The company cheated millions of people out of billions of dollars in the form of pyramid schemes, and finally went bankrupt at 1997, and Mavrodi was jailed. But after he was released from prison in 2007, he went to India, South Africa, Indonesia and other countries, so he continued to cheat.
20 16, 16, the central bank and other four ministries and commissions issued tips to remind the general public to guard against the risk of "financial mutual assistance" and to guard against the loss of interests. The prompt information shows that recently, online investment platforms such as "MMM Financial Mutual Aid Community" under the banner of "financial mutual aid" have appeared frequently, and many investors have participated in it. This kind of platform takes high income as bait, attracts the general public to participate in investing funds or developing personnel, disrupts the financial market order, harms the public interests, and has great risks and hidden dangers.
The central bank and other four ministries and commissions reminded the public that this operation mode violates the law of value, and the investment risk is huge, and the capital operation cannot be maintained for a long time. Once the capital chain breaks, investors will face serious losses. According to the relevant regulations, participation in illegal fund-raising is not protected by law, and you are at your own risk and responsibility; It is illegal to participate in pyramid schemes and will bear corresponding responsibilities according to law. Please ask the general public to effectively raise their risk awareness and legal awareness, recognize the fraudulent nature of relevant platforms, consciously resist participation, not covet illegal profits, and safeguard their own property safety. At the same time, clues of illegal crimes can be reflected to relevant departments in a timely manner.