Controversial ponzi scheme, Mavrodi Mondial Moneybox, also known as MMM, is back with new payback rules but subscribers are happy that it is back.
In December, the operators of the scheme in Nigeria froze all accounts, saying that “the one month Freezing of Confirmed Mavros is a step to ensure the sustainability and stability of the MMM Nigeria system.”
They assured subscribers that they would be back on the 14th of January, 2017. Not many people believed this. Many feared that they had been duped and they had lost their monies forever.
MMM Nigeria was one of the terms that trended on Google with over 100,000+ searches with people hoping that the scheme would return.
Interestingly, MMM Nigeria returned a day earlier than stipulated. The message stated that “this was related to the hysteria raised by the authorities and the mass media around MMM.”
Some of the new payback rules stipulates that:
- the company will be making paybacks by setting internal output limits – they will only pay a certain amount per day;
- paybacks will be made to the poor and economically disadvantaged in the first place – it means to members with small OH amounts;
- members will now be able to pay and receive money in bitcoins, the digital currency – citing bitcoin’s steady growth in value as a reason for participants to adopt the currency
MMM subscribers even held a party to celebrate its return.
Watch below
What do you think about MMM’s return? Share your thoughts!
