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The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi - Politics - Nairaland

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The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by Gistarena(m): 5:16pm On Nov 16, 2016
Sergey Mavrodi: The Founder of MMM
So many lies have been told about the founder of the world life saving scheme, known as MMM, the Russian government termed him a convicted criminal just to soil the good work he is doing that the government could not do for her people.

Sergey Mavrodi is a founder and leader of the MMM Social Financial Community. MMM is sure to be his life-work, but not the only one. Sergei Mavrodi, having a degree in mathematics, worked as a programmer and took part in the development of the first operating systems. The company he founded was one of leading computer equipment distributors in Russia. He was a Deputy of the Russian Parliament. His literary works were published and they are sold in book stores. Two of his screenplays were made into movies. His poems were turned into songs.
Youth
Sergey was born in 1955, in Moscow in a simple Soviet “middle class” family – of a worker and an economist. From his father, of Ukrainian and Greek origin, was left a memorable surname – Mavrodi. Since high school the young man showed great talent in the exact sciences was the winner of numerous physical and mathematical Olympiads, sometimes even led lessons on behalf of his teachers.
After school he entered the Moscow Institute of Electronic Engineering at the Department of Applied Mathematics, from which he graduated in 1978 with the specialization “artificial intelligence”.
Whilst in the Institute he got interested in Sambo (Russian martial art) and having a weight of 60kg became the champion in Moscow in the Open category. However, this was the end of the professional sports career as further growth demanded too much time.
Upon graduation Mavrodi worked for some time as a programmer, but then he resigned and started a simple business – trade of the audio and video recordings.

MMM-94
In 1989 Mavrodi founded the corporative society “MMM”, based on which then he created a few dozen of other commercial structures. The corporative society, in particular, was engaged in computer supplying, which were only at their starting point of accessing the market’s daily turnover. In 1992, the brand became universally recognizable after Mavrodi offered, several times, to all the residents of Moscow a day of free of charge travel in Metro (Moscow subway).

Since February 1994, the joint-stock company "MMM" began to issue tickets and sell them through an extensive chain of offices throughout the country. In MMM offices people were able to buy tickets and sell already bought tickets. The price which MMM bought and sold tickets for grew two times per month. It means that anyone, who had bought MMM tickets, could sell the MMM in a month for the double price and make a profit. MMM commercials were regularly on central TV channels. It caused a public excitement in the society. These tickets were not securities. There were no promises that the prices of the tickets MMM would be doubled during a month. Therefore, MMM actions were hardly a classic Ponzi scheme. Sergei Mavrodi didn’t deceive anybody and did not say that money was invested in high-yield business projects.
Sergei Mavrodi planned to spend the money, accumulated in MMM, on purchasing companies to be privatized. And then he wanted to distribute these companies ' shares among MMM tickets holders. Then in Russia, shareholders would not have been a handful of super-rich oligarchs, but dozens of ordinary citizens.




Mavrodi explained his motivation: “In Russia there was a ‘privatization’. And if we call a spade a spade – a total deception and robbery of defenseless population who doesn’t understand anything.” But MMM lasted only six months – a period during which the number of participants reached, according to various estimates, 10-15 million, the total amount of deposits – a third of the national budget, the price of shares, designated on a “discretionary decision” at the rate of 100% per month, increased 127 times. In the summer of 1994, the government stopped the work of the joint stock company "MMM". Those, who had MMM tickets, couldn't sell them back to MMM. Sergei Mavrodi was charged with tax evasion. He was arrested afterwards.
Why didn’t the police prohibit selling and buying MMM tickets MMM at the beginning? Why had they been waiting for six months? Probably, the police realized that they had no reason to interfere. From a legal point of view, it was impossible to claim MMM: people simply bought and sold MMM tickets, they were not investments. But then six months later, when over 10 million Russians had become ticket holders, the state regarded MMM as a serious competitor and decided to destroy it at any cost. And the state had not even considered what dire consequences those who had bought MMM tickets would suffer from. “The system did not collapse at all. It was artificially destroyed at the peak of its development,” said Mavrodi. During police probe the witnesses told about 17 trucks in which, secret service forces had taken cash from MMM’s office.

Member of Parliament
In the prison Mavrodi started collecting signatures for registering as a candidate for the State Duma (Parliament) of the Russian Federation. After two months was signed in and released. Thanks to the high rating, on October 30, 1994 he was elected and became a Member of Parliament. During his election campaign Mavrodi did not keep as a secret that he goes to State Duma solely for the sake of the parliamentary immunity, and since elected as a deputy, was not present at any of its meetings. Mavrodi also refused to get a salary and use all benefits provided to the deputies.
The state needed a pretext for expelling Mavrodi from the State Duma. He was charged with taking part in business activities. And according to the Russian Constitution, Members of Parliament do not have the right to conduct business. A year later, October 6, 1995, the State Duma terminated his parliamentary powers ahead expiry.

The arrest and trial
After the revocation of Sergei Mavrodi’s parliamentary mandate, the investigations against him were restarted, additionally to the existing cases there has been added one more – fraud. He was added into the Russian and then in the international wanted list. More than 5 years he was hiding in a rented apartment on a street, near to his home.
In 2003 Mavrodi was arrested. According to the prosecutors, the damage done by MMM to millions of depositors was estimated at $110 million. But the accusation stated that the funds were spent solely on the MMM’s development: payments, advertising, staff salaries, opening new offices, etc. For himself Mavrodi didn’t spend almost anything – didn’t buy yachts, palaces, planes, etc.
The investigation lasted 3.5 years, another year was the court. On April 28, 2007 the Chertanovo district court sentenced Sergey Mavrodi to 4.5 years in general regime penal colony. Mavrodi was found guilty under article 159 of the Criminal Code (fraud). As mitigating circumstances, the court took into account that the founder of MMM had not previously been convicted and had a child to support. The court didn’t take into account that MMM had not given any promise of rising cost of tickets and that MMM had not signed any contracts with buyers of tickets. And, moreover, the court didn’t not consider social problems that "MMM" had wanted to solve by issuing tickets.

Literary Activity
After his discharge from prison, Mavrodi got engaged into writing activities. In 2008, was released his book “The Temptation” (other name – “Son of Lucifer”), written by him in prison. The book consists of more than 100 short stories; each describes one of the human vices. Sergei Mavrodi is the author of many philosophical, love and civil poems. Some of them are turned into songs.
On the basis of the history of the MMM-94 was shot a movie “PiraMMMida.” Sergey Mavrodi wrote the screenplay for this movie and Universal Picture was engaged in its rental.

Revival of MMM
In February 2011 Sergey Mavrodi revived MMM. This is not a company, not an organization, but a community of people. Mavrodi took account of mistakes made in 1994. Money is not kept in one place. Now in MMM there is, in principle, no money - all the money is only on participants’ accounts. MMM just connects those who want to give and receive help.
In the spring of 2011 financial analysts and experts stated that people wouldn’t transfer money, if they were not guaranteed that they would make a profit. But MMM was successfully launched. And now, for more than 4 years, the Community has been successfully developing. Now MMM unites several million participants from different countries of the world.

Sergey Mavrodi’s Quotes

“The cowardice has lots of names. I do not fear nobody’s and no types of calls. You shouldn’t be afraid at all, of anyone or anything. A feeling of fear humiliates. You lose yourself.”

“You can betray only that who trusts you. The worst sin – betrayal!”

“Everything has its melting point. Friendship, loyalty, love, honor… Everything! And may God protect you from confirming this terrible truth in practice, on people close to you. And there are abysses where one better not look into. Since there’s nothing else but betrayal, lies, dirt and meanness.”

“If they treat you unfairly, humiliate you, abuse your honor and dignity – fight! By all the available means and methods, without regard to anything and without looking back. Defend it, your honor! At any price. Any!! They used to duel for the honor. If you are silent and let them treat you like a dumb animal, a slave, what are you complaining about? Slaves don’t have honor”.

“The truth is the most improbable thing in the world. It’s almost always charmless and unpleasant. It’s only the lie that is nice, beautiful and elegant”.

“When everything is available you don’t want anything. There’s nothing there, on the top, there’s vacuum. But in order to understand it – you need to visit it. So I visited it and got to know”.

“Any promise is from evil. Every time there’s something hided, embroidered, understated. The key points are always highlighted in a certain way… And this is so common and ordinary that is widely perceived by everyone as a norm. But it’s not a norm at all – it’s a deceit in any way. And deceiving is not good. So I don’t deceive anyone and in anything!”

“Yes, people are wicked. But you should be kind!”

“Our world is not as bad, hard-hearted and mercantile as many people perceive it. Is not redeemable. And people around are not so bad. Evil has not won yet once and for all. And fighting against it is possible and necessary!!”


“The world is bad? So, make it better!”


http://www.gistarena.com.ng/2016/11/the-truth-government-refuse-to-tell-you.html

5 Likes 1 Share

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by DTOBS(m): 5:37pm On Nov 16, 2016
Hmmmm

1 Like

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by S2kluv: 5:46pm On Nov 16, 2016
DTOBS:
Hmmmm
Dnt tell me you read the post








Did u?

1 Like

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by loopmangoat(m): 5:47pm On Nov 16, 2016
Good
Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by DTOBS(m): 5:47pm On Nov 16, 2016
S2kluv:
Dnt tell me you read the post








Did u?
Of course I did...

2 Likes

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by merit455(m): 5:59pm On Nov 16, 2016
OK
Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by blazhykowskyi(m): 6:11pm On Nov 16, 2016
wow! just wow! I love the quotes. he's very intelligent.

1 Like

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by DEBJOCH1(m): 6:25pm On Nov 16, 2016
Abeg mama Junior, borrow me 50k from your banana and granut make I use invest into MMM, As I de see MMM, na him sure pass. I go give u back your 50k by the time I receive helep.

1 Like 1 Share

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by DEBJOCH1(m): 6:25pm On Nov 16, 2016
Abeg mama Junior, borrow me 50k from your banana and granut business make I use invest into MMM, As I de see MMM, na him sure pass. I go give u back your 50k by the time I receive helep.

1 Like

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by kingwax7007: 6:51pm On Nov 16, 2016
Stop lying to yourself..

This is the truth...

History
MMM was established in 1989 by Sergei Mavrodi, his brother Vyacheslav Mavrodi, and Olga Melnikova. The name of the company was taken from the first letters of the three founders' surnames.

Initially, the company imported computers and office equipment. In January 1992, tax police accused MMM of tax evasion, leading to the collapse of MMM-bank, and causing the company to have difficulty obtaining financing to support its operations. Faced with difficulties in funding its foreign trade, the company switched to the financial sector. It offered American stocks to Russian investors, but met with little success. Later, MMM-Invest was created for the purpose of collecting vouchers during privatisation. This effort was similarly unsuccessful.

MMM created its successful Ponzi scheme in 1994. The company started attracting money from private investors, promising annual returns of up to one thousand percent. It is unclear whether a Ponzi scheme was Mavrodi's initial intention, inasmuch as such extravagant returns might have been possible during the Russian hyperinflation in such commerce as import-export.

MMM grew rapidly. In February 1994, the company reported dividends of 1,000%, and started an aggressive TV ad campaign. Since the shares were not quoted on any stock exchange and the company itself determined the share price, it maintained a steady price growth of thousands of percent annually, leading the public to believe its shares were a safe and profitable investment.

An important factor in the scheme's success was word of mouth, but most of the company's success came from its extremely aggressive ad campaign, which appealed to the general public by using "ordinary" characters that viewers could identify with. The most famous of them, a "folk hero" of early 1994, was Lyonya Golubkov. Another notable marketing effort was a giveaway of free Metro trips to all Moscow citizens on a particular day. MMM also was one of the first well-known companies in Russia with a logotype and slogans ("Flying from shadow to the light" and others).

At its peak the company was taking in more than 100 billion rubles (about 50 million USD) each day from the sale of its shares to the public. Thus, the cashflow turnover at the MMM central office in Moscow was so high that it could not be estimated. The management started to count money in roomfuls (1 roomful of money, 2 roomfuls of money, etc.).

Regular publication in the media of the rising MMM share price led President Boris Yeltsin to issue a decree in June 1994 prohibiting financial institutions from publicising their expected income.

The success of MMM in attracting investors led to the creation of other similar companies, including Tibet, Chara, Khoper-Invest, Selenga, Telemarket, and Germes. All of these companies were characterised by aggressive television advertising and extremely high promised rates of return. One company promised annual returns of 30,000%.

On July 22, 1994, the police closed the offices of MMM for tax evasion. For a few days the company attempted to continue the scheme, but soon ceased operations. At that point, Invest-Consulting, one of the company's subsidiaries, owed more than 50 billion rubles in taxes (USD 26 million), and MMM itself owed between 100 billion and 3 trillion rubles to the investors (from USD 50 million to USD 1.5 billion). In the aftermath at least 50 investors, having lost all of their money, committed suicide.

Several organisations of "deceived investors" made efforts to recover their lost investments, but Sergei Mavrodi manipulated their indignation and directed it at the government. In August 1994 Mavrodi was arrested for tax evasion. However, he was soon elected to the Russian State Duma, with the support of the "deceived investors". He argued that the government, not MMM, was responsible for people losing their money, and promised to initiate a pay-back program. The amount ultimately paid back was minuscule compared to the amount owed.

In October 1995, the Duma cancelled Mavrodi's right to immunity as a deputy. In 1996, he tried to run for Russia's presidency, but most of the signatures he received were rejected. MMM declared bankruptcy on September 22, 1997.

While it was believed that Sergei Mavrodi left Russia and moved to the United States, it is possible that he stayed in Moscow, using his money to change apartments regularly and employ a group of former special agents. With the help of a distant relative he started Stock Generation Ltd., another pyramid scheme based around trading non-existent companies' stocks in a form of the "stock exchange game" on the company's site, stockgeneration.com. Despite a bold-letter warning on the main page that the site was not a real stock exchange, between 20,000 and 275,000 people, according to various estimates, fell for the promised 200% returns and lost their money. According to U.S. Securities and Exchange Commission, losses of victims were at least USD 5.5 million.

Mavrodi was found and arrested in 2003. While in custody, Mavrodi was given until January 31, 2006 to read the documents in his fraud case against him (The criminal case consisted of 650 volumes, each 250-270 pages long).[citation needed] At the end of April 2007, Mavrodi was convicted of fraud, and given a sentence of four and a half years. Since he had already spent over four years in custody, he was released less than a month later, on May 22, 2007.[citation needed] He later went on to creating yet another pyramid scheme called MMM-2011.

The MMM scandal led to increased regulation of the Russian stock market, but the legacy of the fraud led many to become extremely suspicious of any joint stock companies.

In 2015 MMM began operating in South Africa with the same business model as MMM-2011, claiming a "30% per month" return through a "social financial network".[3] The group was identified as a possible pyramid scheme by the National Consumer Commission and accounts of clients were later frozen by Capitec Bank.[4] In response to mounting criticism and official investigations by state authorities in 2016 supporters of the South African MMM scheme staged a protest march in Johannesburg.

In 2016, MMM launched a website targeting the Nigerian audience.

In January 2016 the Chinese government banned MMM on the grounds that it is a pyramid scheme, (Ponzi scheme), and it is not registered in the country (and as a fraudulent scheme cannot be registered).

8 Likes

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by Babalegba(m): 6:53pm On Nov 16, 2016
Nigerians and stupidity are inseparable. It used to be the commandclem founder they were defending before.Anything to make a fast buck to the detriment of their fellow human beings

9 Likes 1 Share

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by everozone: 6:54pm On Nov 16, 2016
He is a geinus,a guru.Kudos.

1 Like

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by Frankiss44(m): 6:57pm On Nov 16, 2016
All hail Sergey Mavrodi: The Founder of MMM and the person with the mandate to liberate millions out of poverty....


He who is not courageous enough take risks will accomplish nothing in Life."
- Muhammad Ali

4 Likes

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by Nobody: 7:03pm On Nov 16, 2016
only problem is there is a simple VERIFIABLE FACT that @op has left out of all this "very long" gist. A lot of people lost millions worth millions of $$$ and it did not just vanish into thing air. It went into the pockets of MMM founder and a few elite participants with downlines tipping almost 5% from the top. so if you are not among those 5%.. you are losing really especially if you invest BIG and rollover often.

4 Likes 2 Shares

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by AZeD1(m): 7:03pm On Nov 16, 2016
Babalegba:
Nigerians and stupidity are inseparable. It used to be the commandclem founder they were defending before.Anything to make a fast buck to the detriment of their fellow human beings
You still remember command Clem and his anti corrosive paint?

5 Likes

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by olsmade(m): 7:51pm On Nov 16, 2016
Does it make sense to you that MMM is able to generate money without any type of business investment other than the fact that it's a Networking Ponzi scheme? Your eyes will clear eventually. Your case is like that of a child that is warned not to stick his hand in the fire but is hell bent on hurting himself. I have been around long enough to know that these always fail.

11 Likes 1 Share

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by omohayek: 8:29pm On Nov 16, 2016
olsmade:
Does it make sense to you that MMM is able to generate money without any type of business investment other than the fact that it's a Networking Ponzi scheme? Your eyes will clear eventually. Your case is like that of a child that is warned not to stick his hand in the fire but is hell bent on hurting himself. I have been around long enough to know that these always fail.
Don't mind the OP. He's just another greedy sucker looking to keep up the hype on this pyramid scheme so he can get his own cut before it all comes crashing down.

6 Likes

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by TheNonce: 8:44pm On Nov 16, 2016
grin



MMM= superb scam!



Involve at your own risk!

8 Likes

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by Nobody: 9:14pm On Nov 16, 2016
He is still a former Spammer/Scammer grin grin grin grin

3 Likes 1 Share

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by gameboyo: 9:25pm On Nov 16, 2016
Babalegba:
Nigerians and stupidity are inseparable. It used to be the commandclem founder they were defending before.Anything to make a fast buck to the detriment of their fellow human beings

Speed link, forex and Co. E go clear for their eye

1 Like 1 Share

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by jtjohn(m): 9:36pm On Nov 16, 2016
kk
Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by excanny: 9:49pm On Nov 16, 2016
How does mmm make mothe 30％ they give out？

3 Likes

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by ekanDamie: 10:08pm On Nov 16, 2016
excanny:
How does mmm make mothe 30％ they give out？
*HOW DOES MMM GENERATE THEIR OWN MONEY*
One pertinent question people always ask is *“How does MMM make their own money? Since they don’t touch participants’ money, how then do they make money to, at least, maintain their web presence? etc”*

The answer is simple. *GOOGLE PAYS MMM*
But then, the internet-savvy guys amongst us will ask, *“But MMM doesn’t advertise Google products on their website, how then is it possible?”*

MMM leverages on Google products for almost all of its campaigns and awareness, and Google appreciate them handsomely for that. Let me itemize:
✅ MMM exclusively uses Google forms to capture the details of applicants for positions in the community, such as Guiders, consultants, promoters, advertisers etc.
✅ A staggering number of prospective guiders are trained every month across the various countries MMM is in, and they make use of almost only Google products to execute their tasks, such as Google sheets, Google slides, Google docs etc.

They kind of help Google increase the repertoire of information they can present to its users/searchers
✅ This is, perhaps, the most significant source of income for MMM
*YOUTUBE! (owned by Google)*

If you already have an account with MMM, kindly go to the News section of your account. You should notice that MMM recommends, on the average, 4 Community Development Tasks for its participants. And at least one of these tasks requires creating an awareness video. Imagine just one fourth of the over 2million participants in Nigeria alone (not considering other countries oo) executing this task!!??

That’s not all oo..
Participants are financially incentivized when they create nice video testimonials about MMM after Gotten Helped.

Now, what does MMM do with all these videos? They upload it on YouTube. You will definitely agree with me that Youtube is awash with videos about MMM. And what does Youtube do with them? They monetize it!
What does that mean? YouTube knows that MMM, being the rave of the moment will attract lots of viewers to its related videos. So they seize the opportunity to place ads in these videos so people can see them as they watch the video. So, advertisers pay YouTube for showcasing their adverts, and YouTube shares the profits with MMM.

It is these profits that are used to foot the financial implications of running MMM.

6 Likes

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by excanny: 10:20pm On Nov 16, 2016
ekanDamie:

*HOW DOES MMM GENERATE THEIR OWN MONEY*

One pertinent question people always ask is *“How does MMM make their own money? Since they don’t touch participants’ money, how then do they make money to, at least, maintain their web presence? etc”*

The answer is simple. *GOOGLE PAYS MMM*

But then, the internet-savvy guys amongst us will ask, *“But MMM doesn’t advertise Google products on their website, how then is it possible?”*

MMM leverages on Google products for almost all of its campaigns and awareness, and Google appreciate them handsomely for that. Let me itemize:

✅ MMM exclusively uses Google forms to capture the details of applicants for positions in the community, such as Guiders, consultants, promoters, advertisers etc.

✅ A staggering number of prospective guiders are trained every month across the various countries MMM is in, and they make use of almost only Google products to execute their tasks, such as Google sheets, Google slides, Google docs etc.

They kind of help Google increase the repertoire of information they can present to its users/searchers

✅ This is, perhaps, the most significant source of income for MMM

*YOUTUBE! (owned by Google)*

If you already have an account with MMM, kindly go to the News section of your account. You should notice that MMM recommends, on the average, 4 Community Development Tasks for its participants. And at least one of these tasks requires creating an awareness video. Imagine just one fourth of the over 2million participants in Nigeria alone (not considering other countries oo) executing this task!!??

That’s not all oo..

Participants are financially incentivized when they create nice video testimonials about MMM after Gotten Helped.

Now, what does MMM do with all these videos? They upload it on YouTube. You will definitely agree with me that Youtube is awash with videos about MMM. And what does Youtube do with them? They monetize it!

What does that mean? YouTube knows that MMM, being the rave of the moment will attract lots of viewers to its related videos. So they seize the opportunity to place ads in these videos so people can see them as they watch the video. So, advertisers pay YouTube for showcasing their adverts, and YouTube shares the profits with MMM.

It is these profits that are used to foot the financial implications of running MMM.

TO REGISTER KINDLY SEND ME A PRIVATE MESSAGE

*#MMM RULES*

provide proof that MMM is funded by google？

and how much it earns monthly from google

5 Likes

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by dondavinchi(m): 10:33pm On Nov 16, 2016
olsmade:
Does it make sense to you that MMM is able to generate money without any type of business investment other than the fact that it's a Networking Ponzi scheme? Your eyes will clear eventually. Your case is like that of a child that is warned not to stick his hand in the fire but is hell bent on hurting himself. I have been around long enough to know that these always fail.
keep deceiving urself y ppl make a living iut of it doubting thomas
Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by AmuEwu: 10:55pm On Nov 16, 2016
ekanDamie:

*HOW DOES MMM GENERATE THEIR OWN MONEY*

One pertinent question people always ask is *“How does MMM make their own money? Since they don’t touch participants’ money, how then do they make money to, at least, maintain their web presence? etc”*

The answer is simple. *GOOGLE PAYS MMM*

But then, the internet-savvy guys amongst us will ask, *“But MMM doesn’t advertise Google products on their website, how then is it possible?”*

MMM leverages on Google products for almost all of its campaigns and awareness, and Google appreciate them handsomely for that. Let me itemize:

✅ MMM exclusively uses Google forms to capture the details of applicants for positions in the community, such as Guiders, consultants, promoters, advertisers etc.

✅ A staggering number of prospective guiders are trained every month across the various countries MMM is in, and they make use of almost only Google products to execute their tasks, such as Google sheets, Google slides, Google docs etc.

They kind of help Google increase the repertoire of information they can present to its users/searchers

✅ This is, perhaps, the most significant source of income for MMM

*YOUTUBE! (owned by Google)*

If you already have an account with MMM, kindly go to the News section of your account. You should notice that MMM recommends, on the average, 4 Community Development Tasks for its participants. And at least one of these tasks requires creating an awareness video. Imagine just one fourth of the over 2million participants in Nigeria alone (not considering other countries oo) executing this task!!??

That’s not all oo..

Participants are financially incentivized when they create nice video testimonials about MMM after Gotten Helped.

Now, what does MMM do with all these videos? They upload it on YouTube. You will definitely agree with me that Youtube is awash with videos about MMM. And what does Youtube do with them? They monetize it!

What does that mean? YouTube knows that MMM, being the rave of the moment will attract lots of viewers to its related videos. So they seize the opportunity to place ads in these videos so people can see them as they watch the video. So, advertisers pay YouTube for showcasing their adverts, and YouTube shares the profits with MMM.

It is these profits that are used to foot the financial implications of running MMM.

TO REGISTER KINDLY SEND ME A PRIVATE MESSAGE

*#MMM RULES*

Bros have you ever heard of the confirmation bias? That's what you're doing

2 Likes

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by ekanDamie: 11:16pm On Nov 16, 2016
excanny:


provide proof that MMM is funded by google？

and how much it earns monthly from google
me ashu provide u proof. wetin consign me
if u like do, if u like no do.mei dey do with my spare money n I dey collect cash.
na your business o oga.

1 Like

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by progress69: 11:23pm On Nov 16, 2016
AmuEwu:

Bros have you ever heard of the confirmation bias? That's what you're doing
olsmade:
Does it make sense to you that MMM is able to generate money without any type of business investment other than the fact that it's a Networking Ponzi scheme? Your eyes will clear eventually. Your case is like that of a child that is warned not to stick his hand in the fire but is hell bent on hurting himself. I have been around long enough to know that these always fail.
omohayek:

Don't mind the OP. He's just another greedy sucker looking to keep up the hype on this pyramid scheme so he can get his own cut before it all comes crashing down.
Babalegba:
Nigerians and stupidity are inseparable. It used to be the commandclem founder they were defending before.Anything to make a fast buck to the detriment of their fellow human beings
kingwax7007:
Stop lying to yourself..
This is the truth...
kingwax7007:
Stop lying to yourself..

This is the truth...

https://www.nairaland.com/3469265/inevitable-implosion-ponzi-scheme-mmm
Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by Moblord(m): 11:42pm On Nov 16, 2016
Thank you mavrodi
Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by Eagle360(m): 12:41am On Nov 17, 2016
Life itself is a risk, let take it.Not by force joining mmm. Mmm rock , I won't wait until it crashed and blaming myself that if I know I would have take the opportunity. Mmm will crash, everybody will crash too, death is inevitable. life is risked but if u fail to take the risk you are on your own. I will do great exploit via this mmm platform I won't wait until it crash.

1 Like

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by Nobody: 4:22am On Nov 17, 2016
excanny:


provide proof that MMM is funded by google？

and how much it earns monthly from google
Dont mind him
He just shot himself himself in the foot.
First they said MMM has no account at all.
Now they're saying google pays them. They just want to scam the gullible by force. At least the people that have made their own money are enjoying, I just pity the new members that will join when the thing crashes. I'm a YouTuber and for one thing you can only setup a google AdSense to monetize your video when you have a certain number of channel views, its preferable to wait till you get to 3000 channel views before you apply. And, google pays the owner of the account the money, NOT MMM. So, those stupid MMM videos that just have like 23 views can't do anything because you need at least $10 or so before you can withdraw. And each user is probably making like $0.001 from those mmm testimony videos.

2 Likes

Re: The Truth Government Refuse To Tell You About MMM Founder, Sergey Mavrodi by SmartMugu: 4:39am On Nov 17, 2016
ekanDamie:

*HOW DOES MMM GENERATE THEIR OWN MONEY*

One pertinent question people always ask is *“How does MMM make their own money? Since they don’t touch participants’ money, how then do they make money to, at least, maintain their web presence? etc”*

The answer is simple. *GOOGLE PAYS MMM*

But then, the internet-savvy guys amongst us will ask, *“But MMM doesn’t advertise Google products on their website, how then is it possible?”*

MMM leverages on Google products for almost all of its campaigns and awareness, and Google appreciate them handsomely for that. Let me itemize:

✅ MMM exclusively uses Google forms to capture the details of applicants for positions in the community, such as Guiders, consultants, promoters, advertisers etc.

✅ A staggering number of prospective guiders are trained every month across the various countries MMM is in, and they make use of almost only Google products to execute their tasks, such as Google sheets, Google slides, Google docs etc.

They kind of help Google increase the repertoire of information they can present to its users/searchers

✅ This is, perhaps, the most significant source of income for MMM

*YOUTUBE! (owned by Google)*

If you already have an account with MMM, kindly go to the News section of your account. You should notice that MMM recommends, on the average, 4 Community Development Tasks for its participants. And at least one of these tasks requires creating an awareness video. Imagine just one fourth of the over 2million participants in Nigeria alone (not considering other countries oo) executing this task!!??

That’s not all oo..

Participants are financially incentivized when they create nice video testimonials about MMM after Gotten Helped.

Now, what does MMM do with all these videos? They upload it on YouTube. You will definitely agree with me that Youtube is awash with videos about MMM. And what does Youtube do with them? They monetize it!

What does that mean? YouTube knows that MMM, being the rave of the moment will attract lots of viewers to its related videos. So they seize the opportunity to place ads in these videos so people can see them as they watch the video. So, advertisers pay YouTube for showcasing their adverts, and YouTube shares the profits with MMM.

It is these profits that are used to foot the financial implications of running MMM.

TO REGISTER KINDLY SEND ME A PRIVATE MESSAGE

*#MMM RULES*
You nailed it in my opinion. Though I'm not a big MMM player, I do buy the idea behind it. It's peer-to-peer, and that's the killer idea. If torrents that's entirely peer-to-peer survived these many years and not even any government or central body anywhere could kill it, I believe MMM will thrive.
Same concept applies to bitcoin and hundreds of other cryptos that sprang up from modifying it's source codes.
The idea is pretty simple.
Why do we need an intermediary to do many things we do? To make it clearer, if we can all send emails, text messages, whatshap etc to one another through digital means without anyone's help why can't we send money to each other through digital means as well? Obviously banks and governments around the world don't want that because that's how they make money and they really don't care about the struggling populace as long as they're making money at every individual's expense. Right, every government makes money from its populace and it's resources, but there's a problem when certain areas have dumb people presenting themselves as the leaders, milking people way smarter than them and their ancestors have ever attained. So, why not just leave those with different reasoning capabilities to do what the think is different from what they have only earned through existing soon-to-be traditional means?

On the banks and corporations, All most of those above care about is how to impress their bosses in any (pyramid) organization they all work in and the damn they ROI they're expected to report on. Let's think about it, every corporation in the world is a pyramid. The DAO tried to fix that, hired hackers killed the concept, just so folk's can keep suffering and smiling while only a few are expected to be able to fend for themselves and even prepare their unborn generations for centuries to come.

The MMM concept came around, replicating existing concepts governments and organizations have adopted for centuries, this time focusing on the masses helping one another versus having them wait on one employer to dictate their livelihoods for them, the big dogs in the traditional pyramid framework (just as expected) have a problem with that.

But really, nothing can kill the MMM concept -quote me on that anytime. The idea is already out there, folks can try to kill one MMM company, but they can't kill the idea - implying many more with a similar ideology will spring up. Nothing has killed torrents yet, cryptocurrencies based on similar peer-to-peer logic are thriving regardless of what any bank or government tried. So, why some people assume MMM is scam is still amusing, especially knowing technologies on similar ideologies lasted for almost two decades already. There's a cap to the amount of funds people can transfer to eachother, so are we saying everyone in the world will be out of money at the same time? In the case of MMM Nigeria, are we saying there will be a point when no one will ever need financial help from anyone, or no one will provide financial help to anyone at some point in time - to get help themselves in the future? That's actually impossible, the world has existed that way. Our earnings from our respective jobs adopt same process -give and take.

To kill MMM, the only possible ways to do it is just lock up everyone alive in a huge prison, or shut down the Internet, which will take everyone back to stone-age, and highly impossible. It's peer-to-peer. We can't even shake that.

Those yelling against the logic behind MMM need to ask themselves a couple of questions
1. Would you prefer working for a boss and be rewarded with salaries, bonuses, promotions, and eventually pensions (that are not guaranteed) for the rest of your lives?
2. Would you prefer to risk some funds you don't really need at the moment to have an idea of what a 'potentially' revolutionary concept is about and possibly learn a thing or two, earning in the process?
The choice is yours.

I'd advice those that have no idea of what's going on to just post anything they have to say on some Davido, Cossy type of thread. Folks that have their funds in MMM are probably more educated and smarter than them. Is it your money?

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