EYE ON THE MONEY

Nigerians awoke to the inevitable and hugely anticipated eventuality on Tuesday, 13th December, 2016. Registered users of popular money-spinning 'investment' scheme a.k.a Ponzi Scheme, MMM logged into their accounts and were informed by 'Admin' that their Mavro accounts had been frozen, which implied that withdrawals would not be possible for the next 30 days. This,according to 'Admin', was to enable maintenance and system optimization for a more wholesome user experience in the future.

Many people believe it stands for "Money Making Machine" and they may not be wrong. Here's why: 30% return on investment monthly is insane!!! and it has been running uninterrupted in Nigeria for 2 years straight. It is more lucrative than any shares on the Nigerian stock exchange. It has similarities with your average commercial banks and according to the ideology of MMM this is not hard to notice know why. According to the MMM NIGERIA WEBSITE , the ideology of the scheme is:

Ultimate Cycler is among the hottest online networking business in Nigeria today just like MMM, Crowdrising, iCharity etc. In Ultimate Cycler, Members Donate Money to Members meaning you are not paying money into the site system. Its a mutual community where Members help members. HOW ULTIMATE CYCLER WORKS AND HOW TO JOIN ULTIMATE CYCLER NIGERIA   When you register, you will need to donate the sum of N12,500 to a fellow member you registered under his link, and he will then confirm your donation.  

I'm sure we've all heard of the money-making investment Opportunity currently being talked about nationwide. Here are the facts you need to know before condemning or involving in it: "MMM currently operates in more about 118 countries and close to 2 years in Nigeria with several millions of participants. . MMM is a community of people providing each other financial help on the principle of gratuitousness, reciprocity and benevolence. In MMM you do not have to make contracts or pledge your property. In MMM there are no lenders and no debtors. Everything is very simple: one participant asks for help — another one helps. . The only thing that MMM demands from its participants is to be honest and kind to each other. You ask for financial help when you need it, you give financial help when you are able to do it.