News

Reactions Trail Death of MMM Ponzi Scheme  Founder Sergey Mavrodi

The founder of pyramid ponzi scheme MMM died  after a heart attack yesterday March 25 in Russia.  He was aged 62. His death has sparked outrage among Nigerians. Many of whom lost huge sums of money following the collapse of the scheme that originated in Russia. Mavrodi was sent to prison after he was found… Continue reading Reactions Trail Death of MMM Ponzi Scheme  Founder Sergey Mavrodi

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Money

Nigerian University students who put their school fees in MMM cry out after it crashed

​ Many Nigerians are lamenting the unexpected freezing of all accounts and impendent collapse of popular ponzi scheme, MMM. Since the annoucement of the freezing of all mavros, those who risked their life savings or borrowed money in other to gain a 30% interest now have themselves to blame.Others who are anguishing are students who… Continue reading Nigerian University students who put their school fees in MMM cry out after it crashed