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Nairaland Forum / Nairaland / General / Politics / Reps Ask Security Agencies To Arrest ‘MMM’ Promoters (3900 Views)
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Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by DONSMITH123(m): 4:40pm On Nov 09, 2016 |
John Ameh, Abuja The House of Representatives on Wednesday asked the Economic and Financial Crimes Commission and the Central Bank of Nigeria to immediately go after the promoters Mavrodi Mondial Moneybox, otherwise known as ‘MMM’ in Nigeria. Lawmakers strongly opposed the investment scheme, which lately gained popularity among Nigerians in the wake of the current economic recession in the country. MMM promises 30 per cent return on investment for any money put into the scheme within 30 days. The investment scheme has a Russian origin and “involves directing clients to make money available for an anonymous person with a promise of 30 per cent return within one month.” But, members described the scheme as a “scam” and warned Nigerians not to be carried away by the “mouth-watering” returns on investments. Lawmakers warned that the “trick” used by the operators was to attract as many Nigerians as possible to invest substantial amounts of money before the bubble would burst. The House directed the EFCC, security agencies and the CBN to take urgent steps to halt the scheme before many Nigerians would become victims of the scam. It also asked its Committees on Banking/Currency and Financial Crimes to investigate the activities of MMM Nigeria Scheme, “with a view to saving Nigerians participating in the scheme from you financial ruin.” The Chairman, House Committee on Telecommunications, Mr. Saheed Fijabi, had in a motion, drawn the attention of the House to the growing popularity of the scheme among Nigerians. Fijabi, an All Progressives Congress lawmaker from Oyo State, represents Ibadan-South/West Federal Constituency. “The scheme entered the Nigerian circle in 2016, capitalising on the high level of unemployment and poverty to deceive unwary Nigerians into falling prey to their antics”, Fijabi stated. He said the fact that MMM was not regulated by law or approved by the CBN as a secure business venture, made Nigerians more vulnerable. Cc: lalasticlala http://punchng.com/reps-ask-security-agencies-arrest-mmmpromoters/ 3 Likes 5 Shares
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Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by SweetLove0(f): 4:43pm On Nov 09, 2016 |
GBAM |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by Young03(m): 4:45pm On Nov 09, 2016 |
I know many of them here on nairaland 2 Likes |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by OsusuMustFlow(f): 4:45pm On Nov 09, 2016 |
My life savings o |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by OsusuMustFlow(f): 4:46pm On Nov 09, 2016 |
Young03: bros, make i comot my money sharp sharp |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by DONSMITH123(m): 4:47pm On Nov 09, 2016 |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by Young03(m): 4:47pm On Nov 09, 2016 |
OsusuMustFlow:no leave am .e go multiply soon 3 Likes |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by donsteady(m): 4:48pm On Nov 09, 2016 |
I know my people |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by Isiokpukpu(m): 4:48pm On Nov 09, 2016 |
If na play make them stop am oo. They want to stop it because it's changing the life of common man in the street but if it only favour the rich no body will talk about it. 3 Likes |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by stephnie1(f): 4:48pm On Nov 09, 2016 |
what? people will die o |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by stephnie1(f): 4:48pm On Nov 09, 2016 |
Isiokpukpu: one spotted 5 Likes |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by stephnie1(f): 4:48pm On Nov 09, 2016 |
OsusuMustFlow: imagine |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by OsusuMustFlow(f): 4:49pm On Nov 09, 2016 |
Young03: i invested 100k. I have made more than that |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by Mynd44: 4:50pm On Nov 09, 2016 |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by DONSMITH123(m): 4:50pm On Nov 09, 2016 |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by stephnie1(f): 4:52pm On Nov 09, 2016 |
OsusuMustFlow: continue... |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by Young03(m): 4:53pm On Nov 09, 2016 |
OsusuMustFlow: if to say reps know how the can make mmm crash.. they for don do am since 2 Likes |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by OsusuMustFlow(f): 4:56pm On Nov 09, 2016 |
Young03: you mind them. I will keep making my cash. 1 Like |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by Diva122(f): 4:56pm On Nov 09, 2016 |
It can't happen In this Recession My december MMM money.
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Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by OsusuMustFlow(f): 4:57pm On Nov 09, 2016 |
DONSMITH123: bros, nothing dey happen 1 Like |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by morereb10: 4:57pm On Nov 09, 2016 |
gengemmmmm |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by OsusuMustFlow(f): 4:57pm On Nov 09, 2016 |
stephnie1: nobody will die |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by hopeforcharles(m): 4:58pm On Nov 09, 2016 |
God, why are these people this wicked, they want thr poor to remain poor 1 Like |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by DONSMITH123(m): 4:58pm On Nov 09, 2016 |
OsusuMustFlow: ok |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by littlewonders: 5:00pm On Nov 09, 2016 |
Nonsense! |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by Young03(m): 5:00pm On Nov 09, 2016 |
OsusuMustFlow:yes keep making till u loose u no say there must be a lost in business |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by OsusuMustFlow(f): 5:02pm On Nov 09, 2016 |
Young03: what i have made is more than what i invested. Which Bank will give you 30% in naija? |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by Isiokpukpu(m): 5:03pm On Nov 09, 2016 |
stephnie1:Aporoko, e concern you ![]() |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by DONSMITH123(m): 5:04pm On Nov 09, 2016 |
OsusuMustFlow: is that the tactics using to fake you guys? |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by stephnie1(f): 5:05pm On Nov 09, 2016 |
Isiokpukpu: na your money but when he happen no come nairaland come shout |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by stephnie1(f): 5:06pm On Nov 09, 2016 |
OsusuMustFlow: ok o |
Re: Reps Ask Security Agencies To Arrest ‘MMM’ Promoters by stephnie1(f): 5:06pm On Nov 09, 2016 |
OsusuMustFlow: just be patience please. Those guys has history of fraud |
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