The following are my questions to the subscribers to MMM popularly called Mavrodians.

1. Where do you think the money you are collecting through MMM is coming from?

MMM claims not to be a business and not an investment, so where do you think the 30% return which excites you so much is coming from?

2. Do you know what a Ponzi scheme is?

I have to ask this question because of those who defend MMM with the claim that they have made money from it. To be the clear, a minority will make money from Ponzi schemes being the early adopters that help to create the exponential growth. However, the latter subscribers are the ones that lose greatly. If you understand this, you will not present this argument as evidence for MMM not being a fraud.

3. Where did you get the money you invested in MMM from?

You could not use that money in any legitimate business?

I ask this question because many MMM subscribers behave as if they were incapable of earning money before MMM came.

4. Is it that you don’t understand that governments across the world are duty-bound not to allow a Ponzi scheme started by an ex-convict that has scammed people across the world operate freely within their countries?

This one is self-explanatory, Sergey Mavrodi the main brain behind MMM is an ex-convict. He got convicted for scamming Russians with a precursor scheme to MMM.

5. Explain how MMM is a revolutionary idea that commercial banking should be afraid of?

MMM subcribers are quick to tag banks as stealing from their customers while MMM is the solution for the masses. Curiously enough, they pay into each other’s bank accounts; curious to say the least.

6. Do you understand that wealth is created based on the value you create not through this system operated by a few people to rob people of their money while leaving them in the lurch?

Let us say all of us joined MMM, where would productive output come from?

7. Did you anticipate that your ‘investment’ (sorry, your ‘Mavros’) could be frozen without you having any say on what happens next?

I am sure many ‘Mavrodians’ did not expect this December debacle, but we are here.

8. Do you agree that as a promoter of the scheme, you are quite dubious because you are seeking to reap bountifully at the expense of others when the scheme crashes?

Note I wrote ‘when’ not ‘if’

9. Do you not worry that you could have a hand in the death or grievous harm happening to people who could lose money from MMM and become suicidal?

We already have reports of some people taking poison because their money got frozen this December.

10. Do you understand that you are effectively using time that you could use for productive activity to promote a questionable scheme at best?

If you understand that time lost is irrecoverable, why waste it?

Your answers and feedback are quite welcome.

Source: Opinions.ng

CYRIACUS IZUEKWE

A 27-year old self-confessed cultist, Chibuike Samuel Ibenye has said that his greatest mistake in life was the day he joined Aiye secret cult with the false assurance that he will make money as a member.

Ibenye said it turned out that the group does not have such means to make him rich as his condition worsened and he ended up carrying loads for traders at market.

Ibenye was paraded by the police after he was arrested with arms such guns, axes, cutlasses, live ammunition loaded in the vehicle for an operation in Isashi area of Lagos.

An Orlu Imo State-born Ibenye revealed that when he realised that he had been deceived by joining the cult, he attempted to leave but was told it was impossible or he will pay the price with his blood.

He said all the hopes to become rich and promises made to him before he was initiated turned out to be fake, instead they sent him for supremacy fight between the rival cults in the area.

He said he had no visible means of livehood as he only squats in Isasi garage carry goods for customers while waiting for when their leader, identified as Fidel, will send them to the battlefield to fight opponents.

He said because of the cult, he had severed relationship with his family and when he ran into this trouble, his father who is a popular auto dealer refused to come for his rescue.

Ibenye, who claimed to be remorseful, said “if by the Grace of God, I was freed, I will change my entire lifestyle and live responsibly because I have learnt my lesson”.

Ibenye was arrested by the police with another member, Lekan Olawori after the police searched their vehicle and saw loads of weapons inside it.
Chibuike with co-suspect, Lekan.

They were initially arrested and suspected to be armed robbers but on further interrogation, it was discovered they are members of Aiye cult.

At the police command, where they were paraded, the Commissioner of Police. Mr Fatai Owoseni said they will be charged to court after investigation.

– PM Express

Another 21 of the kidnapped Chibok Schoolgirls have regained freedom.

According to a report by the Federal Radio Corporation of Nigeria (FRCN), the girls were brought to Yola International Airport in Yola, Adamawa State capital around 3 pm on Thursday.

The report did not include any more information, but said that the girls were en route Abuja to be presented to the president.

There is no official statement from the presidency.

The girls were part of more than 270 kidnapped Chibok schoolgirls held since April 14, 2014, by Boko Haram. Over 50 of them escaped on the night of their kidnap. 21 of them were released on October 13 in a deal brokered by the International Committee of Red Cross and the Swiss government.

After the release, the federal government said that the terrorist sect was willing to negotiate the release of more girls.

We reported on Wednesday that the Lagos State Governor, Akinwunmi Ambode and his Kebbi State counterpart, Alhaji Atiku Bagudu, launched the much anticipated Lagos-Kebbi Rice christened LAKE RICE, saying that the partnership which culminated into the launch was not only designed to ensure food security but showcase the ability of Nigeria to become a producing nation.

Giving a breakdown of the prices, Governor Ambode said that while the 50kg will sell for N12,000, 25kg would go for N6,000 and 10kg for N2,500, adding that for now, an individual would only be allowed to purchase a bag to enable it go round.

Below are the designated zones where you can benefit from this special offer which is selling fast;

A 21-year old man, Tosin Lamidi who burgled a woman’s apartment and stole her laptop and phone, has been arrested after the victim, Gift Nseobong contacted him and offered sex to him in exchange for her sim card in Lagos.

The burglary took place at 8 Mutiatu Okesalu Street, Ikotun, Lagos where Nseobong resides.
Lamidi was arrested at Ikotun Roundabout where he arranged to meet Nseobong to take her to a hotel as they agreed.
He was arraigned in a Lagos Magistrate’s court sitting in Ejigbo where he was remanded in prison custody at Kirikiri, Lagos.

P.M.EXPRESS gathered that Lamidi allegedly broke into Nseobong apartment, stole the items, sold them and retained the sim card and started using it.

However, when Nseobong bought another sim card and tried the number of the stolen phone, Lamidi picked the call. She engaged and pleaded to the suspect to return the sim card because of the contact numbers in the Sim card which are so important to her and offered to do anything in return.

Lamidi then gave her condition which involved that he would sleep with her before he can release the sim card to her and she agreed.
They arranged to meet at Ikotun roundabout from where they will move to a hotel for a sex romp.
However, that decision was what landed Lamidi to prison as he was arrested and taken to the police at Ikotun division where the sim card was retrieved.

He was charged with conspiracy and stealing under the Criminal Code.

He pleaded not guilty.

The presiding Magistrate, Mrs J.O.E Adeyemi granted him bail in the sum of N50,000 with one surety in like sum.

He was remanded in prison custody pending when he will perfect his bail,

The matter was adjourned till 30 January 2017