The MMM Nigeria platform officially announced a restart of the system this morning. This means that all old acquired Mavros will be frozen and none withdrawable. The old Mavros in the system now includes, June, July, August, September and October Mavros. Here is there restart message:
Unfortunately, we were unable to overcome the consequences of the crisis triggered by the authorities and mass media incautious actions at the beginning of this year. Despite all our efforts. The problems have been accumulating and, as a result, we have to announce a restart. So, there is a restart: All old Mavros (acquired before this announcement is posted) are frozen. We will gradually buy them back as the System develops. All transactions with new Mavros (acquired after this announcement is posted) will be carried out on the usual terms with no restrictions. Some amendments have been made to the rules: Mavros will now start growing at the moment the request is confirmed (not at the moment it is created, as it was previously). Consequently, bonuses will start growing at the moment when the main contribution is confirmed (upon which bonuses have been rewarded on). Mavro-50% for the first contribution will not be available. We launch three-month contributions of two types: 40% and 50% (see more details in WHAT IS MMM). We’re confident that this measure (especially paragraphs 1 and 2) will significantly reduce the load on the System while also significantly improving its stability. As a matter of fact, a restart is not the end of the world, it’s just a restart of the System and nothing more. Continue to provide help and you’ll get it all back (even if you’ve lost something now). It all starts from the beginning. It’s the most opportune time for participating. We would also like to remind you (just for form’s sake) that everyone had been fully aware of all the risks and had read the WARNING which they had also confirmed by checking the relevant box in the process of registration. Hoping for your understanding, MMM Administration
Nigerians have had enough of the lies sold out by MMM Nigeria especially since MMM crashed for the third time. Many through this platform have become an instrument of lies and deceptions, telling people they will come out of poverty when they are taking their money away, even though they give them immediate gratification. This is another reason why scams like MMM must be rigorously fought against.
All MMM has done in the past one year is to confuse the minds of the unsuspecting public by likening their activities to crowd funding. For anyone who knows what crowd funding is, it is clear that this is just a way to make their fraud look legitimate. Crowd funding is actually legitimate and a different way of individual support, which is through donation, without any expected returns or percentages. But in the case of MMM Nigeria, it is what it is: a scam. It is an intentional misinformation to gain people’s trust.
So these people are using the ignorance of the Nigerian populace to sell their fraudulent activities and fund their pockets. Those who don’t have that information are unsuspecting, only believing what they are told. That is what makes this very dangerous. How did Nigerians allow MMM ever climb back into the public after all the scandals surrounding it, and people are still singing praises for the program. There is no way around it no matter how much you argue. People are sucked into this program with the hope of making millions of money only to be left chattered and suicidal.
Nigerians have had enough! MMM Nigeria is a nightmare that must be stopped.