The hope mavrodians have of retrieving their ‘investments’ and ‘profits’ from the MMM Ponzi scheme continues to dim as Nigeria’s top guider, Chuddy Ugorji, has reportedly fled the country.
It was gathered that Chuddy left Nigeria with his wife to the Philippines, out of fear.
He fled the country when many investors were waiting to be paid their money with the accrued interest, the News Agency of Nigeria reported.
He was said to have secretly used multiple accounts to make millions from MMM.
Chuddy’s relocation came a day after MMM released new conditions for payment of participants.
He had given the impression that the Ponzi scheme had started paying outstanding money to participants of the scheme. But the payment is just symbolic.
Since MMM’s decision to suspend the accounts of it patrons, reports of it crashing have abound. However, top guider Chuddy Ugorjikept reassuring participants of the scheme’s return. The re-installment of its operations on January 13 authenticated his credibility. Stringent guidelines such as set limit withdrawals at N31000, freezing of bonuses and subsequent non payment of monies prove otherwise.
The social media enthusiast has yet to respond to enquires amidst heightened fears. His wife have deleted all MMM related posts from public view on her Facebook page
The silence of the pair propels accusations of them fleeing to the Philippine. A claim that Chuddy dismissed in December saying “MMM founder is a Russians Sergey Mavrodi not a Philippine. I have never been to the Philippines, stories about going to the Philippines arevuntrue. I stand for the true ideology of MMM which is anchored on providing and getting help willingly.
A few weeks agao, another claim surfaced on Facebook.
” Do yo know that Chuddy Ugorjimade over N5bn within a year? I heard that he has relocated to Philippines as MMM asks members to provide help before they can get their money. odokwa risky o!” A facebook user, Smith Ibe, wrote.
It is said that there is no smoke without fire. Nnayi Chuddy and Lolo Amaka biko address your congregation oh. Ground nor level and people aren’t smiling oh
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