MMM Nigeria freezes all Mavros For One Month Causes Panic, Confusion Among Nigerians

It was with hearts filled with trepidation when millions of participants of MMM Nigeria ponzi scheme logged in as usual to the MMM Nigeria platform and were greeted with this message on their screen.

Here is the message sent to MMM members below:

"One-Month Freezing of Confirmed Mavros

"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

Still not believing their eyes, they clicked on Get Help and was went through the process of clicking from one option to another until they got to "Request to Cash Out Mavro" and their worse fears were confirmed. The screen displayed Total Withdrawal Amount as ZERO (0).

mmm Nigeria freezes mavros

Now, great fear gnawed deeply at their stomach, but still they refuse to believe what their rational mind was telling them must be the reality.

So, they click on Mavro at the top of their dashboard and were relieved to see that their mavros were still there.

However, when they clicked on "Available for Withdrawal" they were met with a shock. The amount displayed a ZERO (0).

mmm Nigeria freezes mavros

It was then that the reality of the MMM Nigeria freezing of the mavros dawned on them that it was for real.

MMM Nigeria has been in the news for many months now and this latest development would further compound negative publicity that it had been getting from the media.

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Here is how Naij.com reported the news under the caption "MMM robbed millions of people of $10 billion, Nigerians are next"

The online journal reported:

"Editor's note: As the news broke that popular and one of the world's largest Ponzi schemes, Mavrodi Mundial Moneybox (MMM) has been frozen for a month thousands of Nigerians flew into panic.

"Looks like it's a high time for someone to explain what is wrong with the sceheme that one day "robbed" from 5 to 40 million people of $10 billion. So far, the exact figures are not known even to the founders.

"MMM: More harm than good?

"We gain from MMM in a very seemingly transparent way, thereby convincing us of its authenticity but let us quickly consider a few things that are fundamentally wrong with it, even if we assume it is truly authentic.

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"Let us start by considering how they have described themselves MMM describes herself as a community of selfless people, helping themselves selflessly Now, we should ask if "helping selflessly" is the same as "investing money for an expected 30% return rate"

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"If that is the case, then loan sharks and gamblers are the greatest philanthropists in the world. We are supposed to be literates but in the face of money, we became illiterates that cannot even state or see the difference between selfless and selfish.

And here is how vanguardngr.com reported the news under the caption "MMM Nigeria freezes all confirmed accounts as panic, confusion grip Nigerians":

MMM Nigeria freezes all confirmed accounts as panic, confusion grip Nigerians

"Members of the famous money-doubling scheme, Mavrodi Mundial Moneybox, MMM Nigeria have been thrown into panic and great confusion, Tuesday, following the message from the ponzi scheme freezing all confirmed Mavros, otherwise known as money due for withdrawal for one month.

"This means, all the accounts of members who are due to be paid after having 'provided help' (PH) to another person since the last month have been frozen and hence, have no access to request for payment, known as 'Get Help' (GH) until after one month.

"All members woke up with the shock message displayed on the screen as soon as they logged into their accounts. Giving reasons for freezing the Mavros, the scheme said it is experiencing heavy workload and want to deal with the attacks coming from the country's mass media.

"It also said it wants to prevent hitches in the coming new year hence, the freezing of the access to requesting for payments even when such person is due for payment...

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"Panic quarters and Lamentations:

"In a whatsapp group, MMM Nexus Solution, members of the ponzi scheme, many who are Guilders, have launched their displeasure over the new development. Many have lamented that they don't know how to communicate the development to their downliners (Those they persuaded to stake their money in the ponzi scheme).

"They also argued that this decision of the scheme's management will trigger the downfall of the scheme. They said most people will hence, be skeptical in staking their money while a good number of them said such decision is selfish and would have been better if it was conveyed to members before now.

"One of the members with the name, Rosy, said thus: "This rule is obnoxious, unscrupulous, provocative, insensitive... they did not advise them well, evil prophesy coming to pass."

"Another, Samroyal said: "it shouldn't have been now when both the media and govt are predicting that it will soon collapse thereby trying to discourage pple from it."

"Another member lamented thus; "One of my down lines was supposed to pay 50k today and he has just called me to tell me he isn't paying again till this is sorted out. Exactly my point. If millions GH in January, how will the system manage that, bearing in mind that this act of suspension of GH this period will discourage many people from joining; who will pay the January GH?"

"And yet another member lamented thus: "I am a member of NBA Abuja branch, tomorrow, we have a seminar on lottery, gaming, casino, MMM etc hosted by Nat lottery Comm. I have been a strong MMM advocate amongst Abuja lawyers, what do I tell them tomorrow?"

mmm Nigeria freezes mavros "Another member said: "I have been an advocate of MMM since I joined in September but this act of shifting the goalpost in the middle of the match is a very useless and stupid one by MMM. I have 3 new downlines whose 50 dollars bonus is supposed to mature on thursday, what do I tell them? I tried so hard to convince them to join mmm. What they could have done is to make all new PH to stay for one month."

"However, this member seemed to be very courageous despite the message. He wrote thus:

"I was drinking Hollandia yoghurt when someone called me to say that MMM has been frozen. Oboy, the Hollandia started tasting like Alomo. But no shaking... I dey kanpe."

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"Recall that a similar ponzi scheme, Ultimate Cycler, crashed last two weeks and up until now, the site is yet to be alive. Although a message displayed on the site said it is undergoing maintenance, a routine it said would only last for about 6 to 12 hours, yet, for two weeks now, the site is still unaccessible.

"When accessed, the site initially displayed an error line of code, before displaying "Error 500" in bold letters, then it proceeded to display another message: "Be right back. We are currently updating the site to give you a more pleasurable experience and will be back online shortly. Our update estimation is to be complete over the next 6 - 12 hours. Thank you, Peter Wolfing.

"With the current freezing message from MMM, the fear is that it could tour the line of the crashed Ultimate Cycler. This tends to further give grounds to another school of thought who have it that all ponzi schemes do not last more than one year.

"In defence of MMM, however, the following is a response message to members by the first Nigerian Guider, Chuddy. "Hi Mavrodians, As we all must have seen in our PO of the news on Mavro frozen for a month."

"This isn't the first of its kind. It happens when their are excess PANIC in the system It was placed on Zimbabwe and after the duration it was lifted."

"This idea is brought forward to Calm the members down on intending Threat the FG and Mass media has planned on the system. It doesn't mean that their is no more money in the system because in my PO now as a guider, I have about 2million+ PH orders. And I know it would be like that in most Guiders PO too. So you see!!! Money to pay out the orders wouldn't be a problem."

"But the Admins needed to apply measures to sustain the growth of the system. In order to fight issues that may arose as a result of Massive PH already this xmas. Issues like

"* Uploading of Fake POP *non confirmation of orders and the rest."

"So this is the best strategy to put FG to shame. We all need not panic as our money is in safe hands. Check out your Mavros and you see your money is intact both for 30% bonuses and 20% accrued bonuses."

"You can keep PHing if you have the money, though you will definitely not be matched until Mavros are unfrozen. But that will really go a long way for you as your PH made this December will surely be giving you extra 20% after paying out next year.

"No cause for Alarm. We live to expect a stronger MMM by January 14th, 2017." "Guider Chuddy."

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