Crash Panic Hits MMM Nigeria As System Freeze All Members Mavro "Money on Pause Mode for one Month"

There is panic and loss of confidence on MMM Nigeria by members of the ponzi scheme over a freeze on all money in the system. The much adored MMM this morning dropped a shocker on members with a notice that there will no longer be money flowing from now till January 2017.

All is not well in the MMM Nigeria community with the news of a pause mode, according to comments gotten from members of the ponzi scheme, “the yuletide period is a time money is seriously needed to meet up with festive demand, but MMM have decided to keep us stranded”.

See other vote of no confidence from a whatsapp group:

Sheddyblaze said: “What is happening, this is not d mmm we use to know,with the recent changes it causing more harm than good, I thought its a forum of mutual understanding not knowing there are deciders, am very sorry to say is their prophecy not actually coming to pass? How can the admin just decided to freeze our money ? So is now a must to help? Some of us are beginners and creating this kind of panic won’t help,d admin should go back and revise his/her decision cause when we PH there was no freezing not to so there shouldn’t be any freezing during getting helped please. If people don’t GH do u expect me to PH? Never , that’s what we are saying.”

Isitor: “One month freezing of confirmed mavro. Does that mean one’s  money on confirmation will stay again for one month. Or that one’s money is only withdraw-able by one month.?

Lexluthor: “The frenzy they are trying to prevent will eventually happen if and when they defrost the mavros. Every participant with money in the system will hit the GH button as fast as lightning.. And with this news, the larger society intending to PH will take a chill pill..  So when there’s no PH, how do you GH? The site says use your spare money, yet encourages us to keep PH at an optimal level this period. If the said spare money has been frozen, are we expected to PH with new “not spare” money? Where’s the sense in the decision mbok? IMHO, It would’ve been better if they froze the 30% increase and release the capital sum, that way the looming panic will be contained..”

Victoria: “This is really scaring o, I’m suppose to GH today and also PH. I hope I get paid o and to even PH now, I’m really afraid”.

In another  whatsapp group, MMM Nexus Solution, members of the ponzi scheme, many who are Guilders, have launched their displeasure over the new development. Many have lamented that they don’t know how to communicate the development to their downliners (Those they persuaded to stake their money in the ponzi scheme).

They also argued that this decision of the scheme’s management will trigger the downfall of the scheme. They said most people will hence, be skeptical in staking their money while a good number of them said such decision is selfish and would have been better if it was conveyed to members before now. One of the members with the name, Rosy, said thus: ” This rule is obnoxious, unscrupulous, provocative, insensitive….they did not advise them well, evil prophesy coming to pass.”

Another, Samroyal said: “it shouldn’t have been now when both the media and govt are predicting that it will soon collapse thereby trying to discourage pple from it.” Another member lamented thus; ” One of my down lines was supposed to pay 50k today and he has just called me to tell me he isn’t paying again till this is sorted out. Exactly my point.

If millions GH in January, how will the system manage that, bearing in mind that this act of suspension of GH this period will discourage many people from joining; who will pay the January GH?” And yet another member lamented thus: “I am a member of NBA Abuja branch, tomorrow, we have a seminar on lottery, gaming, casino, MMM etc hosted by Nat lottery Comm. I have been a strong MMM advocate amongst Abuja lawyers, what do i tell them tomorrow?”

MMM Nigeria have faced much criticism from experts, and some are saying the scheme will crash December 14th, others have July 2017 as the crash date. But one thing is certain here, with this move to trap members money, we may very well start seeing the beginning of the end of MMM Ponzi scheme.

This is happening coincidentally at a time the second largest Ponzi Scheme in Nigeria Ultimate Cycler website crashed since December 2nd, although Peter Walfing the founder gave Sunday 11th December as the relaunch date but as of the time of this report ultimatecycler.com is still down.

These travails does not come as a surprise to the Nigerian media, government agencies and the larger Nigerian audience as the warnings from CBN, SEC and NDIC on dangers of investing on ponzi schemes have all fell on deaf ears.