The star of the Finico pyramid was sentenced to 4.5 years in prison

The Vakhitovsky district Court of Kazan found guilty a privileged participant in the Finico financial pyramid, Lilia Nurieva, of fraud and participation in a criminal community, sentencing her to 4.5 years in prison. This is reported by local media.

According to the case file, 42-year-old Nurieva deceived 161 people from July 2019 to July 2021, who lost 206 million rubles on investments in Finico.

During the meeting, the defendant promised to compensate for the damage and testified against the organizers of the pyramid. Nevertheless, the court chose imprisonment in a penal colony as a punishment for her. Civil lawsuits were left without consideration.

Nurieva was detained in September 2021. She had the status of the so-called "tenth star" in the company. It was received by those whose total amount of investments, including funds from attracted people, exceeded $ 1 million. 

At the end of April, the Prosecutor General's Office referred the case of the pyramid scheme to the court. On May 8, the arrest of the founder of Finico, Kirill Doronin, and nine of his associates was extended. They were charged with organizing a criminal community and fraud on a particularly large scale.

The Finico financial pyramid operated from 2019 to 2021 in Russia, Kazakhstan and a number of other CIS republics. She offered clients to invest in "high-yield investment schemes" in real estate and cryptocurrencies.

https://forklog.com/news/osnovatelej-piramidy-finiko-zapodozrili-v-ekzit-skame

According to independent estimates, the total damage from the pyramid's activities exceeds $4 billion. The number of victims is at least 850,000 people. 

Doronin has been under arrest since the end of July 2021. The co-founders of the pyramid, Edward and Marat Sabirov, as well as Zygmunt Zygmuntovich, have been put on the international wanted list and arrested in absentia. According to investigators, they left the Russian Federation through Belarus and may be on the territory of the United Arab Emirates.

In December 2023, Tether blocked five cryptocurrency addresses on the Ethereum network, allegedly linked to the Russian Finico financial pyramid.