Ukrainian dollar millionaire Vadim Mashurov has been declared wanted in Kazakhstan.

The search was initiated by the Financial Monitoring Agency (AFM). A pre-trial investigation is being conducted into the creation of the financial pyramid Sincere Systems Group LTD. Vadim Mashurov is a professional investor, financial analyst, develops projects in the field of crypto exchanges, and also founded the company Instime.World (a service for monetization and promotion on Instagram).

In short, the young man’s merits are countless. Vadim Mashurov is especially proud of the S-group or Sincere Systems project. As the developer himself states, the main idea of this project is to earn money on stock exchanges without knowledge and skills. The program is a kind of bot that can independently close transactions, place an order, manage capital and, as a result, bring the desired passive income. In general, an entrepreneur’s dream. The minimum deposit of such a bot is $100, and the amount collected during the work has already exceeded $35 million.

Representatives of the S-group company promised investors high returns (more than 70% per year), and also provided a guaranteed income of 5% of the amount in case of attracting potential investors. Surprisingly familiar motives, aren’t they? The Sincere Systems company is on the list of projects with signs of a financial pyramid, for which the AFM has launched a pre-trial investigation.

In addition, Mr. Mashurov is wanted in Ukraine under three articles: extortion, illegal deprivation of liberty or kidnapping of a person, and illegal seizure of a vehicle. We remind you that the financial pyramid is distinguished by the lack of documents, incessant calls to attract new participants, the absence of an actual product, and the lack of detailed information about the project’s work process and its profitability.

Let us recall that earlier the AFM for Almaty region conducted a pre-trial investigation into the illegal activities of the online casino 1WIN, as a result of which four organizers were put on the international wanted list, and cash and property worth 1.5 billion tenge were seized.