News

Panic as MMM freezes members' accounts for one month

12/13/2016 01:19:00 pm GIVERS FORUM 55 Comments


One month after members of the house of representatives warned Nigerians off the Mavrodi Mondial Moneybox (MMM), the scheme has frozen withdrawals, causing panic among “Mavros” members.

Members of the scheme were shocked on Tuesday to find a message, instead of their statement of account, informing them of the decision to freeze withdrawal till the new year.

The message read thus:
“One-Month Freezing of Confirmed Mavros.”

“Dear members! As usual, in the New Year season the System is experiencing heavy workload. Moreover, it has to deal with the constant frenzy provoked by the authorities in the mass media.

“The things are still going well; the participants feel calm; everyone gets paid – as you can see, there haven’t been any payment delays or other problems yet – but!.. it is better to avoid taking risk.

“Moreover, there are almost three weeks left to the New Year. Hence, on the basis of the above mentioned, from now on all confirmed Mavro will be frozen for a month.”

“The reason for this measure is evident. We need to prevent any problems during the New Year season, and then, when everything calms down, this measure will be cancelled. (Which we will definitely do. We hope for your understanding, administration.”

MMM has been in Nigeria for over one year. It has several thousands of “investors” who put money in a scheme that has no product or service for exchange of value, yet expect and, until today, get more money than they put in.

There have been several warnings against participating in the scheme from the Securities and Exchange Commission (SEC), the Central Bank of Nigeria (CBN)  and the house of representatives which also ordered an investigation into the operation of the scheme, in October.

Two days ago, Sergey Mavrodi, founder of MMM, wrote an open letter to the federal government, defending the scheme, claiming it was “restoring social justice” since the federal government was not concerned about the welfare of its citizens.

“MMM is their only means of livelihood,” Mavrodi had said.

However, an MMM participant who did not want to be named rued her luck.

“I knew it was going to crash and I thought I could quickly make my money before the crash. Now I am in big trouble,” the single mother of two said without disclosing the extent of her investment in the scheme.

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  9. This comment has been removed by the author.

    ReplyDelete
  10. This panic is making those marched on giversforum to refuse paying out. please admin a message should be written in this effect on everyone's PO not to let the news of mmm freezed account discourage them from paying out as the effect is already spreading like a virus into our humble giversforum. Please admin am talking from experience. Thanks.

    ReplyDelete
  11. This is true. Many participants are refusing to pay

    ReplyDelete
    Replies
    1. DO NOT BE PANIC !!

      We all need patience and understanding of the working of the system. When you GH, you are automatically placed in a slot (or you are cued in),to be matched when it gets to that slot you occupy.How long it takes to get to your slot, depends on how many slots are there before you. So be patient and you will be matched


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  13. You are all the same WANDER BANKS so don't criticize mmm, THEY MADE ME WHAT I AM TODAY AND U GUYS ALSO COPIED THERE IDEAS AND INITIATIVES. Besides we know of Mavrodi's life history and how he started, but we don't know who is the brain behind Giversforum. SO TELL US WHO U ARE. ARE U AN ANTI CHRIST THE BIBLE HAS SPOKEN OF??????

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  17. Givers forum promised that they are not going on holidays, I wonder why the office part of the website is fown

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  20. @Nathaniel, I understand your explanation on waiting till it gets to your turn as you placed in a slot when you request to GH, but I think we should still have a duration when it should get to your turn say 3days,4days,1week, 2 weeks and so on, not just waiting endlessly.

    ReplyDelete
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  22. Why are referral bonuses not confirmed even after participants have paid

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  24. Referrals bonus are not activated even after payment n confirmation

    ReplyDelete
    Replies
    1. It would turn green with time. Maybe after some days. That's how mine did and I have Gh on the referrals.

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  26. The Admin is working towards improvements,and we are improving on daily basis.
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  28. Am grace am really worried I clicked on get help for the past 7 days now and I hv not been merged with whom to pay me pls hux hope am safe here

    ReplyDelete
  29. This comment has been removed by the author.

    ReplyDelete

  30. My email address- okeychi2@gmail.com
    Name- Okey ordu
    I was merged to pay 6000 to Tunde And 14000 to Balogun which I paid on the 16/12/16 and uploaded the tellers at night cos of bad network of giverforum so Tunde confirmed immediately but Balogun neva did. So d next day 17/12/16,my account was suspended for no just cause. Tunde informed me that he has been merged again after my payment.
    I have written to giverforum via email and support no response. Please unblock my account .thank you

    ReplyDelete
  31. This comment has been removed by the author.

    ReplyDelete
  32. It takes like 2 to 3 weeks to be paired to provide help and 8 days to be paired to get help.I was paired to get help today being the 8th day.

    ReplyDelete
  33. Fake teller pls o the support link is not opening wat to do. For 2weeks now!

    ReplyDelete
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  35. I provided help of 100000, 2 weeks after I was asked to pay someone 14000 of which I did. Please, my question is when will I be asked to pay the rest of the money and how soon can I get help ? Because I've tried getting help after the payment of 14000 but the system tells me that my balance is zero, please help me I'm confused as I'm new to this. Thanks

    ReplyDelete
  36. Please givers forum am tired of writting the same thing all over again, please before my account got suspended i can see my earnings but immediately my account got suspended i cant see my earnings thinking that it was due to the suspension with the hope of seeing it when they activate my account, but my account have been activated since on the 20th till now i cant see it and this is the 6th times i will be writing this with no response please i cant afford to lose 300,000 plus kindly help me i hope u will reply this time around, my email is ogundeletemitayo@yahoo.com, username is ogundele temitayo. Thanks so much

    ReplyDelete
  37. My name is Emmanuel Email ID pharezbina@gmail.com a member of givers forum. I was matched with one Janet ego okoro to pay me the sum of 50,000.I called her and she said she doesn't have money to pay. After some hours This lady did not make any payment to me but went ahead to upload fake proof of payment. I have written to support from my po for over 2 days now yet no reply. I have sent mail to the new email provided yet no reply. The upload is still waiting for confirmation. The timer on it has expired and I am now seeing expired but still waiting for 20hrs. Pls this issue should be handled. I don't want to lose my money.i paid to someone and I expect to receive my due payment. I am tired of writing to support without reply.anyone in charge should pls handle this issue with utmost importance nd early before the system confirms this fraudster automatically. I came here to give help and receive help. I have given so I should receive and not lose my money.

    ReplyDelete
  38. HELLO EVERYONE I WANT TO WELCOME YOU TO MILLIONAIRES TEAMS, IF U WANT TO BE FINANCIAL BREAKTHROUGH TODAY, JOIN GIVERSFORUM TODAY AND BECOME A MILLIONAIRE TODAY, GIVERSFORUM IS A MUTUAL AID THAT GIVE U 40% IN 4WEEKS ANY AMOUNT OF DONATION U MADE, WITH REGISTRATION BONUS, 10% REFERRAL BONUS, I PROVIDE HELP OF 100,000 IN 4WEEKS TIME I GET ALERT OF 180,000 IN MY ACCOUNT, WHAT ARE U WAITING FOR POVERTY IS A DISEASE, JUST CLINK ON THE WEB SITE AND REGISTER http://www.giversforumoffice.net ADD ME AS UR REFERRAL INVITE ON THIS EMAIL faces42001@yahoo.com u can call me on this number or whatsaap me 08093500624 or 08135949313 IF U WANT TO KNOW MORE ABOUT GIVERSFORUM COME ME ANYTIME I WILL GUIDE U

    ReplyDelete
  39. I completed a transaction(50k) yst and had 74k in my earnings this afternoon, only to check this night and see 62,000 for no reason.I wonder why 12000 will just be deducted just like that in a matter of hours.This is so unfair.Please this needs to be fixed asap. Olowu Busola Olutayo

    ReplyDelete
  40. I completed a transaction(50k) yst and had 74k in my earnings this afternoon, only to check this night and see 62,000 for no reason.I wonder why 12000 will just be deducted just like that in a matter of hours.This is so unfair.Please this needs to be fixed asap. Olowu Busola Olutayo

    ReplyDelete
  41. I called for help for N150k but to my amazement I was only paired with two persons to pay me N50k each. How do I do get the balance payment of N50k.Charles Edeki. cedeki@yahoo.com

    ReplyDelete
  42. If Dis forum is about providing help and getting help and some people are only interested in bringing down the primary objective of d scheme. Admin should wake up to its responsibilities to avoid Crashing dis laudable scheme before it finally stand on its feet.
    In d past, we used to beat our chest dat giversforum Na Baba. But some bad eggs are looking for how to mk it fail.
    ADMIN is it dat u nid more capable hands or wat? People are even cancelling orders, the trust is weakening Dats just d truth.
    Some uploaded a fake teller for me too and even told me she's gat no money until February 14.
    Imagine dat.
    Plz look into dat too, my username is Noah Kazeem & my email is noahkazeem@gmail.com
    And d lady's name is Nweke Joy Ogechi

    ReplyDelete
  43. I think is high time we the participants take things into our hands, since Admin won't do anything. Let's start publishing and broadcasting the fake and insincere participants in all social media, let's make their life and reputation miserable as they have given sleepless night.

    ReplyDelete
    Replies
    1. I agree with u sir,
      Admin is too slow to all d sensitive issues on GF

      Delete
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  45. My downline GH on 12th of December and was matched on the 20th with three persons to pay her but only one paid others fail up till now she has not been rematch, Admin how do I now tell people about this community, pls do something.justin.egbebike77@gmail.com

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  48. please my own is that what is wrong with the system.. my gh is pending over 3 weeks now. are these guys done?

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    ReplyDelete
  50. I was hoping to get my money out of givers forum within the last 3weeks to no avail.
    It's better to look out for mmm at this rate. As bleak as mmm, it's a brighter prospect than givers forum, at least mmm is saying 14th, these ppl are stylishly talking 17th only God knows what that admin is ranting about

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