Ukraine authorities have taken action against Forex Trend Limited, which they accuse of running an international forex pyramid scheme, that has robed several thousand Ukraine and European Union citizens of 12,5 million USD.
The Security Service of Ukraine (SBU), the main security agency in the country, announced on Tuesday that it has blocked all known assets of Forex Trend Limited, after conducting a series of raids against offices of the scammers and their associates in Kyiv, Zaporizhia, Dnipro and Kharkiv region. SBU managed seize evidence in the form of documents, fake seals and digital storage media, as well as cash received from a transaction, gold bars, gilded watches and guns.