By New Telegraph
At least one person was feared dead while several others were wounded in a stampede at various banks in Warri, Delta State, after the promoters of the popular Mavrodi Mundial Moneybox (MMM) suspended the accounts of about 3.3 million Nigerian participants.
It was learnt that the participants in the Ponzi scheme, who heard about the announcement yesterday, rushed to their banks to verify. Investigation shows that in one of the busiest banks in Warri metropolis, an elderly man, who was expected to cash N1.5 million slumped and died when he could not cash the money.
Two other persons, who slumped in the same manner, were quickly revived by sympathisers. Scores of others sustained serious injuries as they rushed to get their hard earn money.
Bank officials refused to speak on the issue. Meanwhile, bandits were cashing in on the confusion and rowdy situation to extort money and rob customers who have continued to besiege banks.
more recommended stories
Asian Shares Under Control of Bears
By Investors Hub Asian stocks ended on a.
UK Stocks Fall as German, French Equities Rise
By Investors Hub European markets are subdued on.
Wall Street Opens Higher on Upbeat Earnings News
By Investors Hub The major U.S. index futures.
Electricity: Reps Okay Bill Criminalising Estimated Billing
By Dipo Olowookere Many Nigerians, who.