MMM back and better

​One of the world’ s biggest Ponzi schemes , MMM , has announced its return in Nigeria , one month after it caused panic by freezing the accounts of about three million Nigerians.

In a letter to participants on Friday it said , “ The holiday are over, and we ’re now open . Just as promised . ”

Financial authorities , which have since declared the scheme illegal, have yet to comment on the latest development .

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