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MMM shuts down permanently following founder Mavrodi’s Death



MMM shuts down permanently following founder Mavrodi's Death - BellaNaijaPopular Ponzi scheme MMM has announced a global shut down of all its operations.

In a statement released by the network, it was revealed that it would be unable to continue operations following the death of founder Sergey Mavrodi.

Mavrodi had died of a heart attack after he was rushed to the hospital late on March 25 with pain in his chest.

Read the statement released by MMM below:

Dear participants,

After much deliberation, we have made the conclusion that continuing the System operation, without our leader and ideological inspirer, is impossible and makes no sense. We all carried out the tasks he assigned to us, since we had no doubt in his genius and rightness of the path he had chosen. We are firmly aware of the fact that none of us has a full view of his conception’s profoundness and sequence of all the actions to achieve a final goal, declared in the “MMM’s Ideology”. Sergey Mavrodi’s broadmindedness scale is unprecedented. Therefore any attempts to continue the System operation without him are bound to fail. We respect him immeasurably and cannot afford to allow that our unskilled actions may cause profanation of his concepts.

In view of the above, with deep sadness, we have to announce the ultimate and irreversible MMM closure.

We also remind (as a matter of form) that all initially were fully aware of the risks and read the WARNING and confirmed that by checking the relevant box when registering.

Hoping for your understanding, Administration.


  1. Amaka

    April 8, 2018 at 1:03 pm

    Eeya so that’s the final end…. the money is gone for good….

  2. Deleke

    April 8, 2018 at 3:49 pm

    What will now happen to the money?

  3. Janet

    April 8, 2018 at 3:52 pm


    Identity reconstruction is very real guys…

  4. Ijebujesha

    April 8, 2018 at 5:53 pm

    Cunny man is at some island sipping henessey with owo alata and owo oniru. Yahoo-Yahoo Movaradi.

  5. Laura Dutton

    April 8, 2018 at 10:57 pm

    I hope people didn’t partake is this rubbish… Just reading that rubbish makes me laugh. Nigerians and white foreign faces.. lol

  6. Ms Tikka Masala

    April 9, 2018 at 3:25 pm

    *Laughing in Hungarian*

  7. Ekoatheist

    April 9, 2018 at 11:26 pm

    There’s a special place in Hell for this nigga. Sadly I don’t believe in Hell.

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