STOP MFI | Presidential Administration concerned about the "Alem Credit" issue
On 29 May 2026, at the invitation of the Administration of the President of the Republic of Kazakhstan, a working meeting was held with Yuriy Lee, founder of the Stop-Piramida.kz project. The discussion focused on citizens' complaints and concerns related to the activities of the "Alem Credit" platform.
Representatives of government agencies, including the Agency for Regulation and Development of the Financial Market, the Agency for Financial Monitoring and the Prosecutor General’s Office, took part in the meeting. Following the discussion, the relevant authorities were instructed to promptly review the situation. Citizens were also warned not to transfer funds to third-party bank cards listed as loan repayment details on the "Alem Credit" platform.
