The news of MMM guider Chuddy Ugorji and his wife Amaka fleeing the country for the Philippines has taken most of the MMM participants by surprise.  This allegations first surfaced in December and at that point, Chuddy refuted the claims saying – “MMM founder is a Russian Sergey Mavrodi not a Philippine.

I have never been to The Philippines; the stories about going to the Philippines are untrue. I stand for the true ideology of MMM which is anchored on providing and getting help willingly.”

Early this year,  another claim of Chuddy fleeing resurfaced on Facebook – “Do you know that Chuddy Ugorji made over N5bn within a year? I heard that he has relocated to Philippine as MMM ask members to provide help before they can get their money. Odikwa risky o!” a Facebook user Smith Ibe wrote. Chuddy’s wife has deleted all MMM related posts from public view on her Facebook page.

Meanwhile, the ponzi scheme issued new guidelines on Wednesday. It said, “As a necessary measure, we decided to set limit to withdrawal this week thus the N31,000 maximum withdrawal on your PO.

“We are still committed to priorities paying smaller amounts first and gradually increase the amount to higher ones. The system does the calculations and knows how to calculate everyone’s mavros.

“Between Friday that we opened and today, hundreds of thousands of GH orders have been matched.

More and more GH orders will be matched as time goes on. If you see error notification when trying to GH, just keep trying.

“PH to GH is still a suggestion to be tabled before Sergey Mavrodi for consideration. Disregard any info suggesting that you must PH to GH till further announcement in your PO. Freezing of bonuses for now is another suggestion to be tabled before Sergey Mavrodi for his consideration. Which means if approved, you will only be able to GH your personal contributions for now until the system recovers and stabilises.”