The organizer of the financial pyramid scheme was convicted in the Amur region

According to the prosecutor's office, from 2013 to 2015, the defendant headed the credit consumer cooperative "Credit Union "Smart to live". Clients were promised high returns on investments and mutual financial assistance. According to IA PriamurMedia, the man spent the money received from the victims on personal needs. Sometimes he gave members of the cooperative a profitable part of the deposits due to new income in order to maintain the legend of the reliability of the cooperative.

401 people suffered from the defendant's actions. During the preliminary investigation, the man reimbursed the damage in the amount of over 100 million rubles.

The court sentenced the pyramid organizer to four years in prison to serve his sentence in a penal colony. In addition, the civil claims of the victims have been satisfied.