Popular Ponzi scheme MMM Nigeria which started operations in the country in Nigeria, is now more popular than Facebook.
According to the Alexa, the website of MMM Nigeria now ranks higher than the popular social networking site. MMM is the fifth most visited site in the country while Facebook is now the sixth.
Despite the
revelation that MMM is a Ponzi scheme and CBN advising Nigerians not to
invest in it, MMM has grown in popularity as more Nigerians are signing
up.
MMM Nigeria donated
relief materials worth N5 million to two Internally Displaced Persons
(IDPs) camps in the Federal Capital Territory.
The News Agency of Nigeria (NAN)
reports that the gesture was part of the community’s humanitarian week
tagged ‘MMM cares’ to mark its one year anniversary on Saturday,
November 19, 2016
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Some displaced people in an IDP camp(Abuja Facts)
The
Gwoza and Bama IDP Camp located in Durumi area and the New Kuchingoro
IDP camp were the two beneficiaries of the relief materials.
Bags of rice, beans, Garri, as well as cartoons of beverages and noodles, were some of the items donated by the group.
The group also donated clothing, drugs, and educational materials for the pupils among them.
The
Economic and Financial Crimes Commission (EFCC) is investigating the
Mavrodi Mondial Movement (MMM) investment scheme, its spokesperson has
said.
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EFCC boss, Ibrahim Magu(flairng)
EFCC spokesman, Wilson Uwujaren, also spoke on the House of Representatives order to shut down the scheme.
“We
can only arrest people based on the evidence that we have. The House
made a resolution but the resolution is a public announcement,” Uwujaren told Daily Post.
The Central Bank of Nigeria (CBN) had earlier warned Nigerians not to participate in the scheme.
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