MMM Nigeria Latest News
Sergey Mavrodi, the founder of MMM, a Russian company that perpetrated one of the world's largest Ponzi schemes of all time, is dead. The founder of the MMM series of financial pyramid schemes reportedly died of heart attack.
In this report, Legit.ng examined the letter reportedly written by Mavrodi to Nigeria’s federal government. The letter was reportedly written after several attacks on the Ponzi scheme by well-meaning Nigerians.
The recent report about the death of Sergey Mavrodi, the founder and brain behind the Mavrodi Mondial Moneybox (MMM), has raised lots of questions about the genuineness of the money-making scheme all over the world.
Russian businessman and founder of MMM, Sergey Mavrodi's death would come as a rude shock to many around the world, especially to those who participated in the Ponzi scheme that caused many Nigerians their investments.
Over 500 residents of Umuahia who are customers of a Ponzi scheme called Digital Currency have been thrown into confusion as the scheme operator closed business abruptly with millions of customers’ cash in its possession.
➡ How does MMM work? In this article, you will find answers to the question. Many people lost their money because of this Ponzi scheme. Nigerians were no exception. Should Nigerians avoid this money-making scheme? Read on.