Seventeen Sentenced in Almaty for Involvement in Asar Baspana Financial Pyramid Scheme

Seventeen individuals have been sentenced in Almaty for their roles in the Asar Baspana financial pyramid scheme. The scheme allegedly defrauded approximately 90,000 citizens of 25 billion tenge by promising high monthly returns. Assets worth 5.6 billion tenge will be used to compensate victims, with remaining property to be confiscated by the state.

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Headline and summary written by daryo. The full report belongs to Kursiv.