Exclusive Report: MMM Nigeria to crash in July 2017 – Here’s is the untold story about the Ponzi Scheme [A Must Read]

MMM Nigeria to crash in July 2017 – Fresh findings by NAIJ reveals that the money spinning Ponzi scheme Mavrodi Mundial Movement also known as MMM might crash between June-July 2017 – Some “experts” in Ponzi schemes who spoke with our reporter said the scheme might not last longer than July of 2017 following recent developments such as multiple registrations by participants by users within the scheme.

One of the reasons we started compiling this report is due to the fact that some MMM participants have now added fraudulent activities to the scheme, as they now upload fake evidence of payment.

Recently, it was reported that 66,000 Zimbabwean participants were affected when this pyramid scheme crashed. However, the operators of MMM have began to move against fraudulent activities, as investment can no longer stay more than 30 days in the system.

As at press time, over 3 million Nigerians, including the learned and the illiterate, are participants of the money spinning Ponzi scheme.

With Nigeria sinking further into recession, youths and middle age adults have resorted to Ponzi schemes as a means of survival as it appears that the President Muhammadu Buhari-led federal government seems to be having a hard time battling with the economic decline. There also seems to be no end in sight to the recession.