An overwhelming majority of financial pyramid schemes operating in Russia target investors’ crypto funds, according to new data released by the country’s central bank. The Russian monetary authority ...

One of the founders of the notorious crypto pyramid scheme Finiko, Russia’s largest in recent years, has been deported by the United Arab Emirates (UAE). Thousands of victims in the post-Soviet space ...

Profy reports that Sergei Mavrodi, who created one of the world's largest financial pyramids in the 1990s, is at it again: recently, he “[…] has decided to launch a new pyramid […] – but this time it ...

VELIKY USTYUG, Russia -- Posters outside the Veliky Ustyug Cultural-Entertainment Center advertise a concert on February 23 to mark Defender of the Fatherland Day and, a couple weeks later, a ...