The government intends to deal with the financial pyramids law
First Vice Prime Minister of Ukraine said activation of fraudulent schemes in the financial market and the government plans to end the organization "pyramidal" mechanisms of deception citizens. So, Sergei Arbuzov said that the fight against pyramid schemes in law has just begun. "The parliament is registered in the near future, I hope, will be voted the bill" On the prohibition of pyramid schemes in Ukraine. " The purpose of the document - to protect citizens from fraud, operating on the financial market and the number for which the crisis has increased dramatically. To prevent fraudulent schemes, the bill introduces criminal liability for those who create financial bubbles, including imprisonment for up to eight years, "- he stressed.
As the press service of the first deputy prime minister, the government is closely monitoring the situation in the market and is actively working on measures to counter criminal business adaptation to legal methods of combating financial fraud.
"The law will be the basis, the foundation for the system and operational control with the development of criminal business. The government already has a reasonably constructive work with business associations and the public to stop any possible methods of financial fraud Ukrainians, "- he said.
According to Arbuzov, at this stage, the government is working to create an effective legal structure to prosecute the organizers of the "e-MMM", which exist only virtually. "This is a difficult question, because such schemes are based on electronic money, the organization is not legally registered anywhere, depositors' funds do not become the property of the organizer, and stored on their personal accounts or accounts with intermediaries," - said the first deputy prime minister.
"I can assure that honest entrepreneurs who work in the financial market will not be affected. I am confident that by establishing clear rules of the game in the financial services benefits both business and the state, "- he concluded.
