A Pavlodar court has sentenced the organizers of the Khas financial pyramid, which defrauded 515 Kazakhstanis of 3 billion tenge by promising annual returns of 70%.
The group’s organizer from North Kazakhstan Region formed the criminal enterprise in 2022–2023, raising funds from residents of Astana, Almaty, Pavlodar, Ekibastuz, and other cities. The court confiscated property worth more than 300 million tenge, including land plots, apartments, and 18 vehicles. The verdict has entered into legal force.
