Monday, 26 September 2016

Tears as MMM Zimbabwe Crashes, Millions of People Loses Money

Mavrodi Mondial Moneybox (MMM) Zimbabwe, the Zimbabwean segment of ponzi plan making the rounds in Nigeria has CRASHED.Tears as MMM Zimbabwe Crashes, Millions of People Loses Money


Zimbabweans joined the online investment scheme with the sole aim of “getting rich quickly”. It was said that the Reserve Bank of Zimbabwe warned its people about the system, saying the scheme was fraudulent.

As per report, MMM in Zimbabwe a couple of weeks back halted withdrawals, causing its collapse.

A huge number of individuals, among them government workers, sellers and MORE, allegedly lost a huge amount of dollars (which means billions, trillions of the neighborhood currency) to the fake online fraudulent business model. This is regardless of the notice the nation's legislature against putting resources into the plan.

The same circumstance gets in Nigeria. Some are adamant that the plan is genuine in spite of caution from government to halt from it.

MMM South Africa had additionally in May 2016, with the organization saying that it was a media freeze and said it was 'beginning once again'.

In January 2016, the Chinese government banned MMM because it is a Ponzi scheme.

1 comments :

Hello, I will do my best to explain wot really happened in MMM Zimbabwe in order to calm panics in d mind of misinformed MMM participants.

MMM Zimbabwe offers 100% mavro growth in 30days. This was implemented to attract participants due to the economic hardship in the country. This mavro growth for those of us in business is called market penetration. Again their mavro was never frozen just like ours in Nigeria which multiplies for 15 days and also freezes for that long before withdrawal. What happened in Zimbabwe is an implementation of what is already going on in Nigeria. MMM has seen that they don't need no market penetration to attract participants. They mavro growth was reduced from 100% to 20%. 10% below what we are getting in Nigeria(30%). And the mavro is also frozen for 14days just as its been done in Nigeria. The Nigerian Model works perfectly fine and MMM is trying to implement it globally. So there is no collapse of any structure, its just a remodelling of what is already in place in Nigeria
Again this is what happened in south African in April. They reduced their mavro growth from 50% or so to 30% and 20% with other schemes like lotteries introduced. And I can categorically tell you that the South African Mmm community is growing faster and better than ever after that change and reduction in mavro growth.
Some other points to note is: The writer of that piece, has absolutely no knowledge of how mmm works, and the main aim of it is to cause panic. Zimbabwe MMM is still going on even with the 80% decrease in mavro growth. Did anyone lose their money? No. What happened is when u pledge 10k, instead of getting 20k reward in 30days, which is 100% reward, u get 12k which is 20% reward. They are still rewarded with 2k. In Nigeria we get 3k reward for 10k pledge. So did anyone lose their money? Absolutely not. Has it stopped MMM Zimbabwe from continuing? Not at all.
The Nigerian Model of MMM Works perfectly so let's keep it going?

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