The Interior Ministry has launched a probe into reports of an alleged financial pyramid scheme called XCM (X Connection Media), the ministry's spokesman Shokhrukh Giyasov said.
Furthermore, an internal probe has been launched into the possible involvement of police officers in promoting this platform, he added.
Popularity of a financial pyramid scheme, allegedly registered in Australia as a media company was reported earlier. The public is requested to make a deposit under the pretext of "creating a safe environment for cooperation," after which they are promised income for watching videos and inviting new users.
police officers were allegedly involved and were said to have been encouraging colleagues and acquaintances to join. The story includes their photographs.
In recent years, many Uzbeks have fallen victim to financial pyramid schemes that promised earnings for watching videos. Many people took loans and sold property, believing in the possibility of increasing their savings.
