Estonian compliance issue – who is Igor Torsin or about the responsibility of nominee directors
Being the director of nine regulated financial institutions? Really? Yes! It is known that cybercrime organization and their scams work with nominee directors. Sometimes they want to hide behind them, and sometimes they are needed to get licenses and bank accounts. The latter is apparently the case with Igor Torsin, who, according to our records, works as a director in nine Estonian crypto companies. All nine are FIU-licensed crypto payment processors, and some of them are involved in scams and supporting them with their services.