The salesman, John Okonkwo, a 24 year old salesman who allegedly stole his employer’s N3.5 million and invested in the Mavrodi Mondial Movement (MMM) scheme, appeared before an Ojo Magistrates’ Court on Thursday. MMM is a notorious ponzi scheme which promised many Nigerians 30 per cent return on investment but leftf them disappointed and defrauded of their monies.
Thursday, November 9, 2017
MMM lands salesman in court for stealing N3.5m
The salesman, John Okonkwo, a 24 year old salesman who allegedly stole his employer’s N3.5 million and invested in the Mavrodi Mondial Movement (MMM) scheme, appeared before an Ojo Magistrates’ Court on Thursday. MMM is a notorious ponzi scheme which promised many Nigerians 30 per cent return on investment but leftf them disappointed and defrauded of their monies.
Admission: Unilag denies 24,000, takes only 8000
No fewer than 24,000 applicants to the University of Lagos who scored 200 marks and above will still be unable to secure admission in the institution in the 2017/2018 academic session. The outgoing Vice-Chancellor, Prof. Rahamon Bello, gave the indication at a forum with the News Agency of Nigeria (NAN) in Lagos.