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Nairaland Forum / Nairaland / General / Investment / Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" (72801 Views)
10 Reasons Why MMM Is Dying And Will Soon Be Dead / Still On MMM Matter, Please I Need Urgent Response / SEC Warns Nigerians Of The Dangers Of MMM, Calls It Fraud (2) (3) (4)
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Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by Saintdix(m): 9:06am On Sep 12, 2016 |
![]() Weeks after the Nigerian Security and Exchange Commission (SEC) warned the general public against falling prey to an online investment scheme tagged, “MMM Federal Republic of Nigeria,” many people remain immovable in their quest for its breadth-taking gains. http://m.guardian.ng/news/nigerians-ignore-secs-warning-on-online-financial-investment-scheme/ 2 Likes 3 Shares
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Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by clintino700(m): 9:16am On Sep 12, 2016 |
MMM is still paying...one can't just fold hands and be waiting for govt to do something about the economy. Man's needs to survive oh. 128 Likes 3 Shares |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by ArchitGreen(m): 9:19am On Sep 12, 2016 |
greedy peeps and ponzi schemes..... 65 Likes |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by Nobody: 9:22am On Sep 12, 2016 |
whatever that rocks one's boat.. Life itself is a risk, the participants are aware of the inherent risk, so let them bear the outcome. I won't condemn,or praise anyone that engages in it..afterall man must survive.. 65 Likes 1 Share |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by Opistorincos(m): 10:30am On Sep 12, 2016 |
its just a matter of time, all the people hailing MMM now will cry to us for help and verily verily i saw unto you, by then, it will be too late to cry,scream or even commit suicide 60 Likes 4 Shares |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by MarshRiley(m): 11:20am On Sep 12, 2016 |
Scam? When I just PH another 100k? Abegi,is Nigeria not a scam? 103 Likes 4 Shares |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by BrainnewsNg(f): 12:54pm On Sep 12, 2016 |
clintino700: Hmmmmm Really? 3 Likes |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by BrainnewsNg(f): 1:07pm On Sep 12, 2016 |
Opistorincos: Tell them I will be the last to engage myself in this. Instead let me work harder in what am doing on my blog. Lalasticlala what about you? 10 Likes 1 Share |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by extwoo(m): 1:18pm On Sep 12, 2016 |
You are not buying, you are not selling but you are borrowing people you don't know money so they will borrow you back. Okay o. 58 Likes 5 Shares |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by Nobody: 1:48pm On Sep 12, 2016 |
Let's see who will win Mmm or the doubting Thomases, but let no poor soul expect any assistance from me because if you are not ready for risk don't expect any reward. Go and ask dangote 38 Likes 2 Shares |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by olamik123(m): 1:52pm On Sep 12, 2016 |
Government and SEC deprived you of diving into the wealth from bitcoin, is that fair? Banks will be like, your money is safe with us, and my question is, is our money really safe? They use our money (because without u and I, nothing like bank) to give loans to companies and make huge interest, if they are giving me 5% monthly, i won’t be shouting instead they charge me for using my money for business. Billing you unnecessary charges and the worse part of it is that you can’t talk, even if you do, who will hear you? Bank will send you a credit alert or interest alert of #0.50k and charge #4 for the sms. And you said that one is not a legalized scam (you are wicked). Politicians will be like vote for us, when you vote for us, we will do this do that. Your vote counts. Liars, the worst scams ever seen are the politicians, deceivers. The less privilege are the ones languishing in poverty but you are there living in luxuries, you denied us from going to the best schools because of the high fees but your children are in the best school outside the country. And you think you are not a scam? You are deceiving yourself. School will be like read your book and make sure you pass very well so that you can get a good job, where is the job? 6Years in primary, 6yrs secondary school that is if you didn’t repeat any class then 4 yrs in tertiary institution as the case may be plus another 1yr of youth service and after all these years no job to be found and you said that is not a scam? You subscribe to DSTV, after you might have paid your NEPA bill of which you only get light in the middle of the night around 1am -5am, tell me who want to use the light? And DSTV management could not even pause the operation for you since you are not using the service, that is non of their business and at the end of the month, NEPA will still come with an estimated bill of which you can’t shout, if you do, they will cut your wire and assume you did nothing to it for a month, you still pay for that month despite you didn’t use light and when you want to reconnect, you will pay reconnection fee. is that not a scam? If I should continue disclosing all their scams, facebook won’t be enough to accommodate it. We have been in this slavery long enough, we can’t take it any more. It is obvious they do not want the average man to live the better life that we suppose to. MMM has come to stay and not SEC nor Government can stop it They said MMM is a scam, yes we know is a ponzi scheme, yes we are aware of that is a fraud, yeeeessss we know about that also Ah, the founder is a thief, yes we read about that, we even read that he was jailed, and so what? MMM is too risky (Abeg shut up that dirty mouth) I’ve been taking risk since i was born, living in Nigeria (where there is no security, if its not boko haram today, it will be fulani herdsmen or some stupid avengers and their kinsmen kidnappers etc) is the greatest risk one can take and if i have been living in it for more than 40yrs with the risk attached, i tell you the truth, i can overcome any risk. We are risk takers We are scammers We are ponzians We are Mavrodian We are MMM 456 Likes 55 Shares |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by living2013(m): 1:57pm On Sep 12, 2016 |
intbizoil:what is not a risk? I am a beneficiary of this scheme. Many participants under me have also been testifying 16 Likes 2 Shares |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by chumakk: 2:25pm On Sep 12, 2016 |
The question is ---what do they do with the money within one month for it to gain 30%? 45 Likes 2 Shares |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by registration(m): 3:01pm On Sep 12, 2016 |
with that writeup. 1 Like |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by Tjohnnay: 3:22pm On Sep 12, 2016 |
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Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by Pr0ton: 3:22pm On Sep 12, 2016 |
On air |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by Nobody: 3:23pm On Sep 12, 2016 |
They should keep their warnings to themselves. Banks rob their customers everyday and SEC/CBN have said nothing about it. Go and ask how much interest you'd enjoy for 6 months on an investment of 1,000,000.00 you'd be shocked. Even the so called T-bills is nothing to write home about. Federal Government bonds that seems to be an option had been hijacked by the same SEC/CBN officials. We have some cooperatives sef that give you between 5-10% of your capital every month without any charge. I mean every month!!!!! The CBN's case is even worse, one thing that pains me about their own aside their shaddy recruitments and "fat bonuses" is them going as far as selling mint (new notes) to blackmarketters who sell them on the streets. That's why you hardly see new notes in banks again but you find it on the streets. There is a clear warning and disclaimer on MMM's site, T and C's of the scheme is clearly stated and the whole modus operandi is there on their site. Noone is forced to venture into it. 26 Likes 3 Shares |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by pippimp(m): 3:23pm On Sep 12, 2016 |
Babzilla, what is this MMM thing they are talking about? |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by chris4gold(m): 3:24pm On Sep 12, 2016 |
Lies 1 Like
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Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by izzou(m): 3:24pm On Sep 12, 2016 |
Dangote can't even boast of a 30% profit in a month Well, lemme sit back and watch how MMM goes ![]() 17 Likes 2 Shares |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by Nobody: 3:24pm On Sep 12, 2016 |
My brother is not listening to me too. helping hands international is far better and safe. |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by emperorchedda(m): 3:25pm On Sep 12, 2016 |
MMM is a ponzi scheme truly, it will fold yes. But before it does we need to grab the opportunity 27 Likes 1 Share |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by Pavore9: 3:26pm On Sep 12, 2016 |
Time will tell! |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by kaen1317: 3:26pm On Sep 12, 2016 |
Between MMM and APC's Change, which is the bigger scam? Methinks APC and Change. Next time ask which type of change cos clearly this isn't what we bargained for 49 Likes 3 Shares |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by Toluwani111: 3:27pm On Sep 12, 2016 |
kaen1317: ![]() 5 Likes |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by dotna(m): 3:28pm On Sep 12, 2016 |
Bolle And ground nut I dey order dey observe 2 Likes |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by sherifos: 3:29pm On Sep 12, 2016 |
I also did a review on Nigeria MMM too, hoping that Nigerians will becareful and make wise decisions 2 Likes |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by goldedprince: 3:29pm On Sep 12, 2016 |
I HAVE BEEN DOING MMM FOR 6 YEARS NOW EVEN BEFORE NIGERIANS STARTED IT. Its a scam, but before they scam you, some lucky ones gain from it. Its the easiest way to make cash. Just be smart. Mmm always scam u in the long run 19 Likes 3 Shares |
Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by Pvin: 3:30pm On Sep 12, 2016 |
Better to invest in MMM than playing Bet9ja. especially Virtual 41 Likes 1 Share |
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