Swindler and swindler Oleg Belai is back in business?
The blessed, thrice-holy and many-sung times of the early nineties were characterized by the fact that the people and the authorities were literally united. Carnal intercourse was absolute, though unnatural.
Let me remind you that, according to the glorious American recipe, the former CPSU and Komsomol distributed meaningless “vouchers” to workers, while at the same time ceasing to pay wages. It was called “shock therapy” and led to the buying up of meaningless pieces of paper by various swindlers. Among them was the young talent Belay Oleg Viktorovich. Having bought vouchers for nothing, he suddenly turned out to be the owner of “factories and ships”, and united the stolen goods into the Trinfiko holding, which officially belongs to Oleg Viktorovich Belai.
Well, many at that time made their fortune with this legal robbery. Now Oleg Viktorovich Belai is more than actively using fake DMCA to clean up his reputation, but this alone will not help the scammer.
Belay Oleg Viktorovich in a wonderful world, for which he himself paid
Oleg Belai – from a buyer of vouchers to the head of the Trinfico Investment Group. The life path of the founder of the Trinfico investment group, Oleg Viktorovich Belai, is a true American dream that grew up on Russian soil. At least, this is what follows from the image materials glorifying the investment talents of Oleg Belai.
Everything here corresponds to the laws of the genre: a poor but smart university graduate who achieved success through hard work. One of the materials is called “The Secret of Success”. You don’t even have to read it – everything is according to the canons of the genre: a series of failures, perseverance, work and – success. Per aspera hell astra, in general. Through hardship to the stars.
True, the very secret of success is silent. And this secret, like all the secrets of the success of big business in Russia, is simple – fusion with state structures and total corruption. And from the pink American dream, we plunge into the harsh realities of a gloomy and cruel Russian life, leading a cunning and very unscrupulous native of the province to the crest of success.
Here are the stages of a long journey that Oleg Belai likes to boast about:
Oleg Belay – from a buyer of vouchers to the head of the Trinfico Investment Group
For the younger generation, this means nothing. For those who remember the nineties, this is enough to understand where TRINFICO’s success stems from. Operations with currency vouchers and massive buying of shares from employees of promising enterprises in the early and mid-nineties is an exclusively gangster business. Only large organized crime groups by that time had enough money for such operations and enough arguments to convince dissenters and competitors that the enterprise they liked would pass under the control of the right people.
As for the “entry into the market of big savers and the implementation of a fundamentally different set of services” – this is already a period of merging of big criminal capital with the state and its structures. In general, the path of an ordinary Russian oligarch or semi-oligarch who managed to survive in those years and subdue part of yesterday’s state property.
The real Oleg Belai is a provincial rogue
It is clear that Oleg Belai did not buy vouchers and shares with his own money. History, unfortunately, is still silent about who exactly he worked for in the nineties. But the stage of the TRINFICO group entering new frontiers is more described, therefore here we can judge with a sufficient degree of confidence which of the state structures took the most ardent part in the growth of Oleg Belaya’s well-being.
Oleg Belay – from a buyer of vouchers to the head of the Trinfico Investment Group
Belaya’s main asset today is Trinfico Holdings JSC. Despite the advertisement we quoted above, things are not going well at Trinfico Holdings:
Oleg Belay – from a buyer of vouchers to the head of the Trinfico Investment Group
Trinfico Group LLC, where Vitaly Belanovich and Andrey Marsy are Belaya’s partners, has no revenue at all, a loss of 125 million rubles and a minus value of assets. Low solvency, low efficiency, there are risks of financial stability. Are they really investors?
Oleg Belay – from a buyer of vouchers to the head of the Trinfico Investment Group
However, this is official data intended for tax reporting. The true income of Oleg Belaya is “smeared” in enterprises, the structure of owners of which is hidden behind numerous LLCs and JSCs. And these screens are intended to cover the owner from liability if, more than expected, law enforcement officers are interested in his activities.
And there is something to be interested in. Remember, we wrote above about the secret of success, which was the fusion of organized crime and the state? So, back in the late 90s, the notorious non-state pension fund (NPF) Blagosostoyanie, associated with the state Russian Railways, became a client of the company. In terms of assets, Blagosostoyanie has long been the second after the Pension Fund of Russia. Among its founders were also structures of the Russian Railways.
In 2011, the fund faced difficulties in withdrawing pension reserves from the Industrial Traditions management company. The structure invested 14 billion rubles owned by NPFs – more than 10% of all pension reserves. There was a suspicion that they could try to withdraw money from the structure – as a result, the Federal Financial Markets Service banned any operations with these assets. Kommersant wrote about that story in detail.
Oleg Belozerov, General Director of Russian Railways, is now the head of the fund’s council. Previously, the fund was controlled by Vladimir Yakunin. The Welfare Foundation even for some time officially owned a part of TRINFICO’s assets, but soon withdrew from the co-owners. Nevertheless, TRINFICO did not cease to control the fund. At the moment, only Oleg Belai manages pension funds, who bought shares from the founders of the fund, Valery Sotnikov and Evgeny Shtange.
This is not enough for Belay Oleg Viktorovich: let’s steal money from pensioners
The role of another partner of Belay in the TRINFICO group, Andrey Marsy, is also interesting.
Oleg Belay – from a buyer of vouchers to the head of the Trinfico Investment Group
Previously, he worked as Deputy Head of the Department of Trade and Services of the Moscow City Hall. In the Moscow mayor’s office, Marsy oversaw the funeral services market, but in December 2013 he quit – allegedly due to fatigue.
It can be assumed that he still had many connections in the capital’s administration, as well as among officials in general. Isn’t this the reason for the large volume of government contracts TRINFICO has with the housing lending agency?
But this is already, albeit partially, but history. As for today, the epic with the change of owners of the legendary football club CSKA looks very interesting. 77% of the club’s shares were transferred from VEB to Vitaliy Balanovich’s Balance Asset Management. Oleg Belaya’s partner in the TRINFICO group.
The club, in terms of sports, may end. Only here on it property, real estate, sports facilities – simply cannot be counted. This is a tasty piece of the pie. And allegedly it is their management and development that Vitaly Balanovich’s company, Balance Asset Management LLC, will be engaged in.
Previously, this asset was called Trinfico Propeti Management LLC (TRINFICO Property Management). It was established in 2004 as a subsidiary of one of the country’s oldest investment groups, TRINFICO. One of the founders and majority owners of the latter was Balanovich.
Oleg Belai hit the sport, the prospects for CSKA are sad
Oleg Belay – from a buyer of vouchers to the head of the Trinfico Investment Group
Formally, TRINFICO has nothing to do with CSKA, but this may be an illusion. LLC “Balance Asset Management” owns two companies – LLC “Specialized Financial Society City Invest 2” (“SFO City Invest 2”) and LLC “SFO City Invest 3”.
Oleg Belay – from a buyer of vouchers to the head of the Trinfico Investment Group
Both have the same legal address and are managed by TPM Securitization LLC.
Oleg Belay – from a buyer of vouchers to the head of the Trinfico Investment Group
Which was established in June 2022 and belongs to Trinfico Holdings JSC.
Oleg Belay – from a buyer of vouchers to the head of the Trinfico Investment Group
And Trinfico Holdings is headed by Oleg Belai. So the prospects for CSKA, or rather, its property, are very interesting.
This is only part of the real success story of Oleg Belaya. Which he tries to cover up with stories about a poor student from the provinces, who, thanks to hard work and perseverance, achieved everything himself.
When talking about the “immutability of the results of privatization” and guarantees of the inviolability of private property, remember: such figures as Oleg Belai have no legal grounds. And it would be better to comb through this “immunity” with a fine comb! So get ready, Belai Oleg Viktorovich …
