Irritated by what he described as bad press against the wonder-bank, Mavrodi Mundial Movement, MMM, its founder, Sergey Mavrodi, has written an open letter to Nigerian journalists, “analysts” and all kinds of “experts” who according to him are guilty of causing unnecessary panic and tension among MMM participants in the country.

Sergey Mavrodi of inventor MMM Mavrodi who expressed his disappointed about the way MMM is being painted in the media, said emphatically that “MMM will be back in January” while stating that the rumour about the scheme collapse should stop. Mavrodi’s open letter is coming after a one-month freezing of confirmed “Mavros” notice was sent to MMM Nigeria participants on Dec 12, 2016. Sergey Mavrodi went ahead to describe articles from Nigerians journalists and bloggers as “provocative and worthless.” His statement read: “Dear journalists, “analysts” and all kinds of “experts”! Please stop using MMM to gain cheap popularity.