Let 8a878fb3323686525ea1bd26347ebd" title="Click to view the MathML source">P be the set of the primes. We consider a class of random multiplicative functions f supported on the squarefree integers, such that 8a10a7" title="Click to view the MathML source">{f(p)}p∈P form a sequence of ±1 valued independent random variables with e6d68f810d84d4ecea3d51aaa8026" title="Click to view the MathML source">Ef(p)<0, bc21807128732" title="Click to view the MathML source">∀p∈P. The function f is called strongly biased (towards classical Möbius function), if 8ab540ae529e624c34f6432">a.s. , and it is weakly biased if 89814a8d8605515d374e00c48913"> converges a.s. Let e62eb7abe73e525d81ca996b97e725c" title="Click to view the MathML source">Mf(x):=∑n≤xf(n). We establish a number of necessary and sufficient conditions for 971320c3b71f4d2f8" title="Click to view the MathML source">Mf(x)=o(x1−α) for some α>0, a.s., when f is strongly or weakly biased, and prove that the Riemann Hypothesis holds if and only if e50cc2696ff8afbb" title="Click to view the MathML source">Mfα(x)=o(x1/2+ϵ) for all ϵ>0a.s. , for each α>0, where aa3321939805da4bf09c8e701c25" title="Click to view the MathML source">{fα}α is a certain family of weakly biased random multiplicative functions.