The Economic and Financial Crimes Commission (EFCC) has said it advised Nigerians against investing in Mavrodi Mondial Moneybox (MMM).
The ponzi scheme had on Tuesday announced that withdrawals has been frozen for 30 days.
A Twitter user @Lolami_Boo, had tweeted at the Economic and Financial Crimes Commission (EFCC) saying it was the commission’s job to stop the ‘scam’.
“Where the hell was @officialEFCC ? Isn’t it your job to stop crap like this?” she tweeted.
Where the hell was @officialEFCC ?? Isn't it your job to stop crap like this??? https://t.co/2RUq9JeK2A
— Lola – The Reet Petite (@trp_blog) December 13, 2016
In response, the commission said, “You mean amongst the plethora of venality we fight daily? Ponzi schemes aren’t sustainable. There were a number of warnings.”
You mean amongst the plethora of venality we fight daily? Ponzi schemes aren't sustainable. There were a number of warnings. #DontDoIt https://t.co/GeUhP4nrVT
— EFCC Nigeria (@officialEFCC) December 13, 2016
The Federal Government had warned Nigerians against the ponzi scheme labeling it as a scam.
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