Bloggers lure people into S-Group financial pyramid

Well-known bloggers from Kremenchuk are luring gullible people into a financial pyramid. At present, it is known that the following individuals are involved in this: Ilya Kramer, Alena Ishchenko, Serhiy Symianko, Maryna Belova, Maryna Ricci, as she calls herself on social media, and others.

 On their pages, the women urge their followers to join the company “S-Group”, which exhibits signs of a financial pyramid. In other words, people could lose their money at any moment.

The women claim that they have already earned substantial sums by investing their own funds and by building user networks whose deposits generate them additional income.

It is worth noting that “S-Group” is purported to be an international company. However, it operates exclusively in the markets of former Soviet Union countries.

Users are also lured into the pyramid by:  Ilya Kramer, Alena Ishchenko, Serhiy Symianko, 

The company promises investors returns of over 100% per annum, with compound interest. This means the deposit constantly grows. However, to receive income, one must keep the money within the system and not withdraw it. 

It is evident that the profit is merely displayed on the personal account page. This creates an illusion of capital multiplication. But these are virtual figures. Only those at the top of the pyramid and the organisers themselves receive income.

As soon as the flow of new deposits drops to a critical level, all users who have not managed to withdraw their money will be left with nothing. 

One hopes that law enforcement agencies will pay attention to the activities of the company and the bloggers themselves before thousands of gullible people lose their money.

It is worth noting that the bloggers left Ukrainian territory after 24 February 2022 and even visited Moscow, where the investment fund held its events.