Grandson of Rosgvardia chief defrauds people

The grandson of Rosgvardia chief Viktor Zolotov, Artyom Chekhikhin, is defrauding people. It has emerged that the heir is one of the organisers of the AirBitClub financial pyramid, which promises clients super-profits from cryptocurrency trading.

Participants in the pyramid are promised returns of 0.2 to 1.2% per day. However, judging by online reviews, payments are being delayed.

The scheme has been operating for just over two years. During this time, Artyom has used the money of defrauded investors to attend Cranleigh School (UK), holiday in Courchevel in winter, the UAE in spring, and Sardinia last summer.

For his travels, the young man chooses only some of the best hotels.

In addition, with the money obtained from pyramid participants, 18-year-old Artyom is opening a chain of ID cafés in the Russian capital.

It is no surprise that with such appetites, the maximum participant packages in AirBitClub have grown from $1,000 to several tens of thousands.

Naturally, there is no real cryptocurrency trading involved in this case. This is a typical financial pyramid that will collapse as soon as the flow of new investors decreases.