Nikolai Nikiforov, previously the Minister of Digital Development in Russia, has been charged in absentia for his alleged involvement in the Finiko pyramid scheme, which swindled investors out of 5 billion rubles. According to reports from Kommersant and RBC, investigators suspect that Nikiforov played a key role in organizing the fraudulent scheme. He is now facing serious allegations, including the formation of an organized criminal group and large-scale fraud. The former minister is currently outside the country and has been listed as wanted by authorities.
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Former Russian Minister Charged in Finiko Pyramid Scheme Case
Nikolai Nikiforov, former Digital Development Minister, faces charges linked to the Finiko pyramid scheme that defrauded investors of 5 billion rubles.
Mercation Admin
September 5, 2026 1 min read



