MMM promised returns of up to 3000% and wiped out 5-10 million Russians
MMM (Mavrodi) · Investment scheme (private)
The case in brief
Visible before detection
Checks that could have surfaced it, on hindsight
Unit economics & burn
Would have compared promised returns with any income.
Can mislead when: Cost allocation is a judgement call. Kubr shows its assumptions and lets the user change them.
Regulatory & litigation records
Would have found tax police action.
Can mislead when: Court records lag and name spellings vary. A clean record can mean the problem has not reached court yet.
Counterparty existence
Would have looked for real assets.
Can mislead when: Real companies can be used as pass-throughs. Existence does not prove a real trade, so C6 and C7 still apply.
Where Kubr services would have helped
Valuation context
Offered in India- C4 Would have looked for real assets.
- C8 Would have found tax police action.
- C9 Would have compared promised returns with any income.
Verified Snapshot
Offered in India- C4 Would have looked for real assets.
- C8 Would have found tax police action.
Financial diligence
Offered in India- C4 Would have looked for real assets.
- C9 Would have compared promised returns with any income.
Legal diligence support
Offered in India- C8 Would have found tax police action.
Mapped from the checks each service runs. A hindsight reading of public records, not a promise that the failure would have been found.
Same pattern
A summary of public documents. It reports what the sources say. It is not Kubr's finding and not a statement of guilt.