Youths all around the Kogi state capital city of Lokoja on Saturday were at several beer parlours to celebrate the return of the controversial Mavrodi Mondial Movement , a Ponzi scheme that froze the accounts of 3 million Nigerian members in December , causing panic and anxiety .
The scam returned yesterday, a day before it’ s initial comeback date of 14th January .
Most of the revellers were students of the state owned polytechnic in Lokoja .
They expressed surprise about the comeback of the pyramid money investment scheme , that promises players 30 per cent return , a day ahead of schedule .
Segun Ademola , a student , said he had invested over N 300, 000 in his MMM account .
He said he was glad to have the operation bounce back . He has a lot of high hopes , that he would reap his investment.
He said , “ I am the happiest person on earth today, God bless Mavrodi. ”
Fola Owobo, another student , said she used her school fees to provide help to some other person she did not know at all .
She said she was confused when the scheme was shut down on 13 December 2016.
She was relieved now that the MMM was back in operation .
Michael Olubola , another student said he has learnt a lesson . He said as soon as he collects his money , he would never try providing help again .
He said he almost had hypertension in the last four weeks .
He urged his colleagues to shun free money and embrace hardwork .
He said the free money promised by MMM almost caused him his life.
Yet another student , Wunmi Atte , said she was convinced that the MMM was a fraud .
“ Sooner or later it would fold up ” , she said , as she wondered where the scheme gets the money it promises members
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