[CNDSN11 9] (Russian Economic Review), the Russian economic review noted that in recent days, the number of friends, public number and other media, a new 3M fraud. Why 20 years ago a scam and repeat the stock tricks? Why is a fraud by many prisoners are still wanted to cheat? Why Chinese investors do not learn the lessons of the blood of millions of Russian citizens? Why do people always believe in miracles? Russian Economic Review for the majority of readers to unlock the 3M's blockbuster scam.

3M scam past life

MMM cooperative was established in 1989, based on the establishment of dozens of Business Companies, including MMM company. In the last century 90's MMM company in Russia has established a notorious "financial Pyramid", the trap of the 15000000 people in Russia has suffered huge losses.

MMM company was initially sold at the time of the highly profitable computer and office equipment, in the last century ninety 's companies began to raise money and make high interest rates. At that time, almost all of Russia's media have published the MMM company's fund-raising advertising, Mafu Rocky's name and MMM company's name in the media has become a keyword. One time, MMM company in Russia, Mafu Rocky became a central figure in the eyes of the Russian people. MMM, a large number of branches of the major cities in Russia to sell shares, in 1994 the company's commitment to invest $100 to MMM companies, they can recover within six months of $500, the annual return rate of 400%. In the powerful propaganda and high returns to lure, people believe that as long as the purchase of MMM shares will be able to get rich. MMM's stock was snapped up.

By June 1994, MMM company's stock price rose 36.5 times per share, up to 37500. Only half a year time, "pyramid" style MMM company by virtue of a stock investment return of the program, absorb the funds of hundreds of billions of rubles, with agencies in more than 60 cities, half of the trading turnover gold accounted for the Russian trading turnover gold, every day to sell shares to get the income of 400 million rubles. July 22, 1994, the Russian government suddenly announced that the government's commitment to the MMM company's annual return rate of 400% skeptical, the government does not guarantee the security of MMM companies. So far, investors realized the alluring promise of but is a kind of deception, confidence shaken, stop investing, demand for payment, the pyramid collapsed, mmm company ended up in bankruptcy, the investor's money lose everything.

Mafu Rocky himself was the Russian authorities filed a number of lawsuits, December 17, 1997, Sergei. The groom Ralph was wanted in Russia. A year later is wanted by the international. The suspects disappear from the scene in 5 years. Until the winter of 2003 has been no news about him. There are rumors that he has been in Greece or a country in northern Europe, but later confirmed that Mafu Rocky has never left Moscow, but did not leave the Russian border. In January 31, 2003, Mafu Love was arrested in Moscow. According to his own account, he had established a financial trading platform Generation Stock (SG) in the Internet before the arrest, and later due to a large number of platforms to deal with payment delays and was closed. Since 2003, Mafu Love has been repeatedly prosecuted by the state. January 27, 2004 due to the tax issue is being prosecuted, in February 3rd because of alleged fraud prosecution, in March 2006 because of the deception of the people's property to be prosecuted. In 2007 May, Mafu Love more crimes, has been in prison, was released in May.

Mafu Love was released from prison after continue to make trouble, "Pyramid financial building in many countries". Successively in the implementation of MMM-2011 and MMM-20122012 in Belarus in April, the police prosecution, charges are suspected of illegal business activities. In 2015 there are 14 suspects were involved in the MMM-2011 project Belarus authorities sentenced to 4-5 years in prison. In May 21, 2012, Moldova national bank froze the hundreds of accounts in the MMM-2011 program. 4 in Moldova to the hospital to check on the Mafu Rocky to place a case on file for investigation, suspected him of illegal business activities and financial activities without a license. Moldova government has repeatedly prohibited the MMM-2011 advertising communication, the country's central bank stressed MMM-2011/ has more than more than 2012 project is illegal. July 2012 Russia's Moscow Ministry of internal affairs of the MMM-2011 filed a criminal procedure, there is evidence that the project is suspected of huge fraud.