Mavrodi’s death: Nigerian MMM victims, others react


Following the reported death of Sergey Mavrodi, founder of MMM Pronzi scheme from which some three million Nigerians were said to have lost N18bn, some of the scheme’s victims and other Nigerians have taken to their Twitter handles to share how they feel about the passing. The MMM founder died at age 62.

Russian-born Mavrodi was taken to a city hospital in Moscow from a bus stop overnight Monday, March 26, after he felt weakness and pain in the chest area. “The emergency team has failed to save his life. He died this morning,” Russian media reported.

Below are some of the tweets from Nigerians reacting to the development…

@Officialboye “I have finally found closure… No hope of getting my money back as Founder of MMM Sergey Mavrodi dies.#MMM”

@no_rookie “MMM founer Sergey Mavrodi is dead. Died of heart attack. U cant eat Nigerians money just like that, ask Abacha”

@biolakazeem “So which MMM state chapter  finally killed Mavrodi? My money would be on Edo. Closely followed by Kogi. And then the Slay Mamas Chapter. That guy had it coming.”

@Its_SammySnow: “Sergey Mavrodi (Founder Of MMM) is dead, He died of Heart Attack In Moscow, Russia. Hello sir were you expecting Nigerians to let you be?”

@dat_ph_boi: “Sergey Mavrodi don kick bucket!! When Baba Durojegbe’s money got hung on that MMM i knew he wasnt going to allow the thing pass like that. If u know, you know!!”

@fabulous203 “So you people finally killed the #MMM dude? You even made it to look like accident (heart attack) sef. Wow, no words…”

@MGTHEFIRST_SA “After duping millions of people, MMM founder has died of a heart attack in a Russian hospital. Oh well, the stresses of the people who have been duped have caught up to him and finished him.”

@Jajdgenius “MMM Founder, Mavrodi is dead. I’m sure our money that tyn consumed killed him. Nigerians have gone to look for correct charm to kill him…. ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?”

@oge_dola “After duping millions of people, MMM founder has died of a heart attack in a Russian hospital. Oh well, do not RIP Sergei Mavrodi”

@DaminaboEric: “MMM, Sergey Mavrodi founder dies of attack in Moscow… So Amadioha Can Kill Someone In Moscow?

@newscantell: “Someone said Sergey Mavrodi died because he was afraid of Nigerians coming to Russia for world cup in June. Man just had to die of heart attack. He wasn’t a great man but he allowed us know which Nigerian bank is fast and reliable. I can’t forget the MMM drama.”

@ezrelaja: “Sergey Mavrodi is dead! The Man died with my MMM money!  May his soul not rest in peace.”

MMM became fully operational in Nigeria in 2016. It was embraced by some Nigerians and seen as a quick money-making venture. They ignored warnings by the Central Bank of Nigeria, CBN, NDIC, previous records and religious bodies to Nigerians to desist from investing in the Ponzi scheme.

When the system crashed for unknown reasons in 2016, a total of N18billion was thrown into the sea resulting in the death of many. Despite plans to revive the business in 2017, it yielded little success.


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