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Access Bank Writes Its Customers Over MMM Ponzi Scheme

naijalog by naijalog
December 7, 2016
in Top Stories
Reading Time: 1 min read
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Nigerians have been warned by the Access Bank of Nigeria (CBN) not to deposit money in any institution that is not insured by the Deposit Insurance Corporation (NDIC).

The Access Bank of Nigeria has warned its customers to be careful of any deposit money institution that is not insured by the Nigeria Deposit Insurance Corporation (NDIC)

In a letter the bank sent to its customers, Access Bank cautioned that those involved in the controversial ponzi scheme, MMM, adding that the customers who are involved in the MMM, stand a risk of loosing all their money.

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Read the full letter below;

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Comments 1

  1. Gloria ogbonnaya says:
    10 years ago

    The question is would they listen? One good thing is that they do it at their own risk

    Reply

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