Nigeria's
No 1 Guider of Mavrodi Mondial Moneybox (MMM), Mr. Chuddy Ugorji, has
reportedly vanished the country with his wife, Amaka to the
Philippines.
Indications
suggest that Mr. Chuddy fled because perhaps he knows MMM might not
be able to pay its participants again.
This is coming days after over 2 million participants of the scheme are still not able to get the money they invested in the scheme even after it claimed to have resumed full time.
Ponzi scheme had earlier blocked the access to requesting for financial assistance, Getting Help (GH) during the yuletide seasons.
This is coming days after over 2 million participants of the scheme are still not able to get the money they invested in the scheme even after it claimed to have resumed full time.
Ponzi scheme had earlier blocked the access to requesting for financial assistance, Getting Help (GH) during the yuletide seasons.
After
a month’s blockade of the access, known as Mavros, the ponzi scheme
announced it had unfrozen the Mavros for its participants to begin
withdrawals.
However,
up till the filling of this report, many are yet to get their money
back, which totals to millions.
Chuddy’s
relocation came barely 24 hours after he released a new set of
conditions for the payment of some three million Nigerian investors
wherein those with little investments are to be paid first before
those who invested heavily.
He
had given the participant, called Mavrodians, the impression that the
Ponzi scheme has started paying the outstanding mavro (money) but it
has turned out to be not entirely true.
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