MMM Nigeria, the scheme where members invest and are paid back between
two to four weeks with thirty percent profit, has been frozen. According
to the management of the scheme, the accounts were frozen due to
excessive withdrawal. A message from MMM administrator states that the
accounts will be frozen for a month.
A message by the operators reads:
“Dear Members!
As usual in the New year season the system is experiencing heavy
workload. Moreover, to deal with the constant frenzy provoked by
authorities in the mass media. The thing is still going well; the
participants feel calm. Hence on the basis of the above mentioned, from
now on all confirmed Mavro will be frozen for a month.”
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