As Nigerians continue to panic over announcement by the popular ponzi scheme, MMM to freeze accounts of its members, new information has emerged about similar occurrence in South Africa.
Earlier today, news went rife across Nigeria that the popular ponzi scheme, Mavrodi Mondial Moneybox, MMM, has frozen the accounts of its members.
Nigerians were thereafter thrown into a sudden anxiety as speculations emerged that the scheme may have crashed after all.
The freezing of the account was made known on Tuesday morning in a disclaimer on the scheme’s website informing them of the move.
However, the promoters of the scheme say it won’t go burst just yet, adding that the setback will only last a month.
Following the freezing of confirmed accounts in MMM Nigeria, some Nigerians began to compare the situation with what happened in South Africa early this year.
According to them, MMM South Africa had issued a message suspending operations in the scheme for one month just like Nigeria, but ended up never returning into operation.
However, in a chat with a top MMM particiP@nt, TORI.NG learnt that this is not the case.
The particiP@nt, who chose not to be named, revealed that MMM South Africa also went through the same 1-month ban like Nigeria, but that it’s back on course.
Also, a quick check revealed that MMM South Africa’s website is still fully functional and particiP@nts are actively taking part in activities.
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