I was in church last Sunday; the presiding priest during homily asked the parishioners “how many of you know the easiest and fastest way to make money”? Well, nobody answered. To my greatest surprise, the priest said “I am sure most of you have heard of MMM the new Money Making Machine, I enjoin all of you who tell everybody about MMM to go forth and spread the gospel of Jesus Christ same way you are broadcasting MMM. Obviously, some people have gone to tell father to join MMM, nawa ooo
MMM according to the British media is spreading like wildfire in Africa. Trust Nigerians, they have taken it to breast level. If you have not invested in MMM you have no business acumen, you are not a serious-minded person, no foresight, that is what they make you believe.
Money is good, no doubt but you need to be careful, else in your search for money, you may become the money. As they say in pidgin parlance, if mugu fall, guy man go chop. MMM is not a valid investment enterprise. Below are 10 reasons you should borrow the legs of Usain Bolt when the disciples of MMM come to you to preach the gospel of their master.
- MMM is not insured by the Nigeria Deposit Insurance Corporation (NDIC)
- MMM does not collect money from anybody. It only links the giver and the taker. In other words, MMM is not liable for any loss or theft of funds.
- MMM has no structure, no address, no phone number, they are not traceable.
- MMM has not told investors, from whose purse they pay the 30% return on initial deposit. This is magic.
- MMM only gives help to old members, if you have not given help, you cannot receive help.
- In MMM if the help you rendered was N100,000 you cannot request for help in excess of that amount
- MMM was founded in 1989 and an estimated 40 million people lost about 10 billion dollars
- Founder of MMM, Sergey Panteleevich Mavrodi is a convicted Russian criminal
- Chinese government has banned MMM since January 2016 because it is fraudulent, not registered in China and can never be registered.
- The central bank has warned Nigerians to desist from MMM. He who has ears let him hear.
The funny part is that all MMM participants know when to pull out of the scheme. That is what they say. So when they leave, who remains? Greedy fellows. Some have pulled out their initial deposit; they just trade with the 30% gained. They call it wisdom but it is glaring they have no faith in the scheme. The scheme is fraudulent, suspicious and cannot stand the test of time. Those who are yet to join should look before they leap, it may be your time that everybody will pull out and sorry will be your name. A word is enough for the wise.
written by: Stanley Bentley