"The Central Bank of Russia revealed 782 cryptocurrency financial pyramids
At the same time, in the first quarter, 403 organizations with signs of financial pyramids were identified, in the second - 551, in the third - 527.
In the first nine months of 2022, the Central Bank identified more than 3.5 thousand companies with signs of illegal activity in Russia. Of these, about 1.5 thousand companies with signs of financial pyramids, more than 1,200 illegal creditors and over 900 illegal forex dealers.
"The number of identified financial pyramids is much more than in the nine months of last year (424 financial pyramids)," RIA Novosti quotes the words of the press service of the Central Bank of the Russian Federation."
https://tvzvezda.ru/news/20221018633-3ZiF5.htmlAre there a lot of scams in your countries too?
The Central Bank identified more than 5.7 thousand financial pyramids and illegal brokers in 2023
"In 2023, the Bank of Russia identified more than 5.7 thousand pyramids and illegal financial service providers, which is 15.5% more than in 2022, according to the Central Bank’s materials.
“In 2023, the regulator discovered 15.5% more financial pyramids and illegal brokers than a year earlier,” notes the Bank of Russia. According to the regulator, 46% more financial pyramids were identified compared to 2022, and illegal lenders - by 9%. At the same time, the number of illegal participants in the securities market decreased by almost 30%."
