Sergey Mavrodi is a founder and leader of the Social Financial Community MMM RETURNS. MMM is sure to be his life-work, but not the only one. Sergei Mavrodi, having a degree in mathematics, worked as a programmer and took part in the development of the first operating systems. The company he founded was one of leading computer equipment distributors in Russia. He was a Deputy of the Russian Parliament. His literary works were published and they are sold in book stores. Two of his screenplays were made into movies. His poems were turned into songs.
Sergey was born in 1955, in Moscow in a simple Soviet “middle class” family – of a worker and an economist. From his father, of Ukrainian and Greek origin, was left a memorable surname – Mavrodi. Since high school the young man showed great talent in the exact sciences was the winner of numerous physical and mathematical Olympiads, sometimes even led lessons on behalf of his teachers.
After school he entered the Moscow Institute of Electronic Engineering at the Department of Applied Mathematics, from which he graduated in 1978 with the specialization “artificial intelligence”.
Whilst in the Institute he got interested in Sambo (Russian martial art) and having a weight of 60kg became the champion in Moscow in the Open category. However, this was the end of the professional sports career as further growth demanded too much time.
Upon graduation Mavrodi worked for some time as a programmer, but then he resigned and started a simple business – trade of the audio and video recordings.
In 1989 Mavrodi founded the corporative society “MMM”, based on which then he created a few dozen of other commercial structures. The corporative society, in particular, was engaged in computer supplying, which were only at their starting point of accessing the market’s daily turnover. In 1992, the brand became universally recognizable after Mavrodi offered, several times, to all the residents of Moscow a day of free of charge travel in Metro (Moscow subway).
Since February 1994, the joint-stock company "MMM" began to issue tickets and sell them through an extensive chain of offices throughout the country. In MMM offices people were able to buy tickets and sell already bought tickets. The price which MMM bought and sold tickets for grew two times per month. It means that anyone, who had bought MMM tickets, could sell the MMM in a month for the double price and make a profit. MMM commercials were regularly on central TV channels. It caused a public excitement in the society. These tickets were not securities. There were no promises that the prices of the tickets MMM would be doubled during a month. Therefore, MMM actions were hardly a classic Ponzi scheme. Sergei Mavrodi didn’t deceive anybody and did not say that money was invested in high-yield business projects. Sergei Mavrodi planned to spend the money, accumulated in MMM, on purchasing companies to be privatized. And then he wanted to distribute these companies ' shares among MMM tickets holders. Then in Russia, shareholders would not have been a handful of super-rich oligarchs, but dozens of ordinary citizens.
In the prison Mavrodi started collecting signatures for registering as a candidate for the State Duma (Parliament) of the Russian Federation. After two months was signed in and released. Thanks to the high rating, on October 30, 1994 he was elected and became a Member of Parliament. During his election campaign Mavrodi did not keep as a secret that he goes to State Duma solely for the sake of the parliamentary immunity, and since elected as a deputy, was not present at any of its meetings. Mavrodi also refused to get a salary and use all benefits provided to the deputies.
The state needed a pretext for expelling Mavrodi from the State Duma. He was charged with taking part in business activities. And according to the Russian Constitution, Members of Parliament do not have the right to conduct business. A year later, October 6, 1995, the State Duma terminated his parliamentary powers ahead expiry.
After his discharge from prison, Mavrodi got engaged into writing activities. In 2008, was released his book “The Temptation” (other name – “Son of Lucifer”), written by him in prison. The book consists of more than 100 short stories; each describes one of the human vices. Sergei Mavrodi is the author of many philosophical, love and civil poems. Some of them are turned into songs.
On the basis of the history of the MMM-94 was shot a movie “PiraMMMida.” Sergey Mavrodi wrote the screenplay for this movie and Universal Picture was engaged in its rental.
In February 2011 Sergey Mavrodi revived MMM. This is not a company, not an organization, but a community of people. Mavrodi took account of mistakes made in 1994. Money is not kept in one place. Now in MMM there is, in principle, no money - all the money is only on participants’ accounts. MMM just connects those who want to give and receive help.
In the spring of 2011 financial analysts and experts stated that people wouldn’t transfer money, if they were not guaranteed that they would make a profit. But MMM was successfully launched. And now, for more than 5 years, the Community has been successfully developing. Now MMM unites several million participants from different countries of the world.
In January 2017 Sergey mavrodi started a unique system called MMM RETURNS with a unique idea in the plan which pays upline income from 50 global upline members without referring, and before starting he has challenged the entire global community that MMM RETURNS will create revolution very soon, and Sergey mavrodi has also confirmed that MMM RETURN is going to be his last and the best project of his lifetime. And he also assures that in this system he will have a very close look and he will be administrating the global operations.