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  • MMM
    HOW I LOST N25 MILLION TO MMM – MC GALAXY

    Singer and dancer, MC Galaxy has said he lost N25 million to ponzi scheme, MMM. In an interview with PremiumTimes, the singer said his manager convinced him to invest in the scheme. He added that his loss was one of the reasons why he named his second album MMM. He said, “It was one of

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  • MMM
    Man who drank insecticide following the crash of MMM-Nigeria dies

    A man identified as Ada Kole has died in Kubwa in the Federal Capital Territory after drinking insecticide following the crash of the Mavrodi Mondial Movement (MMM) Ponzi scheme in Nigeria. The MMM, whose wedding was rescheduled from December last year to May 2017 reportedly died on Monday night following complications arising from the poison

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  • Police
    3 Men Arrested In Benue Catholic Church Over Ponzi Scheme

    Dr. Philemon Ibrahim Gura and two others, Tivkaa Shimavie and Kenneth Atuwaka, are in the custody of Benue State Police Command over allegation of doubling money for members of the public. They were apprehended at the premises of St. Theresa Catholic Church, High Level, Makurdi. Benue State Commissioner of Police, Bashir Makama, said the suspects

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  • mmm-nigeria
    Nigerians rage, curse MMM

    Nigerian participants in the ponzi scheme MMM are losing patience with it, a week after the resumption of service and promise to begin payment. Although there was evidence yesterday that some participants had been paid, thousands of others whose applications were yet to be attended have been venting their anger on the brains behind the

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  • mmm-nigeria
    MMM ‘removes’ all payment requests

    MMM Nigeria, the most popular ponzi scheme in the nation, says it has removed all requests for payment on the system, but it has by no means cancelled them. In a statement yesterday, the scheme explained that “although some people called it ‘cancelled’, the truth of the matter is that it was only removed not

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  • mmm-nigeria
    2 Reasons Why Police Can’t Arrest MMM Operators

    The Nigerian Police has stated why the force cannot arrest operators of Ponzi scheme MMM. Police said it does not have any directive from the government to arrest operators or participants of the MMM. It also explained that it would not go after operators or participants in the scheme because no one had complained about

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