They collected money from the complainants but did not return both the principal and interest
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The information was forwarded on Wednesday to members of the ponzi scheme
Ugorji allegedly fled the country while many investors were awaiting anxiously to be paid back their money with the agreed interest
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This is because by the time it gets to the eleventh stage, it is already more than the entire population of Nigeria so how will it be sustained? By the time it gets to the thirteenth stage, it is more than the population of the entire world
Thanks to my ability to understand and speak Russian language fluently, I personally listened to Mr. Mavrodi in an interview in Russian language when he was saying this. According to him, his philosophy is as long as greed and lust for money is part of human nature, MMM will live
Chiamaka Ugorji, the wife of Chuddy Ugorji, a leading MMM Nigeria promoter, attempted to calm nerves by writing an open letter to participants, but this failed to reassure Nigerians that their investments were safe