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Behold the owner of MMM Nigeria, He is a pastor




The brain behind popular ponzi scheme MMM which has been written off as a scam in Nigeria, has been revealed.

Pastor Ernest Chigozie Mbanefo is said to be the Nigerian MMM owner

According to reports from, the face behind MMM Nigeria has been revealed to be one Ernest Chigozie Mbanefo, a South African-based pastor who was once with the Living Faith Church A.K.A Winners Chapel, in Nigeria.

This revelation stems from the fact that Pastor Mbanefo who is the founder/senior pastor of the Justified Youth & Singles Ministry, owns the domain, which was registered on June 7, 2016, T17:01:12Z.

The ponzi scheme which reportedly has about 509, 021 members currently, was tracked to Mbanefo, after it was noticed that he made a one-year domain payment (meaning the domain will expire on 2017-06-07).

Mbanefo was issued a ‘certificate of completion’ from the MMM Academy (signed by the owner, Sergei Mavrodi), for completing his MMM Guiders School, on July 15, 2016.Pastor Mbanefo was issued an MMM certificate of completion

Based on information from a site known as, Mbanefo has been hailed as the leader of the ponzi scheme, in Nigeria.

They wrote:


“MMM Nigeria Super Guider; Pastor Ernest Mbanefo, has been selflessly helping thousands of MMM Nigeria Participants whether or not they fall under his downline structure. The brain behind the MMM NIGERIA REVOLUTION operation has been working selflessly and tirelessly towards the education, information and proper guidance for the MMM Nigeria Community.”

The website however does not state if he is putting up a front for the founder Mavrodi, or if he has complete claims on the scheme in Nigeria.

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