On April 20, officers from the Ministry of Internal Affairs and the National Guard detained six leaders and active participants in the Finiko financial pyramid. As reported by TASS, citing the agency’s press service.
The investigator filed motions seeking that they be remanded in custody.
According to Business Online, among those detained in Kazan was the pyramid’s site and support-service supervisor Anton Semikin. He is currently in a temporary detention facility. Media also report at least 50 searches carried out across Tatarstan and in several other regions.
More than 5,000 statements from victims in Russia, the CIS, Europe and the United States have already been attached to the case materials. Collectively they report losses exceeding 5 billion rubles.
Earlier, a criminal case against Finiko for fraud in a large-scale was opened. It is being handled by the Interior Ministry’s central apparatus in cooperation with investigators from the Organized Crime Department.
Founder Kirill Doronin has been in custody since late July 2021.
Co-founders Edward and Marat Sabirov, as well as Zygmunt Zygmuntovich, have been declared with an international arrest warrant and arrested in absentia. Investigators say they left Russia via Belarus and may be in the United Arab Emirates.
The total losses from Finiko’s activities, according to independent estimates, exceed $4 billion. The number of victims is at least 850,000 people.
Earlier, Kirill Doronin made a deal with the investigation and gave testimony against 44 accomplices in the pyramid. He did not admit his guilt and denied embezzlement of funds.
For more on Finiko’s pyramid operations, read ForkLog’s special material ForkLog.