The popular Ponzi scheme know as the Mavrodi Mondial Movement, MMM is back in 2018. This scheme made waves at 2016 in Nigeria and that same year, the scheme that boast of 3million registered members in Nigeria froze all account in December 13, 2016.
The Freeze of account lead to the a lot of people loosing their hard earned money. Thoug MMM promised to resumed the following year January 2017 and it did on the 13th of January 2017. It was though Nigerians did not learn their lessons and after a while, Many Nigerians pumped in money. Some even went as far as borrowing.
The same ponzi scheme went on till June/July where everyone lost their money again and after a while in august activities resumed and here, this time people lost again in November/december.
The question here is, why are Nigerians still participating?
MMM promises 30%,40% and 50% in ROI
MMM is back in 2018 with the following packages which they introduced in November 2017, where the 2 other ways of growing your money has been introduced as against the initial 30% growth in 30days. The details of this new methods would be seen in their official site by click this link: MMM new Mavro growth
In conclusion, what is actually responsible for Nigerians still participating when at the end you will loose what you try to grow. Maybe we can blame it on the rate of unemployment of the youths or simply blame it on GREED.