Kazakh Businessman Arrested in Bishkek Over Fraud Case
Photo: Elements.envato.com, ill purposes
Kazakh businessman Almaz Zaripov has been arrested in Bishkek on suspicion of a $2.5 million fraud, Orda.kz reports.
According to Kaktus.media, in March 2025, two Bishkek residents contacted the State Committee for National Security, alleging that a 51-year-old man gained their trust and proposed a profitable business — supplying grain products from Kazakhstan.
After agreeing to the terms, they handed him $2.5 million. But after receiving the money, the “supplier” stopped communicating and disappeared.
Business sources confirmed the man is Almaz Zaripov, owner of the food holding KAZBRAND and head of the Agrarian-Industrial Union of Kazakhstan.
The neighboring country’s security services placed Zaripov on the wanted list. Following his arrest, on August 23, the Lenin District Court of Bishkek ordered him held in custody until September 20, pending investigation.
He is charged with large-scale fraud. If convicted, Zaripov faces a lengthy prison term.
Original Author: Alina Pak
Latest news
- Orda.kz Editorial Team to Cease Operations on September 1
- The Price of a Degree: How Students in Kazakhstan Pay for University
- Second Przewalski’s Horse Foal Born as Species Returns to Kazakhstan
- Kazakh Mining Companies Can Recalculate Purchases if Tenge Weakens
- Kazakhstan Names First Vice President in Three Decades
- What Almaty’s Bus Shelters Are Missing
- 400-Truck Queue Builds at Kazakh–Kyrgyz Border
- Kazakhstan Ready to Help Feed and Rebuild Gaza
- Tokayev Establishes New Presidential Security Body
- Almaty Takes Back Its Nearly Century-Old Hippodrome
- No More Guesswork on Savings: Kazakhstan Tightens Energy Audits for Businesses
- Public Money Could Be Used to Rescue Failing Kazakh Banks
- Third Kazakh Woman Reported Missing in Nepal-China Flood Zone
- Falconer Convicted Over 35 Protected Birds, Spared Punishment Under Amnesty
- Kazakh Citizen Detained in Yakutia in Phone Fraud Case
- Yuan Instead of Dollars? KazMunayGas Draws Record Demand in Asia
- China Gains Oil-Market Influence as OPEC+ Weakens
- Kazakhstan to Divide Smartphones Into White, Gray and Black Lists
- Kazakhstan’s Government Formally Resigns as First Kurultai Session Opens
- Rare Lynx Sighting Recorded in Northern Kazakhstan
