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
- Kazakhstan Cancels Exam Results For More Than 700 University Applicants
- Astana LRT Operator Looks For Funding In China
- Smoke From Russian Wildfires Reaches Eastern Kazakhstan
- Kazakhstan Offers EU A Broader Partnership In Eurasia
- Oil Leak Reported In Caspian Sea Near Azerbaijan Coast
- Kazakhstan To Build 250 Roadside Service Stations For 180 Billion Tenge
- Police Chase With Kazakh Driver In Phuket Ends In Crash And Injuries
- Foreigners Moving To Kazakhstan Are Choosing Big Cities Over Most Regions
- Turkestan Region Leads Kazakhstan In Twin Births
- From Grain To AI: What Kazakhstan Brought To Afghanistan
- Helicopters Drop 39 Tons Of Water On Forest Fire In East Kazakhstan
- Kazakhstan Tightens Border Checks Despite Saying There Is No Fuel Shortage
- Kazakhstan Seeks Greek Investment In Energy And Transport
- Global Rating Agency Confirms Kazakhstan’s Investment-Grade Status
- Kazakh Company Sent $16 Million To China, Got No Goods And A Huge Fine
- Kazakh Parties Are Losing Focus With Overly Broad Programs, Expert Says
- Almaty Man Registered 990 People In One-Room Apartment And Received Sentence
- Montenegro President Makes First Official Visit To Kazakhstan
- Gas Prices In Kazakhstan To Rise From July 1
- Kazakhstan’s Oldest Gold Mining Company Resold For 8.7 Billion Tenge
