MMM Global Scam – Sergey Mavrodi
In this MMM Global review l am going to look at what is is all about, compensation plan and whether it is a scam, pyramid scheme or legit program. MMM promises 100% return on depositor’s funds plus a 30% return every month.
l listened to the brain washing ideology and was left feeling warm inside. What a great idea, for the poor to revolt against the rich by taking their ‘real money‘ and depositing it into a ‘fair system‘ that spit good for nothing Marvos. The real money is taken out by the owners and the poor people sucked are left with figures on paper.
The scumbag then tells members that you need an MMM Restart because there are dishonest participants who disposed ‘fake money‘.
What was the purpose of those dishonest participants to perform this huge paint of fake millions Sergey Mavrodi justifying why he had to order an MMM restart.
Someone invited me to join MMM; a program where people help each other and make money… LOL. He told me that it was formed by a caring Russian with experience in managing such programs.
So, my first call was to search for ….
‘Sergey Mavrodi Biography’. (Google Search).
As usual Wikipedia was on the first position in uncle Google’s search results. This what the review said about the founder of MMM Global l quote Biography Sergey Panteleevich Mavrodi ‘…. born August 11, 1955) is a Russian criminal and a former deputy of the State Duma. He is the founder of the МММ series of pyramid schemes. In 2007 Sergei Mavrodi was found guilty in a Russian court of defrauding 10,000 investors out of 110 million rubles ($4.3 million)’.
l know people can repent or reform, so l did not base my judgments on the owner’s bibliography. Besides, my tutor at school told me to take information from Wikipedia with a pinch of salt.
Next, l visited ….
MMM Login or Joining Page.
Admittedly, it is not one of the well designed websites and is a bit cluttered for my liking. Any way, l have learned not to judge a book by its cover.
l took out my tools of trade which can reveal data that can not be seen by the naked eye. As you can see from the screen shot below, traffic to MMM system login page dropped from a whopping 1, 546, 344 in March to a mere 160, 069 in July, 2006.
Another website http://www.loginmmm.org/ had traffic below 5 000.
Still, l was not convinced because traffic to a company helping people must be increasing given challenges people are facing world over. l started searching for other aliases. l also realized that it had an App which may be siphoning traffic from the main website.
So, l visited…
MMMV App traffic dropped from 156, 410 in March, to 19, 772 in July, 2016.
The traffic dropped from 5 000 to 2000 and below is a screen shot of what one of the Zimbabweans’ negative comment. It is not the official website though.
From the overall traffic visiting the main MMM official website. Zimbabweans are topping the list of percentage of visitors to the website.
Well, Zimbabweans will never learn. In the 1990s they fell for there home grown pyramid schemes where people manually moved around with cards on which they would enter new recruit’s names.
The Zimbabwean Government banned the pyramid schemes and thousands lost their hard earned cash. The illegal pyramid schemes again surfaced in 2013 as reported by the main newspaper The Herald and as usual they collapsed. People were being promised as much as $15 000 at the end of the cycle which never ended.
Now they are falling for yet another pyramid scheme which banks in South Africa will not accept payments for and is being sued by regulating authorities.It is also under investigation by South Africa’s Directorate for Priority Crime Investigation (DPCI) nicknamed the Hawks.
https://mmmoffice.com/ traffic fell from 10 million to the current 2.5 m.
MMM India Website.
It was even worse, traffic fell from 96, 292 to 22 999. l searched around the web for MMM India complaints and one of the thread on Consumer Complaints says it all;
From my own assessment of the negative vs positive MMM comments, it seems as if the MMM system selectively rewards a few people while others continue wallowing in poverty.
MMM South Africa – http://rsa-mmm.co/
Traffic fell from almost 3 million to the current 5 million visitors. This is not surprising given the freezing of Marvo accounts.
l also realized that people where visiting a website paypalstokvel.com called from MMM Global’s official website which is now suspended or banned but once owned by Sipho Mabena of Mamelodi East Pretoria.
Others, where also visiting a similar website named http://blesserstokvel.co.za/ on which people bless each other … LOL. There is a list of people who have already blessed others with R150 each and the day they blessed others.
There is also the less trafficked http://m.rsa-mmm.co/ with traffic less than 15k visiting the website.
Does MMM Really Work?
- For those who jumped on the ship early enough it probably worked for them.
- MMM ideology is a well crafted brain washing marketing strategy which really works.
- The Marvo currency allows more participants world wide in the Ponzi scheme.
- people complain of frozen accounts.
- delays and continuous changes in Marvo (currency) payment dates.
- banks are freezing accounts of people taking part in the MMM Scheme in many countries.
- it is pyramid or cash gifting scheme (such business models are know to collapse without exception).
- the owner Sergey Mavrodi, is well know for running similar scams which defrauded participants of hundreds of dollars (if it quacks like a duck …….).
- at times accounts are frozen and people had to restart again.
- it is now difficult for new people to recruit others due to negative review popping up on internet.
- people are leaving once they withdraw their funds.
- the system is not fool proof as there are reports of millions in fake deposits.
- people are selfish and they are not willing to give to others.
Training, Tools and Marketing Material.
I did not find any meaningful training that new people under go when they join the Marvo scheme. There is only encouragement and rewards if you share MMM cash gifting scheme with others on You Tube and Face Book.
Once you join you must ‘help’ others by depositing a certain amount starting from $10. When you want ‘help’ you just withdraw the available funds in you account that have doubled in value and accumulated interest. Cash gifting at its worst.
Is MMM a Scam, Pyramid Scheme or Legit Program.
This is just a stupid cash gifting scheme aimed at scamming the poor by criticizing the rich. No one knows where 30% profit comes from money is never invested. Anyone with a bean sized brain can tell that this is a total scam. Let’s wait patiently while this circus unfolds. Let Sergey Mavrodi smile all the way to the bank using the tricks he learned in jail.
Fools are born every day! Greed will not be tamed!
Share your opinion or experience with MMM Global in the commentary box below? l have shared mine.