the p>3m financial mutual aid platform will basically collapse.

Although the CBRC did not name MMM financial mutual aid platform as a fund in the Early Warning Prompt for Investing in the Name of "Financial Mutual Aid", it replaced it with "XX financial mutual aid platform", "XX financial mutual aid community" and "XX financial mutual aid financing" throughout, but the description of such funds-after free registration, the investment of 6 yuan-6, yuan can be withdrawn after 15 days. Participants who develop others to join can also get additional benefits such as recommendation award and management award. There is no upper limit for developers and rebate, which fully conforms to the characteristics of MMM mutual financial platform.

CBRC also pointed out that "this kind of operation mode violates the law of value, and it is difficult to maintain the capital operation for a long time. Once the capital chain breaks, investors will face serious losses", and called on the public to reflect the clues of illegal crimes to the relevant departments.

why did the CBRC issue a warning? This is because such platforms "develop rapidly and spread widely". Although there is no authoritative statistics on how many people participate in it at present, some fund leaders say that "more than 2 million people participate" is not credible, but judging from the soaring price of bitcoin (bitcoin can buy maverick coins) on November 5 to the highest point of nearly a year, the number of participants in MMM platform will not be a small number.

Why can such an obvious scam gain such high popularity?

Some scholars believe that Madoff's Ponzi scheme lasted for 2 years, not because of its ingenious conception and complicated design, but because Madoff just packaged the old deception with modern financial means, and investors' greed and blind worship of Madoff made them lose their sense of risk. It has been reported in Yanhuang Finance.

indeed, the word "greed" can easily break the various lines of defense of the deceived. However, it can not be ignored that the publicity instructions of MMM financial platform can really confuse people who don't know enough. For example, explaining "Where did this high interest rate of 3% come from?" At the same time, the principle of MMM financial mutual aid and pension is compared beautifully, but the difference between interest and guarantee is completely ignored.

is answering "If no one comes to play, it will collapse, and no one will provide such high interest?" At the same time, the fraudster continued to compare the pension issue-"Asking this question is like asking' Young people don't work, so there is no source of pension'?

and let's imagine, is it possible for the younger generation not to work? The younger generation doesn't work. What do they eat, drink, start a family and support their families? Simply put, because they are paid, they will naturally go to work. By the same token, every new MMM member who comes into this system and tries to earn a high interest (such as the reward for young people's work) will naturally have a new generation of MMM members to join, because it can get a good return. In this case, do you think there will be people who are unwilling to come in and enjoy this generous return? "