Even if MMM Nigeria returns …

MMM Nigeria returns … 13th of December 2016 will forever remain a date to remember for MMM participants in Nigeria.  News broke that the popular money doubling scheme Mavrodi Mundial Moneybox (MMM) had crashed in Nigeria, freezing the accounts of all its members across the country. This news left the almost  3.3 million Nigerian beneficiaries […]

Again ! MMM founder, Sergey Mavrodi writes Nigerian Journalist

Again ! MMM founder, Sergey Mavrodi writes Nigerian Journalist Late yesterday, MMM founder, Sergey Mavrodi wrote another letter to the Nigerian populace and juurnalist specifically. It reads thus, Dear journalists, “analysts” and all kinds of “experts”! Please stop using MMM to gain cheap popularity. Leave us alone and let us work without interference. I’m just astonished by […]

MMM Nigeria participants panics as MMM Nigeria Freeze members accounts from withdrawing

Very early this morning the news that MMM Nigeria (Mavrodi Mundial Moneybox) has crashed spread like wildfire, sending fear across her members. It also made those intending to join to have a rethink based on previous postulations that this Ponzi scheme will crash sooner or later. Also read – CBN warms against MMM This  Christmas […]


OPEN LETTER FROM SERGEY MAVRODI TO THE NIGERIAN AUTHORITIES Honorable authorities, So far MMM has come under a constant attack from you. In this regard, I would like to ask you a few simple questions. Since you are concerned with the interests of millions of your fellow citizens, I hope that  you would be so […]

CBN warns against MMM

The Central Bank of Nigeria on Monday warned Nigerians against patronising what it called ‘wonder banks’, stating that their activities were not regulated by it. The Head, Consumer Protection Department, CBN, Hajiya Kadija Kassim, stated this during a mentoring programme for students of the Government Secondary School, Suleja, Niger State. The mentoring programme, which was […]