1. MMM scheme heads to India
The localized version, MMM India (Mavrodi Mondial Moneybox), has
been operating since 2011 and, according to its website, is going to pay
its depositors in September, after the calculation of referral bonuses is
complete.
“The reason being our programmers are working in ‘live mode’,” which
makes the calculation process a little slow. Please cooperate and do not
panic,” the website announced in poorly written English.
MMM’s official website states clearly that the project is a financial
pyramid, different from all others – “be it insurance companies,
pension fund or world currencies” there is just one distinct feature.
“The System MMM INDIA is purely based on honesty, openness, trust
and no guaranty basis, exactly opposite to the current system of banks,
EURO, USD etc.,” according to the website.
The way MMM operates is an exact copy of Mavrodi’s Russian
projects– people have to register in the system, buy a special Mavro
ticket and invite friends to join in to make the value of their voucher
grow.