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MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash - Investment (7) - Nairaland

Nairaland Forum / Nairaland / General / Investment / MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash (124661 Views)

Breaking News: Mmm Nigeria Crashes Again!!! / BREAKING: MMM Nigeria Begins Payment Of Outstanding Mavro / MMM Nigeria Is Back (change Of Guider Button Is Out) (2) (3) (4)

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Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by Tynasparks(f): 10:44am On Dec 13, 2016
morganist99:
see beauty
winks
Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by crestedguy(m): 10:44am On Dec 13, 2016
harbdulrasaq88:
Tears and wailing on Tuesday as Mavrodians wake up to the gory news of MMM Nigeria, the Ponzi Scheme freezing all money in its system till next year.

This single act, many participants believed may be the end of the Ponzi scheme system which the Central Bank of Nigeria has already cautioned the over 2 million participants to be wary of










When[url] NEWSHELM.COM[/url] contacted the Customer Unit of the Scheme.... no one seems available to answer queries and several requests on the decision and suspension of withdrawals from the system til January, 2017.

Here are some reactions from the MMM community and what hope lies for them in the Ponzi system this festive season:

http://www.newshelm.com/2016/12/mmm-nigeria-i-am-doomed-i-need-my-money.html

cc lalasticlala


People will die this period no be small,how can nigerias be so naive, a scheme dat don't have investment,no factory,they don't produce anything,i knew this all along that it was a scam,thank God I was smart enuff not to invest my money in it,over 3 millions nigerias have been scam,i know of a family that put over 5m in that scam,now come and see fight oooo,husband accusing the wife early hours of this money that u mislead me,i personally went to the site to chat up the consultant, oh boi eh, no reply oooo,eni ti o wa ifa o wa ofo

3 Likes

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by ifyeez: 10:45am On Dec 13, 2016
[b] You guys that have not see this should read:

*HERE'S A LOGICAL EXPLANATION FOR THE ONE MONTH FREEZING OF CONFIRMED MAVROS*

It is Christmas and New year period, everyone wants to *GET HELP* to carter for their *FESTIVE NEEDS* but *not many people are willing to provide help.* If this is allowed to continue, the projections are, *the system MIGHT crash* because get help request will not be paired on time because *no one wants to provide help*, which will create unnecessary panic among participants. This was why a 20% festive bonus was offered to push people to PH which they did. Now, there's enough money in the system to start paying as soon as the festive period is over and everything is back to normal.
.
I think there's nothing wrong. The freezing of mavros is precautionary and I believe more and more people will start providing help once they see that get help requests are been paired and on time in the new year. MMM will come back better and stronger. And I urge us all to be positive and to exercise patience.
*LONG LIVE MMM*

Very explanatory and convincing.... Your money will grow and u will collect it
[/b]

10 Likes

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by alpontif(m): 10:45am On Dec 13, 2016
Hello All,

Ponzi shmens like this are bound to crash. Smart people put in their money early and pull out very quickly. You dont invest and reinvest. Analysts at sogundogoji. have predicted that this will crash at this time of the year. The Crash will be because there will be a drop in New participants in the scheme, and existing participants will seek to cash out fast. This imbalance will cause the eventual crash of the system in January.

Find out more about this on www.sogundogoji.

Regards.

2 Likes

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by solpat(m): 10:45am On Dec 13, 2016
Lol. Its about to go down gringrin

3 Likes

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by Kingbuhari(m): 10:45am On Dec 13, 2016
Gbagam I'm a cat with many life's.. just received my 450k 4days ago... how luckier I am... can't even open my MMM Acc.. meanwhile

3 Likes

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by jeffizzi(m): 10:48am On Dec 13, 2016
No panic peeps..its just a way to stabilize the system.. Nice move mmm..if this isn't done this will be the case GH > PH

This thing is in our hands, the way we handle it matters, MMM is just a platform to regulate us, Remember! We all have been beneficiaries at one point or the other
We should not be like a bad wife that contemplate divorce when things go wrong

South Africa was here, they got over it
We are here, we can get over this !

While u guys are panicking, smart guys are making use of the situation!
PH, you won't be linked till 14 Jan
Your Mavro grows like it is maddening
You get the Xmas Bonus
Before u pay the PH of today, u will get the one you are waiting for

PH TODAY!!!!

1 Like

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by DayDreamer05(m): 10:48am On Dec 13, 2016
MakCoby:
one Mil? My friend invested 2m..she has been crying uncontrollably
Tell her 2 calm down. My invested 30k dey do me somehow 4 my body. We just have 2 wait till nxt year. Long Live MMM #FvckHaters

3 Likes

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by Joyekpen: 10:48am On Dec 13, 2016
MMM is on Mannequin challenge till next year. Hope it's not permanent oooo, high blood pressure go Finish many Naija people ooo. grin

3 Likes

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by tosyne2much(m): 10:48am On Dec 13, 2016
adewumiopeyemi:
mehn ...... am dead... tosyne2much come and see nooo no i dont believe.. my 100k dey dere.. am i dreaming make someone wake me up abeg
You mean say you never cash our that your 130k?
Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by miqos02(m): 10:48am On Dec 13, 2016
gbese
Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by chigoziri2403(m): 10:49am On Dec 13, 2016
ufotty2001:
We all woke up this morning to receive the news of “1 month freezing of all confirmed marvos”. This is quite unfortunate but a neccesary measure. However, this piece is my due research and opinion.
 What does “freezing of unconfirmed marvos” mean?
It means you won’t be allowed to GH for the period stipulated. However we can still PH.
 What is the implication of this?
It means that when we PH at this time we wont be merged because there will be no one Ghing. However, your will be credited with the resultant marvos of your PH. That is why you can see how much marvo you have but can’t GH it now.
 Why the freezing?
The freezing is necessary for the sustainabilty of the system. In the previous meetings Mr Andrew say SUSTAINABILTY AND STABILITY of the system is the focus in 2017. So to achieve these goals, it is pertinent that the system is protected.
It is a known fact that most participants PHed targeting the festive period to GH. Even me too did same, infact I PHed purposely to prepare for my wife’s delivery and the naming but in the face of this situation am still stead fast.
If we all GH heavily this festive season, we wont meet an MMM that is paying us in 2017 because there will be more GH than PH as participants wont PH more this time (therefore pause mode will be activated).
Also, the issues of fake POP, delay in response from CRO and moratoruim issue need time to be properly tackled. As all guiders know Mr Andrew said programmers are working to make these issues handled in 24hrs, which is good.
VARIOUS OPINIONS ….
1. Some people are of the opinion that we should have been informed but I say NO….
If we were informed the system will crash immediately because no matter how much Admin explains people will rush to GH and then stop PHing. This scenerio will crash MMM this Dec.

2. Some people say Guiders should have been the ones alone to be frozen. While this is a very good idea, I still wont agree…. The ratio of guiders to participant is 1:100. The number of guiders is less to the whole community. 1 guider manages a minimum of 10 people. The PH of these 10 people in most cases is more than what the guider will PH. In time of GH the system will pay the 10 DLs more than the guider.
Eg. To pay the guider the system will give him 30% of his marvos + 100% (referral bonus) = 130%
But if the system is to pay the DLs it will be 30% x 10 =300% Now which is bigger.
However, this might not be a perfect scenerio but it will give us an insight into the issue at hand.
Also, there is no way particpants should be frozen and then leave the guiders. No way!
3. Some people are of the opinion that it should have been next week….. I wont say I understand how you feel but this option is risky. If you look at the time frame of the freezing it about 2 weeks to the end of the year and 2 weeks to the beginnig of next week. They are deliberately avoiding the rush hour GHing for the festive season and rush hour GHing from lack of money in January. So the time farme is to play safe.

4. Some people say now it is true MMM has gone on Holiday Pause Mode…..This is not true. The rumour earlier about pause mode was talking about 24-26th December because of bank holidays. This is not an Holiday Pause Mode. So please lets stop that school of thought.


5. Some people are of the opinion that with this new measure a lot of people will not PH again…..Maybe and Maybe not. Have we ever thought why the additional 20% was given as bonus? It means whoever believe in this community even in this time will get 50% growth to His/Her PH. This also tells us that this plan has been there before now, it was not taken impromtu, it was carefully planned.
So I PH 1 million now by Jan 14 2017, I will GH 1.5million. That’s the plan.

WHAT ARE OUR RESPONSIBILTIES AT THIS TIME
 Our most important responsibility is to avoid fear and kill panic. The more we fear the more the panic will rise.
 Now is the time when our knowledge of MMM will be needed both guiders and participants alike.
 Now is the time when negative publications should not move us no matter who is saying what or who is writing what.
 Now is the time for guiders most especially to enlighten their DLs and attend to their fears at all times.
FINAL WORDS
We need to know that the media can’t break us if we have one voice. As a trained journalist that I am, we were taught that “bad news is good news” so I am to certain that bloggers will feed on this quickly and with vigor. But we also need to stand with courage, reseilence and believe that financial freedom is our end goal.
Also, I am not in anybody’s shoe to know how this will affect any one but I will only advocate that we be patient and see the end goal and not the now.
MMM all the way
you are allowed to provide help, but you can't get help, now tell me, all these money provided, where is it going to?
they are saying they want to avoid mass withdrawal this Xmas, is it by January, there won't be mass withdrawal, there is a deficit in the system and they are trying to balance it, by giving all these flimsy excuse, the owners are trying to balance their books, they are checking their profits

2 Likes

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by tosyne2much(m): 10:49am On Dec 13, 2016
Twaci:
Ten ways to get help without facing mmm cheesy

I swear you go get views!
I dey come Tracy cheesy
Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by Nobody: 10:49am On Dec 13, 2016
.

3 Likes

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by CarrotAndStick: 10:50am On Dec 13, 2016
They have reopened MMM and the extension message is gone. Now you can PH but can't GH till January. grin grin grin

5 Likes

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by philipobiz: 10:50am On Dec 13, 2016
Emitexjnr:
What these mmm participant fails to understand

1) The principal sum which mmm members deposited are not invested in any business that yields profit in other to get the said 30%.
2) This scheme is rob Peter and pay Peter. That is collect money from others say 3 to 5 persons use it to pay one person.
3) There is what programmers called BACKEND in web design that is ADMIN. This guy controls everythings that you see in the frontend so matching of participant of mmm is being control by someone meaning mmm is a scam ponzi. tongue tongue tongue tongue our people lack knowledge tongue tongue tongue tongue

My guy you nailed the point. They have been using no central account to decieve them.

Example
Am MMM admin. I have multiple bank account.
Several participants register and enter into their backoffice and activate PH with n200,000
As an Admin I will scroll to see them, through my input screen I will send them my account details(GH) and they will pay into my account.
I can keep doing this randomly.
Finally, before crashing the system I will intensify request even for bigger amount.
Then crash the system.
When the additional bonus was introduced, it was a big sign that it was coming to an end.

7 Likes 1 Share

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by jomarick(m): 10:50am On Dec 13, 2016
You guys should relax, there is nothing wrong with the system. Even ultimate cycler is back.

1 Like

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by Nobody: 10:50am On Dec 13, 2016
ifyeez:
[b] You guys that have not see this should read:

*HERE'S A LOGICAL EXPLANATION FOR THE ONE MONTH FREEZING OF CONFIRMED MAVROS*

It is Christmas and New year period, everyone wants to *GET HELP* to carter for their *FESTIVE NEEDS* but *not many people are willing to provide help.* If this is allowed to continue, the projections are, *the system MIGHT crash* because get help request will not be paired on time because *no one wants to provide help*, which will create unnecessary panic among participants. This was why a 20% festive bonus was offered to push people to PH which they did. Now, there's enough money in the system to start paying as soon as the festive period is over and everything is back to normal.
.
I think there's nothing wrong. The freezing of mavros is precautionary and I believe more and more people will start providing help once they see that get help requests are been paired and on time in the new year. MMM will come back better and stronger. And I urge us all to be positive and to exercise patience.
*LONG LIVE MMM*

Very explanatory and convincing.... Your money will grow and u will collect it
[/b]


I hope you won't complain when your bank wakes up and decides that you and your fellow depositors cannot withdraw money from the bank for the next 30 days because of ''heavy business over yuletide''.

MMM has gone down. The final announcement comes next month.

4 Likes 1 Share

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by Evanyi: 10:51am On Dec 13, 2016
you guys should shut up and drive. nothing is wrong in regards MMM they took the right measures in this Xmas season. because pairing and payment wil be very difficult and will lead many persons account blocked. most MMM members rite now some are in camp, will travel to villages bank will soon go down. all this will not allow most persons that want to provide or need help do. which will automatically lead to there account being blocked .

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by guywitzerogal(m): 10:51am On Dec 13, 2016
MyVision2020:


story for the gods! who will then rush go pay u after this (if not d end) The worst step they'v taken!
is jst a precautionary step
Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by olanshile2016(m): 10:51am On Dec 13, 2016
tosyne2much:
Hope say you sef no follow join?

Haha,the lord restrained me from joining despite all their adverts everywhere
But TBH I wanna give it a try last week o grin
Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by wezzyjasified(m): 10:52am On Dec 13, 2016
harbdulrasaq88:
Tears and wailing on Tuesday as Mavrodians wake up to the gory news of MMM Nigeria, the Ponzi Scheme freezing all money in its system till next year.

This single act, many participants believed may be the end of the Ponzi scheme system which the Central Bank of Nigeria has already cautioned the over 2 million participants to be wary of.

When[url] NEWSHELM.COM[/url] contacted the Customer Unit of the Scheme.... no one seems available to answer queries and several requests on the decision and suspension of withdrawals from the system til January, 2017.

Here are some reactions from the MMM community and what hope lies for them in the Ponzi system this festive season:

http://www.newshelm.com/2016/12/mmm-nigeria-i-am-doomed-i-need-my-money.html

cc lalasticlala

guy, mmm no crash..pls dont put fear in ppl
all confirmed order were frozen because ppl are getting help more than providing help..because of the festive season which can affect the system..also mmm is giving holiday bonus. in other for ppl to provide help more than getting help,by so blocking getting help..an evidence of it not crashing is cos u can still provide
Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by JegaQuin: 10:53am On Dec 13, 2016
We no tell una? I can't pity any victim!!!

Leak ya wounds...ok! grin

3 Likes

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by adewumiopeyemi(m): 10:53am On Dec 13, 2016
baba na this thursday i supose cash out oooo on the 15 oooo
tosyne2much:
You mean say you never cash our that your 130k?
Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by esu14(m): 10:53am On Dec 13, 2016
No nid to panic my fellow mmm participants.mmm is more reliable nd trustworthy than nigeria govt.lets wait til jan 12.though i received my payment today remaining one

1 Like

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by bayocanny: 10:53am On Dec 13, 2016
baracutie:
Mmm as it's name implies(mogbe.moku modaran) If dt thing crash ehn..yaba left asylum go full o.
Haaaaaaaaaa!!!!! embarassed
Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by chigoziri2403(m): 10:53am On Dec 13, 2016
dominique:


That was what they did in the beginning, they used spare cash. When they started getting paid, they got greedy and wanted more. Some people sold off property, some borrowed huge sums, some cleared all their savings. I hope some people don't die of heart attack
according to them you can provide help, but you can't get help, then all these people providing help, who is getting it?
they want to avoid December rush, that thing you are avoiding in December, you will meet it double in January, when and if the scheme continues

3 Likes

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by Bojc7: 10:54am On Dec 13, 2016
seunakin231:
grin grin grin grin, MMM/666 lolzzz
how? @ d bolded. kindly shed more light.
thanks
Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by peterovanski(m): 10:54am On Dec 13, 2016
God protect my #5000 and bring it back to me in one (1) piece
Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by dckng16(m): 10:56am On Dec 13, 2016
Praktikals:
Full meaning of MMM:
Mogbe Moku Modaran!
funny... grin

1 Like

Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by uckennety(m): 10:56am On Dec 13, 2016
MakCoby:
Are you serious?


Yes oooooooo
Re: MMM Nigeria: 'I Am Doomed; I Need My Money Back...' Tears, Wailings Trail 'crash by sheubaba2013: 10:57am On Dec 13, 2016
This news can cause heart attack/ heart break to some mmm users. No do mmm them no go hear. Islam is againt it

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