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26 Jan 2017

Woman Commits Suicide After She Borrowed Money From Bank To Do MMM (photo)

Photo used for illustration
The sudden death of a 34-year-old mother of
two identified as Mrs Gloria Samson in Makurdi,
the Benue State capital, has been blamed on
the notorious ponzi scheme, Mavrodi Mundial
Money box (MMM).
According to reports, the woman was said to
have left her home on December 28, 2016 to
drown herself in River Benue as her body was
discovered on January 2, 2017 by police.

The deceased reportedly decided to take her
life after the freezing of MMM because she had
obtained loans in four places and invested it in
the ponzi scheme of Russian origin.
It was gathered that when she was leaving the
house, she was said to have pleaded with her
children to forgive her and at the same time
told the children to tell their father to forgive
her as well.

The deceased’s neighbors at Vandeikiya street,
High level in Makurdi, disclosed to newsmen
that she had borrowed about N400,000 from
different micro finance banks and invested it in
MMM only for the scheme to announce a freeze
on cashing out a few days after her investment.
“What we gathered is that she had borrowed
money from four different places and invested in
MMM but shortly after MMM suspended payment
to subscribers, she withdrew to her shell,” one of
the deceased's neighbours said.
Thw late woman's husband, Samson David,
confirmed that he was aware his wife took
loans, but he could not confirm if she actually
invested it in MMM.

“Towards November and December, 2016, I
discovered she took loan from four places over
N400,000.00, but I don’t know what she actually
did with the money because this time there was
nothing in the shop to suggest that she invested
the money into her business and truly she took

The state police spokesman, ASP Moses Yamu
confirmed that the Police actually recovered the
body of a woman from River Benue, adding that
she was buried last Friday at the Ankpa ward
public cemetery.

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