Finiko founder Azat Tukhvatullin arrested
Azerbaijani-born entrepreneur Azat Tukhvatullin, co-founder of the financial pyramid Finiko, was arrested in Moscow and detained in pre-trial detention. He is accused of orchestrating a large-scale fraud that affected thousands and caused billions in losses.
Consensus
- Azat Tukhvatullin was arrested by Russian authorities.
- Tukhvatullin is accused of organizing the financial pyramid Finiko.
- The case involves fraud in an especially large amount (Article 159, Part 4 of the Russian Criminal Code).
- Tukhvatullin was detained in Tatarstan and transferred to Moscow.
- The financial pyramid Finiko defrauded investors by promising high returns and using fake investments.
- The scheme involved accepting cash and converting it into cryptocurrency, with users receiving virtual 'cyphrons'.
- The total damage caused by Finiko is estimated in the billions of rubles.
- The case is under investigation by the Investigative Department of the Ministry of Internal Affairs.
- Tukhvatullin's co-founder, Edward Sabirov, was also arrested and extradited from the UAE.
Points of divergence
- The total number of victims is over 7,700 people. — kommersant
- The total damage exceeds 1 billion rubles. — kommersant
- Tukhvatullin was described as a 'shadow creator' of Finiko. — vm
- Tukhvatullin was allegedly implicated based on statements from co-founder Edward Sabirov. — vm
- Sabirov was accused of stealing over 179 million rubles and fleeing abroad. — vm
- The number of victims is approximately 10,000 people. — riamo
- Finiko is considered the second-largest financial pyramid in modern Russia after 'MMM'. — riamo
Coverage (3 sources)
- Founder of financial pyramid Finiko Azat Tukhvatullin arrested — РИАМО
- Court in Moscow arrested co-founder of Finiko Azat Tuhvatullin — Коммерсантъ
- Shadow creator of financial pyramid Finiko arrested in Moscow — Вечерняя Москва