Tag: Sergey MavrodiTag: <span>Sergey Mavrodi</span>

MMM founder, Mavrodi cautions Nigerian journalists, media in open letter

The owner of the Mavrodi Mondial Moneybox (MMM), Sergey Mavrodi has written an open letter to Nigerian journalists and the press, who he accused of creating panic about the ponzi…

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MMM launches in Kenya with 40 per cent ROI promise

Ponzi scheme, Mavrodi Mondial Moneybox (MMM) which recently froze withdrawals for 30 days in Nigeria has now been launched in Kenya. While MMM Nigeria had promised a 30% returns to…

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MMM founder, Mavrodi blasts FG in open letter

Founder of MMM, Sergey Mavrodi has written an open letter to the Federal Government explaining how the ponzi scheme works. The letter which was displayed on the page of all…

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YNaija Editorial: Before the MMM pyramid comes crashing down

On August 30th, the Securities and Exchange Commission issued this statement about a fake online investment scheme called MMM. The statement said: The attention of the Securities and Exchange Commission,…

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