People investing in cryptocurrency schemes must be aware of MMM Global. Not only this is eldest one, it sure is the most notorious one too. And, those knowing about MMM Global are very well aware of the Sergey Mavrodi who had his origin in Russia. He founded MMM Global in 1989. After the cryptocurrency scams started blooming, MMM Global could not keep itself any further from becoming a part of it.
Usually, the company has its operations in the third world companies and once it collapses, people start losing millions with widespread losses. Last year, Mavrodi died of a heart attack at the Russian bus stop.
But, the brand that Mavrodi established is now in the hands of other scammers who are trying to reboot the fraud making it look like the old school scam. These scammers have even gone too far in the scheme that they have attempted to make people believe that Mavrodi is still alive.
These guys have even selected the domain (mmmglobal.online) and have designed it completely alike of the old website. You can consider it a clone of the older version.
By looking at the domain registration details, it was obvious that the domain was recently registered in May 2018. However, the activity on the website is shortly noticed. According to Alexa, the top source of traffic is from India which is contributing to 28% and Myanmar which contributes to 23%.
So, the scammers could be from anywhere. They could be from India, Burma, Russia or even South Africa. The use of ZAR is the strong indication of these scammers belonging from South Africa.
Talking about the products, there is nothing else to share apart from the affiliate membership. If you wish to connect with MMM Global 2019, you must be a part of their affiliate scheme with no retailable products or services.
The membership is free. But, to enjoy the perks of full membership plan, one needs to invest a minimum of 100 ZAR paid in bitcoin.
If you are planning to join MMM Global 2019, recall what fate the older versions met. Later take the decision. You will surely change your mind.
MMM Global 2019 – The Compensation Plan
Although MMM Global 2019 is a replica of the older MMM Global started by Sergey Mavrodi, there are few differences here and there. The 100% monthly ROI is reduced to 90%. The affiliates must pay in bitcoin.
To withdraw the funds from MMM Global 2019, one must make new investment equal to the amount invested earlier.
MMM Global 2019 – Referral Commission
The admins use unilevel compensation structure to pay referral commission to the affiliates. In a unilevel structure, an affiliate is placed on the top and the personally recruited affiliates are placed directly under the recruiter.
For example, the affiliates recruited by the top affiliate are placed on level 1, directly under the top affiliate. The affiliates who are recruited by any of the level 1’s affiliates are placed on level 2, under the affiliate who recruited them and so on.
The referral commission is paid till 5th level. Amount invested by the new affiliates are used to pay the existing ones.
- Level 1: 10%
- Level 2: 5%
- Level 3: 3%
- Level 4: 2%
- Level 5: 1%
MMM Global 2019 – Reviews
Joshua M: Investors are going to lose big time. MMM Global is back to scam more people and take away money from the innocent investors. Do not invest.
Sarah: Looks like the same scam which collapsed in 2016. Better to stay away from MMM Global 2019.
The Conclusion from the above Reviews
As people have already started to become suspicious about it, it would be wise to control your excitement and to keep the cards down.
As it happens with every Ponzi Scheme, you pay and the one paid before you, steals your money. You do the same with the one joining after you. The circle goes on until there is nothing left to steal.
The company provides Marvo Points which has no value outside of the system. If the withdrawals surges and the investment become low, the affiliates are left to sulk with points parked in the back office with no use.
Those who invest early may get few bucks back. However, the majority of the affiliates will lose money in the hands of these anonymous admins.
As the recruitment will slow down, the entire scheme will collapse leaving everyone devastated. Most of the affiliates will lose life long’s savings.
So, do not be fooled by the attractive ROI plans. As soon as you will know what it is, you already would have lost a lot. MMM Global 2019 is a Ponzi Scheme as the old ones. So, stay away from this scam and save your money.