Get Help Worldwide takes over Nigeria after 'death' of MMM

Get Help Worldwide takes over Nigeria after 'death' of MMM

Another scheme known as Get Help Worldwide is taking over Nigeria following the dormancy of a similar scheme, Mavrodi Mundial Movement (MMM).

War of Ponzi schemes: Get Help Worldwide takes over Nigeria after 'death' of MMM
Get Help Worldwide also promises participants a 30% increase on investment after a month.

Recall that MMM on Tuesday, December 12, froze accounts of its participants in Nigeria for one month sending panic among members who were due to be paid after having ‘provided help’ (PH) to other persons.

READ ALSO: MMM crash – Groom who drank insecticide opens up

All members woke up with the shock message displayed on the screen as soon as they logged into their accounts.

Giving reasons for freezing the Mavros, the scheme said it is experiencing heavy workload and want to deal with the attacks coming from the country’s mass media.

However, the inactivity of MMM has created room for a similar scheme, Get Help Worldwide to thrive as Nigerians are claiming that the new scheme has more checks and balances that makes it safe to partake in.

Get Help Worldwide also promises participants a 30% increase on investment after a month, but the scheme boasts of being free of some deficiencies which plagued MMM, such as uploading of fake prove of payment (POP) and the freezing of confirmed bonuses. The scheme also enjoys constant inflow of cash as its rule mandates that participants make a pledge to provide help within three days of getting help.

Some participants of the scheme told Legit.ng that Get Help would beat MMM to the number one spot soon because of its rules which ensure its sustainability.

“Get Help Worldwide has been in Nigeria since 2015, the scheme has lasted as long as MMM and has been moving smoothly without hitches. I have been participating in the scheme for white a while and it has become a source of my monthly income,” a source who doesn’t want to be named told our reporter.

Another participant who works in an oil company said he has been running accounts in Get Help Worldwide and MMM simultaneously, he said the Get Help scheme is still paying unlike MMM which is now dormant.

READ ALSO: Legit.ng writes open letter to MMM founder Mavrodi

Similarly, a civil servant who is a participant of MMM told our reporter that he was planning to open an account with Get Help Worldwide, when asked told the risk involved in taking part in Ponzi schemes following what happened to MMM he said:

"Which risk, there is no difference between these schemes and the Banks, they are all Ponzi schemes who take from one person to pay the other.

Even the government is the biggest Ponzi scheme because they tax the masses and share the money among themselves.

Meanwhile, Sergey Mavrodi, the founder of Mavrodi Mundial Movement (MMM) has written an open letter to Nigerian journalists whom he claimed are causing unnecessary tension in the country.

According to him, MMM will be back by January as earlier stated, hence the rumour about the scheme collapse should stop.

Mavrodi described articles from Nigerians journalists and bloggers as "provocative and worthless articles."

Source: Legit.ng

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