The MMM promises 30 per cent return on investment for any money put into the scheme for 30 days.
Media reports about the crash of the website of one of the ponzi schemes in Nigeria, Ultimate Cycler, has unsettled Nigerians who have invested their money in a similar...
scheme known as MMM Nigeria.
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The Ultimate Cycler acclaimed popularity among Nigerians following its
promise to pay 300% return to its investors within 45 days.
The huge return on investment offered by the scheme lured many to join
it with some even abandoning MMM Nigeria which offers 30% returns on
investment.
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But as reports filtered in on Thursday morning, December 2, around 10.30am that the site had Crashed sent a wave of panic among Nigerians who have patronize similar schemes.
Participants
of the Ultimate Cycler took to social media to express their
frustration about their inability to log into their account.

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