Ten lies MMM Subscribers told themselves

by on February 5, 2017

1. There is No Central Account So Your Money Cannot Be Taken By Anyone

The truth is that MMM is setup in such a way that the guys at the top can channel and transfer huge funds probably going into hundreds of millions of naira out of the system and leave the low-level members to pay for it. This is primarily what has happened; you don’t see top Guiders complaining? Why? They have made their huge profits from gaming gullible people at the bottom of the pyramid.

2. It is a Mutual Help Community

If this is so, I am sure Nigerians are very kind people, the fact that millions cannot ‘Get Help’ tells you, you entered a Ponzi scheme not a mutual help community.

3. Authorities in Different Countries are Against MMM Because it Threatens Commercial Banks

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This is practically not true in Nigeria because you Mavrodians were paying money into each other’s’ bank accounts; the more transactions you do, the more money banks make. Nigerian regulators like the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) warned people against MMM and similar schemes because it is their duty to do so. As you probably realize now, they cannot help you if you lose money from the scheme, what they should have done, they did.

4. MMM is Not an Investment, It is Charity

Then why are you worried and your blood pressure rising? I do not lose sleep over charity I give, if you are losing sleep over money you put in MMM that is not coming back to you, then you were investing in the hopes of a huge return, not giving charity.

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5. Mavrodi Cares So Much About the World and Created MMM to Help the Poor

Really? An ex-convict from Russia where you can get away with a lot of things that will land you in jail in other countries cares about you? Sorry, Sergei Mavrodi is just a convict that has not changed his ways.

6. You are Helping to Positively Change the World by Joining and Promoting MMM

You mean you are helping Mavrodi scam more people. The world definitely needs positive change. However, it is not going to come from Ponzi schemes like MMM.

7. Those that are Asking You Not to Join MMM are Jealous of Mavrodians

‘A fool and his money are easily parted’, nothing to be jealous about in this.

8. Mavros keep Growing and are Actually Worth Much

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At least now you know that you can have 1 trillion Mavros but it will not buy you anything at the market, maybe a dirty slap though.

9. Nobody is Controlling the System, It is self-sustaining

Now, you know better of course. From freezing accounts to changing the rules in the middle of the game, you definitely have someone bossing you around in this Ponzi scheme.

10. Those that Warn You Against MMM Do Not Want to Be Rich

You really need to be part of our organization’s meetings to see that there are probably very few Mavrodians that have more drive to make money than me. The only difference is some of us seek legitimate money and are not looking for get-rich-quick schemes.


By MIchael Tony-egbo

Leave a reply »

  • beth
    February 5, 2017 at 12:36 pm

    Comment…which way nigeria. condition made crawfish bend but I will not bend


  • Emmanuel
    February 5, 2017 at 5:47 pm

    I beg to disagree with U. Nobody impoverishes any body. It is what U invest U get back with 30%. That is how it works. It is the best and we’ll organized financial scheme ever. Everybody benefits from it. That is how it works.


  • princewill
    February 7, 2017 at 9:07 am

    Thank you Michael Tony. The pain we are having now as we lost our monies in MMM is much bigger than the joy we had then. Thanks for your enlightenment. all you said are true. Those who are still interested can go ahead if they wish. But i think we should be wiser now.


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