MMM Reunited bills itself as a peer-to-peer charitable donation platform using the Bitcoin cryptocurrency (BTC) and is patterned after the original MMM Global investment scam pioneered by Russian businessman Sergey Mavrodi.
What Is MMM Reunited?
There is no information on who runs MMM Reunited. The company website itself was registered anonymously in late January of 2017, which provides no clue as to the real name or location of the registrant.
Alexa site rankings show that more than 50% of the site’s traffic comes from the United States, while around a quarter comes from Nigeria. This is a strong indication that the site is likely based in one of these two countries.
As far as who actually runs MMM Reunited, it may be someone who was initially involved in MMM Global (or was aware of it) and is attempting to mirror its success.
MMM Reunited Product
Joining MMM Reunited requires an initial investment of anywhere between $20 to $1000 in Bitcoin. Doing so allegedly entitles the investor to a 100% return on investment (ROI) after a single month.
If new users pay into the program within 6 hours of signing up, users are rewarded an additional 5% bonus. If funds are invested after this period but within 24 hours, users are entitled to a 2% bonus instead.
After a month, users are permitted to withdraw their investment. However, in order to do so, they are required to reinvest in the platform by at least the amount they invested initially in order to do so.
MMM Reunited Opportunity
In addition to the 100% monthly ROI, MMM Reunited also offers an affiliate program as well.
Affiliates can earn 10% of the investments made by all new investors personally recruited by the affiliate.
Once an affiliate has recruited 10 direct recruits and invested at least $200 into the program, they qualify for “Guider” status and may establish their own uni-level matrix team for further compensation.
This unlocks commission payments several levels deep, using the following framework:
- level 1 (personally recruited affiliates) – 5%
- level 2 – 3%
- level 3 – 1%
- level 4 – 0.5%
- level 5 – 0.3%
- levels 6 and deeper – 0.2%
The “Guider” uni-level matrix has no bottom level.
MMM Reunited Verdict
If you’re asking yourself “where does the money come to pay out investors?” you’ve just unraveled the entire problem with MMM Reunited.
There’s no source of outside income providing funds for investors’ ROI. It’s not as if MMM Reunited was selling Girl Scout Cookies or something to make money to give to its investors – no, the only source of cash coming into the system is in the form of new members.
That’s the money that gets used to provide ROI for existing investors.
This means that for MMM Reunited to continue to be viable, there must be a constant influx of new recruits coming in and paying into the system. Once recruitment dries up – which is inevitable after prospective recruits that would be coming in at the bottom of the pyramid realizes they won’t be able to get any money out of the system without recruiting heavily themselves – the anonymous admins of MMM Reunited will take the money and run.
At that point, it will be impossible to get any of your initial investment back. Not only is there any way to get in contact with whomever is running the program, all payments are made in bitcoin, which is largely decentralized and unregulated.
There’s no central authority to appeal to, and the anonymity behind bitcoin wallets makes it doubly difficult to identify just who’s getting the money and where it’s gone to.
Finally, even if you ignore all these red flags, there’s the one niggling fact remaining that MMM Reunited is based on MMM Global, which has been exposed as an investment scam.
Sergei Mavrodi, MMM Global’s founder, was convicted and spent four years in a penal colony for his sins.
Mavrodi and his pyramid schemes are not exactly the kind of role models and organizations you want to model yourself after. They’re also not the kind of people and organizations you want to get involved in. Steer clear of this one at all costs.
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