Two weeks after the much touted return of Mavrodi Mondial Moneybox, a ponzi scheme popularly known as MMM, millions of participants still remain stranded and have been unable to withdraw their money.
As a result of this, the celebrations that greeted the return of the scheme as been cut shut because many people remain confused since the exact situation of things remain shrouded in mystery. Participants who have been waiting patiently to get help (GH) since the scheme froze all accounts in December are still unable to, while many who wanted to provide Help (PH) have not been matched.
MMM investors who invaded the website to place withdrawal requests when the scheme unfroze accounts have also seen their orders cancelled without any official reasons given in their personal office (PO) for the development.
Although different promoters of MMM popularly known as ‘Guiders’ have come up with different excuses on different platforms to justify the seeming inactivity since the scheme officially ‘unfroze’ all accounts, frustrated investors have accused them of using propaganda and outright falsehood to perpetrate the impression that the scheme is really paying its stranded investors.
The situation has also seen the rise of several Ponzi SCheme analysts who have proffered solutions for Sergey Mavrodi and his MMM Nigeria promoters.
Thesheet.ng brings you some of those ‘solutions’ below:
Suspension of All Unnecessary Bonuses
Many have accused the Guiders of MMM of reaping huge bonuses from the system without necessarily putting their own money into it. These include referral bonuses, holiday bonuses, guiders bonuses, testimonial bonuses promo tasks, testimonials, etc. Some Guiders have over 500 participants under them and they are paid referral bonus on each of them. Added to this is the attrocious bonuses the scheme usually promise participants. For example, on regristration each participant gets a registration bonus, this is apart from the 30% interest they get for PH. Before the scheme froze members accounts in December it also promised members a 20 % Bonus on any amount they PH before first of January. The questions is, from whose money are these bonuses paid? MMM is not an interest generating scheme, so the huge amount of money these bonuses amount to every month are paid from people’s donation.
Mandatory PH Before Anyone Can GH
Some analysts are of the opinion that the organizes of MMM need to adopt a method whereby everyone will be unable to GH except they first PH into the system. In other words, participants have to provide help on or before the day they are eligible to get help and the amount to be provided should not be lower than the initial help rendered. This means that participants who only have referral bonuses in their accounts will have to PH first before they can GH. With this, members who PHed before MMM froze all accounts will be able to GH and the issue of GH being more than PH will be eliminated.
Match All Outstanding PHs
There are many people who wants to provide help but are unable to do so because the sytem is yet to match them. Many of these people are willing to pay anyone they are matched with but because MMM has refuse to match anybody they are already losing their patience with the scheme. If the operators of MMM can match all the outstanding PH orders then money will start circulating again and the scheme may bounce back.
Monetise Traffic
MMM currently has over two million registered participants on its platform with huge traffic generated daily. Also the fact that, recently, the scheme has always been in the news has made it more popular with people who are not necessarily into the scheme also visiting its website out to check things for themselves. MMM need to monetise this traffic by have Google adsense set up on its website. The website can also be taking adverts from third parties and use such funds generated to pay for some of its overhead costs and bonuses.
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