Hey guys, Happy new month in advance to you all… Well to those
of you actively involve in MMM, SEC have something important for you.
SEC on its website, said, “The
attention of SEC, Nigeria has been drawn to the activities of an online
investment scheme tagged ‘MMM Federal Republic of Nigeria (nigeria.). The
platform has embarked on an aggressive online media campaign to lure the
investing public to participate in what it called ‘mutual aid financial
network’ with a monthly investment return of 30 per cent.
“The commission hereby notifies the investing public that the operation of this investment scheme has no tangible business model hence it’s a Ponzi Scheme, where returns are paid from other people’s invested sum. Also, its operation is not registered by the Commission.”
SEC, therefore, advised the general public to distance themselves from the online scheme, adding, “Please note that anyone that subscribes to this illegal activity does so at their own risk.”
“The commission hereby notifies the investing public that the operation of this investment scheme has no tangible business model hence it’s a Ponzi Scheme, where returns are paid from other people’s invested sum. Also, its operation is not registered by the Commission.”
SEC, therefore, advised the general public to distance themselves from the online scheme, adding, “Please note that anyone that subscribes to this illegal activity does so at their own risk.”
I know most of you may still not
agree with the above but please apply common sense… Don’t invest all your money
in MMM. I know that even common sense is not common.
Notice - Beware of MMM Federal Republic of Nigeria
Reviewed by RIDWAN TOMI
on
August 31, 2016
Rating:
Reviewed by RIDWAN TOMI
on
August 31, 2016
Rating:
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