Mavrodi Mondial Movement investment scheme – MMM Nigeria is a ponzi scheme that promises 30% profit on investment in 30 days. It has made its way into many African countries in recent times from its Russian origin.
Lately, a lot of Nigerians have benefited from the scheme cashing out in 30 days or less. Despite CBN warnings and EFCC’s threat to investigate the scheme, it seems to be thriving in the country.
Recently, a Christian Facebook user Akande Thomas insinuated that God hates MMM Nigeria and that “those Christians involved in the scheme have had their names removed from the book of life.” He based his claims on what ‘he heard’ from God, how He rejected his tithe haven participated in the scheme.
“I decided to try the scheme with 250k.” Akande said. “At the month end, I was so happy when I saw the return of the investment… Then I decided to pay my tithe. Just as I was planning to make the withdrawal, God ministered to me – ‘I don’t have anything to do with such money.’ I broke down in tears regretting what I have done in disobeying God. I pleaded for forgiveness of which I know HE has mercifully answered. I closed my MMM account but till now I don’t just know what to do with the money God has rejected.”
In another news, a suicide that happened at the University of Nigeria, Nsukka where a student, Tobechukwu Okeke was found dangling lifelessly from a rope has been linked to the scheme. Though the cause of Mr. Okeke’s death is yet to be ascertained, some of his neighbours suggested that he was in debt, some said he was tired of schooling, others attributed his suicide to the loss of money in a network business he invested into. The deceased’s last Facebook posts showed he had been involved in the controversial MMM scheme as he used his account to advertise the scheme.
The head of the Consumer Protection Department of the CBN, Suleja Kassim said: “We have heard about the activities of MMM. I want to warn you against it because they are wonder banks that are not regulated. Desist from their activities because they are fraudulent.”
Also, EFCC spokesman, Wilson Uwujaren, has announced that the organisation is currently investigating the investment scheme.
Regardless of these, the scheme has received a lot of support from people, including a Redeemed Christian Church of God parish in Abuja that advertised MMM during a Sunday service on October 30, 2016.
While there is almost – always – something wrong with ‘get-rich-quick’ schemes, also going by the warnings and advice of the authorities, wisdom therefore becomes the principal thing but to conclude that name of Christians who participated will be removed from the book of life is a bit extreme.
A Christian who hears God’s word should also be able to back what he heard with the word. Nonetheless, this is just an opinion, use the comment below to share yours and let us know what you think. Does God really hate MMM Nigeria?