MMM Issues Important Information to Participants as CBN Intensifies Crackdown

MMM Issues Important Information to Participants as CBN Intensifies Crackdown

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​MMM Nigeria has released a statement guiding its participants following a crackdown on the scheme by the House of Representatives. 

Following the decision of the Central Bank of Nigeria and the House of Representatives to clampdown on the operations of the Mavrodi Mondial Moneybox popularly known as ‘MMM’ in Nigerian, the promoters of the scheme have taken to Twitter to inform its numerous participants on its decision following the myraid of attacks the scheme has faced.

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Through it Twitter page, MMM Nigeria has warned Nigerians to be extra-careful and not to throw caution to the wind while making cash transfers or deposits in order not to fall victim.

Read the information below:

It would be recalled that the House of Representatives recently urged the Economic and Financial Crime Commission to arrest the promoters of the scheme because it is believes the scheme is another scam by promoters to defraud Nigerians.

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