.com/.../nospetco-killer-wonder-bank-25-depositors-die-13...
Killer wonder bank: 25 Depositors die • 13000 lose N22bn • Emir shields fraudster from police By ORI MARTINS Monday, October 31, 2011 ...

It is exactly the same scenario playing out again. It is very attractive but history will definitely repeat itself. Money cannot just come out of thin air 30% returns imagine, no explanation of what value is being created to generate that money. But I know some people will still not heed the warning.

Nnaabros:
Damn! The way proponents of this scheme are ready to defend it even with their lives is very surprising. They defend it so much that they are even ready to sacrifice their lives for it. See the fury, anger and frenzy with which they crush anything or anyone that speaks negatively about MMM. THE LURE OF EASY MONEY IS THE STRONGEST TRAP IN THE WORLD