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Uzbekistan

Buy a virtual tree today, earn tomorrow? New investment platform raises pyramid scheme concerns

A website operating under Uzbekistan's national .uz domain is offering users daily returns on investments disguised as the purchase of fruit tree seedlings, raising concerns that it follows the hallmarks of a financial pyramid scheme. A Kun.uz investigation identified the platform's developer as Bukhara-based IT specialist Husniddin Rofiyev, who rejects the allegations and insists the project is l

A new investment platform is drawing scrutiny and raising concerns about its resemblance to pyramid schemes, a type of financial fraud that has frequently targeted citizens in Uzbekistan. These schemes typically operate on a consistent model: participants are

virtual orchardsreferral marketingregulatory concernsonline scamuzbekistanfinancial pyramid schemeinvestment frauddiram.uz

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