Monday 19 December 2016

MIND'S ON MY MONEY (MMM PONZI SCHEME)

The tendency of good money can drive away bad money, these are some of the features of money, and store of value and acceptability. But in a layman's definition money is end of peace, which made people to believed you make money in a tinkle of eye. The ponzi scheme was introduced when Nigerians were in dire need of money, that's why we had many victims of this scheme and we haven't seen nothing yet until January 14th 2017 promised by the chairman of this scheme. This "WILD CAT BANK" was everywhere in a society the name always but the mode of operandi is there and they can't be wipe out of the society because of the beneficiaries are many and those who fed through the rot. You won't believe that many people involved in this ponzi scheme are mainly students and business men and women from computer village from the right sources some of them has sell out their landed properties and other belongings at a reduced price to raise more fund "MMM". I don't agree with ponzi schemer that they won't be any problem if their money was not return to them January what about those who borrowed money for that purpose how would they go about this, many were hypnotized to believed the ponzi scheme as come to stay not knowning he was a temporary scheme. But trust Nigerians they don't learn from mistake if another convincing scheme ensued they will give it a trier. Some of them have a idle cash at hand but know where to invest it that makes the ponzi scheme to prevail.

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