Wednesday, June 1, 2011

How Mavrodi MMM pyramid built?

To learn the significant order for the production of tickets MMM American factories temporarily refuse to print U.S. dollars. MMM - the first letters of the names of the founders of the company, to destroy millions of Russians in the early 90-ies - Sergei and Vyacheslav Mavrodi and Olga Melnikova. For the first time the structure of the executive committee of Lenin was registered in Moscow in 1989. If its purpose were to mundane results. Cooperative MMM doing banal sales of imported technology. Because of the flexibility the company fared extremely well. This enabled the organization in 1993 to release 991 thousand of its own shares, which enjoyed great popularity. Prices are rising twice a week: Tuesdays and Thursdays. The monthly growth was 100%. Securities required more and more, but the Finance Ministry did not allow an increase in their number. To get around this ban, Sergei Mavrodi invented printing is not the action, and tickets MMM. They had a lot of degrees of protection are not subject to securities laws, but unofficially as him. Tickets are printed on the same plants, where the American dollar. To meet the demands of the MMM had to temporarily suspend the printing of currency, because the Russian company paid a fine. Total for six months the stock price MMM to August 4, 1994 grew to 127 times! Revenues of the company tens of millions of dollars a day. According to various estimates, investors in a pyramid of steel from 10 to 15 million Russians. Such an army has become a serious political tool. Mavrodi and between the official authorities conflict flared. Government in the media stated that MMM - a pyramid scheme designed to cheat their investors, because they can not earn an income, and most certainly lose the money invested. It just happened. MMM is almost lightning speed to respond to the attack and reduced the price of its shares at 127 times. This measure has caused an incredible effect - the price of shares cheapened again started to rise sharply, with the securities again lined up the queue. Universal Madness was so serious proportions that 97% of the trading volume of stock markets Russia falls on tickets MMM, which had the name "Printing Products MMM, but simply - on paper. Officials had to use extreme measures. August 4, 1994 in his apartment was arrested the head of the MMM Sergei Mavrodi - his arrest was broadcast on the central TV channels live. Simultaneously, the storm was taken and the head office, which was located then at the Warsaw highway-26. These events have caused a negative reaction of society - August 19, 1994 depositors went to protest to the White House. From the conclusion of Mavrodi registered as a candidate for the State Duma deputies are released and wins the election. A year later, Prosecutor General's Office is seeking forfeiture of his mandate. Only September 22, 1997 MMM has been declared bankrupt. Sergei Mavrodi hiding from the investigation for almost 6 years. Re-enforcement authorities could detain him in a rented apartment just 31 January 2003. Then an outstanding businessman said that he does not have earned millions and all the last time he led more than a modest lifestyle. In April 2007, the court finds Mavrodi guilty of fraud and punishes his 4.5 years in prison (most of the time by the time he already served). After that Sergei Mavrodi are released May 22, 2007. January 10, 2011, he declares the establishment of a "legitimate" analog MMM. The new structure, according to the author, will work in a system of electronic purses «WebMoney». Depositors promised revenue from 20% to 30% monthly. Mavrodi not hesitate to call the new network of "pyramid". He believes that the MMM-2 is fully capable to work at least 10 years. It seems that history teaches people that teaches nothing.

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