Sage-Tips

How old is mmmm?

MMM was established in 1989 by Sergei Mavrodi, his brother Vyacheslav Mavrodi, and Olga Melnikova. The name of the company was taken from the first letters of the three founders’ surnames.

Who is MMM founder?

Sergei Mavrodi
Vyacheslav MavrodiOlga Melnikova
MMM/Founders

Sergei Mavrodi. Sergei Panteleevich Mavrodi (Russian: Серге́й Пантеле́евич Мавро́ди; 11 August 1955 – 26 March 2018) was a Russian financial fraudster, financial criminal and previously a deputy of the State Duma. He was the founder of the МММ, a scheme that defrauded millions of people around the globe.

Is MMM back in Nigeria 2020?

The Famous MMM NIGERIA IS BACK IN MARCH 2020!|# ohub.

Is Mavrodi alive?

Deceased (1955–2018)Sergei Mavrodi / Living or Deceased

Is Sergey Mavrodi dead?

What MMM means?

MMM (pronounced similar to Ermm or Umm) is an interjection commonly used in English as an “Expression of Pleasure or Contentment.” In text-based messaging, MMM is often used to show pleasure at something that someone has just typed.

Is MMM a pyramid scheme?

In 2015, MMM began operating in South Africa with the same business model as MMM-2011, claiming a “30\% per month” return through a “social financial network”. The group was identified as a possible pyramid scheme by the National Consumer Commission and accounts of clients were later frozen by Capitec Bank.

What does a girl mean by MM?

First Definition for MM MM means “Married Man.” This is the most common definition for MM on online dating sites, such as Craigslist, Tinder, Zoosk and Match.com, as well as in text messages and on adult chat forums.

What happened to MMM founder?

But right now, Nigerians are conflicted about the news of the death of Sergei Mavrodi, a convicted Russian fraudster, who died of a heart attack, aged 63, in a Moscow hospital on Mar. 25. That’s because Mavrodi is best known as the founder of the infamous Mavrodi Mundial Moneybox (MMM) ponzi scheme.

Is MMM Global a Ponzi scheme company?

The Ponzi Scheme Company, MMM Global Is In Nigeria. MMM Global, a Russian Ponzi Scheme company has opened shop in Nigeria with the domain name- nigeria-mmm.net. This is happening less than three months after the company collapsed in South Africa.

What happened to MMM in Nigeria?

At its peak, MMM had around three million users in Nigeria but, in December 2016, after a rumored slowdown following increased scrutiny from the government, it suspended operations and never resumed.

What is Mmmm South Africa?

MMM began operating in South Africa in 2015 with the same business model as MMM-2011, receiving a “30\% per month” return with its “social financial network”. It was identified as a possible pyramid scheme by the National Consumer Commission and accounts of clients were later frozen by Capitec Bank.

What happened to MMM-bank?

In the beginning, the company imported computers and office equipment but in January 1992, tax police accused MMM of tax evasion, leading to the collapse of MMM-bank, and causing the company to have difficulty obtaining financing to support its operations.