The investigation is controlled by the prosecutor’s office.
The consumers’ cooperatives offer the citizens to enter the cooperative for a small share contribution and obtain residence at the expense of contributions of other participants. The prosecutor’s office of Astana asks the citizens to “be cautious and careful when concluding dubious deals, related to the acquisition of cheap residence”, the correspondent of the business information center Kapital.kz reports.
The Criminal Code of the Republic of Kazakhstan establishes the responsibility for creation of the investment pyramid, i.e. for organization of activities on obtaining income from attraction of funds, through reallocation of these assets and enrichment of one participants at the expenses of others, without the use of attracted funds for business activities (Art. 217 of CC), according to Kyiv’s prosecutor’s office.
“As of today, Astana’s Department of Public Revenues conducts pretrial investigations, on the grounds of investment pyramid, against the consumers’ cooperatives Single Choice, Free Home, Best Way, Rectangle, EmpyReal Profit, and Dream Life. Now, the criminal investigation body appointed forensic economic examinations, and the investigative actions, aimed at collection of evidence, are being conducted”, according to the statement.
The investigation of criminal cases is controlled by the Prosecutor’s Office of Astana.
The criminal investigation against CEO of the “Common Home” Yaver Mamedov was submitted to the court.