Financial Security – “No Place for Financial Pyramids!”

On May 6, 2026, Senior Lecturer of the Department “History of Kazakhstan and Socio-Political Disciplines” L.T. Makhatova held a round table discussion with first-year students of the “Medicine” educational program (international students) dedicated to issues of financial fraud among young people and the prevention of financial pyramids.
The aim of the event was to increase the financial literacy of young people, to familiarize students with the signs of financial fraud and pyramid schemes, to teach international students precautionary measures, as well as to develop skills for safe personal financial management and strengthen their legal and financial culture.
During the round table, it was noted that financial security is one of the most relevant issues in modern society. Senior Lecturer L.T. Makhatova explained in detail the main signs of financial pyramids, emphasizing that such schemes most often attract citizens with promises of “high income,” “risk-free profit,” and “quick wealth.”
Students were informed that such fraudulent schemes typically operate as follows: at the initial stage, a small number of participants may indeed receive payments; however, later these payments are made using funds contributed by new participants. Eventually, when the inflow of new funds stops, the majority of investors lose all their money.
The event also covered types of online fraud. Special attention was given to suspicious links distributed through social networks and messaging apps, fake investment platforms, and online trading scams. The importance of protecting personal data was emphasized, including the inadmissibility of sharing bank card details and confidential codes with third parties, as well as the necessity of verifying any questionable offers.
Participants were given situational tasks based on real-life cases, where they analyzed potential risks and discussed appropriate decision-making strategies. This helped deepen their understanding of the topic and develop practical skills.
In conclusion, the organizers noted that improving financial literacy is a key factor in ensuring the safety of every citizen and building a sustainable future. Students were advised to remain vigilant and critically evaluate any financial information. The round table was held at a high level and proved to be both useful and informative for all participants.