XCM financial pyramid is being investigated

In Uzbekistan, an investigation has been launched regarding the alleged financial pyramid scheme called XCM (X Connection Media). This was reported by the spokesperson of the Ministry of Internal Affairs of Uzbekistan, Shohrux Ghiyosov.

The Ministry of Internal Affairs has also ordered an internal inspection to look into the participation of law enforcement officers in promoting this platform. Previously, Kun.uz had reported about XCM’s activities.

It is actively being advertised in workplaces, and some law enforcement officers, believing in the reliability of the project, have also encouraged others to join. To participate in the platform, people are required to make a deposit and are promised easy earnings by watching videos and inviting new participants.

Some citizens, believing these promises, have either taken out loans or even sold their property and joined the project in hopes of increasing their money. Read “Zamin” on Telegram!