Access Bank Writes Its Customers Over MMM Ponzi Scheme

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.

Read the full letter below;