The Financial Monitoring Agency has shut down the "CVK" financial pyramid. This was reported by Qazaqyia.kz citing Sputnik Kazakhstan.
Currently, the agency's territorial departments are conducting pre-trial investigations in 14 regions of the country. The project presented itself as a marketplace, offering participants the purchase of various investment "store" packages that supposedly generated stable income.
"To simulate trading activity, the personal account displayed completed orders and deliveries of goods that did not actually exist, for which virtual rewards were credited. The main focus was on the referral system: participants were promised cash bonuses and valuable gifts for attracting new investors," the statement said.
As a result of aggressive regional marketing and a large-scale advertising campaign, the organizers attracted about 1,500 investors to the illegal scheme. To promote the project, closed propaganda parties, grand openings of offices, and mass presentations were held. These events were widely publicized on social networks and used as a tool to build public trust.
Withdrawal of funds was carried out through a cryptocurrency platform, followed by transfers to bank accounts. As a result of the agency's operational measures, crypto assets worth 474,000 USDT were seized. The investigation is ongoing.