MMM-2011 hugest Ponzi scheme :: Bitcoins accepted

[pent]

MMM - financial anarchists social network

How MMM works?

MMM is a decentralized financial social structure. There are no companies, no LLCs, no contracts, no promises, no guaranties. Just regular people exchange money between themselves based on set of Sergey Mavrodi recommendations.

There is no central place where all money are kept.

MMM structure is similar to structure of Genghis Khan army. The bottom-level representative node of system called "foremen". They manage money flows between their participants. Actually they keep money backup. There are millions of them. The next level nodes manage money flows between their foremans. And so on going up and up, uniting groups of people, cities, provinces, countries, The World itself.

Backup money are kept only by bottom-level nodes and sometimes by participatns. Every participant must have a foreman.

MMM has internal virtual currency called MAVRO. When you make deposit - you buy MAVRO. MAVRO rates always grow from 20% to 75% a month (RALLY!!!). If you want to sell your MAVRO - you can do it at any time by rates published on MMM website to your or other foreman.

It is impossible to destroy such structure. If foreman disappears for some reason, participants are moved to another foreman and their internal MAVRO deposits stay not affected by such incident.

Who am I?

I am a participant of MMM.

What MMM offers?

Since 23 Apr 2012 MMM offers single deposit plan 40% per month (complex, exponental percent)

Only until 1 May 15 May 2012: You get bonus 50% to your deposit. Bonus is valid only if you dont withdraw money within 1 month.

Official Russian MMM website is: http://sergey-mavrodi.com/ (It is 40th in Russian Alexa Top http://www.alexa.com/topsites/countries;1/RU, sbrf.ru - Central Bank of Russia is 47th and ebay.com is 42th)
Russian site has a link to English version: http://i-mmm.com/en/

And yes, ITS A FINANCIAL PYRAMID!


MMM & Sergey Mavrodi. The Truth the Government doesn't w★nt you to know!

http://www.youtube.com/watch?feature=player_embedded&v=iFHgJdn25Og#!


How to participate?
You can contact me directly for advise and consultation:
Forum PM
mail: pentarh@pentarh.com
jabber: pent@pentarh.com
I will give you advises and forward you to official foremen.

Payment systems accepted: Liberty Reserve, Bitcoin, various bank transfers.

If you need a bank transfer, I will search for a foreman with needed bank account in your region.

About Bitcoins:
You are able to buy or sell MAVRO-D virtual currency for Bitcoins with current BTC-E.com Volume rate. Comission is about 5% (no my own comission here).

REGISTRATION

Anyone who want to register - do it here: http://i-mmm.com/en/invite.php (may still not work) OR http://sergey-mavrodi.com/op/view_485.html (english form at the bottom)

Use invite code: pent

Then you can ask me to deposit BTC.

Note: I suggest to hold funds at least two weeks (20%) to get valuable profit with compensation of intermediate rates for Bitcoins.

Financial PyraMMMid MOVIE (english version)

Is a story about MMM'94. Full movie The Pyrammmid 2011 in english amateur translation.

http://www.youtube.com/watch?feature=player_embedded&v=lFx9dxUCxTc

[1715353012]

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[1715353012]

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[1715353012]

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[alatus]

* Crash the World economy, crash US Dollar and any other fiat currencies
* Build a new world without financial slavery

Please elaborate on this!

[DeathAndTaxes]

Not sure how a ponzi scheme (at least they are honest to admit it upfront) which pays out in fiat is going to end fiat currencies.

Actually not sure how a ponzi scheme which pays out in anything (gold, corn, GB or porn, bitcoins, dirt) would do that either.

[cunicula]

Not sure how a ponzi scheme (at least they are honest to admit it upfront) which pays out in fiat is going to end fiat currencies.

Actually not sure how a ponzi scheme which pays out in anything (gold, corn, GB or porn, bitcoins, dirt) would do that either.

The original MMM ponzi scheme involved as much as 10 million people in Russia. Channeling massive savings to scammers could be politically destabilizing. Did you notice that MMM gives the retirees and the handicapped special incentives to participate? What an anti-hero this guy is!

[cablepair]

I think you guys came to my house and tried to sell me a vacuum cleaner once...

[pent]

I think you guys came to my house and tried to sell me a vacuum cleaner once...

I don't sell vacuum cleaners.

I just can tell how I and other 30 millions of people making money.

This pyramid can not be stopped by government like previous MMM'94 and Stock Generation.

Pyramid can live for a long time - ask Mr. Bernard Madoff And even if all participants know that they participating in pyramid and there are no new participants - ask Mr. Ben Bernanke

This one can not be stopped. And I can show the door where you can get from 20% to 65% a month. Mavrodi  doesn't lie about the source unlike all invest programs do.

And people know where they go. And everyone, everyone gets paid (I'm too). If at least one person will not get his payout - the whole Internet will know and this will be the end. But where are they? MMM works more then year and all are happy

Now it moves forward to India... with its population... think about it. The last would be USA.

All payments made between persons without contracts or guarantees. This is why it can not be stopped or terminated by feds. They can not forbid people exchange money to each other.

[pent]

My personal investments:

Code:

Dec 2011 $100 - 45% 3m super profitable deposit
         $25  - New year bonus +25%
Jan 2012 $740 - 45% 3m super profitable deposit
         $185 - New year bonus +25%
Feb 2012 $300 - 45% 3m super profitable deposit
         $75  - New year bonus +25%
Mar 2012 $740 - 45% 3m super profitable deposit
         $185 - New year bonus +25%

Total investments: $1880
Total bonus: $470

Apr 2012 - Total unfrozen funds: $3602, Frozen funds: $2419
Apr 2012 withdrawal: $1500 (75% investments returned)
Apr 2012 - Total funds after withdrawal (frozen and unfrozen): $4521 (they continue to grow 45% a month)

[pent]

FPGA is so good, but so expensive....

Is it possible to buy ZTEX USB-FPGA Module 1.15x: 210 MH/s FPGA Board for only 30% of its price?

You can put $138 USD (~27 BTC) for 3 months on 45% super profitable deposit and get $420 for buying ZTEX USB-FPGA Module.

Want more? 4xZTEX USB-FPGA Module for $122 (~24 BTC)

Put $122 (~24 BTC) on 6-month 55% super profitable deposit and get $1683 for buying 4 FPGA modules.

UPDATE: this percent scheme not valid for newcomers

[pent]

Major system update!

All deposit percents simplified now to 40% a month.

I.e. you put $100, you get:
* $140 after 1 month
* $196 after 2 months
* $274 after 3 months

So percent is complex and exponental.

ONLY UNTIL 1 MAY:

Bonus 50% to any deposit.

Bonus is valid only if money weren't withdrawn within 1 month.

I.e. you put $100, you get +$50 instantly into account and:
* ~$210 after 1 month
* ~$294 after 2 months
* ~$411 after 3 months

So the total profit for 1st month is 110%

Hury up!

You can double your funds within 1 month!

So the scheme to get FPGA miner with new percent is following:

Put equivalent of about $105 USD and get amount of ~$432 after 3 months for buying FPGA miner module!

[pent]

Another example:

You put equivalent of ~$700 (with bonus option valid) and get every month ~$430 for buying FPGA Module. This will continue until apocalypse

Code:

deposit	700,00
account	1050,00
1m	1040,00 + 1 FPGA Module
2m	1026,00 + 1 FPGA Module
3m	1006,40 + 1 FPGA Module
4m	 978,96 + 1 FPGA Module
5m	 940,54 + 1 FPGA Module
6m	 886,76 + 1 FPGA Module
7m	 811,47 + 1 FPGA Module
8m	 706,05 + 1 FPGA Module
	until the end

PM me for discussing any details.

[chsados]

wtf is this...

[pent]

wtf is this...

Russian financial pyramid with 30+ millions online and offline participants.

Join and double funds in 1 month

[Jonathan Ryan Owens]

...Now it moves forward to India... with its population... think about it. The last would be USA.

[pent]

People asking how it works.

MMM has virtual currency - MAVRO. And analogues of real currencies - MAVRO-D for USD, MAVRO-E for EUR, etc.

So if you have USD - you buy and sell MAVRO-D. If you have EURO - you buy and sell MAVRO-E, and so on.

MAVRO buy and sell rates are here: http://i-mmm.com/en/courses.php

They always grow 40% a month. So if you have $100 - you buy MAVRO with current rate 150,35 and get ~0.66 MAVRO-D

After 2 weeks MAVRO-D will have rate 185,28 - you sell it back and get $123,23

Only until 1 may - if you buy any MAVRO, you get 50% of bought amount free.

Bitcoins are converted to MAVRO-D via marketplace and reverse with comission 5%.

[John (John K.)]

Now I know what pirate invests in.

[pent]

Domain sergey-mavrodi.com is now 37th in Russian Alexa top http://www.alexa.com/topsites/countries;1/RU

Behind sergey-mavrodi.com are:
Microsoft (40)
Ebay (43)
Sberbank of Russia (46) - top russian bank
depositfiles.com and letitbit.net
Perfect Money

and many others.

[pent]

Just noticed MMM-2011 article on English Wiki: http://en.wikipedia.org/wiki/MMM-2011

[tonto]

So how easy is it to withdraw once you're done?
 
Can I throw a bitcoin in and withdraw my profits in a couple of months?  I'm lazy and just want easy returns.  What process do I do to deposit and then later retrieve my money?

[pent]

If you prefer bitcoins as currency, it is converted to USD and then back via me. Seems that I am the only one person who accepts Bitcoins in whole MMM

Withdrawal is going particulary within 1 business day. Up to 5 business days with big amounts.

So the main currency is USD. I convert coins to LR-USD using exchanges and then making deposit for you for given amount of USD. Same for withdrawal. You asking foreman to put LR to my account and I do exchange of BTC and return them to you.

I dont charge own fees for that - only exchanges fees and rates. What I got on market - is what you see in your USD deposit.

[tonto]

Ok, let's play simple for now.  If I give you a bitcoin, what should I expect for a return in 1, 2, 3 months?  Right now I can only afford a bitcoin as "throw away" in case something goes horribly wrong.  I may put more in at later dates....  [edit: i saw numbers above, is it similar?  or do the returns depend upon the initial amount?]
 
Assuming it's as simple as you acting as my broker and I say "ok i'm ready to cash out now, here's my address" and then you send money (within the time period you mentioned).

[pent]

Well, the minimal deposit is in equivalent of 10 USD (about 2 BTC).

Lets say you put 2 BTC, and its converted to 10 LR-USD with rate 5.00.

Lets say you doing this today with current MAVRO and Bitcoin rates and bonus 50% (bonus until 1 may).

You get 0.0947 MAVRO-D (($10+$5)/158.35 )

After a week you can convert MAVRO-D to BTC with formula: 0.0947*174.45/5=3.3 BTC
After 2 weeks you can convert MAVRO-D to BTC with formula: 0.0947*189.62/5=3.59 BTC
After 1 month you can convert MAVRO-D to BTC with formula: 0.0947*230.79/5=4.37 BTC
After 2 months you can convert MAVRO-D to BTC with formula: 0.0947*316.63/5=5.99 BTC
After 3 months you can convert MAVRO-D to BTC with formula: 0.0947*439.60/5=8.32 BTC

Note: If money withdrawn within 1st month, the 50% bonus will be zeroed.

Of course all this assuming USD/BTC=5.00 (which can vary)
Of course you are able to make direct USD deposit

All this is a bit complex, but principle is simple: You buy MAVRO-D and MAVRO-D/USD rate grows 40% a month, changing its value in Tuesday and Thursday. You are able to buy and sell MAVRO-D from and to foreman of your MMM cell.

You can use Bitcoins here as intermediate currency with intermediate exchange rate, but also you are able to buy and sell MAVRO-D directly with USD.

I can just help to convert coins to LRUSD and back without my own comission. Also I can forward you to appropriate MMM cell.

[pent]

Anyone who want to register - do it here: http://i-mmm.com/en/invite.php OR http://sergey-mavrodi.com/op/view_485.html (english form at the bottom)

Use invite code: pent

Then you can ask me to deposit BTC.

[Hunterbunter]

So what does MMM stand for?

Make Mavrodi Money?

[pent]

Actually money flow between participants and millions of foremans. Mavrodi telling to refuse any money request from him.

MMM translates as
- We can do a lot
- We change the World

... and some other transcriptions.

Mavrodi had a lot of chances to run and hide, but he continues to manage the pyramid via YouTube video treatments. Nobody knows where is he, because Russian gov actively looking for reason to arrest him.

Personally I think he doesn't look like a man who's objective is money. He looks like crazy man who's objective is power and world domination. He brings money to people and people bring him a power.

Soon he plan to out from his vault because his enemies will become MMM participants.

[FreeMoney]

But.. bitcoin is going to go up 100% per month, so we'll get fewer coins back?

[pent]

But.. bitcoin is going to go up 100% per month, so we'll get fewer coins back?

You can sit and wait when it will, if it will HYPE Cycle tells us that bitcoin is probably at stability plateao.

But yes, payouts are initially in USD. And also you are able to do direct USD deposits.

And percents are complex. So investments calculated by formula: investments*1,4^num_month

[DeathAndTaxes]

And percents are complex. So investments calculated by formula: investments*1,4^num_month

So if I gave you $1 and kept it in for 8 years I would get back.
($1)*1.4^(12* = ~100T.  The entire global money supply?

[pent]

So if I gave you $1 and kept it in for 8 years I would get back.
($1)*1.4^(12* = ~100T.  The entire global money supply?

Yep But Mavrodi thinks MMM will absorb global money supply much earlier. 42 months - he estimates. Like Dragon in Bibile Apocalypse.

[tonto]

There's also the unknowns of:  will it crash?  When cashing out, will the foreman be honest and send me my money? 
 
Don't get me wrong, I've thrown a little money in, but in 3 years, if it hasn't crashed, if I want to withdraw my (theoretical) $4 million dollars, that would be pretty tempting for the foreman, if he isn't honest, to suddenly disappear.
 
I'm hoping for honesty, and hoping it'll be around in 3 years.   Then I'm getting a new boat

[pent]

If your foreman will not have enough money - he will ask money support from upper instances and they will ask other foremans to transfer money for you.

[pent]

If you think your foreman isn't honest and have facts - you can write abuse to Control Revision Department (CRD) - they will kick his ass.

[pent]

Okay. My current virtual income in MMM is about few thousands USD per month (approx equal to all investments). So lets make it real in public.

Sooo.... I could allow to myself buy this devil box from Butterfly labs



I will ask foreman for withdrawal of 700 USD this week, convert'em to bitcoins and finally, order the subject. All progress will go here.

[pent]

Bonus +50% to deposit extended until 15 May

Hury up! Mavrodi can change his mind

Note: bonus active only if money isnt withdrawn during at least 1 month.

[ineededausername]

You have thousands of dollars in an "investment" you know is a ponzi scheme?!

[pent]

yep

[Red Emerald]

So if I gave you $1 and kept it in for 8 years I would get back.
($1)*1.4^(12* = ~100T.  The entire global money supply?

Yep But Mavrodi thinks MMM will absorb global money supply much earlier. 42 months - he estimates. Like Dragon in Bibile Apocalypse.

"Like Dragon in Bibile Apocalypse." Oh man that made me laugh. Thanks.

I don't get why anyone would be dumb enough to put their money into something that is so up front about being a ponzi...

[pent]

"Like Dragon in Bibile Apocalypse." Oh man that made me laugh. Thanks.

I don't get why anyone would be dumb enough to put their money into something that is so up front about being a ponzi...

Mavrodi phylosophy: Dollar is a short-circuited pyramid. A Dragon. Another Dragon is required to diminish Dragon. Another pyramid. Anti-pyramid.

And forget about Ponzi. His doings are ant digging in comparasion to MMM'94, Stock Generation and current MMM-2011.

[Red Emerald]

"Like Dragon in Bibile Apocalypse." Oh man that made me laugh. Thanks.

I don't get why anyone would be dumb enough to put their money into something that is so up front about being a ponzi...

Mavrodi phylosophy: Dollar is a short-circuited pyramid. A Dragon. Another Dragon is required to diminish Dragon. Another pyramid. Anti-pyramid.

And forget about Ponzi. His doings are ant digging in comparasion to MMM'94, Stock Generation and current MMM-2011.

You aren't making this sounds safer... If ponzi was small and yet A BAD INVESTMENT, how does that make your investment make ANY SENSE AT ALL?

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.

Sounds to me like we need to not have any "dragons"... Not a bigger one...


IMO, anyone pushing pyramids and ponzis should get the scammer tag.

[pent]

Look around - all things are either ponzi or bubbles now. It's a bad time. Maybe...

Mavrodi (and so I) don't tell "hey, its not ponzi, we invest your money in real products/forex or whatever".

IT IS FINANCIAL PYRAMID. THERE IS NO INCOME HERE EXCEPT NEW INVESTMENTS.

Mavrodi (and so I) don't lie. Why it must be scam? You know what are you doing, where are you investing.

It's a game. Very big game.

[Red Emerald]

IT IS FINANCIAL PYRAMID. THERE IS NO INCOME HERE EXCEPT NEW INVESTMENTS.

Thank you for making my point.

I urge anyone reading this to stay far far away from anything built at all like this. ESPECIALLY ONES RUN BY PEOPLE WHO HAVE BEEN IN JAIL FOR FRAUD AND LOST TONS OF OTHER PEOPLE'S MONEY.

[pent]

Yes, people, stay away from this!

DO NOT TAKE PART IN THIS DAMNED MMM-2011!

TO HELL WITH IT!

LIVE YOUR LONG HAPPY LIFE MAKING YOUR MONTHLY WAGE! :-))

I DO REPEAT, SPEAKING ENGLISH STRAIGHT INTO YOUR EAR:

DO NOT TAKE PART! DO NOT TAKE PART! DO NOT TAKE PART!

DO NOT! DO NOT!! DO NOT!!!

RUN AWAY AS FAST AS YOU CAN, CLOSE THIS WEB-SITE AND DO NOT RETURN!!!

DO YOU GET THIS?

http://i-mmm.com/en/info.php

Mavrodi is god damn crazy criminal and totally nuts.

[Red Emerald]

Yes, people, stay away from this!

DO NOT TAKE PART IN THIS DAMNED MMM-2011!

TO HELL WITH IT!

LIVE YOUR LONG HAPPY LIFE MAKING YOUR MONTHLY WAGE! :-))

I DO REPEAT, SPEAKING ENGLISH STRAIGHT INTO YOUR EAR:

DO NOT TAKE PART! DO NOT TAKE PART! DO NOT TAKE PART!

DO NOT! DO NOT!! DO NOT!!!

RUN AWAY AS FAST AS YOU CAN, CLOSE THIS WEB-SITE AND DO NOT RETURN!!!

DO YOU GET THIS?

http://i-mmm.com/en/info.php

Mavrodi is god damn crazy criminal and totally nuts.

QFT?

Why the hell would anyone invest in this when even the site says not to? It relies on idiots who will give their money away for nothing even when told they will get nothing.

[pent]

All have been already warned with capital letters. Mavrodi does not hide his name and internet is full of his past.

[Red Emerald]

All have been already warned with capital letters. Mavrodi does not hide his name and internet is full of his past.

Exactly.  This is the exact opposite reason to invest though.  So why did you invest? To capitalize on idiots who come after you?

[pent]

Exactly.  This is the exact opposite reason to invest though.  So why did you invest? To capitalize on idiots who come after you?

Pls don't offend. I didn't do anything for this.

The reason I invested money:

I didn't believed mmm will fly. He didn't have anything after jail except billions of debts.

I didn't believe such things can fly twice, and even triple times.

But 1 month past. It was running. 2,3,6 months past. It was running without abuses. Year past - huge deposits became unfrozen and people got millions...

And... I thought "may be they are not idiots, but I duno see smth". My friends withdrawn huge money... So why not?
After I put $100 there I began to read and research this structure. And found reasons to consider it very stable. And then I put another investments.

[pent]

Ahahaha ROFL. Just after I posted above. Not only I considered it stable. The news:

http://sergey-mavrodi.com/news/view_5034.html

MMM 2011 Investments insurance

Due to concerns of some group of participants about reliability of MMM-2011 System, the information about investments insurance became really actual.

After long negotiations with several heads of MMM-2011 and thorough research of system itself, the head of large finacial corporation FinEconomCorporation (statutory fund more than $110 millions USD) received evidence that MMM-2011 is highly stable. As a result, FinEconomCorporation proposed their insurance services and became our insurance partner.

Now every participant is able to make insurance of his investments for 3 months term for 4% of desit amount.

EDIT: Unfortunately this link has been deleted from news.

[tonto]

So if I gave you $1 and kept it in for 8 years I would get back.
($1)*1.4^(12* = ~100T.  The entire global money supply?

Yep But Mavrodi thinks MMM will absorb global money supply much earlier. 42 months - he estimates. Like Dragon in Bibile Apocalypse.

"Like Dragon in Bibile Apocalypse." Oh man that made me laugh. Thanks.

I don't get why anyone would be dumb enough to put their money into something that is so up front about being a ponzi...

at 40%, you make your money back in 3 months, can withdraw what you put in, and the rest/left-over is profit.  So if you can risk waiting for 3 months, then you're golden, and just have to sit and watch it grow until you get nervous and pull out.

[pent]

More than, with 50% bonus to your deposit you can get +110% in 1 month.

[rini17]

Did anyone think about shorting this mavro stuff?

[naima53]

Did anyone think about shorting this mavro stuff?

Haha! Good idea, quickly create a site similar to bitcoinica for shorting, only to MAVRO  
EDIT And get a grant from the Government of Russia (from Gazprom)

[tonto]

How does shorting work, anyway?  I've seen reference to it in investment forums, but I'm rather a newbie when it comes to investment vocabulary. 

[rini17]

How does shorting work, anyway?  I've seen reference to it in investment forums, but I'm rather a newbie when it comes to investment vocabulary. 

http://en.wikipedia.org/wiki/Short_%28finance%29

Basically you borrow the stuff you want to short, and sell it at current price. Later, when time comes to return that stuff, buy it back again, hopefully much cheaper (and have a profit). In this case step 2 depends on members of MMM desperately wanting to sell mavros much below the "official" price. This will inevitably happen, question is when exactly.

[pent]

Dear participants and interested in people!

My current limits for conversion Bitcoins to MAVRO-D is about $5000 USD per day, which is not so much. Also the estimated period of full payment settlement is up to 24h (if limits not reached).

If you want to get 50% bonus on your account (bonus is active till 15 May), please consider to buy MAVRO ahead of time, not in 15 May evening

[pent]

MMM is poorly known in non-xUSSR countries. But in xUSSR there are a lot of happy participants with millions $$$ successful withdrawns. See on youtube

RUR 1000000/USD 35700
USD 50000
RUR 7500000 / USD 268000
EUR 21500 (Germany)

And much, much more

[pent]

One of the trailers of "Zeitgeist Beyond the Pale" documental film.

MAVRODI MMM-2011 TAKING THE CHALLENGE

[pent]

Financial PyraMMMid MOVIE (english version)

Is a story about MMM'94. Full movie The Pyrammmid 2011 in english amateur translation.

http://www.youtube.com/watch?feature=player_embedded&v=lFx9dxUCxTc

[pent]

Got next payout!

Note: This is NOT referal bonuses (which will unhold within month). This is from my own investments.

I ordered 1000USD withdrawal at 3 May 2012 (holiday):



There was some delay as I was in progress moving funds to other foreman. This took two days and finally, new foreman did the payout. He reported me with screenshot:



Note 8000UAH is equal to 1000USD

Today i received sms report that my debit card was funded with 8000UAH. And here is a screenshot from ATM:



FPGA miner from BFL 800 MHash/s was already ordered for BTC:

[Timbo925]

Can your withdraw after just 1 month (like 1month and one day?) This way it's more like a 1 month gamble and if the pyramid doesn't collapse their is no problem because your got all the investment out already...

[pent]

You can withdraw at any time. Just follow the rates.

1 month is a hold period for bonuses (like now until 15 May there is a bonus 50% to deposit). If you withdraw money earlier, bonus will disappear, but regular 40% percent/month income  will be active.

[Timbo925]

Ok I'll think about it. The only question is how long will this run.
As long an new ppl deposit money. So basically it's like mining for gold in a mine witch is going to collapse.
If you get out soon you will have a nice profit.

[pent]

Ok I'll think about it. The only question is how long will this run.
As long an new ppl deposit money. So basically it's like mining for gold in a mine witch is going to collapse.
If you get out soon you will have a nice profit.

Its a financial pyramid in its pure form with all risks compensated by possible high profit.

It runs fine 16 months and >30 million people involved and get paid.

Every day of thinking costs... Time is money

[Red Emerald]

How long did MMM 94 pay people before it collapsed?

[pent]

About 6 months. It had official company and money were centralized in one place.

[pent]

MMM & Sergey Mavrodi. The Truth the Government doesn't w★nt you to know!

http://www.youtube.com/watch?feature=player_embedded&v=iFHgJdn25Og#!

[tonto]

Ok I'll think about it. The only question is how long will this run.
As long an new ppl deposit money. So basically it's like mining for gold in a mine witch is going to collapse.
If you get out soon you will have a nice profit.

Its a financial pyramid in its pure form with all risks compensated by possible high profit.

It runs fine 16 months and >30 million people involved and get paid.

Every day of thinking costs... Time is money

I'm sticking it out for 27 months.  I have ran calculations/spreadsheets, and have a glorious plan.  So if it lasts that long, I will be happy!

[pent]

I withdrawed $1000 USD week ago for buying BFL Single (see screenshots on prev page).

Today I checked current rates and found that balance converted to USD increased for a bit more than $1000.

So I can order BFL Single every week without affecting USD balance

But i decided to order it every month as a little bonus for me, as I have different plan for rest money.

[malevolent]

It runs fine 16 months and >30 million people involved and get paid.

I see you're into it, so I have some questions for you:

1) How do you know there's 30M people involved in this (website info doesn't seem too credible..)
2) Do you know of anyone making any estimates on to when this is going to collapse? When are you prepared for it?
3) How does withdrawal work, which currencies (banks, countries) are supported? I am specifically interested in SEPA tranfers (EUR and PLN)
4) Why does the website look like it was written in 2000 (not the code though but quite a few errors there)

[pent]

1) How do you know there's 30M people involved in this (website info doesn't seem too credible..)

There is no method to count participants directly but indirect estimations tell it is likely true:
- #19 Rank in RU and #705 in the world according to Alexa stats
- Youtube is full of success withdrawals amateur video. And nothing about failures.
- In my xUSSR country there are A LOT of advertising around
- Also in my country everyone know what is it, not depending they are participants or not.

2) Do you know of anyone making any estimates on to when this is going to collapse? When are you prepared for it?

Estimates started along with MMM and predict its failure on every day, then every week, now they predict collapse every month

3) How does withdrawal work, which currencies (banks, countries) are supported? I am specifically interested in SEPA tranfers (EUR and PLN)

Depending on your manager/foreman. If you use invite code pent you will get manager from Warsaw (Poland). He accepts Liberty Reserve, bank transfers, Western Union, Cash. I help him to accept Bitcoins also. But Bitcoins go via me, as he don't understand how to deal with them. I dont know what is SEPA, but probably yes.

4) Why does the website look like it was written in 2000 (not the code though but quite a few errors there)

- MMM is more offline structure. All data kept at manager PC locally and periodically synced with global database and displayed on the website only for confortable reasons. As website can be shutdown at anytime by gov or hacked or whatever - Internet is not the first face of MMM.
- MMM is just started going west, all just starts here
- MMM grows exponentally and seems that devs don't have enough time for all
- Most managers create their own sites for advertising MMM and they looks better I am developing such

[pent]

New bonus on deposit

Until 22 May 2012 (including) you get bonus on any deposit +40% instantly. I.e. you deposit 100 USD - you get MAVRO on $140 USD and they continue to grow 40% a month.

Bonus will disappear if you withdraw money during 1 month. But only bonus.

[pent]

Informational mini-war MMM vs TCS Bank (Tinkoff Credit Systems). MMM wins. Fatality.

15 May 2012 - Top manager of TCS Oleg Anisimov published in LiveJournal (link already closed) false information leak from one of MMM heads about coming MMM collapse. In his post, Oleg published a mail from Artem Prokofiev (head of 1000s MMM structure), where Artem says about internal problems of MMM and funds shortage.

This blog post went to Livejournal top in hours and got 25 pages of discussions.

16 May 2012 - Sergey Mavrodi published disproff post in his official blog, where Artem Prokofiev on video says that he has no relation to published mail. Artem showed his passport to identify his person on video.

17 May 2012 - Sergey Mavrodi qualified Oleg's post as direct information attack on MMM and asked MMM participants to withdraw their money from TCS Bank:

Кcтaти, мoжнo пpoвepить, пиpaмидa бaнк Tинькoвa-Aниcимoвa или нeт. (Aниcимoв этo тoт caмый, кoтopый пpo нac пoдлoжныe пиcьмeнa выклaдывaeт.) Oни жe yтвepждaют, чтo нeт? C пeнoй y pтa. Bce эти бaнкиpы. Boт зaбиpaйтe дeньги, и пocмoтpим, выдepжит ли? Ecли нe пиpaмидa -- выдepжит, чeгo им oпacaтьcя? Дaжe кpeпчe cтaнeт! Избaвившиcь oт гpязныx дeнeг пиpaмидчикoв.  :-)) (Paзвe чтo пoвeзёт, и нaшиx yчacтникoв тaм мaлo. :-))

Besides, lets check whether Anisimov's TCS Bank is a pyramid or not. (Anisimov is a man who published false mails about us). They assert they are not a pyramid. With a foamy mouth. All of those bankers. Okay. So withdraw money and we will see whether TCS handle this ot not. If they are not pyramid - they will stay. Why should they care then? They will become even more stronger!

18 May 2012 - Anisimov removed his original post from LiveJournal: http://oleganisimov.livejournal.com/

18 May 2012 - Multiple blog and news posts about panic in TCS clients. Clients trying to withdraw their money, but TCS bank have no funds:
http://delovoe.tv/event/Mavrodi_otomstil_Tin_k/
http://sekai.clan.su/publ/monde_mono/mmm/mmm_vs_bank_kto_kogo/13-1-0-83#heading1
http://eugenyshultz.livejournal.com/278223.html
http://ka3ak2010.livejournal.com/36028.html - Fynancial Apocalypse is comming - MMM destroys TCS Bank
http://tcsbank.bank.ru/opinion/mark/1/ - tons of panic comments

Return me my money you ****er. If I see your range rover - it will be really damaged. They not take the phone. I must wait for 10 mins, then they refuse call. Tomorrow i'll visit their office with police

Waiting for bankrupt liquidation procedure of this bank.

What this says about?
1. MMM is a huge social structure with millions of participants - enough to destroy single bank in one day.
2. MMM has huge funds backup in banks - enough to destroy single bank in one day

[GoWest]

This just collapsed.

'Fool me twice, shame on me: Russians fall once again for notorious Ponzi scheme'

http://www.rt.com/news/mmm-mavrodi-ponzi-scheme-715/

[cunicula]

I am curious if pirate has just been passing investment funds to this. If true, the near future will prove amusing.

[Timbo925]

I am curious if pirate has just been passing investment funds to this. If true, the near future will prove amusing.

Even if he did this and was smart. He could just stop the BTS&T and pay everything back and even have a big profit for himself.
Pirate stated somewhere that he business he was running may be considered a ponzi in the beginning.

We will see...

[malevolent]

I haven't entered it but from what I've heard from people in MMM-2011 it is not falling apart, and only the media says so.
Doesn't mean it can't fall apart at any time soon.

[cunicula]

I am curious if pirate has just been passing investment funds to this. If true, the near future will prove amusing.

Even if he did this and was smart. He could just stop the BTS&T and pay everything back and even have a big profit for himself.
Pirate stated somewhere that he business he was running may be considered a ponzi in the beginning.

We will see...

If he got the principal out in time.

[pent]

This just collapsed.

'Fool me twice, shame on me: Russians fall once again for notorious Ponzi scheme'

http://www.rt.com/news/mmm-mavrodi-ponzi-scheme-715/

This just restarted as MMM-2012.

Polish cell is in progress moving deposits of MMM-2011 to MMM-2012.

[Red Emerald]

This just collapsed.

'Fool me twice, shame on me: Russians fall once again for notorious Ponzi scheme'

http://www.rt.com/news/mmm-mavrodi-ponzi-scheme-715/

This just restarted as MMM-2012.

Polish cell is in progress moving deposits of MMM-2011 to MMM-2012.

lol what?

[kidder2012]

This just collapsed.

'Fool me twice, shame on me: Russians fall once again for notorious Ponzi scheme'

http://www.rt.com/news/mmm-mavrodi-ponzi-scheme-715/

This just restarted as MMM-2012.

Polish cell is in progress moving deposits of MMM-2011 to MMM-2012.

lol what?

Yes...what?  MMM-2011 is crashing, but new MMM-2012 is spinning up and deposits are moving over?  Tell us all about it.

[tonto]

This just got my attention...

[tonto]

I got this response from my tens manager:
 

Code:

"Hello,

the polish cell will still pay for MMM-2011 from MMM-2012 money. So it's all ok ;) don't be worry"

So I'll ride this storm out and hopefully it will last as well.

[Vladimir]

This just collapsed.

'Fool me twice, shame on me: Russians fall once again for notorious Ponzi scheme'

http://www.rt.com/news/mmm-mavrodi-ponzi-scheme-715/

Surprise, Surprise!

http://bitcoinmagazine.net/ponzi-schemes-the-danger-of-high-interest-savings-funds/

They are like "I am a honest thief, I will tell you that I will steal your money, then I will steal your money and because I am that honest I will not go to jail."

[Bitcoin Oz]

Anyone pushing this should get the scammer tag. If the forum allows this and people lose money they can go after mt gox which hosts it I would think.

[Red Emerald]

Anyone pushing this should get the scammer tag. If the forum allows this and people lose money they can go after mt gox which hosts it I would think.

lol no.  No one is suing mtgox over this.

[Sukrim]

Anybody daring to make an asset on GLBSE about this? I'm not 100% sure if Nefario would be ok with it though... on the other hand quite a few assets there could secretly (direct or via proxy) already be involved in MMM.

[malevolent]

Anybody daring to make an asset on GLBSE about this? I'm not 100% sure if Nefario would be ok with it though... on the other hand quite a few assets there could secretly (direct or via proxy) already be involved in MMM.

If whoever decides to do so is transparent and clearly makes potential ''investors'''aware of the risks I personally don't see any problems.