Russia: Financial Pyramid Founder's New Online “Project”

Profy reports that Sergei Mavrodi, who created one of the world's largest financial pyramids in the 1990s, is at it again: recently, he “[…] has decided to launch a new pyramid […] – but this time it should all take place exclusively online using electronic payment provider WebMoney that is one of the most popular tools in Runet.”

1 comment

Join the conversation

Authors, please log in »


  • All comments are reviewed by a moderator. Do not submit your comment more than once or it may be identified as spam.
  • Please treat others with respect. Comments containing hate speech, obscenity, and personal attacks will not be approved.

Receive great stories from around the world directly in your inbox.

Sign up to receive the best of Global Voices!

Submitted addresses will be confirmed by email, and used only to keep you up to date about Global Voices and our mission. See our Privacy Policy for details.

Newsletter powered by Mailchimp (Privacy Policy and Terms).

* = required field
Email Frequency

No thanks, show me the site