The General Prosecutor's Office of the Republic of Kazakhstan extradited a Kazakhstani citizen from Kyrgyzstan to face criminal charges for establishing and managing a financial pyramid as part of a transnational organised group.
According to the press service of the department, members of the group organised the financial pyramid "QI-Trade" in Kazakhstan between 2017 and 2020.
It has emerged that the suspects misappropriated approximately 15 billion tenge belonging to over 4,700 investors. Some participants have already been sentenced to various types of punishment, while the aforementioned citizen fled and was placed on the international wanted list.
While on the run, the suspect committed a murder in Kyrgyzstan, for which he was convicted.
At the request of the Kazakh Prosecutor General's Office, he was handed over to face criminal charges for establishing and managing a financial pyramid. After this, he will be returned to the Kyrgyz Republic.
"Thus, the individual will face punishment for the crime committed in Kazakhstan after serving his sentence in the neighbouring state," the statement said.
It is noted that the General Prosecutor's Office had previously extradited two members of this criminal group from Russia and Poland. They were sentenced to various terms of imprisonment.
Recall that in July last year, a suspect in leading the "Finiko" financial pyramid in the Kostanay region was extradited from Armenia. As a result of her actions, approximately 40 victims lost over 167 million tenge.