One of the leaders of the TOST pyramid arrested in Azerbaijan, another put on the wanted list, and embezzlement of 5 million manats revealed

Based on the information received by the Main Directorate for Combating Cybercrime of the Ministry of Internal Affairs of Azerbaijan about the mass deception of people and the embezzlement of their money on the TOST platform, an investigation was conducted, APA reports with reference to the Ministry of Internal Affairs.

As a result, one of the leaders of the pyramid, Namig Jabbarzade, born in 1981, was detained, Sahib Huseynov, born in 1989, was put on the wanted list, since it was established that he is outside the country.

Jabbarzade and Huseynov appropriated citizens’ money in the amount of about 5 million manats. These funds were transferred by the leaders of the group to electronic wallets after they were converted into cryptocurrency.

The Ministry of Internal Affairs reported that victims of the fraud of the TOST pyramid can contact the police.

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