RUSSIA  


Pick#....................NL
Denomination ....1 Biletov
Date.....................ND
Condition.............Unc
Comments......... Portrait of head of failed MMM bank on left front (Sergei Mavrodi).  Security features on note included: heavy intaglio border, micro-printing, fluorescent fibers, and watermarked paper.

This entrepreneur promised huge profits - and delivered - for a while! MMM was a Russian company that perpetrated one of the world's largest Ponzi schemes of all time, in the 1990s.  By different estimates from 5 to 40 million people lost up to $ 10 billion. See my other notes from this country
NEVER A RESERVE !!


CURRENCY DEN

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