Friday, January 13, 2017

Over 3 Million Nigerians Invested in MMM Nigeria

Mavrodi Mondial Moneybox, a Ponzi scheme known simply as MMM has attracted over three million Nigerians who  invested more than US$1Billion in the get-rich-quick scheme. But majority of them are now frustrated since the Russian operators and their Nigerian agents have not doubled or refunded their money which many of them borrowed.
Students invested their school fees; parents also invested their savings and thousands of others used loans or misappropriated funds allocated for public projects and other services.

Read more on Investors Stranded As MMM Reopens - Investment - Nigeria

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