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Nigerians react to MMM’s 1 month ban on withdrawals

МММ was a Russian company that perpetrated one of the world's largest Ponzi schemes of all time, in the 1990s.
МММ was a Russian company that perpetrated one of the world’s largest Ponzi schemes of all time, in the 1990s.
Mavrodi Mondial Movement (MMM)

Following the shocking news that the popular money-doubling Ponzi scheme, Mavrodi Mundial Moneybox, MMM has left its Nigerian participants accounts frozen by blocking them from withdrawing their funds along with accruing 30% interest until January, 2017, Nigerians have taken to social media to express their thoughts and feelings on the recent development.

While some participants in the alleged Ponzi scheme have said they were not worried about the temporary ban placed on their accounts, a lot of critics are having a good laugh.

Below are some tweets flooding Twitter by both MMM participants and critics.

Meanwhile, MMM Nigeria still maintains that there’s no need for panic, see tweets below.

-Funmilola Olukomaiya

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