A suspect in a multimillion-dollar fraud under the pretext of investing was detained in Moscow

Police officers detained a resident of the capital who is suspected of stealing more than 100 million rubles under the pretext of investing. The attacker presented himself to his victims as a financial expert. This was reported by the press service of the Internal Affairs Directorate for ZelAO.

“It has been previously established that the swindler met citizens and introduced himself as a financial expert. He claimed to be a highly qualified investor and promised high returns on investments. However, in fact, the implemented scheme worked on the principle of a financial pyramid. The investment income that was paid to investors for some time was the funds of new clients. After some time, he stopped communicating, and deceived citizens contacted the police,” said official representative of the Russian Ministry of Internal Affairs Irina Volk.

The suspect was detained as a result of operational search activities by police officers. Preliminarily, he is involved in 20 cases of illegal activity. Three criminal cases were opened against him. The defendant was taken into custody.