I was surprised when I came across MMM Returns, the latest of the MMM schemes. I reviewed MMM BTC a while ago, and after all their other failures, I hoped it would be the last we saw of MMM.
Well, it looks like they’re back with yet another scheme! In this review, you will find out if this is any better than their previous programs.
Product: MMM Returns
Overall Ranking: 20 out of 100 or 1/5 stars
Price: minimum investment of 0.05 to a maximum of 1 BTC (Bitcoin)
Owner: Sergey Mavrodi
Website: mmmreturns.com
Background
MMM Returns was started in February 2017, and apparently, after just one month, they are already active in 46 countries. Another scheme with more promises from Sergey Mavrodi, a convicted fraudster, promising to set you free financially.
He also says that this scheme will keep going until at least 10 years or perhaps until 2030.
I operated MMM Global for 5 years successfully; now MMMReturns will be for the next 10 years vision 2030, I promise you mark my words: Sergey Mavrodi
After all his other Ponzi schemes that have come and gone can you really believe him?
I don’t think Mr. Mavrodi can say how long MMM Returns will keep going. It all depends on governments tolerating the scheme and most of all, whether they keep attracting new members.
For more information on Sergey Mavrodi and another MMM scheme, read this post.
Previous MMM schemes have failed in all countries due to governments taking action or issuing warnings and the number of new members drying up. When these schemes were going well, you could get paid within a few days. But then, as there were fewer new members, the period was extended to 10 or 14 days, and so on, until the schemes collapsed.
According to Sergey Mavrodi, 90% of people who joined MMM in the past made money, and 10% did not. On the face of it, you may think this sounds okay, but the figures aren’t verifiable.
Imagine that you were one of the 10%. You had invested money you couldn’t afford to lose, how would you feel? With some of the earlier MMM Ponzis, people committed suicide after losing their money. Does it still sound reasonable?
What Is MMM Returns?
As with the other MMM schemes, there is no product or service. You deposit bitcoins into your account, and then you get paid 3% daily profit for 50 days (150%).
In addition, there is also a compensation plan so it pays you to sign up referrals.
Who Is This For?
This isn’t something that I recommend getting involved with. If you do want to give this a try, you should only invest money you can afford to lose. You can join this scheme from anywhere in the world, but you should be aware that Ponzi schemes are illegal in many countries.
If you actively promote the scheme to entice new members, although you probably won’t get prosecuted, it doesn’t make you much better than the owners.
How This Scheme Works
You sign up, providing your personal details and your Bitcoin account address. Then you make your deposit from a minimum of 0.05 BTC to a maximum of 1 BTC.
To start earning the daily income, you have to complete your daily task. You can also take part in the referral program once you have active deposits.
You can withdraw your earnings every day. There is a minimum withdrawal limit of 0.01 BTC and no maximum limit.
The video below is meant to be a “how to start” video. There’s lots of hype, lots of Sergey Mavrodi but very little about how to start!
MMM Returns Compensation Plan
There are 4 ways of earning with MMM Returns:
1. 3% daily
After making your deposit to receive the 3% daily, you have to complete a simple task. This takes a few seconds; you will have to post a link to MMM Returns on your Facebook page. The idea is that this will help grow the community, so there are always new members coming in.
You earn the 3% daily for 50 days.
2. 50 upline members income
You can earn 0.5% of the income from 50 members who joined before you. The more they earn, the more you will get paid.
One point to note when you join, you get 10 members assigned to your upline. Then when you introduce your first referral, you get another 15, making 25. You introduce another referral, and you get the other 25.
So to get the full benefit of this, you will have to introduce 2 referrals. If you don’t want to refer anyone, you will still receive 0.5% income from 10 members.
3. Referral commissions
You can earn commission on your own referrals (level 1).
If your level 1 affiliates recruit new members, they are placed on level 2. Then the level 2 affiliates recruit new members, they are placed on level 3, etcetera to an infinite number of levels.
You receive commissions based on the different levels, as you can see.
4. 5% binary matching income
A binary structure places the affiliate at the top. This article explains the ins and outs of a binary compensation plan. The first level is split into left and right.
Subsequently, 2 members are placed under each member, and there is no limit on the number of levels.
MMM adds the total of newly invested bitcoins on both legs of the binary plan. A 5% commission is paid on the matched investment.
For example, if the left side of the binary plan invests 10 BTCs and the right side invests 20 BTCs, you will only receive 5% of 10 BTCs or 0.5 BTC.
The amount you can earn from referral commissions and matched income is capped at 5 Bitcoins.
My Final Opinion
It’s still early days for MMM Returns, but it’s clear that this isn’t sustainable. The 3% interest on your investment and the other affiliate commissions are all funded by the new members.
Mr. Mavrodi says the scheme will be running for the next 10 years or even until 2030. We’ll see how long it lasts, but I think it will stop operating long before that.
It’s surprising people are still ready to join any schemes that have the name MMM after the failed MMM programs and the bad publicity surrounding Sergey Mavrodi.
There is some conjecture as to whether Mavrodi is really behind this scheme or if some scammers are trying to profit from using his name and reputation. Either way, it doesn’t really matter. You shouldn’t invest in this scheme!
The worst part of this program is that people are ready and encouraged to promote this scheme. They make it sound like a surefire winner, although they know the truth. They’re ready to sign up people who really need the money they invest.
Yes, some may make money if they get in early, while many others will lose their hard-earned cash. But the biggest winner will probably be Sergey Mavrodi, although he claims otherwise.
According to Sergey, MMM Global collapsed because of hackers who stole accounts and created panic.
I did not close MMM Global I wanted to continue it for some more time, but hackers created panic and lot of accounts were stolen, so I was forced to shut down MMM Global.
These are just lame excuses; he’s not owning up to the fact that he knew the scheme wasn’t sustainable from the beginning.
Verdict: Not Recommended
I hope you found my MMM Returns review useful. If you want to earn money online, you need to learn how to do it and then put in the work.
Forget about investing in these high-interest, high-risk schemes that will have you worrying if you will ever see your investment again.
Learn how to build your own legitimate business and take your destiny in hand. You will find this review of Wealthy Affiliate, my #1 recommended online training platform useful.
If you have any questions or perhaps some experience with MMM you’d like to share, please leave them in the comments section below.
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Cheers,
Peter
Ahh, those Ponzi schemes will never end… I’m quite surprised that people are still coming up with these scams. I mean how many people fall for this kind of stuff? I guess a lot, because nobody would be making those scams then. Give this a year at most ant it will fall apart, I’m sure!
You’re right the Ponzi schemes seem to go on forever. As long as people believe that these schemes are going to bring them riches there will always be new ones popping up. This one may not last long but there will still be many people who can’t afford to lose their money that will get caught.
Peter
Hi Peter,
Great review of MMM Returns and way to blow out Sergey Mavrodi. I guess when scamming people is part of your reputation, what else is there to do.
Oh yeah, wise up and create a real online business that actually helps people. Shortsightedness is not a gift.
I get it though, everyone wants to make fast cash online and so people don’t think they’re hurting anyone by scamming those they can, but this isn’t the way to go through life.
I built my online business one day at a time and it was hard to start and hard for the first 9 months or so, but you can’t give up.
Now it’s a different story and those checks are coming in, but I created something of value and anyone can do the same thing as well.
Suck it up, work hard, help people and success will be yours.
Great review Peter, thanks for sharing.
Thanks,
Todd
Hi Todd,
Yes, many people want to make cash easily and quickly and are willing to believe more or less anything that sounds remotely feasible. The latest Sergey Mavrodi scheme sounds great, 3% per day when the banks are paying 1 – 2% per year. You can see why people want to sign-up! But anything that sounds too good to be true, like this, usually has a catch. In this case, the interest you are earning is funded by new member’s investments, one day there won’t any new members and many will lose their money, it’s just a question of time.
Much better to build a sustainable business as you have done. I know it’s lots of hard work but you are now reaping the rewards and will continue to do so for a while. As you say if you’re prepared to work and learn anyone can do it.
Thanks for your comment,
Peter
Hey Peter,
I wonder how people can go on to create such shitty schemes without any roadblock in their path. But then I think to myself that Law & Order is kind of as shitty as these people.
I can understand people wanting to earn money at the soonest possible and through the easiest ways of all, but they forget that they get what they pay for. They can never bargain with time. But rather than realizing the truth, they find it better to fall victim to these kind of schemes.
If there was really such a fast way to become a millionaire, I guess there wouldn’t have been things like poverty in 21st Century.
I hope that before everything people gain Common Sense and keep a mirror of reality in front of them always. Maybe this way they won’t earn a lot, but they will at least save themselves from losing what they already have.
Thanks for this informative read.
Hi Smart Prince,
I know what you mean, it is disappointing that nothing is done to stop these schemes and the people behind them. I guess it’s just human nature that wants to get something for nothing, so, unfortunately, these schemes still have some good days in front of them. You and I know it’s not possible, this may work for a while and some may make money especially the owners of this scheme. But ultimately it will collapse and many will lose their money.
Some will undoubtedly learn a lesson from this while others will continually search for the next program that promises easy riches. To make money or a passive income legitimately online takes time and hard work, this is the message that needs to be spread.
Thanks,
Peter
Now this is just sad, isn’t it? How can someone who has been proven so fraudulent in the past continue to get away with scams like this?
Especially with no service being provided.
I do want to ask you, how did you come across this particular scheme? Is it being pushed on social media?
Agreed Eric, it’s pretty bad that someone like this can just start over and over. The only way you will make money with this scheme is if they keep enrolling new members.
It’s also depressing that there are people willing to promote this although they know the risks and problems. But I suppose there will always be people willing to take advantage of others for personal gain.
I came across this when I was checking for updates on another Sergey Mavrodi product I reviewed. It is being pushed on social media, to earn your 3% daily you have to post a link to MMM Returns on your Facebook page.
All the best,
Peter
Hi There,
Great in depth review of this what looks like another ponzi scheme which makes innocent people looking to make some passive income! reviews like this helps people make a better judgement calls about these so called money making schemes.
Thanks for sharing this, i will no doubt bear in mind when I come across this scheme or if someone who I know so that I can tell them about your review.
Thank you so much for this information!
Hi Dhanraj,
Unfortunately, it’s always the innocent who lose their money in schemes like this. These schemes are very good at selling the idea that you can make a lot of money doing nothing. It may work for a few members, for a while, but eventually, it will collapse leaving many with debts and losses they can’t afford.
These schemes are often popular in countries where there is a lot of poverty. According to Alexa, 17% of visitors to MMM Returns come from India or 11% from Nigeria. This just highlights that it’s the desperate, or people with little other hope of earning money any other way that are willing to try this. These are also the people that can least afford to lose what little money they have.
Thanks for your comment,
Peter
I hate ponzi schemes like this when only the creaters make money from the dreamers. I can’t understand how people don’t google things first before putting their money into something like this – well we all had those get rich quick dreams when we first started, but you only have to get burnt once before you start doing your own research and I hope that anyone who wants to try this finds your article first.
I know Laurie, it’s very surprising people are willing to put money into schemes like this without doing any research. As you say we all tend to trust things we see online as least until we have been scammed once. According to research, it’s often the most vulnerable that are ready to believe the stories of quick riches. Hopefully a few might see this or similar reviews before investing in MMM Returns.
Thanks for your visit,
Peter
Sadly, this kind of businesses will show up all the time because of people are greedy and want instant earnings with minimum effort. I actually know a group of ”business man’s” whom join every month to such schemes. They have a lot of brainwashed followers and actually make good money while their group struggle and hope. Thank you for this great review. I will share this to my circle as a heads-up about this Ponzi scheme.
Cheers.
Hi Zoly,
Yes, many people want to make money the easiest way possible and they are surprised when things go wrong. Some might be greedy but unfortunately many will also be desperate, in which case they are ready to try anything to make a little money. It’s these people I feel sorry for!
The group of “businessmen” you know sound pretty awful. Promoting schemes like this when they know the truth is very immoral. I hope little by little people will realize that schemes like this that offer very high returns are very risky. In this case, when you see the past records of Sergey Mavrodi you should steer clear. Hopefully, this will be short lived and won’t attract too many members.
Many thanks for sharing,
Peter