- Sergey Mavrodi, the MMM founder, has
reportedly written an open letter to the federal
government about the benefits of the ponzi
scheme
- Mavrodi assures the President Buhari-led
administration that the scheme won't fail
despite widespread reports that it would soon
MMM founder Sergey Mavrodi has assured FG
that the scheme won’t fail.
The founder of ponzi scheme Mavrodi
Mondial Movement (MMM) Sergey Mavrodi is
reported to have written a letter to Nigeria’s
federal government.
READ ALSO: Any Christian who plays MMM or
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News Agency of Nigeria reports that the open
letter was displayed on the page of all
participants in the scheme.
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In the letter Mavrodi listed the benefits of
the scheme and urged the President
Muhammadu Buhari-led administration to
embrace the movement because of its many
benefits through which it is helping
Nigerians.
He noted that the government would leave
the scheme alone to keep helping Nigerians
if it knew how well it was catering to
people’s welfare.
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Mavrodi revealed that over 3 million
Nigerians were already on the scheme.
He also shot down arguments that the
scheme would soon fail and noted that with
just 3 million Nigerians, the scheme has run
for about a year and with many more
Nigerians still left, there is no way the
scheme would fail.
Mavrodi's letter comes just days after one of
Nigeria's banks wrote to its customers ,
advising them to stay away from the scheme.
The banks letter follows the warning by the
CBN that Nigerians should stay away from
the scheme. Federal lawmakers also tried to
stop the scheme with directives that its
promoters should be detained by security
agencies.
Mavrodi’s FULL letter
Open Letter from Sergey Mavrodi to the
Nigerian Authorities
Honorable authorities,
So far MMM has come under a constant
attack from you. In this regard, I would
like to ask you a few simple questions.
Since you are concerned with the
interests of millions of your fellow
citizens, I hope that you would be so kind
to answer them. What are you trying to
get? Do you want the MMM System to
collapse and millions of people to suffer?
Who will support them then if now MMM
is their only means of livelihood? Will
you? You even don’t pay wages to
people? Or might you not care about
them?
Might you be using a trendy topic to
make a good name for yourselves? What
will you say to a mother who will have no
money to buy food for her child? Will you
let her child die for the sake of the higher
interests of the economy? You say that
MMM is a scam. What is the scam here, if
all members are warned in advance about
all the risks, the possible and impossible
ones? They know there are no
investments at all.
The warning is a red text on a yellow
background placed on most prominent
place of the website. You say that MMM is
bad. Why? Yes, it produces nothing, but
nothing gets out of the country either.
The money is just redistributed among the
citizens of Nigeria. It gets from those who
are richer to poorer ones, in this way
restoring social justice. What”s wrong
with that?
You have repeatedly stated that “it should
be investigated!.. researched!..” It means
you know nothing about this System yet;
you even haven’t understood how it
works……… And finally. If you know what
is right for people, why is the life so bad
in the country? Sincerely yours, Sergey
Mavrodi P.S. As for your statement that
“everything will collapse soon”.
The system has been working in Nigeria
for a year, and according to your
estimates, the total number of members
now is about 3 million people. In Nigeria
the population is approximately 195
million. Can you calculate? Will it be
“soon”? :-))
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