Friday, June 12, 2026 · Lagos

The NEWS

NIGERIA’S NEWSMAGAZINE SINCE 1993

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The founder of the MMM financial pyramid scheme Sergey Mavrodi, holding a copy of his banned book ‘Temptation’ in Moscow in May 2008. Mavrodi’s schemes stole life savings from more than a million Russians in the early 1990s AFP/Getty

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