MMM founder writes FG; lists benefits.

Ponzi scheme company (MMM) Founder, Sergey Mavrodi
has allegedly written an open letter to the Federal
Government of Nigeria explaining the benefits of the
scheme.
According to www.nan.ng the letter was displayed on the
page of all participants of the Scheme.
Recall the the Securities and Exchange Commission (SEC)
and the Central Bank of Nigeria (CBN) had warned Nigerians
against participating in the scheme which it described as a
“Ponzi”.
The House of Representatives in October also ordered an
investigation into the operation of the scheme.
According to the letter, Mr Mavrodi implored the government
to look at the benefits of the scheme rather than be against
it without knowing how it was helping Nigerians.
He insisted that if the government was really interested in
the welfare of the Nigerian participant, then the scheme
should be left alone arguing that MMM was helping the over
3 million Nigerian participants.
Sergey Mavrodi of inventor MMM
Read below the full script of the letter as obtained by our
correspondent from the Dashboard of one of the
participants.
Open Letter from Sergey Mavrodi to the Nigerian Authorities
Honorable authorities,
So far MMM has come under a constant attack from you. In
this regard, I would like to ask you a few simple questions.
Since you are concerned with the interests of millions of
your fellow citizens, I hope that you would be so kind to
answer them.
What are you trying to get? Do you want the MMM System
to collapse and millions of people to suffer? Who will
support them then if now MMM is their only means of
livelihood? Will you? You even don’t pay wages to people?
Or might you not care about them? Might you be using a
trendy topic to make a good name for yourselves? What will
you say to a mother who will have no money to buy food
for her child? Will you let her child die for the sake of the
higher interests of the economy?
You say that MMM is a scam.
What is the scam here, if all members are warned in
advance about all the risks, the possible and impossible
ones? They know there are no investments at all. The
warning is a red text on a yellow background placed on
most prominent place of the website.
You say that MMM is bad. Why? Yes, it produces nothing,
but nothing gets out of the country either. The money is just
redistributed among the citizens of Nigeria. It gets from
those who are richer to poorer ones, in this way restoring
social justice. What”s wrong with that?
You have repeatedly stated that “it should be investigated!..
researched!..” It means you know nothing about this
System yet; you even haven’t understood how it works………
And finally. If you know what is right for people, why is the
life so bad in the country?
Sincerely yours,
Sergey Mavrodi
P.S. As for your statement that “everything will collapse
soon”. The system has been working in Nigeria for a year,
and according to your estimates, the total number of
members now is about 3 million people. In Nigeria the
population is approximately 195 million. Can you calculate?
Will it be “soon”?