Kazakhstani Man Suspected of Creating Multi‑Billion Tenge Pyramid Extradited from Georgia
Photo: AFM
The man was detained in Georgia and taken to Kazakhstan. The case involves damages of more than 10 billion tenge, Orda.kz reports.
He was detained in Georgia in February 2026. Last week, he was brought to Kazakhstan and placed in a pre‑trial detention center. The extradition was organized by the Prosecutor General's Office and the Kazakhstan bureau of Interpol with the assistance of the Embassy in Tbilisi.
The detainee was a member of an organized group and from 2019 to 2021 managed the structures of a financial pyramid in different regions of Kazakhstan. The fraudsters promised people high profits and collected more than 10 billion tenge. the Prosecutor General's Office clarified.
Several accomplices have already been convicted and sent to a penal colony. The defendant fled the country, after which he was placed on the international wanted list. He now faces up to 12 years in prison with confiscation of property.
Original author: Asel Turar
Read also:
Latest news
- Testing Will Be Removed From Teacher Certification Over Corruption Risks
- Kazakhstan Tightens Entry Rules for the Financial Market
- Kazakhstan May Limit How Many People Can Be Registered at One Address
- AI Could Replace Some Employees in Kazakhstan’s Telecom Sector
- Astana Braces for Traffic Restrictions During Mongolian President’s Visit and Eco Summit
- No One Left to Work With Livestock? Kazakhstan Prepares State Support for Herders
- Kazakhstan Begins Intercepting Fraudulent Calls
- Kazakhstan to Disclose Data on Payments and Contracts of Subsoil Users
- Why Saigas Die: Expert Explains the Causes and Reassures Kazakhstanis
- Domestic Tourism Is Growing in Kazakhstan, but Vacations Are Getting More Expensive
- Illegal Pawnshop Scheme Worth 93 Million Tenge Exposed in Aktobe
- Dental Services in Kazakhstan Keep Getting More Expensive
- Rybakina Takes 13th Career Title at the Stuttgart Tournament
- Kazakhstan Eases Entry for Investors While Tightening Permanent Residence Rules
- Kazakhstan Updates Rules on Mobile Phone Use by Military Personnel
- Snow Leopard Caught on Video in Altyn-Emel National Park
- 7.7 Hectares of Forest Burn in North Kazakhstan
- Almaty Holds Another Cleanup Drive Along Riverbanks and in Public Spaces
- More Than 100 Horses Die in Mangystau After Severe Weather
- Kazakhstan Creates New Center to Track Criminal and Public Security Risks
