MMM Crash? Participants Flay Rumour Mongers

Sergey Mavrodi, MMM Founder

As rumours are rife over the reported “crashing” of a social financial network, MMM Nigeria, with an estimated 3 million Nigerians being at risk of losing their investments, some participants of the scheme and ‘Guiders’ have allayed the fear of the investors over its purported crash.

Apart from a message posted by the coordinators of the scheme of its website explaining that the freeze of their MMM accounts was an interim measure taken to reduce panic during this yuletide and sustain the scheme, some participants copied the message and have being posting it on various online forums where the Media seemed to be mocking them.

For example, a commentator in The Punch online forum, who simply goes by the name ‘Fresh Boss.’ Wrote:

Fresh Boss

*Guider Chuddy*

“This Christmas period everyone would want to GH and that won't be good for the system, so this freezing will control the rate of GH and make it orderly.

Note: people GH mostly only on Tuesday and Thursday, but now people will be GHing daily as soon as their mavro is released; and you know everybody's mavro won't be released on the same day, therefore there's bound to be controlled GH.

SO TELL YOUR DOWNLINES:

for those whose mavro is up to one month but you can't GH, don't worry; within 24 hours the eligible ones will be released so they can GH.

The system has to freeze all at the same time (both the eligible and ineligible ones) so that it'll then take time to release the ones up to 30 days.

NOTE: all these are measures to ensure that MMM stays alive till and beyond 2017.

Our rush to GH has now been slowed down, for the sustainability of our community.

MMM pays! Together we build the world!!

*Guider Chuudy*

"This is the explanation...

Dear mavrodians, my mission here is to make us properly understand this new message that seems to be causing panic out there in the hearts of all MMM participants. The message does NOT say that nobody will be able to GH until January, instead the message is saying that you will not be able to GH until after 30days that you actually made the payment of your PH and the recipient confirms. Meaning that your money must actually spend minimum of 30days outside. So for example, if you PH 100K on 5th November, and you are matched to pay on 10th November, assuming that you made the payment but the recipient does not confirm your order until 15th November when he finally comfirms receipt of your payment. From that instant (15th November), your mavros will change status to "CONFIRMED" ( irrespective of colour Blue or Green ), so you will only be able to request for help (GH) on that particular 100k + 30% growth as from 15th December. It is not that you can't GH before January. 

Please spread this to all your downlines and all participants that you know.”

It will be recalled that the FG and CBN had warned Nigerians against investing in the Ponzi scheme as they call it a scam, but people ignored them arguing that Nigerian government had never had the interest of the masses in heart.