![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.hyip.com%2Fwp-content%2Fuploads%2F1a6.jpg&t=665&c=beh5OJtuZYviYQ)
why dont you call it The "Sergey Mavrodi" Coin
MMMcoin
please also notice : this is just a joke .. not taken seriously ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fassets.kompas.com%2Fdata%2Fphoto%2F2014%2F06%2F06%2F1353152ponzi780x390.jpg&t=665&c=isGYPuf6L1it6Q)
"Mavrodi's project, called MMM, promises investors 30 percent monthly profit. At the same time, Mavrodi insists that MMM is not a pyramid scheme. MMM is positioned like a "social financial network", a "community of ordinary people, selflessly helping each other, a kind of the Global Fund of mutual aid".
MMM was a Russian company that perpetrated one of the world's largest Ponzi schemes of all time, in the 1990s. By different estimates from 5 to 40 million people lost up to $10 billion. The exact figures are not known even to the founders.
Mavrodi went to jail in 2003 and was released in 2007, only to soon start another similar scheme nicknamed 'MMM-2011' while also expanding his operations to India with what was called 'MMM India.' These operations were shut down earlier in 2012, but he outright referred to them publicly as pyramid schemes on his blog, as Russia's legal system was not equipped to penalize such financial structures.
The name "MMM" is derived from the first three letters of the founders' names: Sergei Mavrodi, his brother Vyacheslav Mavrodi and Olga Melnikova. However, according to S. Mavrodi, it was him alone who took all decisions relating to MMM. "