tatarstan – DIGIT INFO

Another Member of Russian Crypto Pyramid Finiko Arrested in UAE

DIGIT — Sun, 11 Dec 2022 10:30:53 +0000

Law enforcement authorities in the United Arab Emirates have detained a top Finiko representative, sought for his role in the crypto Ponzi scheme which defrauded thousands of investors around the world. This is the second arrest in the Gulf state of a high-ranking member of the pyramid announced in the past month. Finiko Fraudster Caught […]

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Co-Founder of Russia’s Largest Crypto Pyramid Finiko Arrested in UAE

DIGIT — Fri, 18 Nov 2022 12:30:43 +0000

One of the founders of Russia’s most notorious Ponzi scheme in recent times, Finiko, is in detention in the United Arab Emirates, according to a Russian media report. The close associate of the crypto pyramid’s mastermind left the Russian Federation as the scam collapsed last summer. UAE Authorities Review Russian Extradition Request for Top Finiko […]

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Russian Arrested for Defrauding Buyers of Mining Hardware Worth Over $300,000

DIGIT — Mon, 05 Sep 2022 11:30:56 +0000

Police in the southern Russian city of Astrakhan have detained a man accused of defrauding people who wanted to purchase crypto miners. Law enforcement officials say the suspect made millions of rubles through fictitious sales of mining devices to Russian citizens and foreigners. Investigators Claim Russian Made Money Selling Nonexistent Crypto Mining Rigs A resident […]

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Another 6 Members of Finiko Crypto Pyramid Arrested in Russia

DIGIT — Sat, 23 Apr 2022 12:30:07 +0000

Russian law enforcement authorities have detained six more members and executives of the notorious crypto Ponzi scheme Finiko. Police in the Republic of Tatarstan and Russia proper have conducted dozens of searches as part of an ongoing investigation into the pyramid, which defrauded investors around the world. New Arrests in Finiko Case Made in Russian […]

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Crypto Pyramid Busted in Russia, Losses Exceed $10 Million

DIGIT — Thu, 24 Mar 2022 21:30:43 +0000

Russian law enforcement agencies have gone after the organizers of a large crypto pyramid which has been promising extraordinarily high returns. The Ponzi scheme is being unraveled after a similar project defrauded thousands of investors in Russia, the region, and far beyond. Police Find Crypto Pyramid Organizers in Dagestan, Russia Officers from the Federal Security […]

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Finiko Founder Doronin Offers to Testify Against 44 Accomplices at Crypto Pyramid

DIGIT — Mon, 22 Nov 2021 05:30:31 +0000

Kirill Doronin, mastermind of the Russian crypto Ponzi scheme Finiko, has proposed to testify against dozens of his former associates he claims violated his order to accept only cryptocurrency from investors. The founder of Russia’s largest financial pyramid in modern times has already provided detailed testimonies against a long list of accomplices, a media report […]

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Finiko Fugitives Suspected of Moving 750 BTC From Crypto Pyramid’s Wallet

DIGIT — Sat, 13 Nov 2021 02:30:03 +0000

A large amount of cryptocurrency has reportedly been withdrawn from a wallet previously controlled by the Finiko Ponzi scheme in Russia. The wallet’s unknown operators have transferred coins worth $48 million this month. The digital currency was split into smaller amounts and deposited to different addresses. 750 BTC Removed From Crypto Pyramid Finiko Wallet A […]

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Court Extends Detention of Finiko Pyramid Founder Doronin and His Right-Hand Man

DIGIT — Sat, 25 Sep 2021 11:00:14 +0000

A court in Tatarstan has extended the detention of Kirill Doronin, founder of Russia’s largest Ponzi scheme in recent times, Finiko. Doronin will spend at least two more months in custody as authorities fear he could hide from law enforcement. Ilgiz Shakirov, vice-president of the crypto pyramid, remains under detention as well. Finiko Mastermind Doronin […]

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Russian Court Confirms Arrest Warrants for 3 Finiko Founders

DIGIT — Mon, 20 Sep 2021 04:49:40 +0000

Tatarstan’s highest court has rejected appeals against arrest warrants issued for three co-founders of the notorious Finiko crypto pyramid. The top representatives of the Ponzi scheme, accused of large-scale fraud in Russia, are still hiding abroad, media reports reveal. Three Finiko Ponzi Scheme Members Still Wanted The Supreme Court of Tatarstan, a republic of the […]

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Russian Police Arrest 2 Women, High-Ranking Members of Finiko Crypto Pyramid

DIGIT — Sat, 11 Sep 2021 08:46:38 +0000

Law enforcement in the Russian republic of Tatarstan have made new arrests in connection with the crypto Ponzi scheme Finiko. Two women detained this week are believed to have attracted millions of dollars to the pyramid. The now collapsed Finiko lured investors from a number of countries in the post-Soviet space and around the world, […]

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