• Contact Us
  • About Us
Wednesday, October 7, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

MMM to freeze all bonuses from 2016

metro by metro
February 23, 2017
in Economy
0
0
SHARES
0
VIEWS

Sergey Mavrodi, founder of MMM, has written to participants in Nigeria, asking that they pay some money into the system, before they can cash out of the ponzi scheme.
Mavrodi said all bonuses acquired before January 1, 2017 will be frozen.
This is coming more than a month after the company failed with its return plans, leaving a few Nigerians to commit suicide.
Mavrodi said the new rules are based on suggestions given by participants in Nigeria. He adds that “you cant withdraw bonuses without providing help (paying)”.
The full letter below:
Dear participants,
You constantly reproach us stating we don’t listen to your opinions however we really do. :-)) We try to carry out the most reasonable and efficient suggestions immediately.
Particularly, in accordance with your suggestions, we will soon take the following measures:
We will stop the growth of confirmed Mavros acquired before the 1st of January 2017. We will freeze the bonuses received before the 1st of January 2017 (so that limited withdrawal of Mavro-2016 will include only contributions, not bonuses).
We will introduce a new rule according to which the withdrawal amount cannot exceed triple amount of the provided help (so, GH cannot exceed PH more than in 3 times). Many participants and guiders withdraw bonuses in such big amounts without PH that it threatens the stability of the whole System. (We don’t agree, however we will accept preferences of the majority. :-)) With this rule, you can’t withdraw only bonuses without providing help.
Therefore, keep on sending us your suggestions. We will take them into account (At least, we will try :-))
Best regards,
Sergey Mavrodi.

Read Also

South Africa Raises Interest Rate, Citing Iran War Price Shocks

Corporate Finance Chiefs Lift Inflation Outlook, Cite Rates As Concern – Fed Survey

CBN In Rate Cut Bind As US Fed Official Signals More Hikes On Inflation Surge

Previous Post

NACCIMA seeks quicker Passage of 2017 appropriation bill to encourage Investment inflow

Next Post

No fewer than 300m suffer from depression – WHO

Related Posts

South Africa Raises Interest Rate, Citing Iran War Price Shocks
Economy

South Africa Raises Interest Rate, Citing Iran War Price Shocks

September 23, 2026
Corporate Finance Chiefs Lift Inflation Outlook, Cite Rates As Concern – Fed Survey
Economy

Corporate Finance Chiefs Lift Inflation Outlook, Cite Rates As Concern – Fed Survey

September 23, 2026
Whiplash: How Trump’s Threat To Strike Nigeria Further Reshuffles Pentagon Priorities 
Economy

CBN In Rate Cut Bind As US Fed Official Signals More Hikes On Inflation Surge

September 22, 2026
FG Moves To Correct Implementation Ambiguities, Consequences Of VAT, Others Ahead Of 2027 Finance Bill
Economy

FG Moves To Correct Implementation Ambiguities, Consequences Of VAT, Others Ahead Of 2027 Finance Bill

September 18, 2026
Next Post
WHO

No fewer than 300m suffer from depression – WHO

WFP strongly condemns attack on trucks in South Kordofan, killing one driver

October 6, 2026

Investing in Better Jobs, Faster Growth: New World Bank Group Report Helps Chart a Path to Poverty Reduction in Tanzania

October 5, 2026

Invest Qatar, Aurion Capital and LG NOVA engage to advance technology investments and venture building in Qatar

October 2, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version