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Nairaland Forum / Nairaland / General / Business / 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" (77064 Views)
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Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by beadaholic(f): 12:09pm On Nov 01, 2016 |
yorke1: Abeg come and reg under me 3 Likes |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by PMIcon(m): 12:10pm On Nov 01, 2016 |
They just need to ask for help to make more money and they can keep putting money on and asking for help as long as they want to make more money. You are just speaking out of fear. If that's the case even the regulated banks are not safe no matter how you defend them. jabolo: |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by uyicos: 12:11pm On Nov 01, 2016 |
Let's keep the system moving, the community ideology is great, no CBN Propaganda can distort the system. 2 Likes |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by mrchuckz: 12:14pm On Nov 01, 2016 |
BANKS ARE NOT LOSING. MANY DORMANT ACCOUNTS HAVE BEEN REACTIVATED. TRANSFERS ONGOING GIVING BANKS 105 NAIRA STEADY ATM 65 NAIRA FROM WITHDRAWALS TO MAKE DONATIONS SEE CROWD FOR BANKS THESE DAYS. 4 Likes |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by Austeenite(m): 12:14pm On Nov 01, 2016 |
All because MMM is not regulated by the CBN doesn't make it a scam. The world is going bank-less especially with the introduction of BitCoin. 1 Like |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by PMIcon(m): 12:14pm On Nov 01, 2016 |
If cbn is wise, it should create it's own competition for mmm. Nigerians need help and they found a way to help one another with benefit. You have no better alternative and you are trying to scare them from a much needed help. What a foolish way to respond to competition. 4 Likes |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by hardyDboss: 12:14pm On Nov 01, 2016 |
anthony533: Long life Mmm. I pray it last forever 1 Like |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by hardyDboss: 12:14pm On Nov 01, 2016 |
PMIcon:True talk! |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by lanre316: 12:16pm On Nov 01, 2016 |
ademasta: Please what's the model of your phone. It looks cool. 1 Like |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by expensive007(m): 12:17pm On Nov 01, 2016 |
slimany: Criticizing MMM fans is like throwing sachets of pure water in to the ocean. It wont make any difference to them. instead, they (MMM fans) will gather in one accord and face you like soldier ants. It will soon be dawn on them. Just keep watching. Work to get your money. |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by windeal: 12:19pm On Nov 01, 2016 |
Mmm ..my life my money my risk none of CBN business.. Long live mmm [color=#006600][/color] ![]() 1 Like
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Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by mrchuckz: 12:20pm On Nov 01, 2016 |
WHERE I STAY. NO GOVERNMENT ELECTRICITY I PROVIDED SOLAR POWER FOR MYSELF NO WATER I PROVIDED BOREHOLE FOR MYSELF NO STREET ROAD. RESIDENTS CONTRIBUTED TO SANFILL AND GRADE REGULARLY NO SECURITY. WE ARRANGED VIGILANTE. NO SALARY NO MONEY I DECIDED TO HELP MYSELF WITH MMM CASE CLOSED. WHO GOVERNMENT HELP? WE ONLY HEAR BILLIONS AND TRILLIONS ON THE NPAGES OF THE DAILIES. ABACHA LOOT DANSUKI GATES SINATORS ALLOWANCES NO NIGERIAN STIPENDS IN THE LIST 7 Likes |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by MisterSleeky(m): 12:21pm On Nov 01, 2016 |
ewosk: Then how do they make their profits since they don't get the money directly from people offering help? I want to understand. Anyone can help and explain to me please. |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by Nobody: 12:25pm On Nov 01, 2016 |
ken2baba: And the loss suffered by the new comers who are likely to be larger in size does not concern you. Remember that some of those newcomers' lives might depend upon n the money. That is nothing but pure selfishness. |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by mecussey(m): 12:28pm On Nov 01, 2016 |
munas: Tell me one biz that will survive without new customers. |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by folba(m): 12:28pm On Nov 01, 2016 |
It's a fraud, already crashed in SA but people still GH y.day in SA. ![]() ![]() 1 Like |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by ademasta(m): 12:29pm On Nov 01, 2016 |
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Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by laprince(m): 12:29pm On Nov 01, 2016 |
coollabman: I don't do mmm. But, I can tell you for sure that mmm has helped more Nigerians than the said government. Ain't you talking about the same CBN that secretly employed the children of the elites in Nigeria. There's nothing reputable about the CBN. 4 Likes |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by Smooyis(m): 12:29pm On Nov 01, 2016 |
This warning by the CBN will ultimately lead to panic withdrawal which will crash the MMM. To before warned is to before armed. |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by PMIcon(m): 12:29pm On Nov 01, 2016 |
fratermathy:If it is true, those guys lack common sense. If they can't hack Nigerian banks, is it the one that helps others- the one they will benefit from that they want to hack? Even if they create a clone, those who follow the rules will not be hurt. People should just make sure they register under someone they know. |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by deebrain(m): 12:31pm On Nov 01, 2016 |
I'm not into this MMM thing but I think CBN must be really out against the scheme without concrete proof against the scheme. And how come our very dependable CBN seem to know the things we should not do, but have no idea of the things we should do to come out of recession? 5 Likes 1 Share |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by PMIcon(m): 12:33pm On Nov 01, 2016 |
expensive007:Do you have an idea of how many people are jobless or underemployed for lack of job, not because they don't want to work? 2 Likes |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by ginggerxy: 12:33pm On Nov 01, 2016 |
coollabman:but I wonder why this MMM is itching you in your anus like this? this this money they are talking about is not your money, the money doesn't belong to federal government this money belongs to an individual they can choose to do anything they want with their money and it's non of your business or that of the federal government. People spend their money the way that seem fit for them and you don't have to complain about its cause it doesn't stop you from breath neither does it stops you from making your own money. The federal government is more of a scam than the MMM it self just imaging if every body that pays task can reap 30% benefit of the task they pay as an individual or after school as your will be given the 30% of what you spent in school. And if the federal government can find away of making life easier for those doing the MMM I don't thing people will think of risking it the aim of this publication is to scare those intending to venture into it and make those already registered to withdraw their money and make the scheme to collapse and they will start saying we warned you people nonsense . The FG should fulfil and the lies told during election campaign or you permit me to say that MMM is much more trustworthy than the FG. 5 Likes |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by Nobody: 12:34pm On Nov 01, 2016 |
CBN is crazy, why calling it fraud ,was it bcs pple r no more putting money in bank again, is it ur money, you can't help graduate out there,there are thousands of graduate roaming about no job, |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by PMIcon(m): 12:34pm On Nov 01, 2016 |
Smooyis:You must be kidding. Nigerians don't care anymore. |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by omoyowa: 12:36pm On Nov 01, 2016 |
coollabman: Go and sit down... who CBN Don help? MMM have been helping people...,I bought a car last week from MMM and My friend bought a land.. 3 Likes |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by Dereformer(m): 12:36pm On Nov 01, 2016 |
coollabman: This is an apt description of MMM. It is what it is 'a ponzi scheme'. A friend has been disturbing me recently to invest through him, I looked at him with all his education and enlightenment he does not realise that sooner or later he's going to loose his money. For those that have ears to hear, please hear that MMM is a scam. |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by saudyarmani(m): 12:36pm On Nov 01, 2016 |
Yes,i call it wonder bank cos it's still showing me wonders...long live MMM nigeria...long live MMM africa... Nb: let cbn Show us wonder too Gimme some likes to Show some love for MMM 2 Likes |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by Mayflowa(m): 12:37pm On Nov 01, 2016 |
wailing: Forget it. It gonna crash this year. Given free hand MMM can last up to 5 - 10 years. But no country government can allow this to thrive in her country where there is a banking system. Would you rather crash a guaranteed banking processes to favour MMM which circulate money without any product attached to it and which will of course fail eventually? So the right thing government does is to close down the system in its earliest stage. Russia, America, brazil, China and most recently South Africa have had to close them MMM calling it a ponzi scheme. MMM has never crashe'd on their own! So be sure, CBN is going to block MMM Web Access soon from naija Internet space. Be warned |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by PMIcon(m): 12:37pm On Nov 01, 2016 |
obasy09:MMM IS NOT AN INVESTMENT PLATFORM. GIVE AND IT SHALL BE GIVEN TO YOU... THAT'S THE PRINCIPLE IT WORKS BY. ANYONE WHO DECIDES TO MAKE MMM AN INVESTMENT DESPITE WARNINGS ON THE PLATFORM HAS HIMSELF/HERSELF TO BLAME. |
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by autonomous22: 12:38pm On Nov 01, 2016 |
CBN don dey envy us o...... |
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