An overwhelming majority of financial pyramid schemes operating in Russia target investors’ crypto funds, according to new data released by the country’s central bank. The Russian monetary authority ...

Police in Russia have arrested an alleged creator of a crypto pyramid scheme from Kazakhstan who was facing an international arrest warrant, Russia’s Ministry of Internal Affairs (MOI) officially ...

(CNN) -- Was it the ultimate adventure or an audacious act of disrespect that should be punished by law? An Internet sensation was touched off this week by Russian photographer Vadim Makhorov and a ...

Russian businessman Sergei Mavrodi, whose MMM pyramid scheme deprived millions of Russians of their savings in the 1990s, has died of a heart attack, according to Russia media. Reports said the ...

Russia’s Ministry of Internal Affairs reported on the arrest of the alleged creator of a crypto pyramid scheme from Kazakhstan. The unnamed detainee is reportedly accused of defrauding investors using ...