TUX scheme: 20 searches in Moldova as fraud probe widens
Law enforcement operations are intensifying in the ongoing criminal case targeting the "TUX" scheme.
On the morning of Friday, November 28, 20 simultaneous searches were conducted across several localities in the Republic of Moldova at the homes of individuals under investigation.
The actions are being carried out by employees of the Prosecutor's Office for Combating Organized Crime and Special Cases (PCCOCS), together with police officers and staff from the "Fulger" Special Forces Brigade. The results of the searches will be integrated into the evidence gathered by the authorities.
Several Moldovans lost money after the online financial investment platform TUX became unavailable. Specialists say the platform, which promised fabulous returns, was, in fact, a financial pyramid scheme.
Only thirteen complaints have been filed by the victims. The National Investigation Inspectorate has identified approximately 50 organizers and promoters of this platform, with another fifty people currently being identified.
The National Financial Market Commission learned about the platform's existence on August 8 of this year and issued a public warning after a few days of verification.
The Head of the General Police Inspectorate, Viorel Cernăuțeanu, stated after the hearings organized in Parliament on November 25 that the number of criminal cases related to different forms of online fraud has increased significantly in recent years, from 450 in 2023 to 950 this year.
The TUX investment platform case reignited disputes between deputies during the Parliament session on Thursday, November 27, after the Socialists requested the establishment of an investigation committee. The parliamentary majority rejected the initiative, citing the low number of reported complaints and damages.
Individuals who declare themselves victims claim that the real losses amount to millions of euros and that thousands of people may have been affected.
Translation by Iurie Tataru
