Access Bank Warns Its Customers Against Patronising MMM

Access Bank of Nigeria has warned its customers to avoid dealing with controversial wonder bank, MMM, a ponzi scheme which has been declared illegal by the Central Bank of Nigeria and the Securities and Exchange Commission.

In a circular sent to its customers, the prominent bank cautioned that those involved in the controversial ponzi scheme, stand a risk of losing all their money, as the institution is not insured by the Deposit Insurance Corporation (NDIC).

In the circular, the bank said it had come to its attention “that some customers are engaged in the Ponzi scheme called ‘MMM’”.

 

“Please be advised that this scheme is not in line with any applicable or known investment product and may ultimately lead to loss of funds in the long run.”

“We advise that customers avail themselves of genuine and approved investments and products in the Nigerian banking environment.”

The caution is coming on the back of several warnings from the Federal Government, the CBN, House of Representatives and security agencies.

READ MORE BELOW:

Man Beats Wife To Coma For Investing Family Savings In MMM

‘MMM Is A Fraud, Don’t Patronize It’ – CBN Warns Nigerians

MMM Issues Important Information To Participants As CBN Intensifies Crackdown

See Nigerians Reaction As FG Prepares To Shut Down MMM, Other Wonder Banks

Reps Wants Promoters Of MMM Arrested In Epic Crackdown

We appreciate you for visiting naijafingers, but we think it will be better you like our facebook fanpage and also follow us on twitter below.

Are you an artiste? Do you want your music to go viral and reach a large number of audience? Promote your music on naijafingers by clicking here. You can also advertise your product or brand by clicking here.