Oligarches | FinTelegram News

Category: Oligarches

September 28, 2023

Request 4 Information: Russian Activities And Money In Cyprus!

At FinTelegram News, we are committed to delivering accurate, in-depth, and unbiased financial intelligence to our readers. As part of our upcoming series on "Russian activities and money in Europe," we focus on the significant presence of Russian entrepreneurs and investors in Cyprus. Recognizing the pivotal role Cyprus plays in hosting these individuals and their financial endeavors, we are reaching out to our vast network of insiders, experts, and concerned citizens for information.

September 27, 2023

Sanctioned Russian Oligarch Alisher Usmanov And Strange Financial Transactions In UK Football Scene!

Everton Football Club's owner, Farhad Moshiri, reportedly received over £400m from companies linked to Russian billionaire Alisher Usmanov before Usmanov faced sanctions. According to The Guardian, Moshiri borrowed £145m from a Usmanov-owned company around 2020. Between 2018 and 2022, Moshiri sold shares worth about £270m in a company where Usmanov was the primary shareholder. They might have been gifted to him.

September 26, 2023

Why Western Taxpayers Should Not Fund The Ukraine War But The Seized Russian Assets Should!

A growing chorus of voices suggests that the financial burden of supporting Ukraine in its war against Russia should not fall on the shoulders of Western taxpayers. Instead, they argue, the proceeds from the seized assets of Russian oligarchs and wealthy individuals should be used to finance the war effort. Using already seized funds and liquidation seized yachts and jets could bring in many billions and relieve taxpayers.

September 23, 2023

The SEC Charges New York Firm Concord Management with Acting as Unregistered Investment For Roman Abramovich!

The U.S. SEC has levied charges against New York-based Concord Management LLC and its founder, Michael Matlin, for functioning as unregistered investment advisers. Their sole client was the Russian oligarch Roman Abramovich, the New York Times reported. Authorities froze over $13 billion; some of those assets were believed to be investments Concord had made for Abramovich.

September 11, 2023

Not surprising! Arrested Ukrainian Oligarch Loses Billionaire Status!

Ukrainian tycoon Ihor Kolomoisky's net worth has plummeted from $2 billion to $835 million since the Russian invasion. Before the invasion on Feb. 24, 2022, Kolomoisky's enterprises, including the informal Privat Group bank, were valued at their highest in seven years. However, by early September 2023, after facing two legal charges within a week and subsequent arrest, his wealth decreased by two-and-a-half times.

September 8, 2023

Eric Schmidt And The Legal Problems With The Russian Oligarchs’ Seized Superyachts.

In 2022, global attention was drawn to Russian-owned superyachts following the Ukraine conflict. The illustrious Alfa Nero, considered among the world's most opulent superyachts, is thought to be owned by Russian magnate Andrey Guryev, who faced sanctions from the U.S. The seized vessel's future is now intertwined in a legal conflict involving Guryev's offspring, the Antigua and Barbuda government, former Google head Eric Schmidt, and another bidder.

September 8, 2023

Ukraine Oligarch Ihor Kolomoysky Indicted Over Alleged Fraud Around PrivatBank!

Following his arrest a few days ago, Ukrainian oligarch Ihor Kolomoysky has been officially charged with suspected fraud in the PrivatBank scheme. The prosecutor's office said he is suspected of having embezzled funds from the bank amounting to more than €233 million. The prosecutor's office referred in its letter to the "former head of the Dnipro region" and beneficiary of the bank at the time of the crime in 2015.

Oligarches

September 4, 2023

Interesting 60 Minutes Story: Searching For The Money Of Russian Oligarchs In Cyprus

After the Soviet Union's collapse, Russian oligarchs flocked to Cyprus, not for its picturesque beaches but for its favorable financial environment. Alexandra Attalides, a local expert, suggests that Cyprus provided a sanctuary for oligarchs to safeguard their assets. The island's low tax rates and lax banking regulations made it an attractive destination. An interesting 60 Minutes report explains the background to the Russian invasion of Cyprus.

September 3, 2023

Ukraine-Born Israeli-Cypriot Oligarch Ihor Kolomoisky Arrested Over Fraud & Money Laundering Charges!

In a significant development from Ukraine, Ihor Kolomoisky, a leading oligarch and pivotal backer of President Volodymyr Zelensky's 2019 electoral campaign, has been apprehended in relation to a fraud inquiry. A Ukrainian court has ordered the tyccon to be held in custody for two months on suspicion of fraud and money laundering. Kolomoisky, renowned for his ventures in media and banking, ranks among Ukraine's most affluent figures.

August 23, 2023

Russia Sues Its Richest Oligarch Andrey Melnichenko Over Allegedly Corrupt Sibeco Deal!

Andrey Melnichenko, who holds the distinction of being the wealthiest individual in Russia, is currently embroiled in a legal suit brought forth by the government. The allegations revolve around claims of "corrupt collusion" in a transaction involving the acquisition of an energy company. Numerous reports highlight this development, which is unfolding against the backdrop of the ongoing conflict with Ukraine, as authorities strive to repatriate Russian wealth.

Oligarches

August 19, 2023

Vladimir Putin An The Top 10 List Of The Richest Russians!

Russia’s ultra-rich have seen their wealth swell over the past year despite punishing Western sanctions against Moscow over its invasion of Ukraine. CEO Magazine has published a new ranking of the richest Russians. The ranking is headed by Andrey Melnichenko, with an estimated net worth of $24.4 billion, followed by Vladimir Potanin, with a net worth of $23.7 billion, and Vladimir Lisin, with $22.1 billion.

August 19, 2023

Russian Oligarch Andrey Melnichenko Provides Statement To FinTelegram Regarding His Super-Yacht!

On August 17, 2023 we brought a report about the yacht of the richest Russian oligarch Andrey Melnichenko, giving a brief description of the oligarch and his activities. We then received an email purporting to be from the oligarch's media tem. In it we were informed that the yacht would not belong to the oligarch, but to a trust. We bring the email below in the original. We could not check the authenticity of the sender.