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MMM Founder, Mavrodi, Dies Of Heart Attack

Russian businessman and founder of the MMM Pyramid scheme, Sergei Mavrodi, is dead.

According to Russian media, Mavrodi whose MMM pyramid scheme deprived millions of Russians their savings in the 1990s, died of a heart attack.

Radio Free Europe/Radio Liberty reports Monday that the 62-year-old was rushed to the hospital late on March 25 with pain in his chest and died several hours later.

Mr. Mavrodi’s MMM financial pyramid was a typical Ponzi scheme in which earlier investors receive their profits from subsequent investors. It also promised returns of 20 per cent to 75 per cent a month, as well as lotteries and bonuses for investors. As soon as the number of new clients stopped growing, the pyramid collapsed, causing huge financial losses for at least 10 million people, in some cases leaving them destitute.

In 1994, Mr. Mavrodi was elected as a lawmaker, a decision he later said was to ensure he received immunity from prosecution although he later lost his parliamentary mandate.

A Moscow court found him guilty of financial fraud in 2007 and sentenced him to 4 1/2 years in a penal colony.

Mr. Mavrodi launched another pyramid scheme called MMM-2011, calling on investors to purchase so-called Mavro currency units in a bid to get rid of the “unfair” financial system. The project was however halted after a few months.

Between 2011 and 2016, Mr. Mavrodi launched Ponzi schemes under the MMM brand in India, China, South Africa, Zimbabwe, and Nigeria.

The operations were subsequently shut down in many countries, including Nigeria.

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Atiku Abubakar has joined the #10YearChallenge craze on social media as he shares his own photos on Twitter.

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Atiku%20a

Atiku AbubakarThe presidential candidate of the Peoples Democratic Party, Atiku Abubakar, on Wednesday, joined the viral#10yearchallenge.

Atiku shared a photo collage, supposedly showing how he looked ten years ago and how he looks now.

He shared the photo on his verified Twitter handle.

He captioned the photo collage,”My #10YearChallenge.#Smile”The 10-years challenge has been sweeping the cyberspace with a lot of social media users sharing old photos of themselves alongside new photos, to portray how the years have changed them.

Below is what Atiku posted:

Atiku%2010%20years
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Buhari Sheds A Tear As He Campaigns In Kaduna, Overwhelmed By Crowd

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President Buhari’s campaign in Kaduna today was a very big success!!!

He was overwhelmed by crowd. Governor Nasir El-Rufai made sure the campaign was a big success.

Proud Fulani Nigerian lady and Buhari supporter, Zahra Zaraa Danejo

@tinkizee2 shared a very amazing video and reported how President Buhari cried in Kaduna due to the overwhelming love he got from the people of Kaduna.

She shared the video which was retweeted by Governor El-Rufai and wrote:

“PMB sheds a tear as he is overwhelmed by the love of the mammoth crowd.”

Others also shared incredible videos from President Buhari’s massive campaign in Kaduna.

Watch videos HERE

See more amazing graphic photos and reactions….

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Nigeria to experience total lunar eclipse on Monday – NASRDA

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Partial Solar Eclipse Clouds

The National Space Research and Development Agency (NASRDA) on Friday said Nigeria will join other countries of the world to experience total lunar eclipse on Monday.

The information was contained in a statement issued to NAN by Dr Felix Alle, the Head, Media and Public Communications of the agency in Abuja.

According to Alle, lunar eclipse is one in which the moon appears darkened as it passes into the earth’s shadow.

He stated that “lunar eclipse occurs only when the sun, earth and moon are exactly aligned with the earth between the two.

“There will be a lunar eclipse over Nigeria on Monday, Jan. 21, 2019.

“The eclipse, expected to be total, will begin in the evening of Sunday and end on Monday.

“The eclipse will start across Nigeria in the early hours of Monday at approximately 3.36 a.m. to reach its maximum
at 6.12 a.m. and end at about 6.51 a.m.

“The total duration of the occurrence over Nigeria will be three hours and 15 minutes.”

The media head said that the lunar eclipse would by 4.33 a.m. become partial eclipse, where the moon would start getting red.

He added that “at exactly 5.41 a.m., a maximum eclipse of the moon which may be visible to human sight will be witnessed, while the moon eclipse is expected to end at 6.43 a.m.”

The communications officer stated that the eclipse was expected to take place across North, South America, Western Europe, North and West Africa and Asia.

He said that the year’s total lunar eclipse would be the last eclipse to be experienced until 2021.

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