Nigerians are looking at the humorous side of the possible crash of the hugely popular pyramid scheme, MMM Nigeria.
Many Nigerians were thrown into panic in the morning as the popular pyramid scheme, Mavrodi Mundial Moneybox, MMM, shared a confusing message on its website stating that it has frozen all confirmed Mavros, otherwise known as money due for withdrawal for one month.
Soon after the news that the platform had frozen all accounts from Tuesday, December 13, 2016, many Nigerians took to Twitter to express their feelings about the phenomena, the reactions of others, the economy in recession, and so much more.
Meanwhile, Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission, EFCC, has replied a Nigerian who accused the agency of “doing nothing” in the face of a possible crash of the wildly popular pyramid scheme, MMM.
“If it looks or sounds too good to be true, it almost always is. Do NOT patronize wonder banks. Protect yourself,” the commission tweeted.
Here are some of the most hilarious reactions from Nigeria.
Why is everytin in buhari regime crashing?
Now MMM Nigeria has crashed
— Michael Quint (@anolysis81) December 13, 2016
Those people laughing at MMM Nigeria participants pic.twitter.com/agAZRWcN9b
— Evangel the Phoenix (@oh_nixx) December 13, 2016
The devil comes to steal, kill and destroy.
Story of MMM Nigeria…..
— Spunky #United❤ (@Hunky_Bug) December 13, 2016
— Olayinka A. (@olayinka321) December 13, 2016
Guys That Use Agbami Scholarship Or Total Nigeria Scholarship To Do MMM Are In Trouble ???
— AKINLOLU. (@TheUberDoctor) December 13, 2016
— ♠ L A D E G A ♠ (@oluwaace) December 13, 2016
At least now I can go to the bank, do my transactions with less crowd….. MMM Nigeria oooooshe baddest. ?????
— Miguel (@miquaelX) December 13, 2016
Someone said his tea ☕ started tasting like YoYo bitters, after someone told him MMM Nigeria has been suspended till January ??????
— Kennykoolz (@koolz2) December 13, 2016
How are these guys of MMM Nigeria feeling now? pic.twitter.com/DtRSNBCmsM
— IG: graceyaks (@GraceYaks) December 13, 2016
Not a single soul in Nigeria invested in MMM with the aim of helping another person other than themself. Be realistic. https://t.co/eXiUqseCnA
— The Boy. (@Amaechi__) December 13, 2016
If MMM isn't being discussed in your office today, is your office really in Nigeria?
— ساحر (@Sirkastiq) December 13, 2016
SA MMM frozen since May 2016. Hopefully, it won't take that long in Nigeria. We don't have stable electricity to keep things frozen 4 7 mths https://t.co/jtz4j5qyyJ
— adedotun eyinade (@omotisa) December 13, 2016
so a church in uyo crashed on saturday,now MMM crashes on tuesday…,oh nigeria!!!..
— mark (@markmega) December 13, 2016
— RED-EYED DREAM CHASR (@DarmieOlaleye) December 13, 2016
We were suffering together as we are used to in this nigeria, all of a sudden, some of you started cutting corners to get rich quick wit MMM pic.twitter.com/b39TU0BM3v
— Mu'awiyyah Muye (@P_Muye) December 13, 2016
When you realize that You almost sold your father's car for MMM Nigeria, and it later crashed.
Me: Eleda mi oooo, Ori iya mi ooo pic.twitter.com/4sLIbMCDyQ
— AroTM (@aro_tm) December 13, 2016
But MMM Nigeria shaaa..they aren't conceding defeat o. They are still convincing Nigerians to continue providing help. Shior!!!!
— BaD gAng (@UB_Jackson) December 13, 2016
Someone mentioned that MMM Nigeria is doing a one month #mannequinchallenge. For the sake of a lot of people, I hope this is a joke.
— Meg Reuben (@Scheenel) December 13, 2016
— Pekini News (@pekininews) December 13, 2016
And the Balon D'crash goes to ……..MMM Nigeria. Ultimate cycle sorry we almost thought you will win. ???
— Miguel (@miquaelX) December 13, 2016
MMM Nigeria My homie just pushed in 50K about a week ago. My minds free like the air, I advised his stingy ass?
— Mr Shepherd (@Shepherd_O) December 13, 2016
The operators of the scheme said in a message sent to all subscribers that the measure was put in place because “in the New Year season the system is experiencing heavy workload.”
This means, all the accounts of members who are due to be paid after having ‘provided help’ (PH) to another person since the last month have been frozen and hence, have no access to request for payment, known as ‘Get Help’ (GH) until after one month.
All members woke up with the shock message displayed on the screen as soon as they logged into their accounts. Giving reasons for freezing the Mavros, the scheme said it is experiencing heavy workload and want to deal with the attacks coming from the country’s mass media.
It also said it wants to prevent hitches in the coming new year hence, the freezing of the access to requesting for payments even when such person is due for payment. mmm freezing notice mmm freezing notice The message read thus.
One-Month Freezing of Confirmed Mavros
As usual, in the New Year season the System is experiencing heavy workload.
Moreover, it has to deal with the constant frenzy provoked by the authorities in the mass media.
The things are still going well; the participants feel calm; everyone gets paid – as you can see, there haven’t been any payment delays or other problems yet – but!.. it is better to avoid taking risk.:-)) (Moreover, there are almost three weeks left to the New Year.)
Hence, on the basis of the above mentioned, from now on all confirmed Mavro will be frozen for a month.
The reason for this measure is evident. We need to prevent any problems during the New Year season, and then, when everything calms down, this measure will be cancelled. (Which we will definitely do.)
We hope for your understanding, Administration