Why MMM Is Not Your Best Shot

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MMM is a Ponzi scheme however the owners will tell you that it is a social financial network where you can participate in giving money freely to help other people. They claim that they are not a business, bank or an MLM company, but they are far worse than that.
Here is how it works: When you join this program and you decide to deposit and give help, after which your account will be rewarded with mavro (internal “currency”/scores of the System). Mavros will start growing from the moment of offering the contribution at the rate of 30% per month. (Calculation of reward occurs twice a week, on Tuesdays and Thursdays at 00:00 GMT.) This sum in Mavro shows how much you can request for yourself. Mavro is the currency at which this whole system functions and once you have the desired amount of Mavro, you can request your money. This is how this whole model works. The more money you deposit to “help” people, the more money you will make.
The owner is Sergey Mavrodi who is a criminal that comes from Russia and was found guilty for scamming 10 000 investors for $4.3 million. The most disturbing part about it all is that MMM is supported by a massive group of Nigerians, so many people are saying good things about it even after losing some money during the December pause. These scheme targets majority of people who are really struggling to survive. If you are still involved in this scheme, you need to be careful because it may come crashing down again. These schemes never last long because sooner or later it will be shut down by the government or it will become bankrupt and if you are making money from them at this moment, then good for you.
I know that it can be hard to resist the temptation when facing a scheme such as MMM. Getting a 30% growth each month is equal to 360% growth in a year’s time. That is more than 3 times the initial amount of money you invested. There is no bank in Nigeria that can compare to this but be careful and don’t put in all your money. Yes they have started paying again, but for how long ? One day it may come tumbling like a pack of cards.

NNNNigeria Copying MMM including its Failure

NNNNigeria Copying MMM including its Failure