A young lady who says her name is Alinka Karpova has, on her Facebook page, published a solicitation for a new version of the old "MMM" ponzi scheme, which you may recall started in Russia in the 1980s, and spread all over the investor world. Evewryone lost their shirts, but, like Colombia's DMG, it is back with new clothes on. MMM, now calling itself "Myanmar MMM," is advertising up to 100% per month returns !
Some things never change. Reports from Toronto say the new Ponzi scheme is already drawing in victims. I guess nobody is remembering to initiate due diligence on the name, for if they do, the whole sordid story is easy to find.
Chronicles of Monte Friesner
Contributed by Kenneth Rijock