MMM FOUNDER DIES OF HEART DISEASE | REST IN PEACE MMM FOUNDER

block;width:300px;height:250px" data-ad-client="ca-pub-6421572098224086" data-ad-slot="3363741150">

MMM FOUNDER DIES OF HEART DISEASE | REST IN PEACE MMM FOUNDER

It is no news that the great Russian business mogul Sergei Mavrodi, whose MMM pyramid scheme deprived millions of Russians of their savings in the 1990s, has died of a heart attack, according to Russia media. MMM FOUNDER DIES OF HEART DISEASE | REST IN PEACE MMM FOUNDER. As a matter of fact a lot of Nigerian re happy to here this news.

As a matter of fact Reports reaching us revealed that the 62-year-old was rushed to the hospital late on March 25 with pain in his chest and died several hours later.

Mavrodi’s MMM financial pyramid was a typical Ponzi scheme in which earlier investors receive their profits from subsequent investors. Mavrodi promised returns of 20 percent to 75 percent a month, as well as lotteries and bonuses for investors.

As soon as the number of new clients stopped growing, the pyramid collapsed, causing huge financial losses for at least 10 million people, in some cases leaving them destitute.

MMM FOUNDER DIES OF HEART DISEASE | REST IN PEACE MMM FOUNDER

As a matter of fact without doubt see what lots of MMM victims re searching online for

  • mmm nigeria news
  • secondly mmm nigeria registration
  • mmm login
  • mmm ghana
  • latest news on mmm
  • mmm news today
  • mmm news today
  • latest news about mmm
  • mmm nigeria
  • mmm nigeria news
  • lastly mmm office

Furthermore In the year 1994, Mavrodi was elected as a lawmaker, a decision he later said was to ensure he received immunity from prosecution. In 1996, he lost his parliamentary mandate. Similarly he was even penalized because In 2007, a Moscow court found him guilty of financial fraud and sentenced him to 4 1/2 years in a penal colony.

READ  LATEST UPDATE MMM NIGERIA | MMM CRASHES AGAIN TO RESTART AFRESH JANUARY 2018

MMM FOUNDER DIES OF HEART DISEASE | REST IN PEACE MMM FOUNDER

In 2011, Mavrodi launched another pyramid scheme called MMM-2011, calling on investors to purchase so-called Mavro currency units in a bid to get rid of the “unfair” financial system. Some 15 months later, Mavrodi halted the project.

From 2011-16, Mavrodi launched Ponzi schemes under the MMM brand in India, China, South Africa, Zimbabwe, and Nigeria.

In many of those countries, Mavrodi’s operations were subsequently shut down or suspended.

Related Post

Secret To Success: Step by Step See How To Join Sw... Secret To Success: Step by Step, See How To Join SwissGolden Nigeria Make Money in 2017 | www.swissgolden.com Latest Update on the Secret To Success:...
MMM RE-STARTS | MAVRO SHUT DOWN | NIGERIAN MMM MEM... MMM RE-STARTS | MAVRO SHUT DOWN | NIGERIAN MMM MEMBERS FINISHED READ WHY MMM RE-STARTS | MAVRO SHUT DOWN | NIGERIAN MMM MEMBERS FINISHED READ WHY | In...
LATEST UPDATE MMM NIGERIA | MMM CRASHES AGAIN TO R... LATEST UPDATE MMM NIGERIA | MMM CRASHES AGAIN TO RESTART AFRESH JANUARY 2018 LATEST UPDATE MMM NIGERIA | MMM CRASHES AGAIN TO RESTART AFRESH JANUARY 2...
Questra World: AGAM | Atlantic Global Asset Manage... Questra World: AGAM | Atlantic Global Asset Management,  Sign Up To Become A Member Latest on Questra World: AGAM | Atlantic Global Asset Management...
Ponzi MMM Office Login – Sign Up MMM Nigeria... Ponzi MMM Office Login - Sign Up MMM Nigeria Login - MMM Nigeria RegistrationPortal MMM Nigeria Update on ponzi mmm office 2017 www.mmm-office.com l...
MMM Now In Kenya Promises 40 Percent Every Month MMM Now In Kenya. Promises 40 Percent Every Month MMM Now In Kenya. Promises 40 Percent Every Month. Just after frustrating Nigerians and leaving the...
Russian Business Mogul Sergei Mavrodi Dies of Hear... Russian Business Mogul Sergei Mavrodi Dies of Heart Attach To be Burried Russian Business Mogul Sergei Mavrodi Dies of Heart Attach To be Burried | Th...

Leave a Reply

Your email address will not be published.