Over 100,000 Nigerians re-enter MMM Ponzi scheme as poverty bites

Over 100,000 Nigerians re-enter MMM Ponzi scheme as poverty bites

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Mavrodi Mondial Moneybox (MMM) Cooperation, the Russian Ponzi scheme that had many Nigerians’ monies trapped about two and a half years ago, is back. The financial pyramid scheme reopened its operation in Nigeria in the past six months, according to BusinessDay findings, and participants are being offered between 30 percent and 50 percent returns per…

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