MMM Founder, Sergey Mavrodi has allegedly written an open letter to the Federal Government of Nigeria explaining the benefits of the scheme. The letter was displayed on the page of all participants of the Scheme. Recall the the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN) had warned Nigerians against participating in the scheme which it described as a “Ponzi”. The House of Representatives in October also ordered an investigation into the operation of the scheme. According to the letter, Mavrodi implored…