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Interesting facts about the MMM (10 photos)
The name of the company was the abbreviation of the initial letters of the names of its founders Sergey Mavrodi, his brother Vyacheslav Mavrodi and Olga Melnikova.
Although formally tickets MMM securities were not, they had all the necessary degree of protection (watermark and so on.) And published in the same factories as the US dollar.
At first, all was going Mavrodi not print any tickets, but simply to paint dollars in the red. "Why spend money on print, when the US government has printed all for me? Green dollar - the usual red - my. No violations of the law is not here. The dollar is not a dollar ceases to be what it painted? Do you want to go to the store and merchandised his red dollar at par, and you want - come to me to the point and change it there for a hundred green. Business master "- S. Mavrodi.
Ticket prices and shares of MMM established himself Mavrodi. Prices for changed twice a week, on Tuesdays and Thursdays. These prices are published in almost all newspapers were announced on the radio and on TV (for publicity). Usually only grew (approximate growth rate of 100% per month).
For six months of work (until August 4, 1994 - the date of arrest Mavrodi) prices have increased 127 times and the number of contributors, according to various estimates, reached 10 to 15 million people. Money does not have time to count, and they were considered by eye, bathrooms. According to various estimates, in Moscow alone Mavrodi then earned about $ 50 million a day.
August 4, 1994 the staff of the Moscow department of the tax inspection with the help of riot police stormed the central office of MMM at the Warsaw highway. All financial records and accounts of the company were seized. There were witnesses who say (and this is confirmed in court under oath) that the back door seventeen KAMAZ taken office with all the cash.
In 1996, Mavrodi announced his candidacy for president of Russia, but the CEC rejected almost all of them submitted signature.
The success of the MMM has caused the emergence of some 1,700 other pyramid schemes, in particular, such as "Hopper-Invest", "Russian House Selenga", "Vlastiliny", "Telemarket", "Hermes-finance", "Tibet", "Russian property" "Rosich" Regional Pension Fund "North" and so on. n.
The protagonist commercials MMM Lenya Golubkov was the 1994 "Man of the Year", with ahead in this rating by as much as ten points to Russian President Boris Yeltsin.
In 1992, MMM has done several times a day free travel on the Moscow metro.
Although formally tickets MMM securities were not, they had all the necessary degree of protection (watermark and so on.) And published in the same factories as the US dollar.
At first, all was going Mavrodi not print any tickets, but simply to paint dollars in the red. "Why spend money on print, when the US government has printed all for me? Green dollar - the usual red - my. No violations of the law is not here. The dollar is not a dollar ceases to be what it painted? Do you want to go to the store and merchandised his red dollar at par, and you want - come to me to the point and change it there for a hundred green. Business master "- S. Mavrodi.
Ticket prices and shares of MMM established himself Mavrodi. Prices for changed twice a week, on Tuesdays and Thursdays. These prices are published in almost all newspapers were announced on the radio and on TV (for publicity). Usually only grew (approximate growth rate of 100% per month).
For six months of work (until August 4, 1994 - the date of arrest Mavrodi) prices have increased 127 times and the number of contributors, according to various estimates, reached 10 to 15 million people. Money does not have time to count, and they were considered by eye, bathrooms. According to various estimates, in Moscow alone Mavrodi then earned about $ 50 million a day.
August 4, 1994 the staff of the Moscow department of the tax inspection with the help of riot police stormed the central office of MMM at the Warsaw highway. All financial records and accounts of the company were seized. There were witnesses who say (and this is confirmed in court under oath) that the back door seventeen KAMAZ taken office with all the cash.
In 1996, Mavrodi announced his candidacy for president of Russia, but the CEC rejected almost all of them submitted signature.
The success of the MMM has caused the emergence of some 1,700 other pyramid schemes, in particular, such as "Hopper-Invest", "Russian House Selenga", "Vlastiliny", "Telemarket", "Hermes-finance", "Tibet", "Russian property" "Rosich" Regional Pension Fund "North" and so on. n.
The protagonist commercials MMM Lenya Golubkov was the 1994 "Man of the Year", with ahead in this rating by as much as ten points to Russian President Boris Yeltsin.
In 1992, MMM has done several times a day free travel on the Moscow metro.
