Reasons why MMM Nigeria was frozen
Facts have emerged why popular Ponzi scheme in Nigeria, MMM froze confirmed monies in the system for one month.
Recall that operators of the scheme last last night, December 12, froze mavros on MMM stating that it’s action was due to panic and heavy anti-MMM reports by the Nigerian media.
But the scheme’s number one guider, simply identified as Chuddy, has come out to clear the air on the development.
“Hi Mavrodians, As we all must have seen in our PO of the news on Mavro frozen for a month. This isn't the first of its kind. It happens when there are excess PANIC in the system,”he wrote on the MMM Nigeria website.
He added that the brief ban was also placed on Zimbabwe and after the duration it was lifted.
He revealed that the “idea is brought forward to calm the members down on intending threat the FG and Mass media has planned on the system.
“It doesn't mean that there is no more money in the system because in my PO now as a guider, I have about 2million+ PH orders. And I know it would be like that in most Guiders PO too. So you see!!! Money to pay out the orders wouldn't be a problem.
“But the Admins needed to apply measures to sustain the growth of the system. In order to fight issues that may arose as a result of Massive PH already this Christmas.”
He said issues like uploading of fake POP, non confirmation of orders and the rest also contributed to the short ban on mavro growth.
“We all need not panic as our money is in safe hands. Check out your Mavros and you see your money is intact both for 30% bonuses and 20% accrued bonuses
“You can keep PHing if you have the money, though you will definitely not be matched until Mavros are unfrozen. But that will really go a long way for you as your PH made this December will surely be giving you extra 20% after paying out next year.
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