Amaka Obiefuna.

Apostle Johnson Suleiman, founder of the Omega Fire Ministry (OFM) has described the Ponzi financial scheme popularly known as MMM as satanic.

He criticized the scheme in one of his Sunday sermons and this has gathered heated discussions and debates in the country. According to a video posted on Instagram by user @klintoncod, it showed the pastor asking any of his congregation to come forward for deliverance if they had been involved in the scheme.

Relatively, members of the scheme are in confusion as one of its sister money doubling scheme, Ultimate Cycler has reportedly crashed some days back.

Presently, there are up to 40 money doubling schemes in the country which include MMM, Givers Forum, Get Help Worldwide and many others.

The Central Bank of Nigeria and the Nigerian Deposit Insurance Corporation (NDIC) are however oblivious to those behind the ventures.