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Russian Fraudster Lures Thousands in Kenyan Pyramid Scheme with a Bitcoin Twist

Posted on October 26th, 2016.

For the past year, Kenyans have been lured with the promise of making money quickly through a pyramid scheme started by convicted Russian fraudster, Sergey Mavrodi, reports the Daily Nation, a Kenyan news site. Mavrodi is reported to have designed a major pyramid scheme in Russia before its end came in 1997, which is believed to have...

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