The best in the world

  • Home
  • Technics
  • Finance
  • Ratings
  • Cars
  • Movie
  • People
  • Home
    • Technics
    • Finance
    • Ratings
    • Cars
    • Movie
    • People

Home The most in the world

The largest financial pyramids in history

Share
Pin
Tweet
Send
Share
Send

It is believed that the first in the history of the financial pyramid appeared in 1717 in France. The creator of the pyramid, the country's finance minister, John Law, had to secretly flee France. Since then, hundreds of times dishonest entrepreneurs left hundreds of thousands of gullible investors with a broken trough.

The largest financial pyramids in history entered our today's Top 5. They were selected not only in terms of financial damage, but also in the number of deceived depositors. Among the pyramids were the notorious Russian companies MMM and Lord.

5. L&G

The largest financial pyramid from the Land of the Rising Sun was founded by Kazutsugi Nami in 2000. The company promised a return of 36%, which attracted 37 thousand investors.

In 2007, the company defaulted, failing to settle its obligations. Over the entire period of its existence, L&G managed to raise $ 1.43 billion.

In 2010, 76-year-old Katsutsugi Nami was sentenced to 18 years in prison.

4. The sovereign

The company "Vlastilina" was registered in Podolsk in 1992. According to the promises of the owner of the company, Valentina Solovyeva, having invested half the cost of a new car, in a month it was possible to double the capital and purchase the desired vehicle.

In 1994, the company began to accept deposits for the purchase of housing, as well as just deposits, incl. in foreign currency. At the same time, the first disruptions in payments began.

In 1999, Valentina Solovyova was sentenced by the court to 7 years in prison, and in 2000 the fraudster was already released “for good behavior”. 16,000 people were recognized as victims of Vlastilina, having lost 536 billion rubles. and 2.6 million dollars.

3. Stanford International Bank

Texas billionaire Allen Stanford for 15 years selling trusting citizens deposit certificates, guaranteeing a high percentage of return. Stanford was arrested in 2009. It turned out that fake papers brought the fraudster and his family almost 7 billion dollars. With this money, the billionaire led a luxurious lifestyle, and also paid bribes to the regulatory authorities that covered the criminal scheme.

In March 2012, a 60-year-old Stanford court sentenced to 20 years in prison.

2. MMM

Over the 5 years of its existence, the pyramid has issued 27 million shares, as well as 72 million tickets. 200% of income per month was promised to their investors in MMM. As a result, the number of depositors was at least 10 million people.

Established in 1992, the company worked almost without problems for 2 years. However, in 1994, the tax service ordered that almost 50 billion rubles be collected from MMM in the budget. As a result, in August 1994, the company turned bankrupt, leaving behind a debt of 5 billion rubles to depositors.

1. Bernard L. Madoff Investment Securities LLC

This financial pyramid is the most famous of all that has ever existed. Established in 1960 by Bernard Madoff, the company was considered one of the most reliable investment funds. However, one fine day, the sons of Madoff informed the authorities about the incredible frauds of his father - he did not invest the funds entrusted to him, but simply transferred them to personal accounts.

As a result of the proceedings, it turned out that Madoff is not able to repay debts not only to citizens, but also to such reputable investors as BNP Paribas, Societe Generale, HSBC, Credit Agricole, Royal Bank of Scotland, UniCredit. In June 2009, a court sentenced Madoff to 150 years in prison. At that time, the fraudster turned 71 years old.

Share
Pin
Tweet
Send
Share
Send

Watch the video: Building the Pyramids of Egypt..a detailed step by step guide. (June 2025).

Similar Articles

Top 10 most popular car colors
Cars

Top 10 most popular car colors

2020
The 7 most scary and expensive things you can buy
Ratings

The 7 most scary and expensive things you can buy

2020
The 10 most popular actors and actresses in the world 2019
People

The 10 most popular actors and actresses in the world 2019

2020

Leave Your Comment

Recommended

World's best-selling books

World's best-selling books

2020
Rating of the best tablets of 2020: top 12 in price / quality

Rating of the best tablets of 2020: top 12 in price / quality

2020
Rating of the most non-sexual stars in Hollywood

Rating of the most non-sexual stars in Hollywood

2020
The most beautiful men actors in the world

The most beautiful men actors in the world

2020

Popular Categories

  • Games
  • Articles
  • Coronavirus
  • Medicine
  • Books
  • Favorite
  • Food and drink
  • The most in the world
  • Technology Reviews and Tests
  • Cities and countries

Recent

Rating of the most drinking countries

Top 10 countries by AIDS

The highest paid Instagram bloggers in Russia 2019

Best hookahs, rating of hookah producers

The most expensive hotel rooms in Sochi

The most prosperous countries in the world, Legatum Institute Index

Actual

Home cordless phone rating 2019
Technics

Home cordless phone rating 2019

2020

Against the background of mobile phones, cordless phones may seem like greetings from the last century. However, even compared to the most powerful smartphones, they have important advantages. For example, the best sound is important if you have a noisy office or have a hearing impaired relative. In addition, the radiotelephone is more ...

Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

Top managers of the National Media Group entered the ranking of the best managers of Russia 2019

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

Best coupon discount sites

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

The biggest cars in the world

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

Best gifts for March 8, version of women

2020

The best in the world

The best in the world.

Recent

  • Moscow taxi rating, the best taxi services
  • Where to go to the sea without a visa in 2019: 10 countries
  • Top 10 most useless household appliances

Popular Categories

  • Medicine
  • Movie
  • Movie

© 2025 https://efuc.org

  • Food and drink
  • Information and News
  • Medicine
  • Articles
  • Technics
  • Games
  • Nature
  • Sport
  • Books
  • Coronavirus

© 2025 https://efuc.org