{"id":13671,"date":"2024-05-21T11:42:59","date_gmt":"2024-05-21T08:42:59","guid":{"rendered":"https:\/\/forklog.com\/en\/key-figure-in-finiko-pyramid-sentenced-to-4-5-years-in-prison\/"},"modified":"2024-05-21T11:42:59","modified_gmt":"2024-05-21T08:42:59","slug":"key-figure-in-finiko-pyramid-sentenced-to-4-5-years-in-prison","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/key-figure-in-finiko-pyramid-sentenced-to-4-5-years-in-prison\/","title":{"rendered":"Key Figure in &#8216;Finiko&#8217; Pyramid Sentenced to 4.5 Years in Prison"},"content":{"rendered":"<p>The Vakhitovsky District Court of Kazan has found Lilia Nuriyeva, a prominent participant in the financial pyramid scheme &#8216;Finiko&#8217;, guilty of fraud and involvement in a criminal organization, sentencing her to 4.5 years in prison. This was reported by <a href=\"https:\/\/www.tatar-inform.ru\/news\/v-vaxitovskom-raionnom-sude-kazani-oglasili-prigovor-zvezdocnice-lilii-nurievoi-5946734?utm_source=yxnews&#038;utm_medium=desktop\">local media<\/a>.<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/vk.com\/video_ext.php?oid=-81538431&#038;id=456244991&#038;hash=3d12401ffb7293a0\" width=\"640\" height=\"360\" frameborder=\"0\" allowfullscreen=\"1\" allow=\"autoplay; encrypted-media; fullscreen; picture-in-picture\"><\/iframe><\/p>\n<p>According to the case materials, the 42-year-old Nuriyeva defrauded 161 individuals between July 2019 and July 2021, resulting in losses of 206 million rubles invested in &#8216;Finiko&#8217;.<\/p>\n<p>During the hearing, the defendant promised to compensate the victims and testified against the pyramid&#8217;s organizers. Nevertheless, the court sentenced her to imprisonment in a general regime penal colony. Civil claims were left unconsidered.<\/p>\n<p>Nuriyeva was detained in September 2021. She held the status of a so-called &#8216;tenth star&#8217; in the company, a title given to those whose total investments, including funds from recruited individuals, exceeded $1 million.<\/p>\n<p>In late April, the Prosecutor General&#8217;s Office <a href=\"https:\/\/www.tatar-inform.ru\/news\/genprokuratura-peredala-v-sud-kazani-delo-finansovoi-piramidy-finiko-5944531\">transferred<\/a> the financial pyramid case <a href=\"https:\/\/www.tatar-inform.ru\/news\/genprokuratura-peredala-v-sud-kazani-delo-finansovoi-piramidy-finiko-5944531\">to the court<\/a>. On May 8, the arrest of &#8216;Finiko&#8217; founder Kirill Doronin and nine of his associates was <a href=\"https:\/\/www.tatar-inform.ru\/news\/sud-kazani-prodlil-arest-osnovatelyu-piramidy-finiko-kirillu-doroninu-5945657\">extended<\/a>. They are charged with organizing a criminal community and large-scale fraud.<\/p>\n<p>The financial pyramid &#8216;Finiko&#8217; operated from 2019 to 2021 in Russia, Kazakhstan, and several other CIS countries. It offered clients investments in &#8216;high-yield investment schemes&#8217; in real estate and cryptocurrencies.<\/p>\n<p>Independent estimates suggest the total damage from the pyramid&#8217;s activities exceeds $4 billion, with at least 850,000 victims.<\/p>\n<p>Doronin <a href=\"https:\/\/forklog.io\/smi-v-kazani-zaderzhali-osnovatelya-piramidy-finiko-kirilla-doronina\/\">has been under arrest<\/a> since late July 2021. Co-founders Edward and Marat Sabirov, as well as Zygmunt Zygmuntovich, have been placed on <a href=\"https:\/\/forklog.io\/smi-souchreditelej-finansovoj-piramidy-finiko-obyavili-v-mezhdunarodnyj-rozysk\/\">international wanted lists and arrested in absentia<\/a>. According to investigators, they left Russia via Belarus and may be in the United Arab Emirates.<\/p>\n<p>In December 2023, Tether blocked five cryptocurrency addresses on the Ethereum network, allegedly linked to &#8216;Finiko&#8217;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Vakhitovsky District Court of Kazan has found Lilia Nuriyeva, a prominent participant in the financial pyramid scheme &#8216;Finiko&#8217;, guilty of fraud and involvement in a criminal organization, sentencing her to 4.5 years in prison. This was reported by local media. According to the case materials, the 42-year-old Nuriyeva defrauded 161 individuals between July 2019 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1162,1154,1557,1163,27],"class_list":["post-13671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-court-cases","tag-crimes","tag-finiko","tag-ponzi-schemes","tag-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"73","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=13671"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13671\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/13670"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=13671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=13671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=13671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}