Morocco is extraditing the creator of a large financial pyramid to Russia after he managed to escape extradition from Italy.
Aleksey Kalinichenko is accused of defrauding some 4,000 people of more than US$35.5 million. He is involved in 119 criminal cases on charges of fraud.
The financial scheme affected investors from Russia, Belarus, Ukraine, Germany, Israel and Kazakhstan.
The creator of the Ponzi scheme promised his investors a return of 250 per cent.
Russian investigators issued an international arrest warrant in 2007. He was then detained in Italy, but managed to escape and fled to Morocco.
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