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Published finance pyramids recognized by Asian courts, along with proposed schemes, outlined in the Asian Financial Market report.

Financial pyramids discovered in Kazakhstan number twenty-two since the year's start

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Unveiled at the start of the year, Kazakhstan discovered 22 suspected financial pyramids.
Unveiled at the start of the year, Kazakhstan discovered 22 suspected financial pyramids.

Published finance pyramids recognized by Asian courts, along with proposed schemes, outlined in the Asian Financial Market report.

The Financial Monitoring Agency has published an updated list of suspected and court-acknowledged financial pyramid schemes. Here are the details:

Financial Pyramids Under Pre-Trial Investigation:

  • Quasar
  • Chia Tai Tiahging
  • Chia Tai Tianqinq Pharmaceutical Group
  • Q-net
  • Incruises
  • QazHome
  • Hermes Management LTD, part of holding company Life is good LTD, PCK "Best way"
  • Sincere Systems
  • ЖК-Otau Kz
  • Luxery
  • World Business Consulting
  • GAP
  • ТОО "Upgrade-AS"
  • PК "UBW.kz"
  • Antares Trade, Antares Limited
  • Innova Gold
  • ТОО "IG Group KZ"
  • The Great Tower
  • B2B Jewelry
  • ТОO "Семейный Капитал"
  • Robotice
  • BestRoadInvestment
  • TheFiniko
  • ТОО "Финстатус" and ТОО "ПрофитГруп"
  • ТОO "AYBA-Жанuya"

Financial Pyramids with Investigations Completed (Currently under Court Review):

  • World Business Consulting
  • PК "UBW.kz"
  • "Antares Limited", "Antares Trade"
  • Sincere Systems
  • Innova Gold
  • ЖК-Otau Kz

Financial Pyramids with Verdicts Issued:

  • LV Force
  • Unique Finance
  • B2B Jewelry
  • Caspian Cocus
  • World Business Consulting
  • Finiko
  • Investment Consulting Agency
  • Eden life, MMK Investment
  • "Шангирақ+" (ТОО Best Road Investment)
  • River Coins Limited
  • "Денежный поток"
  • "Великое будущее"
  • "Нұр-жиStdaza"
  • "Лидер Капитал 168"
  • "Нарымбетова"
  • ПК "Ата-мекен 2021"
  • "Айналым 30%", "3 күнде 30%", "Асыл инвест"
  • ПК GAP
  • "Табыс"
  • "Көтел"
  • "Раушан касса"
  • "4 кун 70%, 5 кун 70%", "Bay Life", "Бронь", "Bay Life чеки", "Айналым", "Вип чат"
  • Q-net
  • Hermes Management LTD

Since the beginning of the year, approximately 52,000 social media users have unsubscribed from content related to financial pyramids, according to the AFM. The agency also reported that, since the beginning of the year, 22 financial pyramids have been identified, and nearly 4,000 sites and accounts have been blocked in the 'Cyberwatch' system.

In a related development, the following articles may be of interest:

  • "Organizer of the Antares financial pyramid sentenced to six years in prison for defrauding 33 citizens"
  • "Pavlodar police seek victims of the 'HAS Holding' financial pyramid"
  • "USA, mushrooms, and a financial pyramid: Main news of the week"

In recent years, enforcement actions, increased regulatory scrutiny, and protective measures have been intensified against identified financial pyramids and Ponzi schemes, particularly in jurisdictions like the United States, Nigeria, and Uzbekistan. To learn more about the latest updates and regulatory initiatives in these countries, please refer to the provided Enrichment Data.

In light of the Financial Monitoring Agency's updated list of financial pyramids, one observes a significant overlap between schemes under pre-trial investigation, those with completed investigations, and those with verdicts issued, such as Quasar, Chia Tai Tianqinq Pharmaceutical Group, World Business Consulting, and TheFiniko. Furthermore, it has been reported that the ongoing enforcement actions against these pyramids extend to various nations, including the United States, where measures such as legal sentences for organizers are being implemented, as demonstrated in the case of the Antares financial pyramid organizer receiving a six-year prison term.

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