• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

MMM Gives Reasons Why It Removed The ‘Get Help’ Button

Chacha Wabara by Chacha Wabara
January 19, 2017
in Business News
Nigerians Receive Another Warning As MMM Zimbabwe Crashes
Share on FacebookShare on TwitterShare on Linkedin

Nairametrics| Since its resumption of ‘business’ on January 13, 2017, Mavrodi Mondial Money, MMM, has not been a popular movement as several of its participants have been complaining of several anomalies usually not associated with the Ponzi scheme’s operations last year. These include delays in ‘pairing participants’, allocation of a daily withdrawal limit and now, the disappearance of the ‘Get Help’ button from the dashboard of several of its members.

However, the scheme’s administrators, whoever they are, have said that there is no cause for panic as the button was not cancelled but just removed for some reasons, a few of which are listed below.

First, MMM claims it is undergoing a systems upgrade to its promised ‘New Model’ which required that the button be removed. “There is an ongoing upgrade because programmers are always working on the MMM system every day so the promised New Model can be unveiled as soon as possible. You might notice earlier this morning; the login Captcha was showing alphanumeric as against the numbers until it restored to numbers later today.” a message to its participants read.

RelatedStories

EFCC: Achimugu’s case unrelated to Atiku, Sanwo-Olu, agency says

EFCC arraigns Ponzi scheme director Precious Williams over alleged N13.8 billion fraud  

June 17, 2025
Securities and Exchange Commission (SEC) building

Ponzi scheme: SEC warns Nigerians against investing in PWAN MAX 

May 6, 2025

Secondly, it cited the habit of some participants of cancelling their GH orders and creating new GH orders hoping they will be matched earlier as another reason why the orders were removed. They claim that new orders cannot be made as old withdrawals are pending. “There is no cause for any alarm over the removed GH orders, if you check your Mavro, you will notice the value of the removed GH order has been restored and had also increased though it is still showing pending withdrawal.” the scheme claims.


Follow us for Breaking News and Market Intelligence.
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.

Related Posts

EFCC: Achimugu’s case unrelated to Atiku, Sanwo-Olu, agency says
Crime and Insecurity

EFCC arraigns Ponzi scheme director Precious Williams over alleged N13.8 billion fraud  

June 17, 2025
Securities and Exchange Commission (SEC) building
Legal & Regulations

Ponzi scheme: SEC warns Nigerians against investing in PWAN MAX 

May 6, 2025
Why do Nigerians fall for Ponzi schemes every time?
Markets

Resisting Ponzi schemes in Nigeria

April 18, 2025
Charles Ponzi
Op-Eds

Why any offer with the word “trading” or “guaranteed” is a Ponzi by Kalu Aja

June 4, 2024
Ponzi Scheme
Exclusives

Inside “PHEBELLA”, “RIO TINTO”, “TECK”, the new Ponzi Schemes promising tantalizing returns

September 16, 2023
Ponzi scheme: police arrest Bamise Ajetunmobi, produces him in court
Business News

Ponzi Scheme: Police finally arrests Bamise Ajetunmobi of Imagine Global Holding, arraigns him

March 17, 2023
Next Post
Analysis: Is This The Right Time To Buy Access Bank?

Corporate Action: Access Bank Appoints Executive Director

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

arco
arco
access bank
nairametrics
first bank









DUNS

Recent News

  • Naira strengthens to N1,455/$ as foreign reserves hit $42.8 billion 
  • Aradel Holdings acquires 40% ND Western, deepens upstream footprint 
  • FMDQ Exchange lists N30.05 billion fresh Commercial Papers in one week 

Follow us on social media:

Recent News

Hand holding Nigerian Naira banknotes fanned out, representing currency exchange or financial context

Naira strengthens to N1,455/$ as foreign reserves hit $42.8 billion 

October 24, 2025
Analysts issue ‘Buy’ recommendation for Aradel Holdings, project 12-month target price  

Aradel Holdings acquires 40% ND Western, deepens upstream footprint 

October 24, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics