There is currently panic in the country as popular money doubling scheme called MMM has frozen all confirmed Mavros.
National panic in Nigeria as MMM gets frozen
Mavro is a conventional unit for measurement of provided help to other participants in MMM. This means that all users who have provided help and awaiting to get help help in few days will not be able to do so until the ban is off. They all will not be able to withdraw money till the ban gets off!
According to a circular sent out to all user late hours yesterday, December 12, all money has been frozen for a month. The circular however calmed the participants down, saying it is to help prevent any problems during the New Year season. And also to tackle the media frenzy that has been going on in the country. See the message below:
''Dear members!
''As usual, in the New Year season the System is experiencing heavy workload. Moreover, it has to deal with the constant frenzy provoked by the authorities in the mass media. The things are still going well; the participants feel calm; everyone gets paid – as you can see, there haven’t been any payment delays or other problems yet – but!.. it is better to avoid taking risk.:-)) (Moreover, there are almost three weeks left to the New Year.)
''Hence, on the basis of the above mentioned, from now on all confirmed Mavro will be frozen for a month. The reason for this measure is evident. We need to prevent any problems during the New Year season, and then, when everything calms down, this measure will be cancelled. (Which we will definitely do.:-))
''We hope for your understanding,
''Administration''
National panic in Nigeria as MMM gets frozen
In May, MMM South Africa announced a freeze, just like MMM Nigeria is doing now in December, but according to reports, MMM in South Africa is still frozen till now.