The former head of the Ministry of Telecom and Mass Communication of the Russian Federation, Nikolai Nikiforov, is accused of creating a criminal community and stealing 5 billion rubles through Finiko's financial pyramid, TASS reports. According to the researchers, the project promised investors a return of up to 25% per year, and about 8 thousand people are victims in the case. The former minister, who left his post in 2018, was put on the wanted list in September 2026 and arrested in absentia. The stolen funds were transferred abroad through the Innopolis architect company, which he co-owns.

The former head of the Ministry of Telecom and Mass Communication of the Russian Federation, Nikolai Nikiforov, is accused of creating a criminal community and stealing 5 billion rubles through Finiko's financial pyramid, TASS reports. According to the researchers, the project promised investors a return of up to 25% per year, and about 8 thousand people are victims in the case. The former minister, who left his post in 2018, was put on the wanted list in September 2026 and arrested in absentia. The stolen funds were transferred abroad through the Innopolis architect company, which he co-owns.