Top tier Nigerian bank writes letter to customers warning against ponzi scheme
Access bank has written a letter to all its customers warning them of the dangers of participating in MMM, a ponzi scheme gaining a lot of traction in Nigeria.
The management of the bank deemed it necessary to send the warning letter after noticing that a bulk of their customers were neck deep in the scheme.
The letter read;
It has come to the attention of the Bank that some customers are engaged in the Pone scheme called ‘MMM’. Please be advised that this scheme is not in line With any apptIcable or known investment product and may ultimately lead to loss of funds on the long run.
We advise that customers avail themselves of genuine and approved investments products in the Nigerian banking environment.
Thank you for Choosing Access Bank.