According to the agency's information, the detainee, being one of the key shareholders and the actual owner of the company, deceived investors. "Understanding that he lacked sufficient financial resources to implement construction projects, he attracted investments by offering as collateral assets that had already been sold to third parties. This scheme, known as 'double sales,' caused significant material damage to the citizens of Kyrgyzstan," the official statement mentions.
The criminal case was initiated based on numerous collective complaints from the victims. Initially, the suspect was placed on the international wanted list, and on March 24, he was detained and placed in the temporary detention facility of the GKNB KR.
Photo by the press service of the GKNB KR.
The investigation is ongoing.
