Controversy in Benue as Woman Who Took Loan from Bank Commits Suicide Over MMM

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Nigeria’s most popular ponzi scheme, Mavrondi Mundial Moneybox has been blamed for the death by suicide of a mother of two in Makurdi, the Benue State capital.



The sudden death of a 34-year-old mother of two identified as Mrs Gloria Samson in Makurdi, the Benue State capital, has been blamed on the notorious ponzi scheme, Mavrodi Mundial Money box (MMM).
According to reports, the woman was said to have left her home on December 28, 2016 to drown herself in River Benue as her body was discovered on January 2, 2017 by police.
The deceased reportedly decided to take her life after the freezing of MMM because she had obtained loans in four places and invested it in the ponzi scheme of Russian origin.
It was gathered that when she was leaving the house, she was said to have pleaded with her children to forgive her and at the same time told the children to tell their father to forgive her as well.
The deceased’s neighbors at Vandeikiya street, High level in Makurdi, disclosed to newsmen that she had borrowed about N400,000 from different micro finance banks and invested it in MMM only for the scheme to announce a freeze on cashing out a few days after her investment.

“What we gathered is that she had borrowed money from four different places and invested in MMM but shortly after MMM suspended payment to subscribers, she withdrew to her shell,” one of the deceased’s neighbours said.
Thw late woman’s husband, Samson David, confirmed that he was aware his wife took loans, but he could not confirm if she actually invested it in MMM.

“Towards November and December, 2016, I discovered she took loan from four places over N400,000.00, but I don’t know what she actually did with the money because this time there was nothing in the shop to suggest that she invested the money into her business and truly she took loans.”
The state police spokesman, ASP Moses Yamu confirmed that the Police actually recovered the body of a woman from River Benue, adding that she was buried last Friday at the Ankpa ward public cemetery.

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