Less than 48 hours after popular Ponzi scheme in Nigeria, MMM announced that accounts of all its participants have been frozen for one month, one of its guiders, simply identified as Chuddy Ugorji, has come out to clear the air on why the decision was taken.
Operators of MMM Nigeria had on December 12, 2016, sent a message to all its participants that all confirmed Mavro will be frozen for one month due to panic and heavy anti-MMM reports by the Nigerian media.
“When everything calms down, this measure will be cancelled,” the message had read in parts.
Instead of calming nerves of its participants, the move created a lot of panic among Nigerians as many believe the scheme has technically crashed as envisaged by many.
But the scheme’s number one guider, Chuddy, has come out to clear the air on the development through a message he posted on MMM website.
“Hi Mavrodians, As we all must have seen in our PO of the news on Mavro frozen for a month. This isn’t the first of its kind. It happens when there are excess PANIC in the system,” Chuddy wrote on the MMM Nigeria website.
He added that the brief ban was also placed on Zimbabwe and after the duration it was lifted.
The MMM guider revealed that the “idea is brought forward to calm the members down on intending threat the FG and Mass media has planned on the system.
“It doesn’t mean that there is no more money in the system because in my PO now as a guider, I have about 2million+ PH orders. And I know it would be like that in most Guiders PO too. So you see!!! Money to pay out the orders wouldn’t be a problem.
“But the Admins needed to apply measures to sustain the growth of the system. In order to fight issues that may arose as a result of Massive PH already this Christmas.”
He said issues like uploading of fake POP, non confirmation of orders and the rest also contributed to the short ban on mavro growth.
“We all need not panic as our money is in safe hands. Check out your Mavros and you see your money is intact both for 30% bonuses and 20% accrued bonuses
“You can keep PHing if you have the money, though you will definitely not be matched until Mavros are unfrozen. But that will really go a long way for you as your PH made this December will surely be giving you extra 20% after paying out next year.”
