Woman commits suicide after taking loans to invest in Ponz

34-year-old woman identified as Gloria
Samson, has allegedly committed suicide
after she lost a huge sum of money in the
now controversial Ponzi scheme » ,
Mavrondi Mundial Moneybox, popularly
called MMM.
According to a Facebook user, who posted the
sad incident on his page, the Benue State-born
mother of two had taken a huge loan from local
micro-finance banks and invested all in the
MMM scheme » hoping to make a huge profit
from it.
myself after losing N750K’ - Man who attempted
suicide over Ponzi scheme » ”
But shortly after putting in the money, the Ponzi
accounts were frozen in December 2016,
prompting many speculations as to whether it
would come up again.
It was gathered that Samson had earlier
attempted to kill herself on December 28, 2016,
but was rescued by good Samaritans.
But early in January 2017, she allegedly left
home and went to the River Benue in Makurdi,
where she drowned herself. Her body was later
recovered by the police a few days later.
It was gathered that before leaving her home on
the day of her suicide, Samson was said to have
pleaded with her young children to forgive her
and at the same time, told the children to tell
their father to forgive her as well.
The deceased’s neighbours at her husband’s
residence on Vandeikiya Street, High Level,
Makurdi, disclosed that Samson had borrowed
about N400,000 from different microfinance
banks and invested it in the MMM scheme only
for it to announce a freeze on cashing out a few
days after her investment.
One of the neighbours said:
“What we gathered is that she had borrowed money
from four different places and invested in MMM but
shortly after, MMM suspended payment to
subscribers. Since then, she withdrew to her shell.”
The deceased’s husband, Samson David , also
confirmed the fate that befell his wife but said
he was unaware that loans she took loans from
the banks were to invest in the Ponzi scheme.
“Towards November and December 2016, I
discovered she took loans from four places over
N400, 000, but I did not know what she actually did
with the money because this time, there was
nothing in her shop to suggest that she invested the
money into her business
The State Police Public Relations Officer (PPRO)
ASP Moses Yamu, has confirmed the incident,
saying that the woman’s body was recovered
from the River Benue by the police and that she
has been buried by her family.
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