CBEX Ponzi and ‘Miracle Money’, By Olusegun Adeniyi
Long before the late Sergei Mavrodi arrived on the Nigerian financial scene in November 2015 with his MMM pyramid scheme, his reputation as an international fraudster preceded him. As far back as 2007, Mavrodi had been convicted in Russia for defrauding 10,000 investors. But somehow, he survived brushes with the law over sharp practices to go global with […]
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