Bad News! MMM May Not Survive This Week...See Details

There are indications that the popular ponzi scheme, Mavrodi Mondial Moneybox might crash this coming week.

*Photo used for illustrative purpose*

The crash of the popular ponzi scheme, Mavrodi Mondial Moneybox, MMM, may be nearer than expected as more intending help providers (Provide Help) continue to renege on their promises to pay help seekers (Get Help), reports Daily Sun.

Explaining further, the report stated that operators of the scheme had announced that the scheme would attend to small investors first while subscribers with bigger financial commitments would have to wait a bit longer.

This was, however, not to be as the applications of those who signified interest in getting help (GH) were cancelled while intending help providers (PH) were put on hold. Promoters of the scheme had attributed the delay to upgrade of the system.

However, when some help seekers (GH) were eventually matched with intending help providers (PH) on Friday, findings by Sunday Sun showed that a good number of intending help providers reneged on their promises to pay.

Some mavrodians, who spoke to our correspondent, blamed the failure of help providers to fulfill their promises on the growing uncertainties surrounding the scheme.

A subscriber, who simply identified himself as Michael, said he refused to pay the help seeker he was matched with because he no longer believed in the scheme. “I was paired to PH but I declined because I am not sure if I will ever get my money back. Some people I know to have been paired have also declined to pay. The way things are unfolding, the scheme cannot survive this week,” he said.

Narrating her inability to get help despite having been paired, a subscriber who gave her name as Rolake, said: “I was paired to get help but none of my PHs has responded.

When I called to remind them yesterday, two of them promised that they would pay me but when I called them this morning neither of them picked my calls,” she said.

But while many help providers continue to ditch the scheme, Sunday Sun gathered that there are few others who are still willing to give help.

Subscribers, who belong to this category, it was gathered, are largely those who have their money trapped in the system and who have also signified interest to give help.

One of them who claimed to have N200, 000 trapped in the scheme said he was compelled to pay somebody yesterday because of fear of losing his money.

“I paid somebody yesterday because I don’t want my account blocked. I have N200, 000 in my account before it was suspended last year and since I had also indicated intention to provide help.

If I didn’t provide the help, my account would be blocked and that simply means I would lose all my money,” the subscriber who gave his name as Ebuka said, adding that, “it is easy to back out only if you don’t have money in your account.”

Reliance Training and Management Consulting, a dynamic, fast growing indigenous entity, was established and duly registered with the aim to nurture, develop and innovate people and organisations through customized training, development and management consulting services, with excellent performance, deep sense of commitment, transparency, honesty and responsibility, to demonstrate the highest standard of technical and operational expertise.

Reliance is competently positioned to provide technical knowledge and skills relevant to practical management and business problems, to stimulate the creativity and innovation necessary to build a better community, a better nation and a better world with a committed mind set to contributing our best to the maximization of personal potentials and skills toward optimizing productivity and achieving organisational goals.

for more information click RELIANCE TRAINING AND MANAGEMENT CONSULTING

No need to visit Tonygists just use the android application click for more info Tonygists android application

Visit some of the website built by tonygists

1. south south penpushers : south south pen pushers
2. kingdom builders : Kingdom builders

Tonygists bro: honest zone

Are You On youtube? subscribe to Hot GIST Channel Latest Updates - @Hot Gist

Are You On youtube? subscribe to Gospel World (which is also owned by Tony Gists) youtube Channel Latest Updates - @Gospel world

Are you on audio mack? Follow Tonygists on audio mack to listen and download to the latest Mfm sermons Latest Updates - @Tonygists

Follow Tonygists on LinkedIn to get more jobs opportunities Latest Updates - @Tonygists

Are You On youtube? subscribe to Honest Ose Channel Latest Updates - @Honest Ose

Are You On youtube? subscribe to Honest Web Solutions Channel Latest Updates - @Honest Web Solutions

Are You On youtube? subscribe to Xtremely Honest Channel Latest Updates - @Xtremely Honest

Are You On Twitter? Follow Us Now For Latest Updates - @tonygists

Are You On FACEBOOK? Like Our Page For Latest Updates - tonygists

Are You On FACEBOOK? Join Our Group For Latest Updates And Interactions - TonyGists

© 2024 Tonygists | Portions are © 2024 Associated Press. All rights reserved. This material may be published, broadcast, rewritten, or distributed.