The Ministry of Internal Affairs of Azerbaijan announced that unknown persons who post on social networks calling for investing money in various financial exchanges and buy cryptocurrencies in exchange for fast high income are arrested.
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According to Haqqin.az in the department, as a result of operational-search measures conducted by employees of the Main Directorate for Combating Organized Crime, Rashid Bayramov and Vugar Aliyev were detained, who abused the confidence of citizens and deceived them in this method.
It was found that these persons, having created profiles on the social network Instagram under the nicknames of Bayramoff_666 and Shahra_MMMC, made false promises that citizens would receive an income on the upward lines, buying and selling cryptocurrency and investing in international Exchange. In order to show themselves to be reliable supporters of the business and create an image of the possibility of obtaining large amounts of profit using this business, Rashid Bayramov and Vugar Aliyev posted ads on the pages of various incentive videos.
The Ministry of Internal Affairs specified that the detainees even created a false idea that they live a luxurious life to gain trust. Both detainees, who thus appropriated the money of more than 100 people, deceived it without making any transactions on international exchanges. It was established that Rashid Bayramov and Vugar Aliyev thus caused damage to citizens worth about 1 million manat.
A criminal case has been instituted on this fact under the relevant article of the Criminal Code. In relation to Rashid Bayramov and Vugar Aliyev, a decision of the court was chosen by a preventive measure in the form of detention.