Topic: [2016-12-27]MmmGlobal pyramid scheme (uses Bitcoin) : is it a scam or not? (Read 258 times)

InvoKing

legendary

Activity: 2142

Merit: 1065

✋(▀Ĺ̯ ▀-͠ )

Quote

We still don’t have a conclusion on whether to tag mmmglobal a scam or not, and whether Sergey Mavrody still stands behind it. However, history shows again and again - MMM projects collapse sooner or later, and leave millions of people without money.

They can't conclude whether a ponzi is a scam or not but in the same sentence they mentioned that this shitty projects collapsed many times, that the guy behind it is a scammer, that many people lost their money... What should we call it so?

Vladdirescu87

sr. member

Activity: 966

Merit: 264

Mmmglobal is a pyramid scheme authored by Russian fraudster Sergei Mavrodi. The scheme has numerous localized websites for every country or region where it operates. Recently, BCC authored a warning on mmmnigeria, the Nigeria chapter of mmmglobal citing it’s a scam aimed at stealing funds.

Sergey Mavrodi, CEO or Founder of mmmglobal, is a Russian fraudster with a long history of crime and fraudulent activities. Mavrodi was previously behind “MMM”, the largest Ponzi scheme in Russia in the 80-90s that affected more than 5 million depositors. He was rebuked by the Russian government which confiscated millions of rubles of the company’s funds packed inside buildings for storage.

You can read the full article here: https://coinidol.com/mmmglobal-pyramid-scheme-a-way-to-earn-or-get-robbed/

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