Russian Bernie Madoff Pushes A New Pyramid Scheme

Thursday, January 13, 2011 20:40
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Russian Bernie Madoff Pushes A New Pyramid Scheme

Authorities say they are unable to tackle notorious conman Sergei Mavrodi’s new MMM pyramid scheme, but experts believe investors will not be fooled twice.

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In a video on his website Mavrodi promised returns of 20% for most investors and 30% for pensioners and disabled people.

 

If you're wondering about how wild and corrupt Russian business, look at this story.

 

 

 

 

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