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MMM Nigeria Man ingest insecticide following crash of Ponzi scheme

Adakole was hoping to get thirty percent of his N300,000 investment before the Ponzi scheme crashed.

  • Published:
Poisonous substance. play

Poisonous substance.


An MMM Nigeria investor named Adakole, has resorted to poisoning himself by ingesting an insecticide following the alleged crash of the Ponzi scheme.

This occurred on Tuesday, December 13, 2016 in Otukpo, Benue State, according to the Daily Post News.

The incident had every complexion of wrong timing as it was gathered that Adakole was preparing to have his wedding on December 28, 2016.

He reportedly invested a sum of N300,000 into the scheme with the hope of getting a thirty percent return before the big occasion.

ALSO READ: Fear grips millions of Nigerians as Ponzi scheme freezes

According to the Daily Post, a source close to the man said:

“Kole is my childhood friend, we all grew up in Ugbokolo but when he traveled to Abuja to meet with the pastor of his fiancée, he said someone introduced him into the MMM thing but I and his babe warned him but he told us the scheme was not a scam.

“He invested the 300k he was saving for his wedding into the thing and was expecting to get the 30 per cent before his wedding on 28 of this month.

“This early morning, he called me to check the internet if the story of the alleged crashed of the scheme was true, I told him so I heard and he screamed and hung up.

“When I heard him, I knew it was no longer funny, so I had to rush to his house around Sabon Gari to discover that he had taken Raid insecticide. I had to call the fiancée to inform her.

“I had to take him to the clinic where he is currently battling for his life. The babe is already on her way from Abuja."

On Twitter, the Economic And Financial Crimes Commission (EFCC) have joined in the trolling of many Nigerians who naively invested funds into the MMM scheme.

For now, investors in the programme are likely just going to rough it up in what might look like a very dark Christmas season.

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