Breaking! Founder of MMM Ponzi Scheme, Sergei Mavrodi is dead (FULL DETAILS)

Russian businessman Sergei Mavrodi, whose MMM pyramid scheme deprived millions of Russians of their savings in the 1990s, has died of a heart attack, according to Russia media.

Revealed: Many Students Invested Their School Fees In MMM

Labode Popoola, vice chancellor of Osun State University has revealed that several students have been unable to pay their school fees due to their investment in Mavrodi Mondial Moneybox, a popular Ponzi scheme.

He told told Saturday told Punch that students owe an estimated N2bn in school fees.

The professor said the institution would ensure that the undergraduates pay their

MMM!! ‘Why We Set Up Meeting With FG’- Abuja Subscribers Reveal

After the House of representatives passed a resolution seeking the abolition of Mavrodi Mondial Moneybox, otherwise known as MMM and probe of its promoters in the country, the MMM community in Abuja, has disclosed plans to set up a meeting with the

MMM Nigeria Unveils New Strategy For Participants In 2017

MMM Nigeria has released new guidelines for participants in anticipation of January 14 relaunch of the ponzi system.

In the new strategy, the Admin said programmers are working seriously with a new model which will be announced and implemented at a later date.

The new model , according to MMM Admin, will help keep the

MMM founder Sergey Mavrodi blasts Nigerian bloggers, journalists to leave MMM alone

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The founder of Africa's #1 ponzi scheme,Mavrodi Mundial Movement (MMM),Sergey Mavrodi has written an open letter to Nigerian journalists and bloggers claiming they are causing unnecessary tension in the country.

Mavrodi described articles from Nigerians journalists and bloggers as "provocative and worthless articles." adding that MMM will be back by January

This is the second open letter the MMM founder Sergey Mavrodi has written in a week.On Monday, December 12,he wrote to the Nigerian government, claiming that the scheme would never fail although a day after, MMM operators froze the accounts of its investors in Nigeria.

Mavrodi's letter below.