Timur Turlov cleans the Internet from his criminal biography: but the truth has surfaced
Recently, the media once again began to actively discuss the Freedom Finance pyramid scheme. Only if earlier the independent press simply informed about swindlers, then this time it is no longer about warnings, but about the consequences themselves, writes kompromat1.
So, the assets of the Ukrainian clients of this office were blocked. What will happen to their blocked funds? What is generally known at the moment in connection with the current situation?
This international broker was under sanctions along with its owner. As a result, the client accounts of a bunch of Ukrainians were blocked, who fell for Turlov’s financial pyramid.
So what happened? Let’s sort it out in order.
Timur Turlov. This has been going on for a long time!
A few weeks ago, the National Commission for Securities and the Stock Market suspended the license of the brainchild of Timur Turlov, an international swindler. We are talking about the resolution of the Commission, adopted in the course of securing sanctions and implementing the decision of the National Security and Defense Council of Ukraine dated 10/19/2022.
UAH 3.5 billion of Ukrainian investors were blocked by sanctions against the odious billionaire and swindler T. Turlov
Recently, even such a popular international publication as Forbes became interested in this scandalous company and its odious owner.
And what is the situation we are seeing at the moment? In Ukraine, as a result of the long-awaited decision of the National Security and Defense Council, billions in assets of the odious international schemer Timur Turlov were blocked. This criminal character with ex-Russian and Kazakh citizenship has long been under the gun of law enforcement because of his large-scale schemes.
So, the service of the National Security Service of Ukraine blocked 3.5 billion hryvnias, which relate to this character and his financial pyramid. We are talking about 12,800 securities accounts for the above amount.
And what will happen to the money of depositors and their frozen accounts
A press release has been posted on the Freedom Finance Ukraine website, in which they are trying in every possible way to reassure depositors in words. But what will happen to the money?
In fact, the sanctions hit, first of all, the clients of this office, that is, individuals, and not the founders themselves. One of the members of the National Securities Commission spoke about this in an interview with Forbes magazine incognito.
Thus, clients lost not only access to their securities, but also, directly, to the money in their accounts. Although Freedom Finance Ukraine itself states that all client assets remain the property of these people and continue to be accounted for accordingly. Also, the CEO of this dubious organization, Marina Bartoszek, said: they say, clients are “with understanding” about the current situation, they did not have any “crisis precedents”. Well, this is hard to believe. But even if, indeed, there have not been such precedents yet, they will definitely be. To believe in a different development of the situation under the current circumstances would be, at least, stupid.
Timur Turlov. What is known about the main financial fraudster and the creator of the financial pyramid Freedom Finance?
Timur Turlov, 35, is a very wealthy businessman, a dollar billionaire who has been badly hurt by his former Russian citizenship.
At the moment, not only his Ukrainian broker “Freedom Finance Ukraine” fell under the sanctions, as we already wrote above, but also the entrepreneur himself. In particular, Timur Turlov is under the sanctions of Ukraine, according to the Decree signed by Vladimir Zelensky dated October 19, 2022 under No. 726/2022.
And what will happen next?
According to the global ranking “The Worldʼs Real Time Billionaries” of the popular Forbes publication, Timur Turlov’s fortune is estimated at $2.7 billion.
In this world ranking of the rich, he now occupies 1292 place. In the world! Just think about how much money this international swindler-entrepreneur has, how many people who want easy money he swindled …
He acquired such a huge fortune due to the fact that he acted as an assistant in securities trading on the world’s stock exchanges. The now sanctioned Timur “helped” people from the CIS countries to get rich. In most cases, we are talking about Russians and Kazakhs.
Now the scandalous entrepreneur, who has been living in Kazakhstan for the past ten years, is trying in every possible way to renounce his ties with the Russian Federation. So, Turlov publicly refused a Russian passport, and also announced that he was selling his business in Russia to local management.
And finally
For Turlov’s holding, the current situation could be a very tangible loss. To understand the scale of possible future problems, here are some numbers. Thus, the total number of client accounts of the Freedom Holding corporation is 475,000, but only in the territory of the Russian Federation the client base of the holding has 170,000 people. By the way, it was in Russia that Timur Turlov, being a native Muscovite, created his scandalous offspring Freedom Finance, which, in fact, is a banal international financial pyramid.
To be continued…