Deltan participants in the controversial Ponzi scheme Mavrodi Mondial Movement (MMM) have protested their unpaid financial investments few weeks after the scheme resurfaced to abr*ast its overwhelming customers its readiness to pay those who invested their money, Leadership reports.
The protesters, many of whom market women and local traders including some youths in Asaba, its environs, yesterday around Abraka-Asaba area where they were seen holding meeting on way forward to recover their money, told a reporter they were loosing patience on the MMM promises that were never fulfilled almost a month it claimed to have resumed in full swing.
Leader of the group, Felix Okafor explained that their patience snapped a week after resumption of service and promise to begin payment by MMM, adding that although, there was evidence that a few low-term investors had been paid, but thousands of others across the country, including those whose applications were yet to be attended to, have been running out of patience.
According to Mr. Okafor, “We are running out of patience and our anger is on those brains behind the scheme for the frustration in accessing our funds,” alleging that there may be no hope on sight soon for their payments following the alleged fresh challenges the scheme claimed to have been faced with recently.
The protesters who rained curses on the MMM founder, broke into tears as they wept profusely that their money may be trapped adding “we may be finished, we are yet to get our money paid, MMM had swindled us. It will not be well with the MMM Founder”. Unless it makes refund as soon as possible, while others who claimed to be traders, said they invested their business money.
One of them, Kate Okafor, said: “I really need help. I provided help of N50,000, now I made a request to get help. The request was processed, but I have not being matched with another participant who will pay me. They won’t even pick my calls. So my money is lost, isn’t it?”
Another, Harrison Ita Etim, posted: “I am still in the same poo, too, till today!” On her part, Owhotemu Maryjane said: “What is really going on with MMM? If it’s gone, you should let us the participants know. And why is that when someone wants to GH (get help), it will show or create error? You guys had a month to sort this out during the so-called break! So, what, then, is this so-called withdrawal limit that you are now talking about?”
From Santos Maemi came this: “To all Nigerians, please wake up. This is totally a scam. Don’t be blind”.
Yet another participant, Christopher Chinedu, said: “If I know that this would happen, I shouldn’t have become a participant . Let’s admit we have lost our money. That is business, I guess close or gain.
Somebody has been matched with different people, four, to be precise and they have not paid him now, many days and months after. Hmmm! So, who is going to pay who? I think I have cried enough; it’s time for me to clean my eyes now and forget my N700,000.
Sola Abiadakun, another participant, who provided help in November and asked for help on January 13, said he was matched with four persons but only two paid. “I was only paid N4000 and N10,000, leaving two failed transactions waiting to be rematches,” he said.
However, top guider of the scheme, Bode Wilson, while explaining the reason for delayed payment, said that the number of people requesting for payment was higher than the number providing help. “They have started matching people, but there will be delay in payment, especially for those that pledged huge amounts of money”, Wilson said.
A lawyer, Lawrence Egodike, warned that participants in the scheme may not be able to recover any money lost in the scheme because of the anonymity the business is shrouded with.
Egodike said: “who do you sue? You don’t see the person you are going business with; you can
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