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Sergei Mavrodi was a Russian financier notorious for founding MMM, one of the largest Ponzi schemes in history, during the chaotic post-Soviet 1990s. Promising enormous returns, MMM attracted millions of Russians who invested their life savings, only to face devastating losses when the scheme collapsed in 1994. Although arrested and convicted of fraud, Mavrodi remained unrepentant, reviving MMM in various countries after his release. His actions left a lasting impact on Russia’s financial landscape, making MMM a symbol of both economic hardship and the dangers of unregulated investment schemes. Mavrodi died in 2018, remembered as a controversial and cautionary figure.
Country...............................
Russia
Face Value..........................
10 Biletov
Quality................................
New, UNC
Year....................................
1994 - 1997
Printer................................
Private
Composition.......................
Paper
Dimensions (mm)................
150 x 70
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