MMM Account frozen! Why Suicide? You should have known?

Hope you know what is trending now? MMM Nigeria has frozen participants accounts and good Samaritans are on the look out for any one who might be attempting to commit suicide as a result of this development? Except for the few Nigerians who have not really seen what is good about life most Nigerians have thick skin. Nigerians only used MMM to calm their nerves in the face of recession that is biting us hard. Even before the MMM participants account was frozen Nigerians were already diversifying into other money doubling scheme, before the advent of MMM, Naira bet, Lotto and Bet naija were the other of the day. Now that MMM has frozen participants account what next? Suicide isn't? No of course because you should have known!

Investment come with risk! you should have known? Mind you for every investment you are advised to consult your Accountant, financial experts or Solicitor before risking your money. Did you consult any of these people before "Doing MMM"? You did not because you feel they might be charging you out of the 30% ROI (Rate on Investment) the scheme promised. You are quite right, they will but they would have expose you to the danger in MMM. For instance an Accountant would have reminded you that MMM have no structure and specific process that will clearly define how your investment will yield 30% interest within 30 days. An Accountant would have advised you against it base on that. Besides, he would have gone further to explain to you that money only move in vicious circle in MMM scheme without been put into use by the intermediary in such a way that it will generate the 30% ROI for you. An accountant would have refer you to a Financial Experts for more reasons why you should be careful with MMM.

Investment! the higher the risk the higher the returns that is a law in Finance. So a Financial experts would have reminded you that,as well call your attention to the fact that you "accepting help" without paying interest is a scam and you giving out help with hope of 30% returns is bobby trap. Finally, you would have been reminded that participating in MMM is a financial deals outside the financial market so your transactions is not govern by law of the land. Then he would have called in a Solicitor.

A Solicitor would have reminded you that MMM does not enjoy entity concept that is expected of a business organization, hence in case of breach of contract you can not sue MMM, and he would have called your attention to the fact that MMM is social platform with exclusive right to freeze your account or block if it deem it fit. He would have also reminded you that the warning by MMM that you should use your "spare money" is an indication that the social platform is also aware of the risk in it operations. Finally, MMM is not under the authority of any of the bodies that regulate the economy so you are not likely to enjoy the protection of any of them incase you have issue with MMM. Then you wonder why the Government allows MMM? It is more of social platform,so base of your fundamental Human right of freedom of association, it will be wrong to infringe on your fundamental human right. It will be unfair for Government to ban MMM and allow other similar scheme to flourish.

Hence, the fact that MMM is a social platform the participants could still hope in good fate that the account frozen was to stabilize the circle as the organizers promised. Base on the analysis above I am convince that you will know what to do with your money incase MMM bounce back.
.angel