Sergey Mavrodi Biography

Sergey Mavrodi: The Founder of MMM

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!”

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Benefits of MMM to Nigerian Society.
(1) MMM has created room for more Data Plan purchase. Glo. MTN. Etisalat. Airtel.

(2) MMM has also created an avenue for Banks to make more money. The transfer we the MMM members do with our mobile banking and also direct payment in bank. We are been charged #105 as the case maybe. For each transfer. So you see that banks are benefiting.

(3) MMM members buy things in the market very often. The market woman are able to sale their food stuff. Even Fast Food, Restaurant are booming all because of MMM.

(4) MMM has also educated the society and its member through Seminars. Let people know that one most not suffer so much to get paid. Creating avenue for people to learn computer, To be able to P.H and G.H.

(5) MMM has Crown it all by giving back to the same society that Benefits from it. Example are Charity organization are been set up. Orphanage home visitation. Taking care of Burnt Victims. Just to mentioned but few.

(6) MMM has been able to engage the minds of young and the unemployed, and has given them courage to withstand this harsh period of recession.

(7) For the civil servants’ in this period of delayed salaries payment, MMM system has sustained them and has never delayed payment nor owed.

(8) for Nigerian students of Tertiary institutions MMM has been able to provide them feeding money, pocket money, money for book,school materials and even tuition etc. Thereby helping them to have better college life.

(9) MMM has been able to bridge the gap between the upper and lower class individuals of the Nigerian society by creating an avenue for everyone to meet basic needs.

(10) reduction of cyber crimes. MMM has motivated Nigerian citizens that instead of defrauding pple online to make money that they should Rather PH and GH and that way no one is hurt.

(11) MMM has further enhance fairness, care and national unity. In the spirit if PH and GH we do not choose ourselves who to help but the system does’ that way encourages to help our fellow country men/women.

(12) MMM has helped Nigerians to be conscious, and thereby killed dat spirit of africa man time. As d system has shown us dat time is of essence.@ ph & GH.
The list can go on as d benefits are enormous and cannot be over emphasized.

Therefore the SEC and FG we do not need to fight the system that is helping us in several ways. Is like biting the finger that feeds u. If u haven’t benefited directly’ certainly u know someone that has. MMM has come to stay. MMM Is d change we need, Truly MMM pays. Together we can change the World.
Pls share until it changes someone’s ideology.

FOR THOSE ASKING HOW MMM MAKES THEIR MONEY SINCE IT’S NOT AN INVESTMENT…

Mr Mavrodi is a philanthropist who love helping people.
It will also interest you to know that Sergey Mavrodi is a firm writer, who has won numerous award apart from been a wealthy man/ philanthropist, he is a Prof of Mathematics amidst other businesses.
The aim of MMM is to help become become financially free. Apart from regular PH & GH, MMM get is money from just a click to view the websites & mind you we have MMM in over 120 countries. So just look at the traffic the site attract…

However, MMM is been paid for visiting the site everyday.

What he tend to achieve through MMM is to distribute  wealth across the globe so that we all can share from is wealth

To Join MMM Today Call +2348062753190 or Whatsapp +2348144325995.

FACT ABOUT MMM NIGERIA THAT NOBODY WANTS YOU TO KNOW

MMM Russia has a dark untold history, it is easy to assume that the darkness was created by the founder(s) of MMM; however a deeper search reveals that there is a grand conspiracy that attempts to eliminate MMM and every other idea that tries to democratize luck.

MMM was conceived twenty seven years ago, for close to three decades, MMM’s failures have always been perpetrated by a class of people – the ruling class. I sought to understand why anyone will want to close down a community which claims to connect its participants to each other so that they can help each other.

Over the years, the answer has changed. In the 1990s, the popular answer was the founders kept all participants’ money and they could run with the money since government doesn’t monitor them. The early 2000s had a different answer; the popular opinion was the money was kept by guiders (participants who attend MMM school so that they can become leaders). There was fear that the guiders could run away with the money. The 2010s has a new answer, the answer is unclear. There is no logic to the answer. The answer is simple yet complex. The MMM critics of the 2010s believe even though MMM doesn’t collect money from its participants, MMM is still a scam. In the 2010s, MMM participants pay money to each other’s bank account. The money is in the bank, safe and secure. Or is there something deeper. Read on…

How and why did participants lose money in the 1990s? Russian government came one day with seventeen black vans to take all the billions of people’s monies with MMM (monies were kept in their head office) and they arrested its founder for tax invasion (not fraud). This happened in the presence of MMM participants, little wonder, the same MMM participated voted in millions to ensure MMM’s founder becomes a member of the Russian parliament. Mr Sergey Mavrodi’s (founder of MMM) victory at the polls was his ticket out of jail. Why did the story end badly for some participants? It is reported that some committed suicide because their money was taken. This was not them reacting to the man who was trying to make them financially free in a communist Russia, it was them reacting to a government that took all their monies away.

The major source of news about MMM is Wikipedia. Wikipedia’s founder is a wanted man in the United States of America and so many countries, he is in hiding; He unapologetically published personal mails allegedly hacked by Russia to influence an American election. Wikipedia has destroyed a lot of lives with its half truths and one sided stories. I find it hard to believe that we will trust Wikipedia without listening to the other party.

The prevalent question in my mind is why is the ruling class using its weapon (power, media and money) portraying MMM as a scam since MMM doesn’t collect money from its participants. It is like saying Facebook Inc. is a scam. Facebook cannot scam you (as a user) because facebook doesn’t collect money from you. You sign up for free. In the same light, participants sign up to MMM for free. MMM simply connects the participants to each other. The question is why? Zuckerberg was connecting us to old friends when he didn’t even know how Facebook will make profit, why? He said he wanted to create a more open and connected world. Mavrodi also claims he wants to create a fairer world, a fairer financial system.

We agree that MMM has never collected money from its participants since 1994, so why is it regarded as a scam. Critics say the system is not sustainable and at some point, it will crash. They say at some point, there will not be enough people to “provide help (an MMM term meaning donate money)” to those who want to “Get Help (an MMM term meaning receive money)”. To receive money, you must have previously donated or referred someone to join the community.

After reviewing their point, I believe what critics mean to say is; MMM is not a scam but MMM is not sustainable. At this point, there is no way MMM can use any fraudulent way to collect money from its participants, therefore I can say MMM is not a scam. If MMM opened a bank account, it would be frozen so there is no chance. MMM is not a scam but is MMM sustainable?

One thing I have learnt from the critics of MMM is their method of proving they are right. Their method is similar to what I saw in a movie. A lady wanted to proof her brother’s wife was a thief, so the lady stole an item and kept it in her brother’s wife purse. I began to wonder who the thief is. The World Bank and a lot of global organizations claim their goal is to reduce global extreme poverty yet they pay a lot of lip service to the pursuit of this noble goal.

They neglect the ideas that can truly reduce poverty and spend more time pursuing the policies of their sponsors (big global banks and individuals). Most critics of MMM will share untrue stories about MMM (like the MMM crash in Lagos or Zimbabwe) and do anything (it is amazing) to ensure the crash they had predicted eventually happens. They remind me of the woman in the movie. It is a dirty fight and I think MMM participants are not doing enough to share the light of what MMM is doing for them.

We have come to a conclusion that MMM is not a scam but we haven’t agreed it is sustainable. To understand its sustainability or un-sustainability, let’s do the scam test. If MMM fails today, who wins? No one wins emotionally but those who have gotten help win financially and those who have provided help lose financially. The MMM brand becomes worse and its founders will be cursed. So its founders don’t gain financially. It is some participants that gain financially and some participants lose financially. When I understood this truth, I stopped calling MMM a scam. I then wondered why Mr Sergey Mavrodi will keep punishing himself, his name, risking jail term or worse for a system that is not sustainable.

I wanted to understand his mind so I read his books (available on amazon), articles, saw his movie about MMM 94 (self sponsored by Mr Mavrodi with major actors from Russia and Hollywood. Available for free on Youtube and MMM website). I discovered he had one goal and I put it simply; Mr Sergey Mavrodi’s goal is to “democratize luck”. Henry Ford wanted to democratize cars and ensure it is affordable so that every hardworking person can buy one. Tony Elumelu wanted to institutionalize luck so he created The Tony Elumelu Foundation giving no-strings attached grants to 10,000 entrepreneurs within 10years. So many other people have big dreams such as this, to eliminate global poverty. Mr Sergey Mavrodi wants people to work not because they need money but because they enjoy the job, this way our school teachers by destiny won’t end up as bankers because of money – working hard at a job they hate. If money wasn’t king, people will do jobs they love and do it will the spirit of excellence. If Michael Jackson grew up in Nigeria, we would have ended up in ajegunle struggling. America doesn’t need Sergey’s MMM because they have their own version and the live their version, popularly called the American Dream. This dream helped Bill Gates sit down in meetings with IBM executives, get a loan of $1millions and more. In Africa and other third world nations, there is no dream for the people. There is pain, tears and sorrow. The big question is will this amazing dream of Mavrodi work with the MMM system?

The only way to know is to ask what the system itself is. It is participants donating money to each other and getting 30% reward. It is based on the principle that we don’t all need money at the same time. To understand it better, let us assume there are five people in MMM, Mr A, B, C, D and E. Mr A donates 10, 000 to Mr E (who has previously donated) Mr E uses the money to settle an urgent bill. Mr B donates to Mr A. Mr C donates to Mr B. Mr D donates to Mr C. Mr E gets his salary of 100,000, pledges to donate 15,000 and donates it to Mr D. Money is just moving round to settle debts, bills and create new value. The population the banks will never look at have found a new way to get the money they need without having to collect any loans. If they continue using their bank accounts, the banks will keep winning because of the fast movement of money leads to more bank charges. No new money is created so inflation is not created. No excess money will be in the economy. In essence, everyone wins.

The system can be sustained if everyone comes together to make it work. The banking system will fail if we all withdraw our money at the same time (bank run). Insurance companies will die if all but one person refuses to pay premiums; they will be unable to pay the person in case of any accident or loss.

MMM is good for Africa, it doesn’t compete with the banks because banks already do not loan money to the majority. The loans go to the 10% who have collateral which is good for banking. With MMM more people will open bank accounts (since MMM participants relate with their bank account) and banks will reach the unbanked. We need to get more Nigerians into the banking system. MMM has also helped banks promote their online and USSD banking platforms. MMM has helped entrepreneurs source for money for their ideas within a realistic time. MMM has inspired participants to spend more in a recession. This is keeping a lot of big and small businesses afloat. If you see anyone buying cars, houses or valuables in today’s Nigeria, they are probably involved in businesses where they earn in foreign currencies, extremely rich or engaged in … you guessed right – MMM.

This is good for everyone. The stock market can bounce back on the MMM wave as people become more confident to diversify. Nigerians are in positive spirit because of MMM. People who couldn’t pay school fees paid with ease. People eat better and live better. Over one million Nigerians engaged in MMM have positive story to tell.
After my research, I asked myself. Would I be the lady who wanted to proof her sister in-law is a thief so she stole and kept it in her sister in-laws bag or will I be the person who will find out if truly her sister-in-law is a thief and when I find her innocent, declare her to be innocent. My choice is clear.

I asked a member of the ruling class who instructed his human resource unit to send a mail warning all members of staff not to participate in MMM why he is anti-MMM. He said if they continue with MMM, one day, the might resign and see no need to work. I said really? So because you are a multi-millionaire, your kids won’t work? He then voiced his real concern. They will be financially free and won’t take his excesses anymore since they can start their own business or resign and not suffer while they search for a better working environment.

#JOHNNYBCARES #MMMNigeriaIsReal

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source.... olasconceptz.com.ng/