WORLD NEWS: MMM Officially shuts down following founder Mavrodi’s Death


Famous Ponzi scheme MMM has declared a global close down of all its operations.

In a declaration issued by the network, it was disclosed that it would not be able to carry on with operations after the passing of founder Sergey Mavrodi.

Mavrodi had died of a heart attack after he was hurried to the hospital late on March 25 with severe pain in his chest.

Read the statement below;

“Dear participants,

After much deliberation, we have made the conclusion that continuing the System operation, without our leader and ideological inspirer, is impossible and makes no sense. We all carried out the tasks he assigned to us, since we had no doubt in his genius and rightness of the path he had chosen. We are firmly aware of the fact that none of us has a full view of his conception’s profoundness and sequence of all the actions to achieve a final goal, declared in the “MMM’s Ideology”. Sergey Mavrodi’s broadmindedness scale is unprecedented. Therefore any attempts to continue the System operation without him are bound to fail. We respect him immeasurably and cannot afford to allow that our unskilled actions may cause profanation of his concepts.

In view of the above, with deep sadness, we have to announce the ultimate and irreversible MMM closure.

We also remind (as a matter of form) that all initially were fully aware of the risks and read the WARNING and confirmed that by checking the relevant box when registering.

Hoping for your understanding, Administration.”


Please enter your comment!
Please enter your name here