The
freezing of active accounts by the administrators of the MMM scheme in
Nigeria has reportedly claimed another life after a man was alleged to
have committed suicide.
At least one person was feared dead while several others were
wounded in a stampede at various banks in Warri, Delta State, after the
promoters of the popular Mavrodi Mundial Moneybox (MMM) suspended the
accounts of about 3 million Nigerian participants.
It was learnt that the participants of the Ponzi scheme, who heard
about the announcement yesterday, rushed to their banks out of wild
fantasy of a last minute financial transaction reversal. The people were
reported to have recently 'provided help' to other members of the
scheme while others sought confirmation of their matured proceeds.
Investigation shows that in one of the busiest banks in Warri
metropolis, an elderly man, who was expected to cash N1.5 million
slumped and died when he could not cash the money.
Two other persons, who slumped in the same manner, were quickly
revived by sympathisers. Scores of others sustained serious injuries as
they rushed to get their hard earn money.
Bank officials refused to speak on the issue. Meanwhile, hoodlums
and other unscrupulous people were cashing in on the confusion and rowdy
situation to extort money and rob customers who have continued to
besiege banks.
This report is yet to be independently verified by news
correspondents of Tori News working assiduously to fulfil their social
responsibilities to the general public.
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