Is MMM global legit?
James Stevens
Updated on February 25, 2026
MMM Global (also known as МММ-2011 / МММ-2012) is a Ponzi scheme launched in 2011 by Sergei Mavrodi, with subsidiaries in up to 110 countries; it became widely popular in various African countries such as South Africa, Nigeria, Zimbabwe, Kenya and Ghana with some attributing this popularity to poverty and poor …
Is Pyramid Scheme legal in Russia?
As Russia did not have any laws against Ponzi schemes, the government decided to seek tax evasion charges. Several organisations of “investors” made efforts to recover their lost investments, but Sergei Mavrodi manipulated their indignation and directed it at the government.
What is MMM investment?
Mavrodi Mundial Moneybox (MMM), the Russian-founded Ponzi scheme which wrecked the lives of so many Nigerians in 2017 is back in business. The Ponzi scheme has repackaged itself and is now known as MMM Cooperation. This time around, it is assuring people a 50 percent gain on any amount that is “invested”.
Who created MMM?
Sergei Mavrodi
Vyacheslav MavrodiOlga Melnikova
MMM/Founders
Who is MMM founder?
Where is Sergey Mavrodi?
Death. Mavrodi died of heart problems at the age of 62 at a hospital in Moscow.
Who founded MMM?
Who is the owner of MMM Global?
There is no information on the MMM Global website indicating who owns or runs the business. As per the MMM Global website: There is no formal organization, no legal person in MMM. And of course there is no central bank account, no other activity in any form. Neither close, nor open.
How do I get help in MMM Global?
When you join MMM Global, you will have two choices, to “Provide Help” or to “Get Help”. In order to “Get Help”, you have to first “Provide Help”. To “Provide Help” you have to give a minimum of $10 to someone in MMM Global, in exchange, you will get a “Mavro”, which is the currency in MMM Global.
What is the MMM Global YouTube channel?
The “weekly news” videos on the MMM Global website are hosted on a YouTube account bearing the name “MMMGlobal”. In addition to Mavrodi’s news updates, the account has a plethora of testimonial videos. Presumably MMM Global affiliates, the vast majority of those featured in the testimonial videos appear to be of Asian descent.
What is the history of Mmmm?
MMM has been existing for more than a decade, and it was founded by Sergey Mavrodi, Vyacheslav Mavrodi, and Olga Melnikova in 1989. The name “MMM” was taken from the founders’ first initial of their surnames.
