Philip Obin, an aide to Vice President Yemi Osinbajo, has warned Nigerians against falling for ponzi schemes this Christmas period. In a series of tweets, Obin...
The Economic and Financial Crimes Commission [EFCC] has arraigned the registered trustee of Micheno Multi-purpose Cooperative Society, Mr. Uno Michael Eke, before Justice Simon Amobeda of...
The Securities and Exchange Commission [SEC] has warned Nigerians against the activities of an online investment scheme, ‘Loom Money Nigeria’, saying it is a Ponzi scheme....
A Nigerian man has been sentenced to 11 years in US Prison for international fraud. Okechukwu Desmond Amadi was sentenced to 11 years in US prison...
The Economic and Financial Crimes Commission [EFCC] in Ibadan on Monday arraigned one Pastor Isaac Arabambi along with his company, Heroes Investment Company Limited, for alleged N62.3m...
The Economic and Financial Crimes Commission [EFCC] in Benin has arrested a Bishop and suspected fraudster, Giniko Obi, for allegedly defrauding thousands of people of various...
A Nigerian has been arrested by Ugandan authorities for allegedly running a grand scam company, which bears the same similarities with the defunct MMM pyramid scheme....
A tattoo addict has undergone has gone under the knife to have his penis and nipples removed because they interfered with his looks. Adam Curlykale, a Russian...
Ponzi scheme MMM, which caused millions of Nigerians to lose their savings in 2017, has announced a global shut down of all its operations. The shutdown...
Russian fraudster, Sergei Mavrodi, whose MMM pyramid scheme deprived millions of Nigerians of their savings in the 2016 and 2017, has died of a heart attack....
The Bank of Ghana, the country’s central bank has issued a fraud alert on MMM Ghana. MMM Ghana is owned by MMM Global affiliate. This is...
Popular Russian ponzi scheme, MMM which took Nigeria by storm has slammed a popular blogger who described it as fraud.
Mavrondi Mundial Money box (MMM) has been blamed for the death by suicide of a 34 year old mother of two, Mrs Gloria Samson in Makurdi, the...
Founder of the Omega Fire Ministry (OFM), Apostle Johnson Suleman has expelled one of his church’s branch pastor for participating in MMM.
Popular Yoruba movie, actor Bolaji Amusan has expressed his anticipation of the resumption of Russian ponzi scheme, MMM.