Couple who invested over N2m in MMM, others lament...see what happens to MMM acc

Mavrodians, the name of account holders in
MMM Nigeria, are still unable to get paid a return
on their investment more than 96 hours after the
Ponzi scheme returned.
TheCable quoting some MMM participants said
that although they were able to request for their
money, they have not been paid as the system is
still frozen, just as it was in December 2016.
Kolade Ogunwande, who said he put in N100,000
in November 2016, and referred two other people
to the scheme, said his money had appreciated to
N214,000 as of Friday, so he immediately request
for it.
“They have not paid me anything, but they said
we should be wait patiently to be matched with
participants willing to invest in MMM. I have no
choice than to be optimistic,” he told TheCable.
Lara Makanjuola, who also invested N100,000 in
the scheme, said she was expecting N186,000,
but she had not been able to request for her
money.
She said anytime she requested to get help, the
website said “mavros are not available for
withdrawal”.
“I was supposed to collect my money two days to
when accounts got frozen, but the person I was
matched with didn’t pay.”
An Abuja-based couple, who requested not to be
named, invested over N2 million in the scheme;
they have also not been able to withdraw their
money.
As of Monday, when any participant sought to
withdraw, the website put up a message that
linked them to its previous freeze message,
below:
“As usual, in the New Year season the System is
experiencing heavy workload. Moreover, it has to
deal with the constant frenzy provoked by the
authorities in the mass media.
“The things are still going well; the participants
feel calm; everyone gets paid – as you can see,
there haven’t been any payment delays or other
problems yet – but!.. it is better to avoid taking
risk.: (Moreover, there are almost three weeks
left to the New Year).
“Hence, on the basis of the above mentioned,
from now on all confirmed Mavro will be frozen
for a month. The reason for this measure is
evident. We need to prevent any problems during
the New Year season, and then, when everything
calms down, this measure will be cancelled.”
Mavrodians, as MMM participants are called, are
optimistic that their pay will come through,
considering, the scheme’s last message of “hope
for the poor”.
In the message, MMM said it “will only pay a
certain amount per day”.
“Please, be prepared to wait for a couple of days.
We are certain things will then calm down, and
the System operation will return to normal,” it
said.