The Agency for Financial Monitoring in Kazakhstan confirmed that a regional leader of the Finiko financial pyramid has been extradited from Turkey. The individual had been sought internationally since 2022. The operation involved collaboration between Almaty financial investigators, the prosecutor's office, and Interpol. Authorities stated that Finiko operated as a fraudulent scheme without legitimate business operations, relying on funds from new participants to pay existing ones to simulate profitability. The suspect is accused of soliciting over 160 million tenge from investors through these deceptive practices. The investigation remains ongoing as part of pre-trial proceedings.
Source : Tengrinews
Photo : Tengrinews
