Access bank warns customers - 'Beware of MMM, you will soon lose all your money' | Nigeria News Today. Your online Nigerian Newspaper

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Access Bank Nigeria Plc has warned its customers to avoid dealing with Mavrodi Mondial Movement, a Ponzi scheme, which has been declared illegal by the Central Bank of Nigeria and the Securities and Exchange Commission.


The bank in an emailed statement to its customers said it had come to its attention “that some customers are engaged in the Ponzi scheme called ‘MMM’”.

“Please be advised that this scheme is not in line with any applicable or known investment product and may ultimately lead to loss of funds in the long run,” the bank warned.

“We advise that customers avail themselves of genuine and approved investments and products in the Nigerian banking environment.”

However, NE gathered that despite the warning by the Federal Government, thousands of Nigerians have continued to patronize the scheme with its website ranking as one of the five most visited in the country, ahead of Facebook.

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  1. Watin concern una if we risk our money with mmm? abi una turm over don reduce?....u banks are jst so so funny.

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  2. Access Bank is on their own ooo. Long live MMM by God's grace.

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  3. Hahahaha.....see wicked Nigerian bank dey advise his customers....i laugh with capital letters...with una 0.03% interest abi? Una never see anything...let me ask access bank how many ordinary people they have given even the softest loan for the past 15years?.nonsense!!!

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  4. It is only banks that make profits in Nigeria in this recession. Businesses are suffering but banks are posting huge profits . God will judge u people. Quick question does banks not collapse? My money is still stocked in savanah bank till today. Thiefs.

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  5. Those who have ears let them hear.

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  6. MMM NIG HAS COME TO STAY

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  7. What's your business with our money?

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  8. Access bank should be happy that Dormant accounts are being reactivated. Curtsey of Mmm.

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  9. Thunder fire their mouth! wetin be their own wether i put my moni inside fire burn am or i carry am do MMM. All of una wey dey gang up against MMM. . . . . . HOLY GHOST ???? . . . . . . . . . . FIRE!

    ReplyDelete

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