MMM Nigeria Participants In Panic As Scheme Freezes Participants’ Money Till Next Year

Barely 24 hours after MMM founder, Sergey Mavrodi wrote an open letter to Nigerian Authorities, criticising the later’s constant attacks on the ponzi scheme, the administrators of the scheme, early Tuesday, announced freezing of participants’ monies for one month.

In a letter posted on the scheme’s website, MMM said; “As usual, in the New Year season, the System is experiencing heavy workload.Confirming the severity of constant attacks on the controversial scheme, the statement said “moreover, it has to deal with the constant frenzy provoked by the authorities in the mass media.“Hence, on the basis of the above mentioned, from now on all confirmed Mavro will be frozen for a month”, the statement partly reads.