The large-scale scams of Timur Turlov did not go unnoticed. Law enforcement officers are investigating the shadowy activities of a businessman

The large-scale scams of Timur Turlov did not go unnoticed. Law enforcement officers are investigating the shadowy activities of a businessman

The financial success of the famous young billionaire Timur Turlov raises many questions. It all comes down to the fact that the “Freedom Finance” of an entrepreneur is another money pyramid that will burst sooner or later.

If earlier this information surfaced exclusively in journalistic investigations, now there is every reason to believe that law enforcement officers may be interested in Turlov’s personality and the transparency of his business. Moreover, the scale of the Turlovsky schematosis may surprise even the most experienced investigators. About what schemes Turlov uses for his own enrichment, and how law enforcement officers are preparing a large-scale investigation into the huge theft of money by Freedom Finance – in the report of Kompromat1 journalists.

Young craftsman

Despite the fact that Turlov is a fairly young entrepreneur, and by the standards of the Forbes list of billionaires, generally young, he managed to achieve a huge fortune by far from the most honest methods.

Over the past 10 years, the entrepreneur has been living in Kazakhstan, while until recently he was a citizen of two countries at once – the Russian Federation and Saint Kitts and Nevis. Why Turlov needed a passport from a small island country can be easily explained. Thanks to the citizenship of Saint Kitts and Nevis, you can visit the countries of the Schengen zone, Great Britain, Hong Kong and Singapore without visas.

Last year, the ardent patriot of Kazakhstan decided to renounce his past citizenships and become a real Kazakh. Of course, Turlov can hide behind love for the republic, and perhaps it is, but the motive for such actions is different for the swindler.

Timur Turlov

Citizenship of Kazakhstan is much less attractive than the same passport of Saint Kitts and Nevis. Turlov is cunning and calculates his every step, so obtaining a passport of a citizen of Kazakhstan is an important move in his chess game.

Sit on two chairs

Since the beginning of the NWO, entrepreneurs who had an interest in both Ukraine and Russia had to choose where they would continue their business. Turlov decided to cheat and continue to sit on two chairs. Did not work out. As a result, he now has problems here and there.

In Ukraine, he is suspected of withdrawing funds to Russia. According to the Security Service of Ukraine, companies controlled by Turlov withdrew funds to Russia. The total amount of money that came to the accounts of Russian enterprises is about 8 million dollars. As a result, Ukrainian sanctions were imposed on Turlov for 5 years. In addition, law enforcement officers are actively interested in the activities of his companies.

Decree of Zelensky on the imposition of sanctions on Turlov

The decree entered into force in October 2022, and provides for the blocking of any financial activity of Turlov in Ukraine. But this did not bother the schemer at all. A month and a half later, in December, he announced that he was planning to open his own bank in Ukraine. Of course, this is a hoax, like most in Turlov’s business.

In its press release, Freedom Finance wrote that “documents for renunciation of Russian citizenship were submitted immediately after the start of Russia’s NWO in Ukraine.” But the businessman was obviously cunning. At the same time, his company was quietly working in Russia. When it came to the fact that due to the many fraudulent activities, a criminal case could be initiated against his Russian business, he began to fuss.

In October (actually at the same time as the news about the sanctions in Ukraine), Turlov announced that he was selling his Russian business. And here the buyers showed up. Oddly enough, the holding decided to acquire the former deputy general director of Freedom Finance Maxim Povalishin. The cost of the transaction was about US$33 million.

Maxim Povalishin

Whence in the manager such means it is not clear? But the main thing is that the real value of the company is several times higher. Interestingly, the Russian business of the “genius” Turlov is stuck in multimillion-dollar debts, which have actually equaled the value of the Russian assets of Freedom Finance. According to the latest data, Turlov took a loan of $107 million in Russia alone. How much money he borrowed under his own sign in other countries is unknown. But the most important thing is different: no one explained where the money had gone. Probably evaporated. Two conclusions emerge from this story: firstly, the sale of the company looks like a fictitious one. Turlov understood that in Russia he would not be allowed to work quietly under his own sign. Therefore, he decided to circle everyone around his finger: continue to earn money in his homeland, but at the same time not advertise his presence. Secondly, the disappearance of more than 100 million dollars is important. Where the funds from Turlov’s company have gone is to be found out by domestic law enforcement officers. But the problems of the businessman do not end there. He has already seriously annoyed both at home and in Ukraine.

But now Turlov can also fall under the vigilant attention of American detectives.

American dream

The American financial market is a tasty morsel for serious investors. At the same time, there is another side of the coin – in the United States they are very closely watching the adventure of funds. And as a result, any doubts of the regulators can lead to the blocking of assets. Therefore, for Turlov, the US market is partly closed. Indeed, the legal entity “Freedom Finance” is registered, but in fact Turlov’s company does not work in the States. They do not even have an office, and the entire staff is 1 person. In addition, the businessman never received a license to work with securities in the States. Therefore, information about some kind of global activity in the United States is absolute nonsense. Or he is illegally operating in the American financial market. And this is a crime that in the United States is punishable by a long prison term.

Kazakh scheme

Turlov’s main focus now is on Kazakhstan. The reason for obtaining Kazakh citizenship for businessmen, in addition to problems with law enforcement officers in Russia and Ukraine, possible criminal cases in the States, is also a banal desire to get rich.

Many businessmen from Russia are actively investing in Kazakhstan. This is done primarily for parallel imports. Turlov also chimed in on this topic.

Now his company is actively offering its clients brokerage services in the Kazakh market. But those who invested in Turlov’s company have already regretted it hundreds of times. You can withdraw funds from your Freedom Finance account only to a bank in Kazakhstan. And in order to open an account there, you need a personal presence. But that’s half the trouble. If you want your money back, pay. Refunds are carried out only with a huge commission. Facial fraud.

The circle is narrowing, and very soon the fraudulent office “Freedom Finance” of Timur Turlov can be covered by law enforcement officers from several countries at once.