MMM Nigeria Members Panic All Members’ Money go on Freeze/Pause Mode
There seem to be panic and loss of confidence on MMM Nigeria members over the freezing of all money in the system. MMM this morning dropped a surprise message for the members stating that there will not be money in circulation till January 2017.
Below is the message:
However, FINANCIAL WATCH in October published a report of a pause mode to be activated in December, but was ignored and defended by some MMM members as one of the media propaganda.
Financial Watch claims that All is not well in the MMM Nigeria community with the news of a pause mode, according to comments gotten from members of the ponzi scheme, “the yuletide period is a time money is seriously needed to meet up with festive demand, but MMM have decided to keep us stranded”.
Below were comments we got from Financial watch News readers:
Sheddyblaze said: “What is happening, this is not d mmm we use to know,with the recent changes it causing more harm than good, I thought its a forum of mutual understanding not knowing there are deciders, am very sorry to say is their prophecy not actually coming to pass? How can the admin just decided to freeze our money ? So is now a must to help? Some of us are beginners and creating this kind of panic won’t help,d admin should go back and revise his/her decision cause when we PH there was no freezing not to so there shouldn’t be any freezing during getting helped please. If people don’t GH do u expect me to PH? Never , that’s what we are saying.”
Isitor: “One month freezing of confirmed mavro. Does that mean one’s money on confirmation will stay again for one month. Or that one’s money is only withdraw-able by one month.?
Lexluthor: “The frenzy they are trying to prevent will eventually happen if and when they defrost the mavros. Every participant with money in the system will hit the GH button as fast as lightning.. And with this news, the larger society intending to PH will take a chill pill.. So when there’s no PH, how do you GH? The site says use your spare money, yet encourages us to keep PH at an optimal level this period. If the said spare money has been frozen, are we expected to PH with new “not spare” money? Where’s the sense in the decision mbok? IMHO, It would’ve been better if they froze the 30% increase and release the capital sum, that way the looming panic will be contained..”
Victoria: “This is really scaring o, I’m suppose to GH today and also PH. I hope I get paid o and to even PH now, I’m really afraid”.
MMM Nigeria have in the past faced criticism from experts, and some said the scheme will crash December 14th, others have July 2017 as the crash date.
The pause mode will actually bring most people not to trust or have confidence on MMM and where this happens, none will want to participate and where people fail to participate, no matter how strong or reliable it is, it will not be sustained and where it is not sustained, the predicted will take place.
It’s barely one week now MMM rolled out the 20% addition to PH value which made most people to even borrow money with high interest to Provide Help on MMM.
This is happening coincidentally at the time Nigeria Ultimate Cycler website crashed since December 2nd, although Peter Walfing the founder gave Sunday 11th December as the relaunch date but as of the time of this report ultimatecycler.com is still down.
These issue at hand does not come as a surprise to the Nigerian media, government agencies and the larger Nigerian audience as the warnings from CBN, SEC and NDIC on dangers of investing on ponzi schemes have all fell on deaf ears.
This is time for Nigerians to really understand the reason to heed to the warning signs on MMM Nigeria site.
Do not participate with all your money etc.
This is not MMM crash report, it is an awareness that MMM Nigeria is in pause mode and will be back.
Do you have any comment or question? Do not hesitate to use the comment box below and we’ll answer you. Thanks for reading.