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'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" - Business (9) - Nairaland

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Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by anthony533(m): 1:33pm On Nov 01, 2016
Who told you that MMM has a central account that they will siphon our money into incase they colapse. CBN should stop taking paracetamol on another mans head o. Perhaps why are nairalander so pained

2 Likes

Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by jaywhoco(m): 1:37pm On Nov 01, 2016
BRIGHTRIVERS:
I just dey pity the last person wey go join MMM
lol. Nope, the last 'people' wey go join

1 Like

Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by Mayflowa(m): 1:39pm On Nov 01, 2016
PMIcon:


I did not ask for d history of mmm. My question was specific.
We know the history of Mandela too.

And I directed you to Wikipedia for it. Why are you finding it hard to accept any new information on this? I never condemned your MMM. It is substainable in a country of especially poor people for some time though but I am telling you no sane government will allow it to thrive. Do you doubt that? Then watch out before the year runs out.
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by BRIGHTRIVERS(m): 1:41pm On Nov 01, 2016
jaywhoco:
lol. Nope, the last 'people' wey go join
No let these mmm faithfuls catch u o grin grin

1 Like

Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by Caleycash(m): 1:42pm On Nov 01, 2016
coollabman:



I can't believe someone will type this rubbish on a public forum! You mean that after being warned about the dangers of something by a government official from a reputable government agency you still ask such stu.pid questions?! Now imagine if NAFDAC warns Nigerians about a particular product and tells them to desist from buying/consuming it, is it wise to ask NAFDAC is it their money? is it their own life at risk? imagine the nonsense! angry angry better heed the warning and stop fooling yourself.
There's no quick and easy way to make money #Word.
Clap for your self, I know after writing this mess u will think ur wise, No!!!. U er a bonafide fool...who knows shiit about his country, u better pray for sense ASAP.

3 Likes

Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by oghene022(m): 1:48pm On Nov 01, 2016
MMM PAYS AND IS D ONLY PLATFORM I CAN BE ON RITE NW.
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by Nobody: 1:53pm On Nov 01, 2016
fran6co:

.

my brother no way o Senate rejects Buhari’s $29.96bn
loan request

They should reject that loan, how can they borrow without economic blueprint?
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by nony43(m): 1:56pm On Nov 01, 2016
nairaman66:


CBN reputable? Please think again..

Besides, the CBN can't do anything they can only warn and that's it. The decision making solely lies with the individual who wants to invest in MMM.

Furthermore, between the Nigerian government, CBN and MMM who is scamming the Nigerian people the more??

God bless you my brother
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by silversonuc(m): 1:56pm On Nov 01, 2016
TenPassfour:
What is the meaning of MMM?
Before I join.
mavrodi mondial moneybox anymre questions? oya contact me to gt u strtd
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by oruma19: 1:56pm On Nov 01, 2016
coollabman:



I can't believe someone will type this rubbish on a public forum! You mean that after being warned about the dangers of something by a government official from a reputable government agency you still ask such stu.pid questions?! Now imagine if NAFDAC warns Nigerians about a particular product and tells them to desist from buying/consuming it, is it wise to ask NAFDAC is it their money? is it their own life at risk? imagine the nonsense! angry angry better heed the warning and stop fooling yourself.
There's no quick and easy way to make money #Word.
I wonder how it concerns u. I bliv u r a part of the conspiracy to continue to impoverish the people of this country, peradventure u r not part of them, then I can only see u as condemned to be poor. Mmm rocks therefore cry ur cry.
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by mecussey(m): 2:01pm On Nov 01, 2016
ibrodex:
The rate at which CBN warn the public about this scheme.
Don't be surprise if the site is shut down in Nigeria.

This is to tell you the height of wickedness in the country...tell me how borrowing money simultaneously is affecting this cbn pple. They just want to continue the double standard of life. There only hope now, is to pay U.S or Russia to shut down the site...otherwise, mmm is no where near crashing in Nigeria. They should just leave us alone make we dey do our mmm. The risks are boldly written on the website so, we dont need cbn advise. They have not helped us in anyway since 1960.

1 Like

Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by sorepco(m): 2:04pm On Nov 01, 2016
Y private msg wiyh him n y not here?? Shebi u no want make more intelligent peeps expose u??


Nyerhovwo101:
my brother if u never dey chop mmm money u dey miss... Believe me... Expecting payment today.... U can send me message on whatsapp for further info.... 07064969050
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by SirNuell1(m): 2:06pm On Nov 01, 2016
Just because dem nor dey pay una tax...y una nor talk say bet9ja, nairabet na scam Cz una dey collect huge tax frm dem and yet Nigerians dey loose millions everyday...MMM is real n only d wise knws hw it's done...dis life is all abt risk...if u dnt tk d risk u can neva move forward...CBN leave us ooo it's our moni

1 Like

Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by Nobody: 2:06pm On Nov 01, 2016
nony43:
CBN is it your money? Is it your risk? Shebi na my money and risk, Abeg I was once criticizing mmm but now I am regretting not starting early, people b calling mmm a scam while our money grows like grass by the way I am ghing today, Commercials banks are also benefitting from mmm some people exceed their transfer limits of their bank mobile app providing help each transfer cost 100 or 105 .CBN who una help?


First to comment dey sweet ooooo
My cousin Don enter the hall of fame for FTC.
Wait ooo mmm is a moving train PMB should invest our treasures in it trust me Nigeria will be competing with best world economy....

1 Like

Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by FreeSpirited: 2:08pm On Nov 01, 2016
opribo:
Oh no no, it is just too early for another NOSPECTO and co to happen, the money those ones trapped has not yet been recovered and some people have given up the ghost because of what those NOSPE and others did. Now I look at the MMM and their modus operandi, it is the same, is it that we have forgotten so soon or is the people that fell victims of the former scam not still alive to tell the story. MMM what business are they investing in, which bank are they using they using to warehouse their funds. I know serious banks like FirstBank,GTBank, UBA will never allow them to warehouse such funds with them it is only dying institutions like them that are desperate for funds that will go into such until they close them down and peoples money are gone. Scammers all over the place in this recession era.

Truth is CBN should not only warn but move fast to sanction such banks that allow wonder banks to use them to deceive innocent Nigerians. If MMM wants to go into the business of collecting deposits from Nigerians they should obtain banking license from CBN and not hide under a bank to deceive people. BTW I learnt the owners are Russian, people should try and research into this MMM of a thing please. This is not the first time. Why are the operators in Nigeria not coming up in television to defend their scheme why are they using proxies to go and make presentations. They should show their faces so that if anything goes wrong Nigerians can trace them to their villages for their money.
But wait......bros did u just type this? haaaaa. Godddddd!...You are the dumbest poster on this thread..what are you saying......MMM should obtain banking license?.......u are really so dumb. You knw nothing abt MMM .go back to your village and continue ur bush farming

1 Like

Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by sinola(m): 2:12pm On Nov 01, 2016
post=50669188:


http://punchng.com/cbn-warns-patronage-wonder-banks/


Those criticizing MMM will regret for late Registration- Engr Joseph(Member Stock Broker in Nigeria)

I'm Engr. Joseph from Imo state, I was one of the best Stock Brokers in Nigeria before I left as the economy keeps nosediving and in an irretrievable recession.

I don't blame SEC, CBN or anyone who says MMM is a scam and would crash soon because they are just placing a "FOOLISH" label on themselves.As for some of my folks who sit down under a withered mango tree and wishes MMM crashes soon while waiting for participants to cry, once you close your eyes to sleep may you never wake up because you want everyone to be at the same poverty level with you.
''Fear has made a lot of people so comfortable with poverty that they are so eager to see MMM
crash,why? ...because they want everyone to be on the same poverty level!
The Federal Government has never told us the truth about anything, but people chose to believe them about what they said of MMM.....
One said to me with passion " You will lose your money"....I told him " no problem, those who lost
theirs in Société generale bank( as a result of excesses of sarakis so called govt. Senate president), savannah bank, shares, Global recession etc have they died?? Have they stopped putting
their money in banks??"
Nigeria federal government will loot us in anyway possible but when we encounter one financial freedom for ourselves,they will want to feed us with fear by discouraging us via media because to them,Nigerians are so gullible and also very fearful.

I love the MMM ideology! I have given Help and gotten help and am growing financially, just like
thousands of MMM participants in Nigeria.
Some say 30% is not possible, I told them if it was Diamond bank or wema bank etc that said it gives 30%, you will believe and put your money, won't u?

If MMM was paying tax to the Federal government, do you think that they will be against it? Why haven't our Federal Government sponsored the media spoke evil against Casino, NairaBet, Bet9ja, Pool and other Gambling agencies??
They won't because they pay taxes and some it's officials has shares with them,so they have to protect their selfish interest.

"I strongly believe that those who are been deceived by federal Government and other campaign calumny against MMM will soon regret on their late registration."

In a match, there must be players and spectators,i choose to be a player because only players get paid, spectators only watch and run their mouths as well as spend money buying tickets.

MMM Rocks!! register today and have a mavrodian experience.

3 Likes

Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by mommyice: 2:13pm On Nov 01, 2016
fiizznation:
Lately I Have been hearing about this MMM, but to be honest, I have no idea about what the thing stands for. Is it a betting game or what? I'm kind of curious though

IT IS A SCAM, A BIG 1 FOR DAT MATTER, U NEED NOT BE TEMPTED - ASK SA & ZIM
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by fran6co(m): 2:14pm On Nov 01, 2016
Sacluxpaint:


They should reject that loan, how can they borrow without economic blueprint?
the thing sef tire me, which way naija
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by sinola(m): 2:14pm On Nov 01, 2016
Emycord:
I said it oh i warned my friend now let me go and rewarn him

Government says "Participate in MMM at your own risk"
-NEWS-
# This is laughable#
In Nigeria, I sleep at my own risk, I wake up at my own risk, I go out at my own risk, I come in at my own risk, I put my MONEY in the bank at my own risk, Even in banks, CARS are parked at OWNERS risk. I do everything at my own risk.
So there's nothing special about doing MMM at my own risk...
Long Live MMM Nigeria...

5 Likes

Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by Codes151(m): 2:17pm On Nov 01, 2016
slimany:
Every mmm participant goes through the following stages
1. U think its a scam
2. U register because of ur friend
3. U are afraid ur money is going to disappear
4. Ectasy !!! u got help
5. U can't shut up u tell ur family and friends
6. You get scared again because of rumour mongers
7. You get desperate for referral bonus
8. You increase ur pledge.
9. When people say mmm is a scam u tell them that u like it, that mmm should keep scamming u.
10. You spend money like your father owns
i am not doing it but we know it could close anytime! As long as it is helping we no mind! Btw, the interest is better than all the interest rates nigeria or cbn can offer
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by sinola(m): 2:19pm On Nov 01, 2016
coollabman:



I can't believe someone will type this rubbish on a public forum! You mean that after being warned about the dangers of something by a government official from a reputable government agency you still ask such stu.pid questions?! Now imagine if NAFDAC warns Nigerians about a particular product and tells them to desist from buying/consuming it, is it wise to ask NAFDAC is it their money? is it their own life at risk? imagine the nonsense! angry angry better heed the warning and stop fooling yourself.
There's no quick and easy way to make money #Word.


bros,na money u no get,shut up

1 Like 1 Share

Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by jozee8: 2:20pm On Nov 01, 2016
PMIcon:

So it is greed to receive a reward for kindness. Don't go to heaven then because you will get more than 100% reward for being kind too.
what kind of kindness is that?
if you truly want to be kind, then u should go to motherless babies home and show some kindness sir!
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by sinola(m): 2:21pm On Nov 01, 2016
coollabman:


Yes! the CBN is a reputable government agency!



you'd be surprised the kind of power at the disposal of the government. they can go as far as making the MMM website inaccessible in Nigeria (since they have no physical address). Something similar was done in China!



Common be real! How and when has the Nigerian government scammed you?! MMM is still in its nascent stage (barely one year) in Nigeria! It will eventually grow so big and will burst like a bubble! dragging all of you hooked up to the system down the drain. That's why a ponzi scheme (that has a pyramid structure embedded in it) is dangerous. A few people make money and it appears to be legitimate for a while. Eventually more unsuspecting people join and it grows to a stage where it collapses. Causing those that join late in the lifespan of the scheme to loose money! that's why its a scam! MMM is a scam!

Government says "Participate in MMM at your own risk"
-NEWS-
# This is laughable#
In Nigeria, I sleep at my own risk, I wake up at my own risk, I go out at my own risk, I come in at my own risk, I put my MONEY in the bank at my own risk, Even in banks, CARS are parked at OWNERS risk. I do everything at my own risk.
So there's nothing special about doing MMM at my own risk...
Long Live MMM Nigeria...


Good evening Mavrodians

1 Like

Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by PMIcon(m): 2:23pm On Nov 01, 2016
jozee8:

what kind of kindness is that?
if you truly want to be kind, then u should go to motherless babies home and show some kindness sir!
So who says because people do mmm they don't give to mother less babies homes
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by PMIcon(m): 2:32pm On Nov 01, 2016
Mayflowa:


And I directed you to Wikipedia for it. Why are you finding it hard to accept any new information on this? I never condemned your MMM. It is substainable in a country of especially poor people for some time though but I am telling you no sane government will allow it to thrive. Do you doubt that? Then watch out before the year runs out.

1. The information you gave is not new. Wikipedia is one of the first places I checked when I heard about Mmm. But do you know that you and I can provide information about MMM on wikipedia? It's not a sacred script. It is also edited from time to time.

2. My question is innocent because I have information to the contrary. I just wanted to verify your source.
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by joooks: 2:33pm On Nov 01, 2016
post=50669188:


http://punchng.com/cbn-warns-patronage-wonder-banks/
Dem no go rest for this matter.

Let Govt, face the criminals looting Nigeria's money in billions of dollars and leave unemployed people alone for God's sake. Haba.
Who government epp?
RME. angry

2 Likes

Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by olumuyiwa2222: 2:37pm On Nov 01, 2016
Quoting you already. Just don't forget to also repost it then.
wailing:
it will crash by January...quote me anywhere grin grin
Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by misscall247: 2:37pm On Nov 01, 2016
Emycord:
I said it oh i warned my friend now let me go and rewarn him
what u don't know is dat d person saying dis,is also in mmm



I can help u join my strong team

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