The money lending Ponzi scheme called Mavrodi Mondial Movement (MMM) which froze accounts of Nigerians for one month few days ago has now migrated to Kenya promising citizens of the country 40% return on investments per month.
The scheme which has allegedly crashed in South Africa, Zimbabwe and now Nigeria where its users are in panic mode since their accounts were frozen is now making waves in Kenya after it was recently introduced in the country.
The scheme, which calls itself a Global financial social network but is really just a Ponzi scheme was created by Russian criminal, Sergei Mavrodi.
Many people have predicted that Kenyans are likely to embrace the business idea because of its financial gain.
