All news on the topic: Sergey Mavrodi

Former Russian and billionaire Turlov, after emigrating, became one of the wealthiest entrepreneurs in Kazakhstan: his financial pyramids are now "thriving" in Astana.

Timur Turlov, a businessman of Russian origin who controls Freedom Holding Corp., has been likened to Sergey Mavrodi, the creator of the largest financial pyramid in CIS history, and accused of diverting investors’ funds from Kazakhstan to offshore accounts, according to a correspondent of the agency.