Reasons Why MMM Nigeria Is Not Coming Back

These are the reasons why MMM is not going to be back in January: 

MMM does not have any central account. 

All participants who are now waiting to get help (GH) had provided help which they had already paid directly to other people in the past. MMM itself argued that there’s no central account. If there’s indeed no central account where is their matured mavro going to come from?

Overwhelmed GH

MMM system has calculated that the get help (GH) has overwhelmed the number of provide help (PH). This overload may have happened a month ago and the system had no option than to shut down.

Excess PH Required

Unless there's an excess PH in January, there’s no way the get help group can recoup their money and that happening is very unlikely. The only way out is for the scheme to ask those whose monies are trapped to provide help again. That’s akin to what happened in South Africa and Zimbabwe and we well know where they are now.

Outrageous Bonuses

The outrageous bonuses drained the system of money that would’ve been used to settle new entrants. But the organizers knew all along that it’s a scam so they built a long system of bonuses and cashed out. If the system was simply to help each other why the big bonuses?

When Mavrodians started showing off their ‘wealth’ I knew the end was near. All that show off was to get new entrants but they miscalculated the number of gullible people in Nigeria. Once the limit of people who want to reap where they didn’t sow was reached, the scheme had to crash.

Letter to the Government

That letter sent to the government was the clincher. If MMM doesn’t return in January all the blame will go to the government and the media.