MMM participant buys Lexus jeep

While the Federal Government continues to investigate activities of ponzi scheme MMM Nigeria, one man has decided to spend his returns on a Lexus RX 330 SUV. The man named Potokri Forgive shared photos of his new automobile on his Facebook page while he advises his friends to invest in the scheme.

He wrote “ God bless MMM Nigeria, New Lexus 330 to my garage, ” as he shared several photos of the black SUV. Millions of Nigerians are currently active on MMM as the financial scheme promises investors 30% on investment which matures in
simply 30 days.

MMM in trouble? House of rep orders investigation

Members of the House of Reps have ordered its committee on Banking, Currency, and Financial Crimes to investigate the activities of Mavrodi Mondial Moneybox (MMM) scheme in Nigeria.

According to the Speaker of the House of Representatives, Yakubu Dogara, the house called for the investigation following growing concerns that the scheme is a scam.

They worry that the scheme in Nigeria is not being regulated by any financial regulatory body and that many Nigerians may lose their investments like other participants of the scheme in Russia that have previously lost their investments. See more tweets below…

   

Why MMM Lectures Could Hold Inside RCCG Parishes-Pastor Adeboye

General Overseer of Redeemed
Christian Church of God, RCCG, Pastor E.A Adeboye, has said the Church is meant to take care of all aspects of members life, both spiritual and physical and not one
sided as against the opinion of some people that the church is turning to a market place. He made this reaction days after outspoken OAP, Freeze called him out over the activities
of some of his parish pastors who allowed marketing of money lending/interest platform called, ‘Mavrodi Mondial Movement’ (MMM) inside
one of the parishes of Redeemed church during a Sunday service.
One of Daddy G.O’s media aides, Pastor Olakunmi Oyewale , told Celeb Police on Thursday November 3, 2016, after the complain got to the hierarchy of the church that is not
absolutely wrong to do so if it’s not against the law of the country and if the purpose is to empower the members of the church.
“It depends on the purpose. If it’s actually to empower the people of the church, I don’t think
there’s anything wrong with that. I saw something similar to that MMM you mentioned online, facebook, but I’ve not been able to analyse it very well. If it’s not against the law and it’s not something that is dubious, but to
empower the church I don’t think it’s bad because, you should understand that the church is not just about taking care of the spiritual needs of the people alone. The church cuts
across every spheres of the member’s life and so far it’s not something that’s illegal or something that is not unscriptural.”

On the allegation of turning the church to a market place, Pastor Olakunmi said, “It’s not really about turning the church to a market
place, people should understand that, like I said, the church is multi-faceted, and when they focused on just one aspect of member’s life and does not take care of the other aspects, then
the church becomes one sided. So the church should be balanced in all areas.”

Freeze had blasted the reverend man of God over the activities of his pastors saying “The love of money and religion remain Nigeria’s
greatest problems. If I talk now, you people will start saying rubbish, if I call their G.O out, you people will say “touch not my anointed, saying
many of these churches are leading their members to the slaughter, not the pasture.”