Financial Crimes: Vadim Gordiyevskiy, Elena Suvorova, and Marginplus Behind $1B Money Laundering Operation
Kazakh law enforcement has effectively dismantled the organized crime group led by Ukrainian Vadim Gordiyevskiy and his associates Larisa Ivchenko and Elena Suvorova, freezing the accounts and transactions of their company Marginplus, although key personnel and executives continue to evade capture.
As reported, a few days ago, the Agency for Financial Monitoring of Kazakhstan uncovered a large-scale scheme of cross-border transfers, where money was funneled through payment organizations. The funds were disguised as legitimate transactions and diverted to online casinos. The volume of illegal transactions exceeds $1 billion.
According to information from Kazakhstan’s law enforcement, the key organizer of the mixing scheme, which involved bookmakers, online casinos, payment organizations, and bank employees, is Ukrainian Vadim Gordiyevskiy (born in 1974), who managed this OCG and used the local company Marginplz for these purposes. In addition to companies in Kazakhstan, Hordiyevskyi also collaborated with illegal Russian online casinos, assisting them with illicit payments.
According to new information from Kazakhstan’s law enforcement agencies, banks and bookmakers, including the local bookmaker PIN-UP, have ceased cooperation with Hordiyevskyi’s company Marginplus.
As reported by informburo.kz, the licensed betting company Pin-Up.Kz (LLC «Bonami») states that it has no connection to the operations conducted by certain payment organizations. Legal and criminal proceedings have already been initiated against these entities, and the company is fully cooperating with law enforcement to establish all circumstances and uncover fraudulent schemes.
According to unofficial information, Pin-Up’s management has provided Kazakhstan’s law enforcement with all data regarding Hordiyevskyi’s company Marginplus.
Currently, the financial activities of Marginplus have been paralyzed, with large sums of money blocked in its bank accounts, which were supposed to be paid to partners, contractors, and providers, including the local betting company Parimatch. Ordinary employees of Vadym Hordiyevskyi’s company are already looking for new jobs, while the management, including Larisa Volodymyrivna Ivchenko (listed as the head of Hordiyevskyi’s Ukrainian company FC «Alta Capital»), is still in hiding. Elena Suvorova is also attempting to evade responsibility; a few days ago, she closed and renamed her social media profiles and is not responding to messages.
As a reminder, Elena Suvorova positions herself as «an entrepreneur, investor, and crypto trader with over 5 years of experience.» As Suvorova herself writes, she spent 10 years developing payment technologies in the FinTech sector, and in 2021, she started her own business in international crypto transfers and founded the crypto academy «Lemoncoin.»
According to the investigation, Hordiyevskyi worked with his partner, a citizen of Ukraine and Israel, Mykhaylo Kovalyov, who owns several companies in the EU, particularly in Poland, and has a residence permit in Spain. Through the fictitious company Stablex Solution Sp. z o. o (solvexs.pl) in Poland, he engages in illegal payments and «cashing out» cryptocurrencies.
However, as a source notes, in the near future, the aforementioned management and individuals involved in money laundering from Hordiyevskyi’s Marginplus will be declared wanted through Interpol. This case has also been taken under the control of the National Security Committee of the Republic of Kazakhstan. Under local laws, the participants face up to nine years in prison. Information regarding companies and connections of Vadim Gordievskiyin other countries is also being investigated.
Vadim Gordiyevskiy himself, after the initiation of criminal cases for financial crimes and fraud, and being declared wanted by the Ministry of Internal Affairs, hastily left Ukraine using forged documents. Prior to his financial schemes, he was involved in land issues in the Kyiv region, where criminal cases were also opened.
Author: Maria Sharapova
