1. We are here to re-orient ourselves. Not to get jittery this year. 2. Yes the media has flooded us with wrong names( Mazi Mekus Munachi etc) No it’s real name is Mavrodi Mundial Movement…it is was created by Mavrodi owned by participants and its a global financial aid. A donation exchange program. It is […]
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The operators of Mavrodi Mondial Moneybox (MMM) in Nigeria have denied reports that the reports that the alleged Ponzi scheme has crashed.Rather, operators say the ‘freezing of confirmed Mavros’ was aimed at ensuring the sustainability of the scheme in Nigeria beyond 2016. They said in a message sent to all subscribers that the measure was […]
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Open Letter from Sergey Mavrodi to the Nigerian Authorities Honorable authorities, So far MMM has come under a constant attack from you. In this regard, I would like to ask you a few simple questions. Since you are concerned with the interests of millions of your fellow citizens, I hope that you would be so […]
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There are indications that EFCC may not be able to go after MMM promoters as they see them as people going about their own personal and private business which is not illegal. According to report from a EFCC source, “MMM is not an unlawful business as such we cannot go after the promoters of MMM. […]
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MMM Russia has a dark untold history, it is easy to assume that the darkness was created by the founder(s) of MMM; however a deeper search reveals that there is a grand conspiracy that attempts to eliminate MMM and every other idea that tries to democratize luck. MMM was conceived twenty seven years ago, for […]
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President Jacob Zuma has torched a storm after he said South Africans battling to find jobs must join MMM. Speaking at a fundraiser in Limpopo over the weekend, the president shocked attendees when he encouraged them to join the scheme. “South Africans complain too much, there are many money making schemes that are making people […]
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I want all financial institutions to explain what “fractional reserve banking” is. Its fractional reserve banking in itself not a scam by financial institutions which include SEC members business model and activities because you use money which is not yours sometimes without the consent of the owners of these money under their custody and lend […]
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Recently, the Securities and Exchange Commission(SEC) on its website, said, “The attention of SEC, Nigeria has been drawn to the activities of an online investment scheme tagged ‘MMM Federal Republic of Nigeria (nigeria.). The platform has embarked on an aggressive online media campaign to lure the investing public to participate in what it called ‘mutual […]
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