Complaints from victims of Chinese MMMGlobal

[hl5460]

Complaints from victims of Chinese #MMMGlobal
俄罗斯庞氏骗局3M彻底崩盘，来自中国受害者的哭诉
http://8btc.com/thread-26881-1-1.html  (~14k views)

[lemipawa]

Same thing is happening for the MMM Philippines, according to their loyal members, there's a bug on the system and because of that, system is not assigning BTC address to those who want's to invest and that also affects those who wan't to withdraw.

[hl5460]

Same thing is happening for the MMM Philippines, according to their loyal members, there's a bug on the system and because of that, system is not assigning BTC address to those who want's to invest and that also affects those who wan't to withdraw.

Could you share some link to more information?

[robelneo]

Same thing is happening for the MMM Philippines, according to their loyal members, there's a bug on the system and because of that, system is not assigning BTC address to those who want's to invest and that also affects those who wan't to withdraw.

In my opinion it was already resolve and everything is fine and ok the get help and provide help are now working fine by the way are you a member of this community you have been using withdrawing and investing when the fact is the community taught us that it not an investment or mlm program

[Lauda]

I'm still not sure why anyone should care about such a idiotic scheme? Also you should read the rules & guidelines since this thread is in the wrong section.

[lorylore]

I'm still not sure why anyone should care about such a idiotic scheme? Also you should read the rules & guidelines since this thread is in the wrong section.

well to be honest, all the newly company who promise % return r all treated as ponzi scam right at the start. so many warnings r given but still there is a lot of greedy ppl wan to join in hope to gain btc.

[lemipawa]

Same thing is happening for the MMM Philippines, according to their loyal members, there's a bug on the system and because of that, system is not assigning BTC address to those who want's to invest and that also affects those who wan't to withdraw.

In my opinion it was already resolve and everything is fine and ok the get help and provide help are now working fine by the way are you a member of this community you have been using withdrawing and investing when the fact is the community taught us that it not an investment or mlm program

Nope, not a member of MMM, but I was invited to join their group and I attended a somewhat like a presentation. Everyone can easily join their FB group and that's what I did before taking another step to invest, but after looking at the negative comments from members themselves and searching about the origins of MMM, I did not invest. I can earn more BTC's here in this forum with low risk than joining that group with a high risk of not getting back anything at all.

[Lauda]

well to be honest, all the newly company who promise % return r all treated as ponzi scam right at the start. so many warnings r given but still there is a lot of greedy ppl wan to join in hope to gain btc.

People are so naive and greedy. They'd probably sell all of their close ones for such a high return scheme. MMMGlobal needs to die.

[icaruz]

just got registered a couple of days ago in mmmphilippines
already provide help worth 0.03 btc and i see that site is good and profitable in long term.

[tmfp]

i see that site is good and profitable in long term.

Explain that logic to me, please.
What is your definition of "long term"?

[European Central Bank]

just got registered a couple of days ago in mmmphilippines
already provide help worth 0.03 btc and i see that site is good and profitable in long term.

Dude, are you totally blind? Do you know anything about the track record of the guy running this? Never in history has something like this been sustainable. This won't be any different.

[allyouracid]

just got registered a couple of days ago in mmmphilippines
already provide help worth 0.03 btc and i see that site is good and profitable in long term.

Dude, are you totally blind? Do you know anything about the track record of the guy running this? Never in history has something like this been sustainable. This won't be any different.

They won't listen. Usually, it's all bullshit what we're saying, and we have no idea what we're talking about.

I wouldn't have a problem with that (because it's everyone's own decision to throw away his money) if it wasn't us who have to clean up the mess after so many people got burned, asking why the hell nobody told them that it was a scam.

No, guys. It's not that we didn't tell you. You didn't fucking listen. As you don't, every time such scam models appear.

[target]

I personally knew someone who had invested on mmglobal and she said he had withdraw more than she had invested. I told her there were accusations and that its a ponzi, not sure if she believed it.
our discussion swerve somewhere else after it

[tmfp]

Not looking too rosy in MMMland China. After the explosion of interest and investment late last year (that possibly helped increase Bitcoin's value), currently unverifiable reports (I'm working on it) say

jan 16, 2016:
MMMGlobal the biggest scam in the world. At the beginning you can get you money and interest but later all you have will disappear.
I am a paricipant from China and now our money is lost for good. So be careful. Take your money out as soon as possible and never do it again.

jan 16, 2016:
mmm is scam. today, in china many MMM leader has been killed. and so a lot of mmm member death from a building.

Possible trigger for the inevitable is Chinese government action, as reported on http://english.caixin.com/2016-01-19/100901352.html

tl,dr:

The January warning said MMM China is among an emerging number of unlicensed organizations that aim to attract online investors with promises of high returns while employing a business model that looks to be a Ponzi scheme...

"Such operating models present huge investment risks and their capital flows are not sustainable," the warning said. "Once the capital chain breaks, investors will face severe losses."

The dreaded "reset"

Several investors told Caixin the website closed in December, freezing their accounts without warning. A December 25 announcement on the website said investment cycles and interest payments would be calculated differently in the future, and all previous requests for withdrawals had been canceled.
Investors could still not get into their accounts as of January 19.

A google translated headline from TMTPost

"MMM hoax" looted Chinese, ten billion private assets is cleared

Meanwhile, in RSouth Africa, where MMM has both MMMRSA and MMMGlobal, socmed reports that one of South Africa's largest retail banks, Capitec, are making life difficult for large cash GH/PH movements, causing much wailing and anger amongst MMMers, South Africa has a long history of "stokvels", localized mutual lending clubs, and many view MMM as just a bigger and better version.
Whether this will drive more traffic to the bitcoin denominated MMMGlobal remains to be seen, or it might signal that the authorities are finally getting their ass in gear.

[gentlemand]

Golly, what a huge shock. I thought it was supposed to transform the entire planet thanks to one sweaty Russian criminal. What the hell went wrong?

[tmfp]

Golly, what a huge shock. I thought it was supposed to transform the entire planet thanks to one sweaty Russian criminal. What the hell went wrong?

Yeah I know lol, I was really looking forward to the

Financial Apocalypse! That’s the only thing that can break our financial chains and save us all. Release us finally from the continuous slavery. Everything old will burn in its fire and the new will appear.

especially as it pays 100% a month. I blame the Illuminati personally.

[gentlemand]

especially as it pays 100% a month. I blame the Illuminati personally.

Anyone who's anyone knows that banks REALLY pay savers 50-200% interest per month. It's the fucking lizards in the middle who siphon it off and we never get the spoils.

[crazyivan]

STOP GIVING AWAY YOUR MONEY TO SCAMMERS!!!

There s no such thing as 3 months ROI, FFS, learn that finally.

[tmfp]

Anyone who's anyone knows that banks REALLY pay savers 50-200% interest per month. It's the fucking lizards in the middle who siphon it off and we never get the spoils.

[gentlemand]

I can't. I've already said too much. I'm pretty sure They have installed cameras behind my eyes but don't check them very often. I'd better stay under the radar.