Sergey Mavrodi
For Nigerians hoping to have a
good Yuletide celebrations by cashing out of Mavrodi Mondial Moneybox (MMM),
their plans may have to be revised as the alleged Ponzi
scheme has frozen
accounts of its participants in Nigeria for one monnth.
The operators of the scheme said
in a message sent to all subscribers that the measure was put in place because
“in the New Year season the System is experiencing heavy workload.”
During the period – December 12
to January 12 – none of the participants would be able to ‘get help’ (withdraw
funds deposited with the mandatory 30% interest). But it is unclear if they
would be able to ‘provide help’.
Nigerian government and the media
were also blamed for creating a sense of fear in the minds of MMM subscribers,
which the founder of the scheme Sergey Mavrodi said was due to lack of
knowledge of how MMM works.
“Moreover, it has to deal with
the constant frenzy provoked by the authorities in the mass media,” MMM said in
the message.
In his open letter to the
Nigerian government recently, Mavrodiadvised that MMM should be strengthened to help Nigerians thrive and
redistribute wealth. He insisted that MMM was not shady and that all
participants were informed of the risks involved at the point of registration.
“You say that MMM is bad. Why?
Yes, it produces nothing, but nothing gets out of the country either,” Mavrodi
said. “The money is just redistributed among the citizens of Nigeria. It gets
from those who are richer to poorer ones, in this way restoring social justice.
What”s wrong with that?”
But some participants of the
scheme are not losing sleep over the freezing of accounts, claiming that the
same measure was put in place in December 2015.
Guardian
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