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MMM Crash: Over 3million Nigerians Lose Over N18.765billion - Investment (5) - Nairaland

Nairaland Forum / Nairaland / General / Investment / MMM Crash: Over 3million Nigerians Lose Over N18.765billion (42395 Views)

"How Ponzi Scheme Nearly Ruined My Life And Made Me Lose Over N2million" / MMM Top Guider Chuddy Ugorji Finally Reacts To Alleged MMM Crash / EFCC Responds To User Who Called Them Out Over MMM Crash (2) (3) (4)

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Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by Xyzaid(m): 8:25am On Dec 15, 2016
TO ALL THOSE SHOUTING THAT EVERYBODY WILL GET HELP AT THE SAME TIME IN JANUARY AND THUS THE SYSTEM WILL CRASH. YOU ARE WRONG

This is what will happen in January, the system will regard the 30 days frozen period as non existing, by January the system will returns to the status quo before frozen period. I.e only those who were eligible to get on 12/12/2016(frozen date) will get help on 12/01/2017, only those who are eligible to get help on 15/12/2016 will get help on 15/01/2017 and so on like that. its a very simple logic which can be easily understood with common sense. SO WHERE WILL THE MASSIVE WITHDRAWAL COMES IN BY JANUARY?

3 Likes

Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by Xyzaid(m): 8:28am On Dec 15, 2016
onatisi:

This is exactly what I have been telling ppl,this is the main reason why the whole thing will crash. Pp will want to cash out from the system and new potential entrants now will be observing things and they will be wary of going in.

TO ALL THOSE SHOUTING THAT EVERYBODY WILL GET HELP AT THE SAME TIME IN JANUARY AND THUS THE SYSTEM WILL CRASH. YOU ARE WRONG
This is what will happen in January, the system will regard the 30 days frozen period as non existing, by January the system will returns to the status quo before frozen period. I.e only those who were eligible to get on 12/12/2016(frozen date) will get help on 12/01/2017, only those who are eligible to get help on 15/12/2016 will get help on 15/01/2017 and so on like that. its a very simple logic which can be easily understood with common sense. SO WHERE WILL THE MASSIVE WITHDRAWAL COMES IN BY JANUARY?
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by haibe(m): 8:28am On Dec 15, 2016
berrystunn:


60% still believe in MMM, they can carry on.. As long as they put in money, the recirculation will move on
if everyone withdraw in January. How can MMM survive? Wtf!! You think some people will invest in jan?

1 Like

Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by LaClicKLaBenDin(m): 8:29am On Dec 15, 2016
Fabulocity:
@Bolded. Done!

Thank you.
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by Xyzaid(m): 8:29am On Dec 15, 2016
haibe:


By January will you let your money remain in the scheme ? I guess not, every other person will also withdraw come January and thats the end of MMM, just like any other ponzi scheme.

From what i have learnt, many people dont understand how ponzi schemes work. This is evident as many people still believe MMM has not effectively crashed by now.

TO ALL THOSE SHOUTING THAT EVERYBODY WILL GET HELP AT THE SAME TIME IN JANUARY AND THUS THE SYSTEM WILL CRASH. YOU ARE WRONG
This is what will happen in January, the system will regard the 30 days frozen period as non existing, by January the system will returns to the status quo before frozen period. I.e only those who were eligible to get on 12/12/2016(frozen date) will get help on 12/01/2017, only those who are eligible to get help on 15/12/2016 will get help on 15/01/2017 and so on like that. its a very simple logic which can be easily understood with common sense. SO WHERE WILL THE MASSIVE WITHDRAWAL COMES IN BY JANUARY?
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by wexyee: 8:29am On Dec 15, 2016
Godswillnwaoma:
I dont participate in MMM, but the way the media is spreading the news about its crash is uncalled for. What will they gain if MMM finally crash? But i dot think it wil crash, so i urged those that involved in the scheme to exercise more patients till january next year.

u llied by saying u re not a participant so i wont take the rest of ur writeup serious

1 Like

Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by onatisi(m): 8:30am On Dec 15, 2016
Xyzaid:


TO ALL THOSE SHOUTING THAT EVERYBODY WILL GET HELP AT THE SAME TIME IN JANUARY AND THUS THE SYSTEM WILL CRASH. YOU ARE WRONG
This is what will happen in January, the system will regard the 30 days frozen period as non existing, by January the system will returns to the status quo before frozen period. I.e only those who were eligible to get on 12/12/2016(frozen date) will get help on 12/01/2017, only those who are eligible to get help on 15/12/2016 will get help on 15/01/2017 and so on like that. its a very simple logic which can be easily understood with common sense. SO WHERE WILL THE MASSIVE WITHDRAWAL COMES IN BY JANUARY?
Ok then .lets wait and see
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by Blessograo(f): 8:30am On Dec 15, 2016
berrystunn:


Go and sleep.. B4 you go Name one risk free business?


Those that where not into MMM where Jealous.

Community helping each other. .

Bad bele people... Want everyone to stay poor...

System government should stylishly create for participants making 10 to 15% profit.. Since they can not provide the 5k they promise.



All businesses have their own rust but not when you as a customer is doing business because you see free extra money, don't think it's jealous cos such thinking is trash and childish bro. Or did my jealousy cause their misfortune? Just say you were affected and stop transferring your aggression on me.
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by Xyzaid(m): 8:30am On Dec 15, 2016
haibe:
if everyone withdraw in January. How can MMM survive? Wtf!! You think some people will invest in jan?

TO ALL THOSE SHOUTING THAT EVERYBODY WILL GET HELP AT THE SAME TIME IN JANUARY AND THUS THE SYSTEM WILL CRASH. YOU ARE WRONG
This is what will happen in January, the system will regard the 30 days frozen period as non existing, by January the system will returns to the status quo before frozen period. I.e only those who were eligible to get on 12/12/2016(frozen date) will get help on 12/01/2017, only those who are eligible to get help on 15/12/2016 will get help on 15/01/2017 and so on like that. its a very simple logic which can be easily understood with common sense. SO WHERE WILL THE MASSIVE WITHDRAWAL COMES IN BY JANUARY?
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by berrystunn(m): 8:32am On Dec 15, 2016
haibe:
if everyone withdraw in January. How can MMM survive? Wtf!! You think some people will invest in jan?

Are you into Mmm?

If you are not into Mmm, You will not understand.
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by wexyee: 8:32am On Dec 15, 2016
diportivo:
Fake news

E neva crash,remain small

Guys can still PH but not GH na.....and I think dats cool...or not

Who cares
lol y re u guys this dump..... So if u ph nd cant gh wat dat implies ...... Abegs get sense.... It means the guiders re getting help......
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by alizma: 8:34am On Dec 15, 2016
Fabulocity:
grin
see them on this thread still hanging desperately onto little strings of hope. Don't let anyone kid you,it has crashed. This frozen talk is nothing but damage control.Y'all should take heart and be strong and please stay away from ropes.

stage1: Denial.√

This is what you get when you engage in ponzi schemes.
they are just too dumb. they are told not to withdraw but to keep paying and they don't ask who is going to receive that money they are to pay since there is no central account and money was expected to move from one member account to another member.
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by SweetJoystick(m): 8:35am On Dec 15, 2016
Fabulocity:
grin
see them on this thread still hanging desperately onto little strings of hope. Don't let anyone kid you,it has crashed. This frozen talk is nothing but damage control.Y'all should take heart and be strong and please stay away from ropes.

stage1: Denial.√

This is what you get when you engage in ponzi schemes.
I don't know why people fail to see it, even if they come back January, it will certainly crash in less than a week or 2 because the fear has been instilled already. They will be mass exodus

1 Like

Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by berrystunn(m): 8:40am On Dec 15, 2016
Blessograo:

All businesses have their own rust but not when you as a customer is doing business because you see free extra money, don't think it's jealous cos such thinking is trash and childish bro. Or did my jealousy cause their misfortune? Just say you were affected and stop transferring your aggression on me.

You sound so childish to me.. You talking about something you dont know how its works

Business is all about profit and advantages.
And also risk. invest in something you are comfortable with.

I started Mmm in January 21th with 300k, I made over 2,6m profit

I was waiting for 600k when the news came..
Checking my investment.. I think I did not lost on that.

Next business please...
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by Xyzaid(m): 8:41am On Dec 15, 2016
alizma:

they are just too dumb. they are told not to withdraw but to keep paying and they don't ask who is going to receive that money they are to pay since there is no central account and money was expected to move from one member account to another member.

your mumu na first class, if you know how MMM works, you will know that you don't pay out immediately you PH, you have to be matched with someone before you pay, if you PH now, you are not paying till they defroze the system by January and match you with someone that you will pay to
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by sunnyt1(m): 8:41am On Dec 15, 2016
It is sufficiently clear that this op knows absolutely nothing abt mmm and i must admit i am nt aware of a worse liar, even the devil is scared of ur lies

the figures quoted are statistically and logically insane, how could he quote brain-feather figures frm the pit of hell at this crucial time, hw did he arrive at such figure wen all mmm participants cant ph at the same time, he deserves a court trial

one of the dumbest thing he said was that the founder has left wit wat is left, pls stop lying that u took ur time to learn abt mmm, if u did, u wud hv known participants dont give a dime to the founder.

if wat u said is true wat it means is that the money is in the hands of other nigerians who had gh jst bf 7th dec.

the summary of wat happened is instead of the normal 14 days freezing all mavros will be frozen for 30 days in dec
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by Xyzaid(m): 8:42am On Dec 15, 2016
SweetJoystick:

I don't know why people fail to see it, even if they come back January, it will certainly crash in less than a week or 2 because the fear has been instilled already. They will be mass exodus

TO ALL THOSE SHOUTING THAT EVERYBODY WILL GET HELP AT THE SAME TIME IN JANUARY AND THUS THE SYSTEM WILL CRASH. YOU ARE WRONG
This is what will happen in January, the system will regard the 30 days frozen period as non existing, by January the system will returns to the status quo before frozen period. I.e only those who were eligible to get on 12/12/2016(frozen date) will get help on 12/01/2017, only those who are eligible to get help on 15/12/2016 will get help on 15/01/2017 and so on like that. its a very simple logic which can be easily understood with common sense. SO WHERE WILL THE MASSIVE WITHDRAWAL COMES IN BY JANUARY?
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by berrystunn(m): 8:43am On Dec 15, 2016
SweetJoystick:

I don't know why people fail to see it, even if they come back January, it will certainly crash in less than a week or 2 because the fear has been instilled already. They will be mass exodus

Join the community and know if they have fear.

60% still believe in it..
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by ZoneBslayer(m): 8:45am On Dec 15, 2016
well, going by my understanding of the scheme, it means that 3 million Nigerians 'lost' their money to another million Nigerians...distribution of money, isn't that the aim of the scheme? Now since there is NO central account, the only way for the originators of this scheme to siphon the money of participants is by creating proxy nigerian bank accounts, and then directing the participants to pay in money into those accounts..and when those monies have been paid in, they transfer the money to a safer untraceable account(s)....I gave the scheme a try, paid and got paid once, and I stopped... because the stress wasn't worth it for me AND my intuition told me it couldn't last for long..
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by ernieboy(m): 8:46am On Dec 15, 2016
diportivo:
Fake news
E neva crash,remain small
Guys can still PH but not GH na.....and I think dats cool...or not
Who cares
but who are the people receiving the pH since all macro have been frozen?
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by Pylony(m): 8:46am On Dec 15, 2016
Godswillnwaoma:
I dont participate in MMM, but the way the media is spreading the news about its crash is uncalled for. What will they gain if MMM finally crash? But i dot think it wil crash, so i urged those that involved in the scheme to exercise more patients till january next year.

They don't have to gain any thing, cos it will definately crash if not now as it is, some day. Do your home work, no single Ponzi scheme in the world last long, it always ends with some one crying foul at the end.
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by BrainnewsNg(f): 8:49am On Dec 15, 2016
ochuski:
Shey... Hospital don already full with high B.P cases

Oh no

My prayers for them...

God will help stubborn Nigerians grin grin grin
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by Blessograo(f): 8:49am On Dec 15, 2016
berrystunn:


You sound so childish to me.. You talking about something you dont know how its works

Business is all about profit and advantages.
And also risk. invest in something you are comfortable with.

I started Mmm in January 21th with 300k, I made over 2,6m profit

I was waiting for 600k when the news came..
Checking my investment.. I think I did not lost on that.

Next business please...

No wonder it's paining you. Sorry o grin grin
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by OLANIYI1985: 8:52am On Dec 15, 2016
They said this same freezing of account happened in south Africa MMM. It is said that the unfreezing occured after a month. But after the unfreezing mmm participant should know this pyramid scheme will crash one day and know that they are taking a risk. It said use your spare money and people are trying to get rich quick lol.
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by Corrinthians(m): 8:53am On Dec 15, 2016
Nothing demonstrates the media's desperation to see mmm's fall than the lines below:

An Abuja-based lawyer dipped his hands into some client funds in the chambers to invest N1million just 24 hours before the crash of the scheme.
If someone collected that amount to invest in the scheme just 24hrs befor the freeze, how exactly would such a prospective participant loss their money Isnt it when you give help that money leaves your custody?? People get tagged with others to give help nothing less than ONE WEEK after they offer to help and here is a reporter making it appear as though someone did in 24 hours!!!

This is really appalling! The media inflamming the situation doesnt even have any idea how the system works! They are just desperate to sell papers and make money, and they understand bad news sells faster than anything else.
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by berrystunn(m): 8:53am On Dec 15, 2016
Blessograo:

No wonder it's paining you. Sorry o grin grin

How old are you?

Not far from what am thinking tho
Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by solace89(m): 8:56am On Dec 15, 2016
To all of us giving ourselves false hopes, it clearly hasn't dawn on some that our money is gone for good...the picture is clearly on the wall...C'mon, read between the lines....or u just go on n console yourselves like I've been doing listening to #skyfall by #adele..... I think the lyrics will help you get thru d denial and depression stages of this chaos!

3 Likes

Re: MMM Crash: Over 3million Nigerians Lose Over N18.765billion by fkdmods: 8:56am On Dec 15, 2016
aydot4u:
With just #15000, you make #300,000 in three months.Its fast, it's legit. You don't have to worry about downliners. Follow the link to know more*https:///5sem87NrcRjBiREzsdWTCB


I guarantee you someone will definitely click that link. grin

1 Like

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