Tag: Ponzi SchemesTag: <span>Ponzi Schemes</span>

MMM introduces new rules, to freeze participants’ accounts again

by Azeez Adeniyi Ponzi scheme, Mavrodi Mondial Moneybox popularly known as MMM has once again anounce that it would freeze accounts of participants and introduce new rules. In a statement…

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Ebenezar Wikina: Meet the ponzi schemers [NEXT]

by Ebenezar Wikina 2016 was a tough year for many Nigerians. The economic recession, the fall of the naira, and many other challenges made Nigerians look for alternative means of…

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Manasseh Egedegbe: A Little Bit More about Bitcoins

by Manasseh Egedegbe Definition of Money: Something generally accepted as a medium of exchange, a measure of value, or a means of payment. ~ Merriam-Webster Dictionary So I spoke a…

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Is MMM’s return on Friday the 13th ill fated?

Let's be honest. Oyinbos have their own jazz and superstitions. One of such is Friday the 13th. It is supposedly a day that brings ill luck. Or so they say.…

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Opinion: What CBN can learn from MMM

by Enobong Udoh Paper money or fiat currency is still the greatest innovation conceived by man. Imagine Nigeria being some type of human zoo of sorts that still trades by…

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Harmony Levin: Let’s talk ponzi [NEXT]

by Harmony Levin "Society has the dynamic ability to change its form to suit its inhabitants in cossonance with the time and age" So it happened this past week, the…

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The Thread: MMM has not crashed; it has gone on midterm break

All through yesterday, and now into today, MMM has been trending. With good reason. Yesterday, MMM operators announced a suspension of its activities till the new year. Those who have…

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The Thread: MMM | “Nigeria will remain fertile ground for any ponzi scheme”

MMM is among the top Nigerian trends today, and that is because the company announced the suspension of its operations for a month. There have been different types of reactions…

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The Thread: MMM- the crash that was a long time coming

It's no news that MMM has gone on a month-long freeze. This suspension carries tell-tale signs of foreboding, if not in the moment, then in the long run. In matters…

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Opinion: President Buhari has finally decided to join MMM gang

by Abiodun Shomoye President Muhammadu Buhari, my very own supported candidate for the position back then in 2015 has decided to sell me, my children, grandchildren and not forgetting great grandchildren.…

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