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MMM Founder Dies. Many Zimbabweans Lost Their Money In The Scheme, You Remember?

The founder of Mavrodi Mondial Moneybox notoriously known as MMM, Sergei Mavrodi died last week as a result of a heart attack. Mavrodi was a pioneer of MMM, a pyramid scheme that stretched back to the early 90s and was introduced to Zimbabwe in or by 2015. MMM promised attractive returns to participants that averaged […]

MMM reacts to public scrutiny, re-opens accounts, existing members lose 80% of their money

MMM Nigeria this is how MMM Zimbabwe crashed, very similar to what is happening to you now Earlier today, MMM East Africa, MMM Global Zimbabwe‘s parent organization, released a public statement on its website. The statement gave notice to all members of the immediate suspension of its account freezing process, 9 days earlier than initially […]