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BBNaija2020: I Lost My Savings To MMM Ponzi Scheme – Nengi Opens Up

BBNaija2020: I Lost My Savings To MMM Ponzi Scheme – Nengi Opens Up (Updated: 2 years ago)


Big Brother Naija Lockdown housemate, Nengi, has narrated how she lost all her sayings to the popular ponzi scheme, MMM in 2017.

Though the Bayelsa-born housemate refused to mention the amount of money that went into the air, she hinted that it was a huge sum.

According to her, it was the money she had saved up for a long period of time but fell to the temptation of doubling it through the ponzi scheme.

MMM, a ponzi scheme that was most popular in 2017, had many Nigerians, mostly the youths, losing millions of Naira when it crashed.

And Nengi told Ozo that she was a victim.

“It was really popular, MMM. I invested the money I was supposed to use [for business] and I lost woefully.

“Omo, it was as if I just put my money and a few weeks later, they just went away. I was like, I don’t understand. It really pained me,”

She said.

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