What is sergey mawrodi?

Sergey Mavrodi was a Russian businessman and convicted fraudster. He is best known for founding the Ponzi scheme MMM in the early 1990s, which promised high returns on investments and quickly attracted millions of participants. However, in 1994, the scheme collapsed, causing huge financial losses for many people.

Mavrodi was arrested and sentenced to prison for his role in the Ponzi scheme, but he continued to be involved in various dubious financial activities. He attempted to revive the MMM scheme multiple times, leading to further legal troubles.

Mavrodi passed away in 2018 at the age of 62 due to a heart attack. Despite his controversial and fraudulent past, he left a lasting impact on the financial world and is remembered as one of the most notorious con artists in modern history.