Just two years after Mavrodi Mundial Moneybox (MMM) Ponzi scheme crashed, Nigerians have embraced another Ponzi scheme called Loom Money Nigeria. Despite the billions...
Participants in the Mavrodi Mundial Moneybox (MMM) ponzi scheme, are counting their losses as administrators of the programme have officially shut down operations worldwide following...
Russian businessman Sergei Mavrodi, whose MMM pyramid scheme deprived millions of Russians of their savings in the 1990s, has died of a heart attack,...