It is no
longer news that MMM Nigeria has crashed but what had eluded the news is the
people whose actions actually led to the crash of the popular Ponzi scheme.
Every participant who put their funds into the Ponzi scheme has been calling
for the head of Mavrodi, however, as an observer I sat down, analyzed and
finally was able to fish out the real major culprits who should be blamed for
the crash of MMM Nigeria.
1 The MMM Nigeria Guiders:
As a guider
in MMM Nigeria, you get 10% of the help provided from every downline or
referral that are duly registered. This means that if you as a participant is
to provide help of N100,000 your guider will get N10,000 richer. Now, a guider that
has about let’s say 100 downline for example and each of the downlines are
providing help of N100,000 that means that the guider will get N10,000 X 100=
N1Million each month for doing nothing. So cool right? Wrong!! Pulling out such
huge amount will lead to a major financial strain on the system, that’s why a
lot of people couldn’t get help anymore.