The Nigerian Deposit Insurance Corporation (NDIC) has said about three million Nigerians lost N18 billion in the Phonzi scheme, popularly called Mavrodi Mundial Movement (MMM).

Ponzi scheme, MMM Nigeria just announced their long awaited resumption a day earlier to their official resumption date via their official twitter handle.

was matched with this guy whose image is attached on MMM. His name is Ezenagu Chukwudi, a student of caleb university. His phone number is 08154264497. I was supposed to pay him the sum of 308,000 but i mistakenly transferred 380,000 to his account. He confirmed receiving the funds into his account and promised to send me the excess. That was all the money i had in my account and i was really hopeful.

This is a Friend MMM Account:

that's it.......
Someone whose mavro is up to 30days still got paid.....MMM is still Alive...Be rightly informed.

Number 1 Ponzi scheme in Nigeria

Open Letter from Sergey Mavrodi to the Nigerian Authorities

Honorable authorities,

So far MMM has come under a constant attack from you. In this regard, I would like to ask you a few simple questions. Since you are concerned with the interests of millions of your fellow citizens, I hope that you would be so kind to answer them.

MMM-Nigeria’, a community of mutual financial aid and donations, donated relief materials worth N5 million to two Internally Displaced Persons (IDPs) camps in the Federal Capital Territory.