The Department for the Consideration of Particularly Important Cases of the Main Investigative Committee of the Russian Federation in the Perm Territory is considering the materials of the criminal case on the fact of fraud during the signing of securities on loans to the company of the group of firms “Vitus”.
LLC “Investment Company Vitus” organized a number of legal entities that took shares from citizens, and then isolated funds as a result of the sale of securities. In total, about 1.5 billion RUB were stolen from the population, and the number of affected clients reaches 386 people.
The investigation of the materials of the criminal case is coming to an end due to the theft of large sums of money. The defendants in the case are 3 firms: IC Vitus, Vitus-Investments, Vitus-Profit. Accusations were brought against the businessman from Kaliningrad. It is Dmitry Popov, who went bankrupt in the summer of 1919. Prior to that, he was the joint owner of IC Vitus, but in the 18th year his share was sold. Omitting that Popov received 600 million RUB from Profit Plus, according to the case file, he was charged in relation to 300 million.
IC Vitus has been operating in the Perm Territory since 1992. The founders of the organization were the Chernov brothers and Sergey Brovtsev. During the first years, the owners of IC Vitus changed
Thus, in the 13th year, the Chernovs sold their shares to a number of entrepreneurs from Perm: Korolik, Pishchalnikov (head of the board of directors of the Krasnokamsk metal mesh plant) and the current 1st deputy of Perm Khairullin.
The same year he gave an interview to the business world, in which Korolik makes a statement that IC Vitus is a large company in the region, providing clients with unlimited financial horizons.
It is believed that, based on the work of the firm, a set of financial instruments is created that helps to create relevant ways of generating income for clients. Thus, Vitus companies have prepared and are ready to demonstrate an interesting sales package. It appears to be a popular currency scheme, where a person can hold about 6 percent a year in foreign currency by implementing a simple form of the scheme. If you use more sophisticated equipment, you can purchase several instruments and have about 12 percent a year in foreign currency. Plus earnings give the difference in exchange rates.
There is information according to which in the future the list of founders was supplemented by businessman Sumenkova, Troshkov and the company “Makebridge Holdings LTD”, which carried out registration under the jurisdiction of an offshore company in Belize. Prior to this, the company “IG Free Capital” left the founders.
Further, in 2014 Troshkov sold his share, and after him Khairullin left the company. This makes us understand that the shares of other founders have grown: Pishchalnikov, Korolik and Sumenkova. By 2015, the founders began to include new entities: Megastroy LLC. Its leader was Makarov, who previously managed a subsidiary of Vitus-Profit LLC.
It didn’t take long for the founders to lose Pishchalnikov and Korolik, who sold their shares to a certain offshore company from Seychelles – Ruby Capital Corporation.
After a short period of time, in 2016, the founders lost Sumenkova’s membership. Her share was sold to Khairullin and Vorobyov. Sumenkova followed her and pulled Makarov, who left the company. And there it took six months for Khairullin to leave the company. The shares were acquired by Popov and Oplanchuk. However, after a little less than 2 years, they left the company. The month of February gave the company a new founder – Volga Capital PJSC.
Assessing the state of the company as of 15.06.2021, the founders of the company include PJSC Volga Capital, Makebridge Holdings LTD, Ruby Capital Corporation. The predominant stake in PJSC Volga Capital is 43.56 percent.
Attorney Tola, who represents the interests of the victims, it was Vitus Investments that took the securities of citizens by concluding loan agreements, then the securities were placed in IC Vitus for a year with an interest rate of 2.5-3.5 percent per annum. Branches of the organization were located in Solikamsk and Berezniki. Accordingly, mainly the inhabitants of the Kama region suffered from the actions.
Based on 2014, then Profit Plus and Vitus Investments signed loan papers for the transfer of a promotional package valued at RUB 2.7 billion.
According to available data, Vitus Investments is a subsidiary of IC Vitus, and LLC Profit Plus is a former subsidiary. We also note that the founders of “Vitus Investments” are the same people who founded the IC “Vitus”. These include Korolik, Vorobyov. Note that Korolik is listed as the head of another company – “Profit Plus”.
Another company affiliated with IC “Vitus” is the society “Third Rome Financial Services”. Among its founders we can see the ex-owner of the investment company “Vitus” Oplanchuk. It is surprising that the “daughter of the Third Rome Financial Services” is the Profit Plus society.
So, the company of IC “Vitus” vehemently shares advertising, which is aimed at attracting shares from citizens. If citizens had any clarifications about the appearance in the documents of other firms, then they were given explanations according to which these companies were “daughters” of IC “Vitus”, therefore their presence in contracts is a formality due to the fact that IC “Vitus” license allows you to carry out the entire array of actions.
The transfer of securities was carried out through a guarantee of return and payment of interest for their use. Then it turned out that the promotional packages for 382 contracts in the company “Vitus Investments” were transferred to “Profit Plus”. This can be learned from the information in the statement of “Vitus Investments”, where Dmitry Kurilov acted as the liquidator. The amount of claims of creditors “Profit Plus” amounted to a little more than 1.5 billion RUB, where more than 99 percent was the amount of the principal debt on loans.
Note that Kurilov is the liquidator of Vitus Investments, as well as the general director of the Third Rome Financial Services. In addition, Kurilov holds the post of chairman of the board of directors of Volga Capital, i.e. this suggests that Kurilov may be one of the interested parties.
Tola says there is a scheme to cash out the money of the population. It represented the following scam: Citizens brought securities to Vitus Investments. The firm redirected the securities to Profit Plus, and the shares were sold on the floor (exchange). The money, respectively, was withdrawn to accounts belonging to Popov. In the case when it was necessary to report to the citizens, IC Vitus provided information about the amount of Profit Plus shares required for the purchase. The shares that were purchased could be seen on the clients’ accounts, as “IC Vitus” provided clients with account information. This helped the company to keep the state of affairs afloat for a long period of time.
Having a conditional agreement on the migration of money between IK Vitus and Profit Plus, the companies suggest that in the 20th year IK Vitus made an application to the arbitration court in order to recover over 390 million RUB from Profit Plus. In the trial it was possible to establish that between the firms were signed papers on the provision of brokerage services, dated December 26, 2012 and June 13, 2012. Studying these contracts, we can conclude that IC Vitus gave money to Profit Plus for closing deals.
In response, Profit Plus made an appeal to the court, demanding that Popov be included in the register of creditors. It was to him that the firm gave money. This can be seen from the documentation of the arbitration court for the Kaliningrad region. Loans in the hundreds of millions were transferred by the firm to an individual without even the slightest collateral.
In the future, there was a demand to include Popov in the register of creditors, but the demand had already come from the subsidiary company Vitus Investments. The court records indicate that the subsidiary transferred about RUB 3 million to Popov. However, no one returned them. Studying Popov’s accounts, it was possible to find out that all funds were sent at a time to an account with Volga Capital in order to pay off the payment of the innovation. Other amounts were cashed in the nearest ATMs.
The license was revoked by the Central Bank in 2019, at which point all payments under the agreements ended.
The license was revoked due to the fact that in the activities of firms there were repeated frauds with legislation in relation to securities.
Speaking about IC Vitus, we note the decision of the expert council regarding significant market deviations, which was made on the basis of a specific request from PJSC Moscow Exchange. Then it was possible to identify significant deviations from the cost and volume of the trading procedure for the majority of the fund’s shares, which were concluded between IC Vitus and other legal entities. The process of pricing in relation to shares of funds during the bidding procedure requires special attention, since it carries an artificial background. For this reason, Capital City is constantly selling shares in IC Vitus at a significantly low cost, and acquires at a high price. It doesn’t have any kind of economic logic. Such information is contained in the petition that was submitted by the victims to the Main Investigation Department of the Ministry of Internal Affairs.
According to the judicial acts, it was possible to establish that the firms that purchased the shares of IK Vitus – the companies Capital City and Real City – had the same ip-addresses. And the gap in the time interval for placing orders and the number of rations is too minimal. This suggests that firms are connected.
In addition, the victim says that the company neglected the law in the process of carrying out its activities. For example, the victim signed the order to transfer the promotional package on 10/08/2018, and this order was registered on October 9. According to the law, this cannot be so, therefore this indicates that there were simply no shares on the victim’s account on the day of her statement.
11 days after the license was revoked, PJSC Bank Trust applied to the court, which filed for Papov’s bankruptcy. According to the decision of the Arbitration Court of 10.02.2020, Popov got into the process of selling the property. In this case, a bankruptcy administrator was appointed, who was Aglaya Lyasman. It was she who found the chain of transfers between Popov, his wife and third parties.
07.07.2020 IC Vitus sent a statement that declared Profit Plus bankrupt. At that time, the person who was the interim manager made conclusions about the unsatisfactory structure of the company’s balance sheet, and the company was completely insolvent.
Volga Capital PJSC was also involved in the bankruptcy procedure; it is also one of the founders of IC Vitus. On February 27, 2020, the consideration of a bankruptcy petition by the Arbitration Court, filed from Trust Bank, began.
Profi Plus was jointly declared an insolvent organization. The complex procedure of bankruptcy proceedings began, and Bezdenezhnykh was appointed as the manager.
Thus, Vitus Investments was declared bankrupt on 03.12.2020. This case was initiated by the creditor Gorch. She, according to some information, is the sister of the mother-in-law of the head of “IK Vitus” Baltachev. She wrote an appeal to the court, where she stated that it was necessary to declare “Vitus Investments” bankrupt. In addition, there was a proposal to appoint Lyadov as an arbitration manager. The substantiation of the claims was referred to the order that it is necessary to collect 300,000 RUB from the debtor at the expense of the applicant. The order was issued by the Leninsky District Court. The court omitted this information and did not take into account the affiliation of the creditor in relation to the debtor. The court made an appeal to the SRO and as a result appointed another bankruptcy trustee – Komonov.
So, on June 19, 2020, an application for bankruptcy of “IC Vitus” was received from the lawyer Kutovoy. He probably had connections with the firm, due to the fact that multiple representations of their interests in court were noticed, as well as the interests of Baltachev directly in other disputes.
In addition, Kutovoy’s petition for the bankruptcy of IK Vitus was not accepted in court due to the fact that the company is listed as a financial institution in which all control decisions are made by the Bank of Russia.
To date, the Arbitration Court is examining the claim of the Central Bank on the liquidation of the Vitus Investment Company. IC Vitus, due to the fact that it is not interested in the liquidation process and further declaring the company bankrupt under the leadership of the Central Bank, burdens the legal proceedings. In particular, the petition of IC Vitus was aimed at attracting foreign founders of IC Vitus to the case, and it is not possible for the court to notify them, and accordingly – to begin the consideration of the case. All these problems drag out the moment of liquidation and bankruptcy of the company, so it is not possible to consider its documentation. This follows from the information of the victims.
However, this information is considered unreliable, especially in the second half of the text regarding the issue of attracting foreign companies to the Central Bank’s statement of claim on liquidation proceedings, – comments Kutovoy. He is the representative of IC Vitus in the arbitration proceedings. Indeed, a similar appeal was filed, but it was returned and not accepted for production. Speaking about the Central Bank’s claim, its consideration continues to this day. Kutovoy says that there is nothing more to discuss – the Central Bank wants to liquidate IK Vitus, but the case is under consideration and there is simply nothing to comment on.
If we consider the relationship between Kutovoy and Baltachev in court and any possible interest in the case materials, then the lawyer makes it clear that at the moment there are no court cases against Baltachev.
Tola comments that the situations of bankruptcy of several companies in any case have a connection with IK Vitus, since you can see the same bankruptcy scheme through third parties.
Taking into account the words of the victims, until the investigation is over, the question for the investigation will not be removed, although there are several days left. For example, the victims received a refusal in the process of seizing the electronic archive of information from the IC Vitus depository, as well as the request for information from the MICEX exchange was refused.
But the electronic archive is of great importance, as it contains information about any operational actions regarding customer shares with the date and basis of payments. This would make it possible to close some issues on the theft of securities.
More than once, the victims wrote appeals and petitions to the senior investigator at the State Investigation Directorate so that the investigation was carried out objectively and all the persons involved were brought to justice, not only the owner of IK Vitus, Popov. So, it was proposed to involve Baltachev. On September 23, 2019, the Bank of Russia checked it and concluded that there were gross violations, which led to the cancellation of Baltachev’s qualification certificate, confirming his qualifications as a financial market specialist.
The victims are planning to call the President of the Russian Federation on a direct line so that they can attract the attention of state bodies at the federal level.
The regional department of internal affairs has confirmed that there is such a case; operational and investigative measures are being carried out on it, which are necessary to confirm a number of circumstances of the crime. However, other comments from the regional administration could not be obtained in accordance with the law.