Tag Archives: Mavrodi Mundial Moneybox

Just In: MMM launches in Ghana.

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The creation of the Mavrodi Mondial Moneybox (MMM) in Kenya and Ghana, approximately 48 hours after its activities in Nigeria were suspended for a month, has caused increased panic among its Nigerian participants.

Chiamaka Ugorji, the wife of Chuddy Ugorji, a leading MMM Nigeria promoter, attempted to calm nerves by writing an open letter to participants, but this failed to reassure Nigerians that their investments were safe.

Some individuals, who spoke to the News Agency of Nigeria on Monday in Abuja, shared their thoughts on the issue.

A civil servant, Charity Okafor, said “I participated in the scheme twice by investing N500,000 and one million naira respectively and I got my money back with the large interest.

“However, I felt I should not participate in the scheme any longer and I am lucky I had people around me who convinced me not to reinvest.

“I know I would have turned into a crazy woman if I had money there during this suspension,” Mr. Okafor said.

Ebube Okoh, a housewife, said that she believed the launch of MMM in Ghana and Kenya had everything to do with the Nigerian chapter.

According to the website, the ban on withdrawals is due to negative reports by the media, heavy workload experienced by the system, and an attempt to prevent problems during the New Year.

“I, however, believe that they have run out of people to get money from to pay back the large investments that were coming into the system.

“I believe the money obtained in Kenya and Ghana will be used to make up for the deficit in Nigeria, besides both countries have higher currency values when compared to the Nigeria naira.

“The launch in Ghana and Kenya can’t be a coincidence.”

Gregory Bello, an engineer, said “I have money in the programme, but I am not as upset as other participants because it is a small amount of money compared to others.

“The money I put in is the interest I got from my last investment. I am one of those hoping the system comes back in January for the sake of our sanity.

“I have friends who put in millions of naira and have either suddenly fallen ill or are showing signs of depression.

“I just pray that MMM Nigeria has not crashed because many people will commit suicide or turn crazy,” Bello said.

EXCLUSIVE: The Cartel behind MMM Nigeria revealed. [Pictures]

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In what seems to be a depressing turn of event for all members of the Mavrodi Mondial Moneybox in Nigeria, the scheme was frozen today as a result of an alleged overload and has promised to be back in operation on the 17th of January, 2017.

However, new revelations brought to our notice paints a new picture of the somewhat fraudulent scheme. According to the source, MMM was brought into Nigeria by a young man named Chuddy Anayo Ugorji who is the owner of a dormant Twitter Account; @ChuddyUgorji in November 2015

 

The source went ahead to reveal  that Chuddy apparently struck a deal with some Phillipine citizens to create MMM-Nigeria. One of his Phillipine accomplices is TC Glady on Facebook.

Chuddy is said to be a former participant of MMM Global before he introduced MMM Nigeria

 

“Chuddy Anayo Ugorji has made money running into billions of Naira, he threw a lavish wedding in Lagos on 12 December and traditional wedding ceremony on 30 September, 2016.” the source claims.

Chuddy, however is said to be the son of Rev. Kingdom Ugorji and is married to Chiamaka Goodness Ekeoma now known as Chiamaka Ugorji

 

In mid 2016 Chuddy Ugorji travelled to Dubai to put finishing touches to MMM Nigeria

TC Gladys, his Filipino partner allegedly bankrolled the MMM-Nigeria platform. All deals were struck in Dubai and the Nigerian MMM server is being hosted in Philippine.

 

Chuddy has made over 5 billion Naira as at 22nd of September, 2016 after which he traveled to Dubai again to remit money he has made to honour his own part of the international deal.

As posted on his Twitter Account, our source shared the following contact details; Chuddy Anayo Ugorji – 08186478767,  Chiamaka Ugorji – 08131963287/09081347186, Yinka – 07030274656, Mr Positive-07034635930.

Those are members of the cartel behind MMM Nigeria.

BREAKING: Panic, confusion grip Nigerians as MMM freezes all confirmed accounts

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Members of the famous money-doubling scheme, Mavrodi Mundial Moneybox, MMM 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.
Sergey Mavrodi of inventor MMM Sergey Mavrodi of inventor MMM 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. mmm freezing notice mmm freezing notice.
The message read thus: “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”
Panic Quarters 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 people 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?”