Sergei Mavrodi

Birthday
11, 1955
Birthplace
Russia
Death Date
Mar 26, 2018 (62)
Birth Sign
Leo
Birthday
11, 1955
Birthplace
Russia
Death Date
Mar 26, 2018 (62)

About

Infamous con man known for being the founder of the pyramid scheme company known as MMM. In 2007, he was sentenced to four and a half years in a penal colony for defrauding more than then thousand investors.

Before Fame

He originally founded MMM in 1988 and created other fraudulent companies, including Stock Corporation.

Trivia

He wrote the book Temptation, of which seven thousand copies were published, in 2008.

Family Life

He was married to Elena Pavlyuchenko from 1993 to 2005.

Associated With

He and Bernard Madoff are both the creators of pyramid schemes, also known as "Ponzi" schemes.