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Home Business News

MMM Moves To Kenya With 40% Return While Nigeria Is In The Cooler

Chacha Wabara by Chacha Wabara
December 15, 2016
in Business News
Nigerians Receive Another Warning As MMM Zimbabwe Crashes
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When the controversial Pnzi scheme, Mavrodi Mundial Moneybox (MMM) froze the accounts of Nigerians a few days ago, several held on to the hope that the action was actually just a suspension as the website claimed. Several explanations have been given by both participants and ‘guiders’ as to why the scheme is still coming back.

However, even the most die-hard of Nigerians will not take the news that the scheme has been launched in Kenya with ease. The Kenyan version tells investors to expect 40% returns after a month, up 10% from the 30% Nigerians were promised.

The scheme’s portal, www.kenya-mmm.net, revealed that it was registered on August 12, 2016 with the address, 133, Sakura House in Tokyo, Japan and an anonymous registrar and already has a Facebook page as well as a YouTube channel.

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Tags: MMMPonzi scheme
Chacha Wabara

Chacha Wabara

Chacha Wabara-Ogbobine is a Legal practitioner with over 9years post call experience. A research Consultant, professional writer and a blogger at heart,owner of four thriving websites with well over 10years of experience. Totally in love with keeping fit and coaching weight loss enthusiasts. I love my quiet time, being with my kids, watching TV series for hours on end.

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Comments 1

  1. Samuel Alpha says:
    December 16, 2016 at 1:29 pm

    Certainly, time has a way of proving all assumption and impressions. Time will still prove the continuity and end of MMM in Nigeria and Kenya. Participation is a conscious deliberate act that is guided by warnings from the Originator (i.e only use spare money, not an investment) the bounty that MMM has to offer should only be enjoyed while it last, bearing in mind that the end must surely come! With no body knowing the time or hour. Every man must enjoy or bear with the consequence of his choice.

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