Sergei Mavrodi
- January 4, 2024
- Criminal
Quick Facts
Sergei Mavrodi Biography
| Name | Sergei Mavrodi |
| Birthday | Aug 11 |
| Birth Year | 1955 |
| Place Of Birth | Moscow |
| Birth Country | Russia |
| Birth Sign | Leo |
| Spouse | Elena Pavlyuchenko |
| Children(s) | Maxim Mernes |
Sergei Mavrodi is one of the most popular and richest Criminal who was born on August 11, 1955 in Moscow, Russia. A well-known con man who is famous for being the creator of the pyramid scheme firm called MMM. In 2007 the company was prosecuted for four and five time in the penal institution for fraud involving more than a thousands of investors.
The two, namely He and Bernard Madoff are both the creators of pyramid schemes, also known as “Ponzi” schemes. are both the originators of pyramid schemes. They are also called “Ponzi” schemes.
Mavrodi was born in Moscow. His mother was Jewish. His father was half Greek (therefore his name is Mavrodi), half Ukrainian. During his childhood he was diagnosed with a bilateral heart defect. Mavrodi recalled that in school he was proficient in mathematics and physics. He studied at the Moscow State Institute of Electronics and Mathematics. In 1983 he was arrested for ten days due to illegal economic activity.
In 1989 Mavrodi founded MMM. He was then imprisoned on charges of financial fraud involving MMM.
He was engaged with Elena Pavlyuchenko from 1993 to 2005.
Sergei Mavrodi Net Worth
| Net Worth | $5 Million |
| Source Of Income | Criminal |
| House | Living in own house. |
Sergei Mavrodi is one of the richest Criminal from Russia. According to our analysis, Wikipedia, Forbes & Business Insider, Sergei Mavrodi 's net worth $5 Million. (Last Update: December 11, 2023)
He was the founder of MMM in 1988, and later created various fraudulent companies, such as Stock Corporation.
The book was written by him. Temptation that was published in 2007. Seven thousand copies were released in 2008.
Sergei Panteleevich Mavrodi (Russian: Серге́й Пантеле́евич Мавро́ди ; 11 August 1955 – 26 March 2018) was a Russian financial fraudster, financial criminal and previously a deputy of the State Duma. He was the founder of the МММ, a scheme that defrauded millions of people around the globe.
Height, Weight & Body Measurements
Sergei Mavrodi height Not available right now. Sergei weight Not Known & body measurements will update soon.
Who is Sergei Mavrodi Dating?
According to our records, Sergei Mavrodi married to Elena Pavlyuchenko. As of December 1, 2023, Sergei Mavrodi’s is not dating anyone.
Relationships Record : We have no records of past relationships for Sergei Mavrodi. You may help us to build the dating records for Sergei Mavrodi!
In 2007 Sergei Mavrodi was convicted in a Russian court of defrauding 10,000 investors out of 110 million rubles ($4.3 million). Mavrodi claimed he was not the beneficiary of the donations and that he was not used to a flamboyant lifestyle. The charge of which he was later convicted was tax fraud though he claimed that the MMM scheme was not a business, but instead a mutual donation program which there is no law against. There were interviews after his release where he claimed MMM Global was behind the bitcoin price rally.
Facts & Trivia
Sergei Ranked on the list of most popular Criminal. Also ranked in the elit list of famous people born in Russia. Sergei Mavrodi celebrates birthday on August 11 of every year.
A feature film The PyraMMMid, based on the story of the same name by Mavrodi was released in Russia on 7 April 2011. The role of Sergei Mavrodi (in the film he is called Sergei Mamontov) is played by Aleksei Serebryakov.
Is MMM a pyramid scheme?
In 2015, MMM began operating in South Africa with the same business model as MMM-2011, claiming a “30% per month” return through a “social financial network”. The group was identified as a possible pyramid scheme by the National Consumer Commission and accounts of clients were later frozen by Capitec Bank.
Is Mavrodi alive?
March 26, 2018
Who owned MMM?
Native nameАкционерное общество «МММ»
Founded| 1989
Founder| Sergei Mavrodi
Defunct| 2004
Fate| Shut down by Russian police in 1994, declared bankruptcy in 1997,
reopened in 2011 as MMM Global
How long did MMM last for?
However, the success didn’t last for long. Eventually, the company was shut down in 1994 and it declared bankruptcy in 1997. Unfortunately, everything didn’t end here. After 14 years , the company reopened as “MMM Global.” Here’s where the story of MMM and Nigeria started.
Who is MMM founder?
Founders