
72 hours after its surprise return, popular Ponzi scheme MMM Nigeria is still yet to pay its investors according to reports.
The Cable claims that investors of MMM have not yet been paid as their accounts are still frozen. Kolade Ogunwande who spoke to the online news site said he invested N100,000 in November 2016, and also referred two people to the Ponzi scheme.
On Friday, January 13, 2017, his N100,000 had appreciated to N214,000. When he placed a request to withdraw his money he was not paid.
“They have not paid me anything, but, they said we should be wait patiently to be matched with participants willing to invest in MMM. I have no choice than to be optimistic,” Ogunwande told The Cable.
A woman named Lara Makanjuola also invested N100,000 in MMM Nigeria and is also facing the same problem of getting her money out.