Ponzi scheme company (MMM) founder,
Sergey
Mavrodi has allegedly written an open
letter to the federal government of Nigeria explaining the benefits of the scheme.
According to www.nan.ng the letter was displayed on the page of all participants of the Scheme.
Recall the Securities and Exchange Commission (SEC) and the Central Bank of
Nigeria (CBN) had warned Nigerians against participating in the scheme which it
described as a “Ponzi”.
The House of Representatives in
October also ordered an investigation into the operation of the scheme.
According to the letter, Mavrodi implored the government to look at the
benefits of the scheme, rather than be against it without knowing how it was
helping Nigerians.
He insisted that if the
government was really interested in the welfare of the Nigerian participants,
then the scheme should be left alone arguing that MMM was helping the over 3
million Nigerian participants.
Below is the allege open letter
of Mavrodi to Nigerian authorities as posted on the dashboard of the
participants.
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So far MMM has come under a
constant attack from you. In this regard, I would like to ask you a few simple
questions. Since you are concerned with the interests of millions of your
fellow citizens, I hope that you would be so kind to answer them.
What
are you trying to get? Do you want the MMM System to collapse and millions of
people to suffer? Who will support them then if now MMM is their only means of
livelihood? Will you? You even don’t pay wages to people?
Or
might you not care about them? Might you be using a trendy topic to make a good
name for yourselves? What will you say to a mother who will have no money to
buy food for her child? Will you let her child die for the sake of the higher
interests of the economy?
You say that MMM is a scam. What is the scam
here, if all members are warned in advance about all the risks, the possible
and impossible ones? They know there are no investments at all. The warning is
a red text on a yellow background placed on most prominent place of the
website.
You
say that MMM is bad. Why? Yes, it produces nothing, but nothing gets out of the
country either. The money is just redistributed among the citizens of Nigeria.
It
gets from those who are richer to poorer ones, in this way restoring social
justice. What’s wrong with that?
You have repeatedly stated that “it should be
investigated!.
researched!..” It means you know nothing about this System yet;
you even haven’t understood how it works……… And finally. If you know what is
right for people, why is the life so bad in the country? Sincerely yours,
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Sergey
Mavrodi: As for your statement that “everything will collapse soon”. The system
has been working in Nigeria for a year, and according to your estimates, the
total number of members now is about 3 million people. In Nigeria the population
is approximately 195 million. Can you calculate? Will it be “soon”? :-))
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