Founder of MMM faults media for causing fear of anxiety among participants

The founder of MMM, Sergey Mavrodi has accused the Nigerian press of deliberately causing panic among paticipants

The operators of the scheme in Nigeria said in a message sent to all subscribers on December 12 that all confirmed Mavros would be frozen for one month.

During the period – December 12 to January 12 – none of the participants would be able to ‘get help’ (withdraw funds deposited with the mandatory 30% interest). But they allowed to ‘provide help’ (deposit funds).

The scepticism and panic that followed the announcement were caused by the media, Mavrodi said.

He said, “I’m just astonished by your irresponsibility and cynical attitude. Interests of millions of people, your fellow citizens are at stake. Don’t you have any sympathy for them? Why are you fueling hysteria around MMM and provoking a panic? Why are you doing this so diligently and persistently, what is your purpose?”

He insisted that operations of the scheme would resume in January, noting that the “suspension of work for holidays” was not unusual. His claims contradicted the reason the Nigerian operators of MMM gave for freezing the confirmed Mavros for one month. They explained that the measure was put in place because “in the New Year season the System is experiencing heavy workload.”

But Mavrodi insisted all was well with MMM Nigeria and urged the press to desist from being biased against the scheme.

He said, “Again, leave MMM alone and let us work. Nothing has collapsed, and MMM will perfectly resume its work in January. We Can Change the World!”