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MMM in Nigeria – A Huge Scam Scheme About To Happen?



MMM in Nigeria -   A Huge Scam Scheme About To Happen? 1
MMM in Nigeria -   A Huge Scam Scheme About To Happen? 2

I’ve been monitoring recent activities in the Nigerian Tech Scene and I’ve discovered a site ( claims to give people 30% more of their initial registration fee at the end of 2 weeks. They also claim to give a certain percentage of commission when you refer someone to their network. After making some research, I came to the conclusion that the probability of this scheme being a scam  is 65%. Considering the way the Nigerian economy is bad, it might be best you avoid this.


Sergey Panteleevich Mavrodi ( Russian : Серге́й Пантелеевич
Мавроди; born August 11, 1955) is a Russian criminal and a former
deputy of the State Duma . He is the founder of the МММ series of
pyramid schemes . In 2007 Sergei Mavrodi was found guilty in a
Russian court of defrauding 10,000 investors out of 110 million
rubles ($4.3 million).

In 1989 he founded MMM .[4][5][6]
He was then elected to the State Duma, [6] thereby obtaining
parliamentary immunity. Mavrodi declared MMM bankrupt on
December 22, 1997, then disappeared, and was on the run until his
arrest in 2003. [7]
In 1998 Mavrodi created Stock Generation , [8][9] allegedly a classic
pyramid scheme presented as a “virtual stock market game”. [1] The
website ran from 1998 to early 2000. The Massachusetts district
court initially found that U.S. Securities and Exchange Commission
was unable to cite Stock Generation’s founders and owners for
securities violations. However, the United States Court of Appeals
reversed this decision in 2001, concluding that the SEC alleged
sufficient facts to state a triable claim.[10] In 2003 the SEC obtained
permanent injunctions against SG Ltd. and relief defendants SG
Perfect and SG Trading, which profited from the disbursement of
funds fraudulently gained by SG Ltd. [11][12]
On April 28, 2007, a Moscow court sentenced him to four and a half
years in a penal colony. The court also fined him 10,000 rubles
($390). [7]
In January 2011, Mavrodi launched another pyramid scheme called
MMM-2011, asking investors to buy so-called Mavro currency units.
He frankly described it as a pyramid, adding “It is a naked scheme,
nothing more … People interact with each other and give each other
money. For no reason!” [13] Mavrodi said that his goal with
MMM-2011 is to destroy the current financial system, which he
considers unfair, which would allow something new to take its place.
MMM-2011 was able to function openly as Ponzi schemes and
financial pyramids are not illegal under Russian law. [14] In May 2012
he froze the operation and announced that there would be no more
In 2011 he launched a similar scheme in India, called MMM India,
again stating clearly that the vehicle is a pyramid. [16] He has also
launched MMM in China. [17] He was reported to be trying to expand
his operations into Western Europe, Canada, and Latin America. [14]
As of September 2015 it had spread rapidly in South Africa with a
claimed 1% per day or 30% per month interest rate scheme [18] and
warnings from both the South African and Russian Communist
Parties for people not to participate in it.


Here are some other reasons why I think it’s a scam.

1. They Are Focused More on Recruiting than Selling

One of the first things to watch out for is a focus on recruiting rather than selling. If you are being recruited in order to recruit more people of your own, rather than actually focus on selling a particular
product, that might be a red flag. Consider whether or not there is a lot of focus on getting you to recruit
more “team members,” instead of focus on acquiring customers. If the recruits are the customers, that could be a red flag.  This is obviously what the MLM in Nigeria is doing now.

2. Poor Training
What sort of training and support are they giving clients ?

How are your questions answered? If you are asking tough questions, and they are deflected with talks
on positive thinking, you could be looking at a MLM
scam. Also, consider the training situation. Are you
provided with actual business techniques and
support? If the training consists of how to convince
recruits, or tips on selling to friends and family, your
“home business opportunity” might actually be a work at home scam .

3. Pressure to Pay for More
Are you being pressured to pay for more product?
You might be asked to join a “fast track” or become
“elite” by purchasing a great deal of inventory all at
once. Or, you might be pressured into buying an
expensive business package in order to get the
business support you need. If you are asked to pay
for extra training (beyond attending an annual
conference or convention) on a regular basis, or if
you are asked to pay for basic office supplies, you
might be in trouble.
Be especially wary of those that ask you to put your
costs on a credit card, or encourage you to take a
home equity loan or line of credit to pay for this
“business investment.”

4. Sales Tactics Brought to Bear on You
Do you feel as though you are the subject of a high-
pressure sale when you talk to the MLM
representative? You might be told that you have to
make a decision right now in order to get a good deal
on the initial kit, or to buy in at a “special” price, it
could be a scam. Most legitimate companies allow you
to talk it over with your family, or sleep on your decision.

5. Seems Too Good To Be True
As with everything in life and in purchases, you need
it to pass the too good to be true “smell test.” Are the
claims about the product outrageous and hard to
really prove? Is there are a lot enthusiasm about the
“amazing” program, without much to back it up?
Watch out for anything that seems too good to be
true. Chances are that it’s actually a scam

6. The Testimonies Don’t Link To Accounts Of Real Individuals that Can be easily contacted.

Some of my points were taken from Business Insider .

Now One Question is How Do they plan to get 30% profit for someone who pays to join the program when there’s no product to sell?.  They’ll probably hire a group of marketers to convince people and post fake earnings to convince people to join.

Another thing we need to take into consideration is the fact that history has a way of repeating itself. This is why I will also include the history of MLM schemes so you can decide for yourself.


MMM is similar to  la Multi Level Marketing System with some differences

Multi-level marketing ( MLM ) is a controversial marketing strategy in
which the sales force is compensated not only for sales they
generate, but also for the sales of the other salespeople that they
recruit. This recruited sales force is referred to as the participant’s
“downline”, and can provide multiple levels of compensation.

Companies that use MLM models for compensation have been a
frequent subject of criticism and lawsuits. Criticism has focused on
their similarity to illegal pyramid schemes, price fixing of products,
high initial entry costs (for marketing kit and first products),
emphasis on recruitment of others over actual sales, encouraging if
not requiring members to purchase and use the company’s
products, exploitation of personal relationships as both sales and
recruiting targets, complex and exaggerated compensation
schemes, the company and/or leading distributors making major
money off training events and materials, and cult-like techniques
which some groups use to enhance their members’ enthusiasm and

MMM in Nigeria -   A Huge Scam Scheme About To Happen? 3MMM binary tree structure. The blue individual will receive compensation from the sales of the downline red members.

Independent non-salaried participants, referred to as distributors (or
associates, independent business owners, independent agents,
etc.), are authorized to distribute the company’s products or
services. They are awarded their own immediate retail profit from
customers plus commission from the company, not downlines,
through a multi-level marketing compensation plan, which is based
upon the volume of products sold through their own sales efforts as
well as that of their downline organization.
Independent distributors develop their organizations by either
building an active consumer network, who buy direct from the
company, or by recruiting a downline of independent distributors
who also build a consumer network base, thereby expanding the
overall organization. Additionally, distributors can also earn a profit
by retailing products they purchased from the company at wholesale

The U.S. Federal Trade Commission (FTC) states: “Steer clear of
multilevel marketing plans that pay commissions for recruiting new
distributors. They’re actually illegal pyramid schemes. Why is
pyramiding dangerous? Because plans that pay commissions for
recruiting new distributors inevitably collapse when no new
distributors can be recruited. And when a plan collapses, most
people—except perhaps those at the very top of the pyramid—end up

The Federal Trade Commission warns “Not all multilevel marketing
plans are legitimate. Some are pyramid schemes. It’s best not to get
involved in plans where the money you make is based primarily on
the number of distributors you recruit and your sales to them, rather
than on your sales to people outside the plan who intend to use the

The vast majority of MLMs are recruiting
MLMs, in which participants must recruit aggressively to profit.
Based on available data from the companies themselves, the loss
rate for recruiting MLMs is approximately 99.9%; i.e., 99.9% of
participants lose money after subtracting all expenses, including
purchases from the company.”

Updated –   19 AUGUST 2016

Many Individuals have claimed that this scheme is not a scam. However  all I have to say is just be very careful not to invest too much in MMM. Certainly one day the scheme would end.

I guess you can decide for yourself after reading this . However everything I wrote here is strictly my opinion. If you feel different about this scheme, use the comment box

Michael Ajah is a Computer Science Student of The University of Port Harcourt and a Chelsea Fan. He loves RnB and a little mix of Trap Music. An awesome tech reviewer and analyst. Email - [email protected]

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Samsung Galaxy Note 20 specs leaked online with alleged Galaxy S20 camera setup



Samsung Galaxy Note 20 specs leaked online with alleged Galaxy S20 camera setup 6

As it’s always the case with every new smartphone release; there’s always this excitement with every sneak peak at the details before launch.

We saw that with the Galaxy S20 lineup and looks like the doers have again gone blockbuster with the Samsung Galaxy S20 and several details you might want to know.

While speculations regarding the launch timeline of the phone had been happening, this for the first time that alleged renders of Samsung’s upcoming flagship smartphone have been reported.

And who says it doesn’t look pretty much like the S20??!!

The renders come from Pigtou who claims that these renders are based on drawings obtained by the outlet’s sources and not conceptual.

Samsung Galaxy Note 20 leaked specs.

Samsung Galaxy Note 20 rendered spec and features

The expected flagship unsurprisingly looks a lot like the Samsung Galaxy S20 Ultra with major exception being the boxier appearance and the square corners which is the case with all Note series.

The devices dimensions are 161.8 x 75.3 x 8.5mm, which is roughly the same size as the Samsung Galaxy Note10+ or if you want to be more precise, a little more than half a millimitre thicker. The dimensions of the camera module are even reported as well: 38.1mm by 21.9mm.

The Galaxy Note20 and Note20+ are expected to arrive with the same storage allocations as the Galaxy S20 lineup, running either the Snapdragon 865 or the Exynos 990.

The Galaxy Note20 and Note20+ have previously been rumored to come with 4000 mAh and 4500 mAh batteries, respectively.

What better time to make all our wishes come true…

A larger Samsung Galaxy Note20+ much bigger than the Galaxy S20 is expected as well, which will be quite interesting right.

We always love it bigger…

With the dimensions mentioned above (of the Note20), the report suggests it might be 6.7-inches diagonally, and the renders show the display is totally flat. We enjoy the idea that a Note device will no longer have curved edges. It’ll make it easier to use the S-Pen with

Samsung Galaxy Note 20 specifications

The S Pen location has also changed from the right to the left, which is likely what Samsung needed to do to get all the physical buttons over to the right side. The SIM tray is at the top of the device.

The power button also makes its return to the right hand side of the smartphone after an unsuccessful trial on the left with the Galaxy Note 10+.

Other minor tweaks are always what we have come to expect from flagship smartphone upgrades.

Just Ask Apple and their iPhones users…

When is the Samsung Galaxy Note 20 launch event

The Galaxy S and Note series have always been an integral part of the Hong Kong based smartphone producer, in fact they are the only Samsung products that do get a official physical launch.

These devices have seen launch venues from New York, London and even Seoul.

However, the situation is beyond the control of the company as COVID-19 pandemic has forced people to stay indoors as much as possible.

Though nothing confirmed yet, the Samsung Galaxy Note20 is expected sometime in August during Samsung’s bi-annual Unpacked event. Only this time, we can expect an only-Virtual launch event.

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Xiaomi rolls out MIUI 12 Global version for users: Here are the top five features



Xiaomi rolls out MIUI 12 Global version for users: Here are the top five features 7

Xiaomi on Tuesday announced the global version of it’s custom Android skin – MIUI 12 in an online event.

The update which has been available for sometime now for the Chinese market packs an increased focus on UI aesthetics some productivity-improving multi-tasking features, and an all-around update on some minor tweaks and privacy fixes.

The Chinese OEM promise MIUI 12 will start rolling out to its flagship devices, the Mi, Redmi and Poco smartphones from the end of June with it’s older devices as old as the Redmi 5 also getting a fair share from the Pandora’s box.

Xiaomi MIUI 12 Global version

Beta builds of the custom Android skin is expected to be available from next week.

The event however did not touch upon availability for the Nigerian market specifically though Xaomi’s assurance that MIUI 12 is a product of a decade’s worth of research and innovation and the latest version going big on design, privacy and multi-tasking…

We definitely cannot wait to have it on our big screens down here…

Here are the top five features and very credible reasons why you should be hitting that update button ASAP—

1. Animation Render Engines

Xiaomi MIUI 12 physics engine

MIUI 12 has restructured animation rendering with a new physics engine for Xiaomi devices.

The new animation framework called Light Cone Animation Framework adds real-time gaussian blur to the background with varying degrees of blurring. The same rendering engine also introduces dynamically rounded corners that changes as you click on an icon to when the app opens.

The Physics Engine delivers tangible feedback to UI actions, whether you are pulling an app from a corner, or tapping on an icon upfront or tilting it to the corner. The opening animation of apps also happens with a 3D touch making it look like it pops out of the screen.

The weather app is also updated to show weather elements on the screen. Icons also got a big upgrade with the inclusion of layers. You will now see elements in the icons change shape with the passage of time.

There’s also a new iOS-like Control Center that gives you control over frequently used settings. It’s basically a redesign of the quick access bar in the notification shade.

Animations are present everywhere accross the interface with the Settings app not left out. The About Phone section will visualise information like storage space. Clicking on it will give an even more visual breakup of what’s eating your space.

2. Permission Notification

Permission notification on MIUI 12

This is unarguably the pick of the bunch practically…

Xiaomi promise MIUI 12 will finally notify users of background behaviour.

When critical components of your smartphone like the microphone, camera and others are used, you will see a sticky notification informing in the status bar.

There’s now the option to let apps use location services only when the app is running in the foreground, and these settings are available for seven critical scenarios including contacts, camera, microphone, storage, calendar, location and contacts.

MIUI 12 will also provide an option to keep details like a location from being shared when you are sharing a photo, however this is turned on by default.

3. Super Wallpapers

Xiaomi MIUI 12 with NASA wallpapers

Xiaomi MIUI 12 also packs amazing preinstalled wallpapers this time courtesy of NASA to let you tour plants from your phone screen.

Called Super Wallpapers, they animate the home screen, lock screen as well as the Always-On display offering a detailed peek into a planet’s geography.

What something extra, you can even see the planets change from day to night as the sun sets.

4. Floating Windows

Xiaomi floating windows on MIUI 12

Also announced is floating windows – a MIUI feature that allows you to interact real-time with applications still brunning in the foreground.

Not basically you default Android split screen tech…

According to the demo, you can even make a game float on the main screen while it’s loading, allow quick replies to messages from within another app like Instagram or keep a video in a floating window while you do a quick Google search.

The window can be enlarged to enter the app in full screen or kept minimised in the corner.

Notably, the floating windows aren’t bubble-shaped like we see with Facebook Messenger and the likes. Instead, it forms a small rectangular window in the corner and may cover part of the app you’re on.

I think we’ve been here before…

5. Universal Casting

Xiaomi rolls out MIUI 12 Global version for users: Here are the top five features 8

Xiaomi also announced that you can cast just about anything from your phone — Videos, games, docs, apps and more to TV’s and displays that support Miracast.

Furthermore, private messages you receive while casting the screen will not be shown on the big screen. You can also exit the cast screen from your phone and go somewhere else, and it won’t impact the casting process.

Pretty cool privacy stuff right?

So, if you’re a Mi fan (technically any Xiaomi user), just know MIUI 12 first rolls out to the big boys – includes the Mi 9, Mi 9T, Mi 9T Pro, Redmi K20 and Redmi K20 Pro for the first batch.

In round 2, a lot more devices will receive the update which includes but not limited to the —

Redmi Note 7 Pro
Redmi Note 8 Pro
Redmi Note 9
Poco F1
Mi 10 Pro
Poco F2 Pro
Poco X2
Redmi Y2
Redmi Note 6 Pro, and more.

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