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MMM Nigeria Suspended, Freezes Participants’ Money for One Month

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Barely 24 hours after MMM founder, Sergey Mavrodi wrote an open letter to Nigerian Authorities, criticising constant attacks on the ponzi scheme, it has now announced that it is freezing participants’ monies for one month.

Read the letter posted on the scheme’s website below:

Dear members!

As usual, in the New Year season the System is experiencing heavy workload. Moreover, it has to deal with the constant frenzy provoked by the authorities in the mass media. The things are still going well; the participants feel calm; everyone gets paid – as you can see, there haven’t been any payment delays or other problems yet – but!.. it is better to avoid taking risk.:-)) (Moreover, there are almost three weeks left to the New Year.)

Hence, on the basis of the above mentioned, from now on all confirmed Mavro will be frozen for a month.

The reason for this measure is evident. We need to prevent any problems during the New Year season, and then, when everything calms down, this measure will be cancelled. (Which we will definitely do.:-))

We hope for your understanding,
Administration

 


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