MMM Nigeria confirms lifting of mavro limits
MMM Nigeria confirms lifting of mavro limits
Mavrodi Mondial Moneybox (MMM) Nigeria has assured members that the scheme is coming back to normal and that all limits for Mavro acquired in 2017 have been lifted.
The Ponzi scheme which is said to have about three million investors resumed operations on January 13 after a month freeze. Since then, it has been one story after the other trying to calm members down and assure them that things will soon get back to normal
Despite the assurance, there is still panic as participants have not been able to get back the money they invested in the scheme before it froze in December 2016.
Last week, MMM Nigeria released a statement informing members that all limits for mavros (money) acquired in 2017 have been lifted while those acquired in 2016 remain under restriction. Members were asked to PH (provide help) in 2017 which will enable them get their 2016 mavros faster.
The money doubling scheme has released more updates on the issue following its guiders meeting. Below are the highlights from the meeting.
1. You can withdraw mavro 2016 but it's still under limits. Limits for 2016 going higher depends on how MMM participants handle things at this stage.
2. Mavro 2016 will remain frozen and will be unfrozen for only those doing promo tasks. With promo tasks MMM will be able to get new participants and new PH and let us pay people their money. Promo task contests will be launched this week and rewards will be given.
3. If you PH 10% you will get 10% of your mavro 2016, if you PH 100% you will get 100% of Mavro 2016.
4. Programmers are working to ensure that GH will no longer exceed PH but it will take some time to implement it.
5. Give your suggestions on how promo tasks can be used to get limits off mavro 2016. All suggestions will be reviewed.
6. Guiders are duty bound to hold seminars and share screenshots of people paying to encourage others. If you are not active, your guider status will be taken away.
7. GH orders will be matched. Be patient.
Some MMM members are tired of all the stories and are now calling the money doubling scheme a scam.
Last week, a Mavrodian (MMM participant) identified simply as Mike said it was obvious the scheme is dead but nobody wants to say the truth which is that MMM will not pay the 'old mavro again.
Also, some of the guiders have started to quit. Recently, one of them said it is obvious the scheme has failed and he is surprised that some members have refused to accept this obvious fact.
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