MMM China collapses, govt issues warning

In an effort to dupe investors into thinking the scheme is run locally, Sergey Mavrodi has set up local chapters of his MMM Global Ponzi scheme. Localized versions see the country name they operate in prefixed with “MMM” (MMM South Africa, MMM Egypt etc.). The more prominent of MMM Global’s localized chapters is MMM China, [Continue reading...] Source: MMM China collapses, govt issues warning

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