The Central Bank explained why no published information about «Cerberi» on its website

© RIA Novosti / Vladimir Astapkovich in photobacteria Central Bank of Russia. Archival photoThe Central Bank explained why no published information about «Cerberi» on its website© RIA Novosti / Vladimir Astapkovich the image Bank

The Bank of Russia explained why no published information about «Cerberi» on its website: the regulator does not publish information on existing financial pyramids, and forwards it to law enforcement authorities, said the Director of the Department on combating unfair practices of the Central Bank of the Russian Federation Valery Lyakh in the framework of the online marathon for novice investors.

In late September, the Central Bank said that the regulator gave the Prosecutor’s office and the interior Ministry information about the group of Russian and foreign companies, operating under the brand «Cerberi». The regulator has provided in the activity «Cerberi» «clear signs of financial pyramids». As such, the representative of the Central Bank called the activity based on the principles of network marketing that promises high returns and aggressive advertising in the media and social networks.

«We don’t publish information on current financial pyramids on the website of the Bank of Russia. We immediately, identifying information, send it to law enforcement. Our task in this case — as quickly as possible to stop activity of financial pyramids. We talked about the company that its activities are clear signs of a financial pyramid, in order to protect potential investors from the fact that they invested in the company with obvious signs of a financial pyramid, to have their money was protected above all,» — commented on the situation with «Cerberi» Valery Lyakh.

The «Casbee» positions itself as a p2p investment platform that allows individuals to give the borrowed funds to other individuals. On the platform’s website stated that Arthur Vardanyan owns the idea and all of your sites and products holding. It also includes micro-credit company «Warsaw», OOO «Casbee» and was in 2016 in the UK PLC «Cashbery Limited». The site stated that the head office of the holding is located in Dubai.