All “MMM is a scam, from the word go – History do repeat itself!

MMM cannot sustain paying out more than what is invested. Affiliate investment is the only source of revenue,  So eventfully any  MMM scheme will ultimately collapse., They’ll continue to pay ROIs (return on investments) until withdrawals exceed the rate of new investment, and then run out of money all the same.

One only needs to look at the collapse of MMM China for evidence of what’s to come . Unfortunately for most MMM  investors, the collapse is the end of the line. MMM follows a classic pyramid structure,” The participants derive their income or returns primarily for the recruitment of new members. In other words, the returns are not based on investments or the selling of any product, but on money paid by new people joining. The philosophy is that you offer assistance by paying a joining fee.

How to identify a pyramid scheme
You as an investor must learn to recognise the warning signs that a company is promising the impossible. “As the saying goes, if it sounds too good to be true, then it probably is,”  – be vigilant

The online world particularly has enabled a potentially devastating unregulated digital pyramid scheme market to flourish, demonstrated by the recent collapse of the Republic of Bitcoin arm of MMM Global and MMM China..

“In seductively and flashy worded websites, a lack of control and regulation and the risk of losing everything are presented in a way that seems inconsequential and liberating – even when there are warnings to only invest ‘spare’ cash,”

“While the honeymoon last, members are paid returns on their funds. In reality, very few investments were actually made by any scheme and do they usually inflate returns. Investors eventually losing  everything,

Always ask these questions:

Before entering into an investment, or making an ‘online donation’ with the hope of high returns, ask the following questions:

1. How are returns generated? Legitimate investment schemes are transparent. You should be able to understand the scheme’s underlying assets. Even when derivative structures are used, you should be given enough information to understand your risks and potential returns.

2. How aggressively are you being pursued to join? Legitimate investment schemes generate returns from invested assets, where fraudulent schemes rely heavily on funds from new members to pay existing members.

3. How do returns compare with other similar products? If returns are unusually high, be very cautious.

4. How is the scheme regulated and audited? Regulators and auditors are not foolproof, but the lack of a solid regulatory structure means that no one can hold your scheme accountable for its practices or returns.

If you are not comfortable with any of the answers to your question, you should rather walk away from the scheme.

“This is your hard-earned money, so treat it with care. Do your research and do not simply choose to believe what people promoting a scheme and their website tell you.”

I thought it was said few days ago, that any stuffs on MMM is strictly prohibited on this platform ni?

Nawa o

I allowed it so that people can critique it. To use it as opportunity to educate income opportunity seekers what the scheme truly is. This post also was posted with links but was never allowed.

I have allowed other similar fraudulent posts such as this Invitation to Join the Illuminati, and this Bogus Loan Testimony. Checkout the posts and see how we turned them into better information, providing warnings to our users through the discussions therein.

If you don’t know how things work here, I think it would be important to give yourself enough time to truly understand how we do things here.

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МММ was a Russian company that perpetrated one of the world’s largest Ponzi schemes of all time, in the 1990s. By different estimates from 5 to 40 million people lost up to $10 billion. The exact figures are not known even to the founders.

MMM is a terrible fraudulent scheme that is bound to fail. It failed in Russia and other parts of the world. Now they have found Nigeria another fools paradise with gullible people ready to fall for anything for the sake of immediate gain.

unfortunately Darlington you got this one wrong. a scheme that tells you how it works is not a punzi. and the truth be told, the stories you hear about mmm is not really what happened. i am an mmm guider so i can tell you better