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Nairaland Forum / Nairaland / General / Business / MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian (83795 Views)
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Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by saudyarmani(m): 1:51pm On Oct 24, 2016 |
Falacy....long live MMM,the biggest risk in life is not taking a risk at all....taking the risk and still smiling....cos life it's self is a risk.....well if u dnt believe..then tell me what will hapen to you tomorrow?? If e no be MMM e no fit be like MMM 8 Likes |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by Nobody: 1:52pm On Oct 24, 2016 |
uzolexis: Big Sis, u be prophet of doom? U sure say no be from MMM money, dem go use pay ur bride price 5 Likes |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by trueking: 1:54pm On Oct 24, 2016 |
The scheme is targeted at poor people with no reasonable source of income. 2 Likes |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by uzolexis(f): 1:55pm On Oct 24, 2016 |
Benstino: I'm not a Prophet of doom and my fiancee knows better than to invest in a fraudulent scheme and like all other fraudulent schemes, MMM will crash, that's just a fact. 1 Like |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by Max24: 1:56pm On Oct 24, 2016 |
knostbrown01:Na lie u lie. If nobody join u you no go get kobo. That's how it works. So SEC is right. |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by fairplay90(m): 1:56pm On Oct 24, 2016 |
bennieman: Tell them my Bro & God Bless You |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by deavicky(m): 1:58pm On Oct 24, 2016 |
Okundaye4:brooo don't mind those men. i just pay my own this morning. no body can fall this our business for us |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by Felikjizzy: 1:59pm On Oct 24, 2016 |
Forget this people and their bad mouth..... still getting paid. Anyone interested and doesn't know how to go about should just watsapp me on 08088880108 |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by deavicky(m): 2:01pm On Oct 24, 2016 |
Max24:na u lie. |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by rman: 2:03pm On Oct 24, 2016 |
adconline: Simple as ABC. It is the new memebers funds that is paid out as profits. Immdeiately it gets saturated and new members become difficult to add it will crash. It will not even take up to 12 months to get to the saturation level at rate I am seeing comments from nairalanders. 1 Like |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by Zedoo(m): 2:03pm On Oct 24, 2016 |
cindyrocks: Its not an argument thing... A ponzi scheme is a ponzi scheme and the early pays are good...people who WILL lose are the last signees before it crashes.... Ponzi schemes dont last.... I don't know why Nigerians feel their country is "unique", despite having one of the lowest industrial outputs per capita in the world.... Places with more populace, better economy like china couldn't carry Mmm, it crashed and they quickly sprouted it in Africa, the home of hook line and sinker swallowers.... mMM sure as heaven pays out WELL.... The reality you should ask yourself is, So somebody will just come, with the "socio-philantropist" mind to "free" you from ALL your financial stress and award you a 30% gain on any amount you put in.... GOOD, But there WILL always be a long run catch.... The idea is...it works long enough that people trust it with all their hearts, And when its close to the pack up day, most of the accounts they will "assign" you to pay money into will be the accounts of the "first" people whose GH must have clocked some serious amount of money....and despite all.they make you believe that nobody can withdraw more than 2.5milion at a go, dont be deceived, the people who "set" it, set it for every other participant BUT themselves....and they are faceless..... Then get paid all the money and if those below them are lucky enough, they get paid a bit too and the rest will just keep complaining they have no seen alert..... 1 day will pass.... 2 days.... 3rd day the site closes.... You will of course argue as much as you want....if mavrodi cared about you, he will not have stolen previous participant's money without refund.... As much as the scheme is working right now...enjoy it and be wise....i am enjoying it too....but I'm being wise....very wise... NOTHING GOES FOR NOTHING.....who ever the Nigerian cronies of Mmm are they have successfully used the idea of a "conspiracy" by govts of the world to keep people poor" to get to Africans... The most important thing is wisdom....if one doesn't know how to manage money, when Mmm goes, the person will rotate back to square one.... 9 Likes 1 Share |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by deavicky(m): 2:04pm On Oct 24, 2016 |
uzolexis:why are ppl so interested in crashing this our business. but sorry it is late now. 1 Like |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by geniusng(m): 2:04pm On Oct 24, 2016 |
I have been laughing all the way... MMM is paying...I just got a member who joined under me with 1 million and I am getting 10% of that amount (100k) Before I joined MMM i deposit N50, 000 on mutual fund and after 5 months I got N1,775 as interest. I withdraw that 50k and put it on MMM and after 30 days, I got N74, 000...so why will MMM not thrive. That is injustice in the highest order. If I go to bank to borrow 50k, do you think they will borrow to me? MMM...together we are already changing the world. 3 Likes |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by kaywizee(m): 2:04pm On Oct 24, 2016 |
MMM Pays |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by knostbrown01(m): 2:06pm On Oct 24, 2016 |
Max24:You and SEC are wrong..... I deal with MMM international with republic of bitcoin.... you and SEC may not join me.... The stones will rise and join according to bible Max24:You and SEC are wrong..... I deal with MMM international with republic of bitcoin.... you and SEC may not join me.... The stones will rise and join according to bible |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by SUCCESSCHINEX(m): 2:06pm On Oct 24, 2016 |
Keep doubting while your mates are making close to millions every month. I'm making 240000 monthly from mmm 1 Like |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by uzolexis(f): 2:06pm On Oct 24, 2016 |
deavicky: I have no power to crash it dear, just be careful, don't say you were not warned. 1 Like |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by vanvick247(m): 2:11pm On Oct 24, 2016 |
Why una come dey take panadol for headache wen no concern unaaaaaa?? Life itsef na risk, if MMM wan crash make e crash unto my head. MMM for life 1 Like |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by Zedoo(m): 2:11pm On Oct 24, 2016 |
saudyarmani: I hope you have an "actual" business doing asides Mmm There is a difference between a risk and a gamble.... Mmm is a gamble, It can close anytime.... Setting up a business is a risk, everything lies in your decisions and market situations... Only a poor person will JUMP with everything he has into a scheme that pays without "stress", even yahoo boys dey sweat.... There is a "catch" to Mmm....and its good its paying right now....just stay safe and get downlines....stack Dem up and reduce your own input....dont be greedy... 1 Like |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by Oleumayhur(m): 2:11pm On Oct 24, 2016 |
Olofintoto:. Kudos bro |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by cindyrocks(f): 2:12pm On Oct 24, 2016 |
Keep talking to the hand. Bye. Zedoo: 2 Likes |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by Bolaadu(m): 2:14pm On Oct 24, 2016 |
virginboy1:guy u are not a gambler. MMM is also a bet have save more than a million in MMM, sportbet don chop me die life is all about risk. |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by Oleumayhur(m): 2:14pm On Oct 24, 2016 |
SUCCESSCHINEX:bros abeg me i don dey the lane for almost 3 weeks now i wan start with 20k dem neva get back to me |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by Kessyy2k4(m): 2:15pm On Oct 24, 2016 |
Kangol99:Mod take note ; violation of Rule 16 promoting ponzi scheme fraud/scam investment 1 Like 1 Share |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by Moganajoe: 2:15pm On Oct 24, 2016 |
Kangol99: We are aware of the risk associated with it which the founders states; allow us to shoulder the joy & the pains that may arise in the future......Lets the govt.focus on building infrastructures & fighting curruption. Again, no investment that do not have risk. |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by Eberex(m): 2:15pm On Oct 24, 2016 |
YOU CANNOT MAKE MONEY WITHOUT SPENDING MONEY. I JOINED JUST TWO MONTHS AGO AND I HAVE RECEIVED TWO PAYMENTS. NO STORIES, NO HICCUP , NOTHING. YOU DEAL WITH FELLOW NIGERIANS LIKE YOURSELF. I KNOW WHEN TO QUIT, BUT FOR NOW I AM MAKING MONEY ON MMM. 2 Likes |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by Originalsly: 2:19pm On Oct 24, 2016 |
toneawe:Never said participants pay money outside Nigeria. Read and understand before replying. |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by manikspears: 2:20pm On Oct 24, 2016 |
I'm not a fan of mmm myself but i am a realist,with the way people are loosing their jobs on daily basis without pay and the price of food stuff on the rise,how do you expect people to survive? not all of us can carry gun,dupe or do yahoo plus.please professor tell me how you want people to survive.you are there thinking deep on how to discourage what some people refer to has livelihood will you feed us or give us money to start business?every business has its own risk if mmm crashes today you loose your money but what if it does not?people have made millions off this scheme,i know someone who processed his canadian visa with the money he got from mmm and he left the country 2weeks ago.Government wont get a kobo from mmm if that is there goal,pls concentrate on how to get people back there livelihood and they will leave mmm if not....? go and suck co*k.Nigeria is a lawless country,no employer is allowed to sack it's staff(who has done nothing wrong) without payment,but do they give a fu*k. 6 Likes |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by May19th: 2:21pm On Oct 24, 2016 |
As a blogger i spent most of last month dishing out unfounded story about MMM, but after a closer look i see that MMM is a lesser threat compared to Nigerian banks, NSE, and our entire capital market. As a result i decided to only report facts and not just any falsehood in the name of traffic. I've got conscience, and i got to follow it. MMM is a risk just like like any other venture in life. Fellow bloggers think twice before hitting the publish button with anti-MMM publications. 5 Likes |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by don4real18(m): 2:22pm On Oct 24, 2016 |
Thermodynamics:leave em... just because guys are not coming to invest in their GNLD anymore |
Re: MMM Nigeria: Ponzi Scheme, Robbing Peter To Pay Paul? TheGuardian by faith551(m): 2:28pm On Oct 24, 2016 |
Bollinger: Imagine??. Bro's I no come argue with you, but MMM's future sure pass Nigeria's economic future, atleast the naira is still falling. Dangote sacked some of his worker's, state governments are owing worker's upto 6mnths in some states, price of goods are going up everyday, Inspite of all this I've hardly heard of anyone say his/her salary was reviewed upwards. I f the cost of living is getting higher and there are no jobs with the few around paying below average what the you expect the citizens do? (A question you've still not answered) 1 Like 1 Share |
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