Scam alert: MMM ponzi scheme returns, promises 50% profit on investment

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Popular Ponzi scheme, Mavrodi Mundial Moneybox (MMM) is promising individuals 50% return on any quantity invested in it

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This newest model of the scheme, often called MMM Cooperation, urges individuals to register, make investments a selected quantity and get again their investment and curiosity after 30 days

MMM had shut down in April 2018 following the dying of Sergei Mavrodi, its founder, however the scheme has re-launched globally since January 2019 Popular Ponzi scheme, Mavrodi Mundial Moneybox (MMM) has begun operation once more, this time, promising those that partake within the scheme a 50% return on any quantity invested in it.

The scheme which crashed in 2017, ensuing within the lack of enormous quantities of cash belonging to over three million Nigerians in 2017 has resumed operation similar to the earlier model. This newest model of the scheme often called MMM Cooperation, urges individuals to register, make investments a selected quantity and get investment and curiosity again after 30 days.

MMM had shut down in April 2018 following the dying of Sergei Mavrodi, its founder, however has re-launched globally since January 2019.

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MMM Ponzi scheme

Announcing its resumption on its web site, the scheme mentioned: “Like dawn within the morning , MMM Cooperation set the tempo on the 22nd of January 2019 all around the world. From negligence by many to worry of unknown by potential individuals at first; we're have been we're today being most populous platform all around the world with 6MILLION individuals all in area of four months. One of the energetic individuals who has risen to the ranks of a guider within the scheme introduced through Twitter a WhatsApp group for individuals to affix and a few have indicated curiosity.




 


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