₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,325,149 members, 8,420,562 topics. Date: Friday, 05 June 2026 at 01:47 AM

Toggle theme

Mrkels's Posts

Nairaland ForumMrkels's ProfileMrkels's Posts

1 2 3 4 5 6 7 8 ... 11 12 13 14 15 16 17 18 19 (of 85 pages)

InvestmentRe: Advice To Those Mmm's Paying Into Accounts Tomorrow by mrkels(op): 10:56am On Jan 16, 2017
Jolaoshot:
Get a f*****g life dude!
I actually do .

Its just my humble opinion. Nothing more .

If folks on nairaland were mature they won't be ranting .

They would either take it or leave it .

That's what civilised people do .
InvestmentRe: Advice To Those Mmm's Paying Into Accounts Tomorrow by mrkels(op): 10:55am On Jan 16, 2017
rosalieene:
funny! see what joblessness has done to you. Just pity yourself, get a life and mind your fvckinq business
I can actually employ you o .
For real .

So if you searching , just pm me .
CelebritiesRe: Lady Responsile For Tonto Dikeh Marriage Crash - 2349ja.com by mrkels(op): 10:53am On Jan 16, 2017
Zceesneh:
I think all these were planned because of tonto dikeh's past, she slept with many married men so the wives of those men planned and send this hot chick to her husband
Lols that is one way to look at it
InvestmentRe: Advice To Those Mmm's Paying Into Accounts Tomorrow by mrkels(op): 10:12pm On Jan 15, 2017
History

Russia

MMM was established in 1989 by Sergei Mavrodi, his brother Vyacheslav Mavrodi, and Olga Melnikova. The name of the company was taken from the first letters of the three founders' surnames.

Initially, the company imported computers and office equipment. In January 1992, tax police accused MMM of tax evasion, leading to the collapse of MMM-bank, and causing the company to have difficulty obtaining financing to support its operations. Faced with difficulties in funding its foreign trade, the company switched to the financial sector. It offered American stocks to Russian investors, but met with little success. Later, MMM-Invest was created for the purpose of collecting vouchers during privatisation. This effort was similarly unsuccessful.

MMM created its successful Ponzi scheme in 1994. The company started attracting money from private investors, promising annual returns of up to one thousand percent. It is unclear whether a Ponzi scheme was Mavrodi's initial intention, in so far as such extravagant returns might have been possible during the Russian hyperinflation in such commerce as import-export.

MMM grew rapidly. In February 1994, the company reported dividends of 1,000%, and started an aggressive TV ad campaign. Since the shares were not quoted on any stock exchange and the company itself determined the share price, it maintained a steady price growth of thousands of percent annually, leading the public to believe its shares were a safe and profitable investment.

An important factor in the scheme's success was word of mouth, but most of the company's success came from its extremely aggressive ad campaign, which appealed to the general public by using "ordinary" characters that viewers could identify with. The most famous of them, a "folk hero" of early 1994, was Lyonya Golubkov. Another notable marketing effort was a giveaway of free Metro trips to all Moscow citizens on a particular day. MMM also was one of the first well-known companies in Russia with a logotype and slogans ("Flying from shadow to the light" and others).

At its peak the company was taking in more than 100 billion rubles (about 50 million USD) each day from the sale of its shares to the public. Thus, the cashflow turnover at the MMM central office in Moscow was so high that it could not be estimated. The management started to count money in roomfuls (1 roomful of money, 2 roomfuls of money, etc.).

Regular publication in the media of the rising MMM share price led President Boris Yeltsin to issue a decree in June 1994 prohibiting financial institutions from publicising their expected income.

The success of MMM in attracting investors led to the creation of other similar companies, including Tibet, Chara, Khoper-Invest, Selenga, Telemarket, and Germes. All of these companies were characterised by aggressive television advertising and extremely high promised rates of return. One company promised annual returns of 30,000%.[citation needed]

On July 22, 1994, the police closed the offices of MMM for tax evasion. The company attempted to continue the scheme for a few days after but soon ceased operations. At that point, Invest-Consulting, one of the company's subsidiaries, owed more than 50 billion rubles in taxes (USD 26 million), and MMM itself owed between 100 billion and 3 trillion rubles to the investors (from USD 50 million to USD 1.5 billion). In the aftermath, at least 50 investors, having lost all of their money, committed suicide.[citation needed]

Several organizations of "deceived investors" made efforts to recover their lost investments, but Sergei Mavrodi manipulated their indignation and directed it at the government. In August 1994 Mavrodi was arrested for tax evasion. However, he was soon elected to the Russian State Duma, with the support of the "deceived investors". He argued that the government, not MMM, was responsible for people losing their money, and promised to initiate a pay-back program. The amount ultimately paid back was minuscule compared to the amount owed.

In October 1995, the Duma cancelled Mavrodi's right to immunity as a deputy. In 1996, he tried to run for Russia's presidency, but most of the signatures he received were rejected. MMM declared bankruptcy on September 22, 1997.

While it was believed that Sergei Mavrodi left Russia and moved to the United States, it is possible that he stayed in Moscow, using his money to change apartments regularly and employ a group of former special agents.

Mavrodi was found and arrested in 2003. While in custody, Mavrodi was given until January 31, 2006 to read the documents in his fraud case against him (the criminal case consisted of 650 volumes, each 250-270 pages long). At the end of April 2007, Mavrodi was convicted of fraud, and given a sentence of four and a half years. Since he had already spent over four years in custody, he was released less than a month later, on May 22, 2007.

The MMM scandal led to increased regulation of the Russian stock market, but the legacy of the fraud led many to become extremely suspicious of any joint stock companies.

Stock Generation

With the help of a distant relative he started, Stock Generation Ltd., another pyramid scheme based around trading non-existent companies' stocks in a form of the "stock exchange game" on the company's site, stockgeneration.com. Despite a bold-letter warning on the main page that the site was not a real stock exchange, between 20,000 and 275,000 people, according to various estimates, fell for the promised 200% returns and lost their money. According to U.S. Securities and Exchange Commission, losses of victims were at least USD 5.5 million.


South Africa

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. In response to mounting criticism and official investigations by state authorities in 2016, supporters of the South African MMM scheme staged a protest march in Johannesburg and had started up again in late November 2016.


Nigeria

In November 2015, MMM launched a website targeting the Nigerian audience, also claiming a "30% per month" return including other acquirable bonuses. The entity was self-described as a "mutual aid fund where ordinary people help each other." 2.4 million people had signed up by late 2016, with the country's unemployed as primary targets.Nigeria's Economic and Financial Crimes Commission has confirmed that they are monitoring the scheme. On the 13th of December, MMM announced the freezing of all members' accounts due to systems overload and the negative attention brought on by the Government and mass media, leading to wide spread panic in the Nation and even attempted suicides.[ On the 14th of December, LASEMA (Lagos State Emergency Management Agency) of Lagos State pleaded with Lagosians to dial their emergency number if they spot anyone trying to commit suicide. LASEMA took this action due to the number of suicides MMM caused in Russia

Zimbabwe

In July 2015, MMM East Africa, launched subsidiary "MMM Global Zimbabwe" targeting the Zimbabwe population.MMM offered it's participants "30% per month" return on all investments. It soon became widely popular in Urban areas of Zimbabwe, The Reserve Bank of Zimbabwe warned it's citizens to stay clear of the program as it could be a fraudulent scheme. On September 2016, MMM Global Zimbabwe issued a freeze on all accounts, speculations suggest that this occurred due to a fall in number of participants. On 5 September 2016, all MMM accounts were unfrozen, and members were encouraged by MMM to continue "investing" their money, however the MMM unfreeze came with a catch; Members would get an 80% loss of their available funds should they decide to withdraw their funds.This made some participants let their funds remain in the program while others withdrew their funds to suffer an 80% loss of their money "invested". This affected 66,000 Zimbabweans and caused some economic instability.

China

In January 2016, the Chinese government banned MMM on the grounds that it is a pyramid scheme and it is not registered in the country (since a fraudulent scheme cannot be registered).
InvestmentAdvice To Those Mmm's Paying Into Accounts Tomorrow by mrkels(op): 10:00pm On Jan 15, 2017
Its your spare money - I know .

I have to mind my business - I know .

Its not my money - I know .

My opinion wont bring down the price of dollar in the market - I know .

I am Anti - MMM - I know .

I dont want you all to progress - I know .

Together you can change the world - I know



But my good people of God . I also know that if you walk into any bank to pay money into any1's account tomorrow monday morning , that money would never come back to you . this i promise you .


The only way MMM can come back to life is if The number 1 guilder Ugorji starts PH-ing his own personal money .

One guilder told me GH sometimes gets to 600M or more .

Imagine who would bring money to fill that bucket ? Me ? You ? Ugorji huh

Even if you place a gun in my head i would not put any money in the system .

Count your losses and move on .

Nigerians do it a lot , its just sad now that we are doing it to ourselves now .
InvestmentRe: MMM: How Much Has Guider Chuddy PH Since Unfreeze? by mrkels(m): 9:49pm On Jan 15, 2017
dont mind those thieves.


now if they want to revive the system they should ph their own money.


thieves..


scammers .

bastards.
CelebritiesRe: Lady Responsile For Tonto Dikeh Marriage Crash - 2349ja.com by mrkels(op): 9:00pm On Jan 15, 2017

CelebritiesLady Responsile For Tonto Dikeh Marriage Crash - 2349ja.com by mrkels(op): 8:24pm On Jan 15, 2017
Tonto Dikeh's marriage with Oladunni Olakunle Churchhill has crashed.

A few days ago, the actress dropped her husband's surname, She changed her surname back to 'Dikeh' from 'Churchill', Instagram the actress removed her husband’s name ‘Churchill on Instagram and replaced it with “C”.

Reports are coming in saying that another nigerian actress Rosaline Meurer is responsible for the whole bruhaha .

Apparently tonto's husband was having a canal sexual relationship with the hawt actress and this has caused issues with the happy couple .

Who would blame the man , Rosaline Meurer is truly hawt .


IMO .




http://2349ja.com/2017/01/15/meet-lady-responsible-for-breaking-tonto-dikehs-marriage/

NYSCRe: Rivers State Corper Drowns After Having A Hair Cut (Photos) by mrkels(m): 1:35pm On Sep 05, 2016
How is this even possible? Slipped and people were watching him??
BusinessRe: Femi Otedola And His 'Old School' Gadgets by mrkels(m): 1:09pm On Aug 31, 2016
SafeDavid:
Zuckerberg?
Yer
BusinessRe: Femi Otedola And His 'Old School' Gadgets by mrkels(m): 11:48pm On Aug 30, 2016
SafeDavid:
My mentor.grin



I've actually seen him use one of those.



I hope those arguing with me the other day sees this.

cc Mrkels
Lol...na him know...


How far? Any way of having a pep talk with mark in lag?
WebmastersRe: Mark Zuckerberg Trekking On The Streets Of Yaba + Hilarious Comment by mrkels(m): 9:40pm On Aug 30, 2016
No security personnel, no police, nothing...


If that was a common LGA chairman.....


The siren no go be here.
CelebritiesRe: Simi In Adorable Photo With 2baba by mrkels(m): 8:45pm On Aug 15, 2016
Define adorable?

Maybe I lost track of the meaning.

This is just a "picture"
WebmastersRe: What's The Best Forum Software For Wordpress? by mrkels(m): 7:56am On Aug 14, 2016
Good people how can I get 500k genuine traffic daily?
Car TalkRe: BMW 750i Xdrive Was Spotted In Lagos by mrkels(m): 9:56pm On Jul 21, 2016
Some people self!
RomanceRe: Girl Exposes Sterling Bank Staff Who Threatened Her 'cos She Dumped Him by mrkels(m): 4:36pm On Jul 03, 2016
This girl did something to th boy.

No man can be this mad because of a pussssssy.

Something is no right here and honestly, I really do not care much.
FamilyRe: Advice: After Two Wasted Years, I Want Divorce Now by mrkels(m): 12:27am On Jun 15, 2016
........And move on.


Good luck.
FamilyRe: Advice: After Two Wasted Years, I Want Divorce Now by mrkels(m): 12:27am On Jun 15, 2016
Lawyers are useless sets of individuals.

They ll advise you wrongly and tear your family apart.

Your case is a strange one really but. I cannot draw conclusions here because I know I am not hearing the whole story. There are many other factors affecting this relationship with your hubby. Try to figure them out and work on them with patience and all honesty. Try that for the next 1 or 2 yrs till you get more independent of him. If he doesn't change and things don't get better, hire that lawyer to come and destroy it all.
Car TalkRe: Convertible Cars, Safe Or Not? by mrkels(m): 7:53pm On Apr 10, 2016
Not safe. Not in this regard, and not in an accident scene rio. There's this video of a convertible accident I watched, the car somersaulted and the niggi fell off on his neck smashing his neck on the hard ground.

Crazy sight.
Car TalkLucky Chap, Saved By Reducing Speed Limit by mrkels(op): 10:16am On Apr 07, 2016
So last night I saw a video on facebook posted by 332, a page dedicated to cars, thug poower, speed and every other car related accidents and features. It seemed very educating and interesting as I viewed over 14 videos on that page.
From there I went to youtube and started searching for horrible crashes in real life situations and I was just learning from it, it was also very hilarious especially when you see these bikers speed so much and then try to brake when they sense danger and a head on collision. It also contained some scenes that I wouldn't advice you to watch.

To cut the long story short, I slept off and woke up this morning just like every other morning, LATE. (Don't blame me, it's the kind of job I have, get up very early and go home very late) And as usual I rushed to have a bath, got ready and started my journey that almost took me to my maker.

On the mini express just before express junction in Udu where I was speeding with my colleague and jamming olamide's Igara chicken , I wanted to overtake someone and the next thing I saw was my bonnet almost smashing my windscreen, my colleague immediately ducked because he wasn't watching, people around were already sympathising as if we were going to die . Lucky for me I have been In stress like situations before and I know the best thing to do at that moment is to remain calm and that was how I was able to bring my car to a complete halt without causing any other major damage. Apparently after checking for oil and water this morning I didn't lock the bonnet properly.

Now when I go to work on that particular express I always try to march the throttle to the end, I have always been a fan of fast and furious and I always get excited when am on that road because its so smooth and also I just got this car last month so the engine, shocks, everything is also so smooth unlike the Ml I was using before. What really saved me today was those videos I watched yesterday and just when I wanted to increase my speed, I remembered that video, I then removed my leg a little from the throttle and gbam, my bonnet was coming onto us like an army set in battle array.

I just want to say here today that over speeding is not good and under no circumstance should you go above the speed limit stated for the road, it might just save your life and give you another fighting chance in this world with your friends and loved ones.
RomanceRe: How A White Girl And A Nigerian Girl Ask For Sex by mrkels(m): 8:54pm On Apr 03, 2016
R u around? I'm close to your house somewhere near my chhurch... etc
RomanceRe: Lady Agrees To Travel To Dubai To Have Anal Sex With HIV Positive Client(Pics) by mrkels(m): 1:28pm On Mar 27, 2016
Her friend, the one she wants. To go wiith is a Nigerian.


Girls. See your life now?

15k usd. Chai.

I'm speechless. Isn't this a crime? Soliciting for funds for sex?
NYSCRe: How Corper Is Changing Lives In Abia Community (Photos) by mrkels(m): 9:32pm On Mar 23, 2016
I ll love to be a stake holder.

Hit me on 0815 865 9034 .
PhonesRe: Is The Blackberry10 Most Secured Security Pattern For Mobile Phone? by mrkels(m): 12:19pm On Feb 13, 2016
oluwafreshkid:
Take a screen shot of ur lock screen 7 times, and I'll tell u wat ur lock code is
Just unlock it once in front of me and in 3 tries or less I ll get the unlock pattern.

The stuff is so easy and people marvel whenever I unlock theirs.
AutosRe: 2007 Lexus Is250 in phc now , For Quick Sale by mrkels(m): 6:40pm On Feb 11, 2016
1m?
AutosRe: Toks 08 GL450 Benz,toks C300 Benz 08,reg Accord 08,reg Ford Edge 08 by mrkels(m): 6:39pm On Feb 11, 2016
1.5 for the ford ?
Nairaland GeneralRe: PHOTO: Who Knows This Accident Victim From Anambra by mrkels(m): 9:56pm On Feb 07, 2016
That's some young man's life cut short.

Sad. And to think the families would be having hope that their son would return home safe and sound?

Why do bad things happenhuh

Mtcheeew
CrimeRe: Popular Lagos Yahoo Boy, H-money Sentenced To 24 Years In Jail by mrkels(m): 10:10pm On Jan 28, 2016
DONFASZY:
dedicated to yahoo boiz loaded in club royale....the place....liquid lounge....cos I fil intimidated wen am buyin masef drinks wit my own hard earn moni I suffer 4....no hard feelings...I go close eye buy 1 bottle of spirit for N12k n as I dey form say I don spend moni foolishly...na so one 17yr of boy go oda drinks...music go stop wey I bin dey dance....him bill wil b displaced...N985k...jezz...most times...I dey laugh wit shame....I bin dey do legal...

jus joking...no fight
Bros that one small, enter Quilox u ll see one small boy with slippers self with a total bill of 3million for just one night
CrimeRe: Popular Lagos Yahoo Boy, H-money Sentenced To 24 Years In Jail by mrkels(m): 10:08pm On Jan 28, 2016
Baddest.

It's a good thing he's been caught though
AutosRe: Clean Registered Ml430 Benz @700k by mrkels(m): 6:37pm On Jan 25, 2016
This car still available ?
CareerRe: Diamond Bank PLC: Annual Tsunami by mrkels(m): 12:46pm On Jan 18, 2016
naijaboy756:
the worst part of the wickedness is he wasn't paid a kobo after about 4 years of service
U sabi lie o nigger

1 2 3 4 5 6 7 8 ... 11 12 13 14 15 16 17 18 19 (of 85 pages)