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 7 most expensive food in Russia
Food and drink

Top 7 most expensive food in Russia

2020
The 10 best TVs of 2019 in terms of price / quality
Technics

The 10 best TVs of 2019 in terms of price / quality

2020
The best resorts in Bulgaria for families with children
Tourism

The best resorts in Bulgaria for families with children

2020

Leave Your Comment

Recommended

10 best smartphones up to 10,000 rubles in 2019

10 best smartphones up to 10,000 rubles in 2019

2020
Best coupon discount sites

Best coupon discount sites

2020
Where to go to rest at sea in October 2018: 15 countries

Where to go to rest at sea in October 2018: 15 countries

2020
Rating of the best fans for the home

Rating of the best fans for the home

2020

Popular Categories

  • Nature
  • Sport
  • The most in the world
  • Favorite
  • Information and News
  • Food and drink
  • Technology Reviews and Tests
  • Medicine
  • Cars
  • Books

Recent

The most popular women's perfumes 2019, ranking of the best

The most expensive football transfers in history

The biggest cars in the world

10 most popular resorts of Russia among single men

Top 10 Interesting Quarantine Facts

Myths about plastic windows (Top-6)

Actual

5 main provisions on the payment of child benefits from 3 to 7 years in 2020
Ratings

5 main provisions on the payment of child benefits from 3 to 7 years in 2020

2020

You can no longer worry that the generous promise of Russian President Vladimir Putin to pay monthly benefits for children from 3 to 7 years old will be just words. The corresponding decree was signed, entered into force from the date of signing, and on March 20 was published on the official portal of legal information. ...

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

Top 5 Tips for Making Money on Youtube

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

Rating of the best Forex traders in Russia

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

Rating of the most common complaints about Russian hotels

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

The 10 best sedatives reviews

2020

The best in the world

The best in the world.

Recent

  • The best pike spinners in the fall, the most catchy lures
  • The biggest bears in the world
  • Top 5 best resorts in Greater Sochi

Popular Categories

  • Nature
  • Movie
  • Tourism

© 2025 https://efuc.org

  • Coronavirus
  • Cities and countries
  • Books
  • Technics
  • Games
  • Technology Reviews and Tests
  • Medicine
  • Favorite
  • Information and News
  • Nature

© 2025 https://efuc.org