Tashkent, Uzbekistan – Podrobno.uz. The Yakkasaray District Criminal Court, presided over by Judge Bakhodir Kayumov, has concluded the high-profile case against the leaders and employees of 'Credit House' and 'In Fin Stroy Invest'. The court handed down sentences to the participants of a financial pyramid scheme that defrauded hundreds of citizens seeking affordable housing.

The scandal erupted in February 2025. The companies acted as intermediaries, purchasing apartments from developers and reselling them to the public on attractive long-term installment plans. In reality, however, investors' funds were embezzled. According to the Investigation Department of the Ministry of Internal Affairs, over 860 individuals have been recognized as victims, with total damages exceeding 182 billion soums.

The court imposed real prison terms on the main defendants. Dmitry Bazhenov and Bakhtiyer Amzayev were each sentenced to 9 years. Bakhrom Khikmatullayev, Gayrat Mirkamolov, and Shukhrat Makhamadov received 8 years and 1 month. Alisher Shamsiddinov was found guilty of fraud and fined 234.5 times the base calculation value. Klara Tolipova, Robiya Galyamova, and Shoira Rakhimova were given 6.5 years of suspended imprisonment with a 3-year probation period.

In addition to imprisonment, the court focused on compensating material damage. To cover debts to the defrauded citizens, two Toyota cars belonging to Bazhenov and Shamsiddinov (worth 681 million soums), as well as Makhamadov's Spark (93 million soums) and Mirkamolov's Cobalt (126 million soums), were confiscated. Funds remaining in the companies' bank accounts will also be distributed among the victims.

Source: podrobno.uz