Funds to be released in batches.
Operators of the popular ponzi scheme, MMM, are set to lift the ban it placed on funds in the scheme following outcry by participants of the scheme in Nigeria.
The scheme which many have described as fraud had failed in South Africa and Zimbabwe and was equally banned in China.
According to MMM Nigeria operators, “some Mavro will be released before the 30 days release date probably in batches.”
The fear of the operators is the fear of a run on the organisation when it reopens, which may eventually lead to a crash.
It should be noted that the organisation has no registered address in Nigeria and it is virtually untraceable in case the unexpected happens.