PopularPopular Pastor spends over N4.3 Billion on New Mansions, Shows off Luxury Cars (Photos)

Prophet Shepherd Bushiri who is arguably one of the richest pastors in Africa has just proved his worth by acquiring a house reportedly worth billions of Naira.

The controversial preacher who is also the founder of the Enlightened Christian Gathering Church(ECG) in Malawi, seems to enjoy living a luxurious lifestyle.








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Prophet Bushiri who already owns three private jets which he acquired in the space of two years, recently purchased a mansion reportedly worth $12million (about N4.3billion).

A post showing the preacher, his wife and some of his exotic cars, was shared on Facebook by Zimbabwe Today, who asked their followers if they think giving tithes benefits their pastors.

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Yahoo Yahoo! EFCC Nabs 100 Undergraduates For Internet Fraud, Online Love Scam


The Economic and Financial Crimes Commission (EFCC), Ibadan Zonal Office, has arrested more than 100 undergraduates of various tertiary institutions over financial crimes ranging from online love scam popularly known as ‘Yahoo Yahoo’, Automated Teller Machine fraud, and online marketing fraud.

The anti-graft agency also said that it had recovered a total of N277,931,341.31 from the fraudsters in the past nine months – which represents an increase of more than N57million over the N220million it recovered in the previous year.

The commission’s Deputy Zonal Head, Ibadan, Kazeem Oseni, made this known on behalf of the Acting Chairman of the commission, Ibrahim Magu, during a press conference on Monday, in Ibadan, the Oyo state capital.

He added that 50 cases had been instituted against the perpetrators of the financial crimes with 381 other cases being investigated.

He said, “The commission is attending to 431 cases among which 50 cases are already in court. In the past nine months, we have arrested 195 individuals in connection with bank fraud, internet fraud, land and general disputes. Among the cases in court are the ones involving the Vice Chancellor of the Obafemi Awolowo University, Ile-Ife, that of the Federal University of Technology, Akure and the Federal University of Agriculture, Abeokuta.

“The prevailing case in Ibadan is internet frauds involving young people. The Ibadan office has so far recovered N277, 931,341m from various financial criminals while we have also recovered objects like cars used by fraudsters to perpetrate crimes.”

In Ibadan, the so-called ‘yahoo-yahoo’ is understood to be the most prevalent financial crime with more than half of the seized vehicles recovered from the ‘yahoo-yahoo boys.’

​Venezuela’s currency is so worthless that people don’t count it but weight it


The Inflation rate in Venezuela is predictable to be 720 % this year, with the biggest Bolivar bank note now to be valued at just US5 cents on the black market. Few shop cashiers reported that they have started weighing rather than counting the pack of cash which consumers offer to them, and normal size purse have become useless in the South American regions. Many citizens now carry a large amount of cash in handbags, money belts, or backpacks instead of wallets. The scene shows hyperinflation and its effects.

In 2014, the dropping international oil prices destroyed the economy of Venezuela. To fix the issue, President Nicolás Maduro reacted by altering the currency exchange rate and ordered banks to produce more money, which eventually undervalued the cash, while goods prices rose. Jesus Casique, a consulting company executive, told the news site that even this method of weighing cash was not very common everywhere, it was an indication of a monetary disaster. He said that when we start weighing cash instead of counting it shows the rise in inflation. It is worst that Venezuelans don’t realize how terrible it is because the authorities do not announce the facts and figures.

Humberto Gonzalez, who runs a meat and cheese selling shop in the city, said that he uses similar scales to weigh and assess pieces of salty white cheese and the tons of bills which consumers handed over to him. Mr. Gonzalez told Bloomberg that it is a very sad thing and at this point, he believes that the cheese values more. Oil accounts for an amazing 95% of the Venezuela’s exports, and one-fourth of the country’s economy, with the generated revenues fulfilling approximately half the government’s budget. This kind of dependency on only a single export discourages all the other businesses in the country and this is known by economists as Dutch Disease.

When the price of oil in the universal market distorted in 2014 by two-third, Venezuela had nothing much for its backup. So, an ordinary response would have been for the Bolivar to fall. But Mr. Maduro, who died in 2013, as a substitute attempted to alter the exchange rate, generating a gigantic black market for money. Buying dollars and selling them for Bolivars set a feedback loop which increases inflation. The 42-year-old owner of a small newspaper kiosk told that he gently fills a plastic bag with his daily income, approximately 100,000 Bolivar (around £42) in notes of 10, 20, 50 and 100 Bolivars. Venezuela has one of the highest crime rates and he is afraid to lose his money while carrying to another place.

The ATM machines need to be refilled every 4 hours. The value of money dropped to the ground. Bremmer Rodrigues, the owner of a bakery, said that it is difficult to manage his daily hundreds of bills. He hides the cash in his office, stacks in cartons to carry it to the bank. He said if anyone sees him like this, he might be misguided for a drug trader.

BUSINESS OWNERSHIP FOR VETERANS: TIPS FOR FINDING THE RIGHT FIT

Many people who live with disabilities consider taking the plunge into business ownership, and this desire is especially common among veterans. Whether there are physical limitations, mental health issues, or challenges with a veteran’s health, owning a business can be a great way to bring in some income while maintaining flexibility and control of one’s daily routines. There are plenty of different businesses that those with disabilities can own, but some options work especially well by being both fairly lucrative and low-pressure.
Veterans bring a great skill set to business ownership
As Profitable Venture notes, many veterans will start businesses that tie-in to military-related fields. Owning a business as a veteran can be an enticing opportunity, and many people with a military background can be quite successful because they are already accustomed to working hard and maintaining structure and discipline. Even if there are health challenges or disabilities in the mix of things, it is possible to build a very successful venture.
Many people living with disabilities or veterans who are looking at business ownership will pursue retail or franchise opportunities. Entrepreneur shares that franchises can be a great fit for many veterans because of the leadership skills they possess and the determination and structure they bring to the table. Some franchises like Pillar to Post Inspection Services, Jan-Pro Franchising, Aire Serv, and Mr. Appliance Corporation have shown a solid track record of having veteran-owned franchises.
Some franchises offer discounts to veterans, and some offer more potential than others

Services such as home inspections, auto glass repair, signs, and heating and air-conditioning services draw in many veterans looking to start their own businesses, and these types of franchises often mesh well with one’s past military experiences. Some popular franchising opportunities even offer discounts off of the franchise fees, a very attractive option for veterans looking to transition into a new career.
Other home business ideas that can work well for veterans or those with disabilities include owning an ATM business or providing consulting services. Restaurant or retail franchises can be attractive options, but Military.com cautions veterans that retail stores, restaurants, travel and tour businesses, and transportation services can be challenging businesses to run. On the other hand, home health care services, computer or Internet-related businesses, and child care services are possibilities with a great deal of potential.
Veterans should utilize available resources that make the startup process easier
Many of these types of businesses also allow veterans to ease back into civilian life by maintaining a need for structure and discipline while also offering up flexibility. For those veterans anxious to own their own business, some support and resources can help pave the way and pin down the best fit. For example, Startup Veterans is one option that veterans can use to get a handle on various business possibilities and they offer a solid support system to help make things happen.
The Small Business Administration recommends utilizing the Boots to Business program, a training and education program that guides veterans through the process of starting up their own business. It is imperative that those with veteran’s health challenges or people with disabilities move forward on business ownership methodically and carefully, and these resources can have a big impact on that front.
When one’s military service days are over, it can be difficult to adjust to civilian life. For many veterans, especially those who come home with disabilities or mental health challenges, owning a business can be a desirable next step. There there are numerous types of self-owned businesses that can become successful, but some are a better fit and more lucrative than others. Finding an opportunity that is a great fit can be a challenging venture, but one that is packed with potential rewards as well.

“This was the same technique MMM used to scam South Africans” – SA man mocks Nigerians

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Reactions are coming in from South Africa.. People from South Africa are alleging that this is the same way MMM crashed in their country… and we couldn’t help but make a little research.

Find below a report by some media outlets in South Africa, the day MMM announced they were going on a break:

Controversial “donation platform” and alleged Ponzi scheme, MMM South Africa collapsed and rebooted amid what it calls a “media panic”.

In a notice posted to participants of the scheme after it happened, the group said that “persecution against MMM organized by the mass media” has provoked a panic which has forced the scheme to “start all over again”.

The group’s administration said that the scheme’s currency – “Mavros”, named after the scheme’s founder, convicted Russian fraudster, Sergey Mavrodi – had been frozen and were impossible to use.

The group blamed the collapse of the system on media reports and South African banks, which it alleges have hurt and robbed “millions” of people who were part of the MMM scheme.

The scheme said it has started over with a clean sweep, with a plan to compensate users for any Mavro funds which were frozen.

The “old” version of the Mavro currency will be ‘bought out’ through trades of the “new” version of the currency, where equal value would be paid out to participants over six months, using 10% of total trade – effectively placing a debt burden on all participants.

The notice popped up on participants’ dashboards over the weekend (1 May 2016), but was no longer appearing by Tuesday, according to users. The notice was captured and posted to social media:

Dear participants!

Unfortunately, the persecution against MMM organized by the mass media has provoked a panic. We have been working in South Africa for almost 2 years and we have millions of members. During all that time, we had no complaints and accusations from participants, everything was paid to everyone in time and in full amount, by 30% per month. We held charity events and helped children. We did a lot of useful things for people! Well, who was suffering from this?

The bankers and the adherents of the current unjust financial system. That is why they planned and brought all these crazy investigations and persecution in the mass media. “The only thing which prevents the investigation is the fact that non of the participants reported to the police”. If there are no complaints, and everybody is happy, then what is the investigation for? What is the subject? Did not they understand the consequences? Did not they understand that their irresponsible actions would hurt people? Millions of people! Well, try oppressing any bank, even the most reliable one, in the same way, and see what will happen tomorrow.

However, it is futile to explain that to them. MMM prevents banks from robbing people, that is the only reason why all this is happening. And nobody cares about people. If we managed to pay millions of participants 30% per month for two years (and would still be paying, if the mass media did not lie about MMM!), why do banks not do the same? Why do they offer only a few percents a year? Make your own conclusions. Thought everything is clear right now. You are simply robbed, we have always been saying it. The modern financial system is predatory by nature. It is not for ordinary people, it is for the bankers. Its purpose is financial slavery! And it achieves this purpose perfectly.

In general, in this situation, we have to start all over again. We have no choice. You can see on your own what is happening.

Hence,

1. The current (“old”) Mavros are frozen. Any operations with them are impossible.
2. With the development of the system, we will send 10% of the total inflow (of all the PHs) to pay for the “old” Mavro. According to the experience of other countries, we can definitely say that in the normal course of events, all the old Mavro debts will be paid off in about six months.
3. “New” Mavros (Mavro bought from the moment of this announcement) are introduced. You can use them on a common basis: to ‘acquire’ and ‘withdraw’ them at any time.

All of this, of course, is not very nice, but it’s not the end of the world. We will quickly pay off “old” Mavro debts, no doubt about it. You just have to wait. (And anyway, you can thank your precious media and banks for this “gift”!). The best thing you can do is just to start participating again, that is all. And you will quickly return everything, even with a benefit. Moreover, now is the most favorable time to participate and invite: in fact, everything starts from the beginning. So do not miss your chance! :-))

We hope for your understanding, Administration.

Some reactions from South Africa:

Mmm is happy to scam nigeria people to pay other nigeria in mmm because nigeria people re very stubborn desperate the warning but many still invest in mmm.

U can cry ooo but don’t commit succeed.. It your risk n your faults.. No one to blame. Greed people only join mmm


LOL u should have learned from your brothers and sisters here in south africa , our old mavro maoney is gone as we speak and MMM is at silence as we speak so watch out for this ponzi schemes i have also learned my lesson here in south africa but atleast is not to much money that i lost

Some reactions from Nigerians:

Why do people take interest in others downfall? Why should we pray for others to for misfortunes? Am not an MMM participant, i don’t pray for its crash because, i have seen a lot lives been turns around for good by MMM.Googluck to all…


MMM crash ke? guys wey go carry stroke dis dec go yapa ehn nd Very soon we will start seeing love stories like, We first met on MMM,they Paired us both but she kept on asking for extension which I did.But I noticed she had a nice voice.I then checked WhatsApp,her pic was so dope and we started from there and here we are today.


I got helped this morning and was matched with someone to pay me. Una go crash before mmm crash


The trust is , what happened now is because every one wants to get their money back because of the holiday and not put money. So there is no way it will not affect the system. So the pause mode is to reduce the pressure to take money


Freeze / block na dem sabi. But all I knw is that this their Moku Mogbe Modaran (MMM) of a tin am not interested. Pennywise (sogun di ogoju) don teach me lesson.but me I will keep on warning my people cos this kind thing is real in Abroad but Nijaaaaaaaa! Guys e ja ara yin.Na starting dem get but d finishing………it is well


What I don’t understand is why they won’t announce the freezing to their participants before now, making people say lots of different things. Now even some bastards are making emphasis on how cbn has been warning people about the scheme without them giving any reasoning about who cbn epp, what has the government at large been doing for its citizens? Why won’t people take risks when all we do is work daily without payment, when people are dying of hunger and the so called government are living large buying exotic cars and building mansion everyday without doing no good for the people….. Now people are saying the scheme has crashed? Wow🙊🙊🙊tho am not a participant but then I don’t wish it so. Have heard people say Carpenters should start making lots of coffins because when something like this is gonna happen, people go just dey fall die and die for roadside……And have also heard another meaning given to the so called mmm, people say it’s wen it crashes that the people will understand its true meaning(moku mogbe modaran) God help us….


Come to think of it. The month self don almost finish. Christmas is next week So time fly’s, In no time it will be over. The only people I have concern for is those that


Lazy people. You sleep at home all day and want your money to grow and yet you want Nigeria to be great. This is exactly what Trump said about you guys. I mean you guys. Not the wise ones.. Imagine how great the world would be if everybody gets to invest solely on mmm. Be wise.

Saraki Receives ‘Lashes’ From Nigerians Over His Trial’s Speech (Snapshots)

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Nigerians are obviously not happy with Saraki going by
the responses posted by his followers on facebook.
Saraki had earlier posted;
Saraki : I’m Happy that the Trial Has Commenced
Senate President, Dr. Abubakar Bukola Saraki has said
he is glad that his trial before the Code of Conduct
Tribunal on asset declaration in 2003 has finally
commenced.
Saraki said the proceedings of today has given him
confidence that if the trial is conducted fairly he would
be vindicated.
The Senate President noted that even though the
prosecution tried to bring in some dramatic narratives,
it was clear that they were merely thrashing around and
hoping to titillate the public with salacious tales. He
added that he was hopeful however that when the time
comes, his lawyers will have the opportunity to present
his case.
Signed
Yusuph Olaniyonu
Special Adviser to Senate President on Media and
Publicity

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Checkout The Full List Of Beneficiaries Of $ 2 . 1 billion Arms Deal Saga As Released By EFCC

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Since the Economic and Financial Crimes
Commission (EFCC) began investigating how the
former National Security Adviser (NSA) to former
president Goodluck Jonathan, Sambo Dasuki spent
the sum of $2.1bn meant for arms purchase, names
of politicians and elder statesmen have popped up
on the list.
With more names expected to revealed in coming
weeks, here is the list of names of those that
allegedly received from the arms deal funds.
Quote
Ex-Rivers governor, Peter Odili (N100m)
Ex-Oyo governor, Rashidi Ladoja (N100m)y
Ex-Sokoto governor, Attahiru Bafarawa (N100m)
Ex-Zamfara governor, Mahmud Aliyu Shinkafi
(N100m)
Ex-Anambra governor, Jim Nwobodo (N500m)
Chief Tony Anenih allegedly got N260m
Ex-PDP BoT chairman, Chief Tony Anenih (N260m)
Ex-PDP National Chairman Ahmadu Ali (N100m)
Chief Bode George (N100m/ $30,000)
Yerima Abdullahi (N100m)
Chief Olu Falae (N100m)
Alhaji Tanko Yakassai allegedly got N63m
Gen. Bello Sarkin Yaki (N200m)
Raymond Dokpesi (N2.1bn)
Iyorchia Ayu’s company (N345m)
BAM Properties (N300m)
Dalhatu Investment Limited (N1.5b)
Ex-PDP National Chairman Mohammed Bello Haliru
and his son, Abba Mohammed (N300m)
Sagir Attahiru, serving and former members of the
House of Representatives (N300m)
Former Chairman of the House of Representatives
on Security and Intelligence, Bello Matawalle
(N300m)
ACACIA Holdings (N600m)
Bashir Yuguda (N1,950,000)