MMM Crash: Stampede in Bank As Elderly Participant slumps & dies

An elderly man on Wednesday slumped and died, while many others were wounded in a stampede at a popular and highly patronised bank in Warri, Delta State, after the promoters of Mavrodi Mundial Moneybox (MMM) froze the accounts of about 3.3 million Nigerian participants.

It was learnt that the participants in the Ponzi scheme, who heard about the announcement yesterday, rushed to their banks to verify. Investigation shows that in one of the busiest banks in Warri metropolis, an elderly man, who was expected to cash N1.5 million slumped and died when he could not cash the money.

Two other persons, who slumped in the same manner, were quickly revived by sympathisers. Scores of others sustained serious injuries as they rushed to get their hard earn money.

Bank officials refused to speak on the issue.

The post MMM Crash: Stampede in Bank As Elderly Participant slumps & dies appeared first on Naijanewsmag.



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