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MMM Nigeria has once again frozen accounts of some of its participants. It made an announcement on Wednesday, February 22.
The statement reads:
“You constantly reproach us stating we don’t listen to your opinions however we really do. We try to carry out the most reasonable and efficient suggestions immediately.
Particularly, in accordance with your suggestions, we will soon take the following measures:
We will stop the growth of confirmed Mavros acquired before the 1st of January 2017.
We will freeze the bonuses received before the 1st of January 2017 (so that limited withdrawal of Mavro-2016 will include only contributions, not bonuses).
We will introduce a new rule according to which the withdrawal amount cannot exceed triple amount of the provided help (so, GH cannot exceed PH more than in 3 times)”.
Recall that in November 2016, the ponzi scheme first froze the Mavros of its participants, raising anxiety and controversy on whether it would ever pay back to Nigerians the millions of money they invested in it.
However, after a month’s later, it announced it had unfrozen the Mavros but ever since its return, the participants are yet to get either their invested capital back nor the promised returns on them.
Promoters of the scheme were equally not resting on their oases in constantly convincing their down-liners whom they introduced into the scheme that it would come back to status quo ante. But, almost two months since its return, the members kept receiving information about planned changes in the scheme.
While others have had suggestions of forgoing the money they invested before 2017, others have been told to keep investing in order to have access to withdrawals.