Despite several warnings about the MMM wonderbank, a housewife landed herself in serious trouble by investing the family savings in the ponzi scheme.
The woman identified as Mrs. Ogenyi got severe beating from her enraged husband on Balogun Street, Iyana Ipaja area of Lagos State on Sunday afternoon after he returned from a trip and discovered that the family’s saving box was nowhere to be found.
The man who hails from Benue State questioned his son, Oche, who told him that his mother went out with her friend around 4pm and was yet to return.
Unfortunately, the man who works as a driver with one of the commercial transport companies later found the saving box broken and empty in the wardrobe.
When his wife returned, the man questioned her about the broken savings box and he was not satisfied with the answer she gave and so descended on her and beat her to pulp.
A co-tenant who is privy to the matter said: “When the husband threatened to beat the wife if she fails to tell him who broke the box, she accepted breaking the box and investing the money into MMM. She thought she could get 30 per cent of her income and replace the money before the husband could return.”
The source said the husband had saved the money, over N86, 000, for their new accommodation only for his wife to invest it in MMM.
The visibly enraged man was adamant to the wife’s explanation that she would receive 30 per cent interest in the next 30 days, and insisted that she provided the money before the next morning.
He locked the door of their one room apartment to prevent sympatisers from rescuing the helpless woman and eventually hit her with breakable plate and she collapsed.
The man took to his heels and abandoned his wife with their three-year-old son after he realised that she was unconscious.
Some concerned neighbours were said to have rushed the woman to a hospital where she is currently battling with her life.
Controversies have continued to trail the fast growing ponzi scheme founded in 1989 by renowned Russian fraudster.
It was declared bankrupt three years later leading to the disappearance of Mavrodi until he was arrested in 2003.
Meanwhile, the House of Representatives had last week directed the Economic and Financial Crimes Commission, EFCC, and the Central Bank of Nigeria, CBN, to arrest any body found promoting the ponzi scheme.
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