MMM Zimbabwe Froze Withdrawals, Old Members Lost 80% Of Funds

     Less than three weeks after Zimbabwe’s National Reserve bank warned citizens to stay away from MMM, the scheme might be showing signs of imminent collapse. MMM Zimbabwe had in some few weeks ago stopped all withdrawals and allowed deposits.


       As reported by BehindMLM. In an effort to stave off an inevitable collapse, MMM Global’s Zimbabwe chapter froze investor withdrawals. Deposits were still permitted, with the intention being to collect money without withdrawals draining the system and unfreeze existing accounts on September 15th.

      That plan has now been cancelled, with MMM Global Zimbabwe prematurely unfreezing investor withdrawals.
Source-Pageone