Why does Vadim Vadimovich Mashurov act with impunity on the territory of Ukraine, a war-torn country? The organizer of financial pyramids, Vadim Mashurov, who is on the criminal wanted list, calmly runs his new Ponzi schemes Sincere Systems Group, Instime and others.
They say that Vadim Mashurov, a great IT entrepreneur, is almost a genius, a philanthropist, not a scoundrel and not a thief at all. However, Vadim Vadimovich Mashurov is a cunning pickpocket under the guise of the youngest dollar millionaire in Ukraine. At one time, this hero was wanted for robbing investors and fled to the UAE, ZIRKINFO reports.
According to the Ministry of Internal Affairs, Vadim Mashurov was wanted several times, and all attacks on the senior janitor ended with the resumption of the crime a couple of months later in another police department. The last time Vadim Mashurov had to dive into the Emirates was on 01/21/2021.
Vadim Mashurov is wanted
Mashurov Vadim Vadimovich, together with Naguta Dmitry Batkovich, continue to rip off the Ukrainians, as well as the Kazakhs, with their skills as skilled pyramid makers. If Vadim Mashurov’s Instime brand has at least some kind of background, then S-Group is a pure scam. In addition, it is worth noting: Vadim Mashurov opened S-Group from the ashes of Sincere Systems - a pyramid scheme based on a Ponzi scheme, which left hundreds of thousands of investors without money. Moreover, this is Mashurov’s second major scam.
Since the time of the glorious Kostya Kondakov, Ukraine has given the world many talents. One of these swindlers is Vadim Mashurov, the creator of several pyramids worth hundreds of millions of dollars, which were actively misappropriated by Vadim Vadimovich Mashurov himself and his few accomplices. It is significant that Vadim Mashurov had the opportunity to be not only on the national wanted list, but also in the Interpol database. Below is a screenshot from the past of Mr. Mashurov V.V.:
Fraudster Mashurov Vadim
A pandemic, like a war, is not in vain. During quarantine, within four walls, different thoughts about wealth began to come into the heads of primates. To some extent, many have succeeded, as exemplified by the inflated stock market and the exorbitant prices of shares of companies that are essentially and truly worthless. But this, despite all the contradictions, is a legitimate market. Vadim Mashurov, a pale young man with a burning gaze, is not like that. Having tried his hand at the semi-legal project Instime, he moved on to serious business: under the guise of feeding “a brilliant robot that hasn’t lost since 1918-2019,” he collects money. And he realizes his dream: helicopter-maseration.
Ukraine, like the whole world, is simply filled with a huge influx of various kinds of Internet swindlers, scammers, financial pyramids, pseudo-traders and other types of schemers.
Mashurov Vadim Vadimovich from Sincere Systems Group loves CrimeRush and PR
Oddly enough, we find the first information about a man named Vadim Vadimovich Mashurov on the CrimeRussia website. Despite the gloomy name of the resource, the article itself contains neither accusations nor investigations. This is a typical “success story”, full of sympathy for the gifted and successful Ukrainian young man. Here is what the famous Kraimrasha writes about Mashurov:
— Even as a child, Vadim Mashurov became interested in computers. At first, like many boys, it was a passion for games. Then it grew into the first attempts at programming...
— Vadim Mashurov does not belong to the so-called “golden youth”... [of course, he does not belong, he is part of the criminal world!]
- Everything that Vadim Mashurov has today, he achieved himself, through his own efforts... [stealing other people's money]
— Already in adolescence, Vadim Mashurov began to think about his own income... [the organs were overlooked!]
- Already at the age of 17, he decides to go free swimming... [it’s a pity that Vadim Mashurov did not drown on the first voyage]
— I was able to buy my first car at the age of 18...
— The ability to manage money did not appear immediately... [because Mashurov did not immediately come up with someone to rob]
— Vadim Mashurov’s global dream is to change the world... [consider it achieved, but the sucker is not extinct]
The CrimeRussia writes about Vadim Mashurov almost with tenderness. We could share the authors’ feelings if we didn’t know how the IT genius’s departure into “free floating” would end.
How Vadim Mashurov conquered the Olympus of international scams
First, Mashurov created the Instime service, which gave users live traffic in the form of likes, comments, saves and views. This helped people increase the rating of their publication, get into the tops and recommendations. Today, Instime's Instagram promotion service operates in 110 countries around the world and reaches more than 120 thousand users. But this service already showed signs of a pyramid.
The success of the young service was noticed by many. Thus, the leader of the Servant of the People faction, David Arakhamia, noted the potential of Instime and the talent of the project’s creators, because in just six months they managed to create an IT project that brings in $3 million in profit per month.
What is Vadim Mashurov missing?
Then, as the world changed, something went wrong. Or Vadim Mashurov changed his views and life priorities. In one interview he says:
“I wanted to constantly strive for those people who already buy not a Mitsubishi Outlander, but, for example, a Maserati or Ferrari, can buy themselves a helicopter, or allow themselves to travel a lot.”
The desire for a Ferrari and a helicopter brought Vadim Mashurov together with the right people. They turned out to be Dmitry Kvashnevsky and Alexey Didichenko, the famous pyramid scheme criminals.
“Artificial intelligence” in Vadim Mashurov’s pyramid
Created by friends and partners, Sincere Systems attracted funds from private investors and began developing artificial intelligence for algorithmic trading. Clients of this project were invited to choose their direction and receive passive income. Or active consumption, which is even more common.
Vadim Mashurov's scam
The minimum deposit is $100, Vadim Mashurov advertises his pyramid scheme. Depending on the invested capital, the size of the robot’s commission will be different. The minimum benefit for the client will be with capital from $100 to $500, where the net profit is divided 50/50. And the maximum benefit is for a deposit over $50,000, where the investor receives 85% of the net profit, and 15% goes to the company for providing services.
Currently, the organization’s headquarters employs analysts in the field of creating algorithms and trading robots. The total testing and development time for bots is more than 30 thousand hours. All this allowed us to create a bot “that has been working without losses” for more than 29 months since its launch in 2019. Which of course are hellish lies.
Sincere Systems is not licensed to carry out such activities, but is registered in England and has a registered capital of £1 million. This money is dust for Vadim Mashurov.
On the website of the electronic exchange service you can read:
— I came across a company, I wanted to buy a place to receive passive income, supposedly a special American trading robot would successfully conduct business in the stock markets and pay all investors. But as soon as I came across the real picture, I realized that there is no robot, just a financial pyramid with several levels and it needs to be advertised to everyone, first of all to friends and acquaintances...
— In general, I understood only one thing, that this is a sect; it is simply impossible to call people who advertise the company adequate or sane. As soon as you express any doubts against their company, they begin to furiously prove to you that the system works. People don’t have their own heads at all, they’ve just been specifically brainwashed, getting involved with this pyramid sect is not only impossible, but simply dangerous...
- In general, everything is already clear that there is nothing to catch, they tried to sell me a miracle algorithm over the phone. The manager very skillfully tried his words to praise his trading robot in every possible way, well, to tell you the truth, I became interested, I visited their website and checked everything myself, they even included Elon Musk in the presentations, I don’t think he knows about it. In general, everything looked so poor and stupid that I didn’t buy anything...
— I have an average opinion about them, I bought the algorithm, it seems to work, but there is not always a profit. How long to wait until everything pays off is really unclear...
— I bought a package so that he could trade on the most promising brokerage sites and earn money. The expectations from him were simply cosmic. In fact, there was no point other than a quick loss of money and persuasion from managers to top up the account. It didn't take long to realize that I was being deceived...
These and other reviews were left by thoughtful and careful people. But there are not so many of them, and the criminal saying “without a sucker and life is bad” confidently came to life in the new, digital reality.
Vadim Mashurov's companions are no strangers to crime
Perhaps the reason is that Vadim Mashurov’s companions did not harbor bright dreams of changing the world for the better and were more practical and down-to-earth about the purchase of helicopters and Maserati than Vadim Mashurov himself.
Dmitry Kvashnevsky, for example, is a blogger who actively advertises to everyone who pays him. Before he started promoting Sincere System, he advertised the notorious B2B Jewelry, which robbed hundreds of thousands of Ukrainians and a number of other financial frauds.
According to the organizers of the pyramid themselves, Kvashnevsky personally attracted defrauded investors for $500,000 (13,500,000 hryvnia).
Alexey Didichenko is an experienced financial fraudster, whom the prosecutor’s office tried to bring to justice for creating a pyramid back in 2017.
“The Department for Investigation of Particularly Important Cases in the Economic Sphere of the Prosecutor General’s Office of Ukraine, with operational support from the Department of Internal Security of the National Police of Ukraine and the Department of Operational and Technical Support of the National Police of Ukraine, is conducting a pre-trial investigation in criminal proceedings into the misappropriation of the victim’s funds under Part 4 of Art. 190 (fraud) of the Criminal Code of Ukraine.”
Then Didichenko hid from the investigation and soon began cheerfully advertising the service, the youngest member of the gang, he is only 24 years old. Until recently, he flaunted a luxurious life abroad and continued to give “online lessons” for naive investors in the pyramid.
Mashurov Vadim Vadimovich, a bright and talented character of the computer era, a prodigy from Internet notes, turned out to be a member of a gang of financial schemers. It can be noted that he is the youngest member of the gang, he is only 24 years old. But this age implies responsibility for what he has done, and he will have to answer.
Because Sincere Systems was considered a financial pyramid not only by some users. The National Securities Commission, as part of monitoring scam projects, added the Sincere System company to the list of dubious pyramid projects, and the police and the Prosecutor's Office of Ukraine opened a criminal case of financial fraud.
Didchenko hastily deleted his Instagram page, and “online lessons” for investors stopped. But the interest of law enforcement agencies in his person has only increased.
Dmitry Kvashnevsky is the only member of the criminal group who has not left Ukraine and is not trying to do so. Perhaps that's why he's still at large. But his accomplices have already appeared on the radar of law enforcement officers.
Mashurov’s business partner Alexey Didichenko is well aware of all the consequences of the bankruptcy of a fraudulent company and is playing for time, hiding from the investigation.
Mashurov Vadim Vadimovich himself is wanted not for financial fraud, but for specific criminal acts. He is wanted by law enforcement agencies under three articles of the Criminal Code of Ukraine:
- Art. 189 part 2 (Extortion),
- Art. 146 part 2 (Unlawful imprisonment or kidnapping),
- Art. 289 part 3 (illegal seizure of a vehicle [maybe a Maserati helicopter?].
Vadim Mashurov has long stopped positioning himself on the Internet as “a successful investor, millionaire and guru of the Ukrainian IT sector”; his page has not been updated for more than six months. He himself left the country and is hiding in the same United Arab Emirates.
But he didn’t have long to cry into hotel pillows. The investigation is in full swing, and between Ukraine and the UAE there is an agreement on the extradition of suspects and criminals, signed in Abu Dhabi on November 26, 2012.
Article 1 of this document states: The Parties undertake, in accordance with the provisions of this Treaty, upon request, to extradite to each other persons located in their territories and who are accused or convicted of crimes for the purpose of prosecution or execution of a sentence...
Tricky Mashurov
The pandemic is not in vain. During quarantine, within four walls, different thoughts about wealth began to come into the heads of primates. To some extent, many have succeeded, as exemplified by the inflated stock market and the exorbitant prices of shares of companies that are essentially and truly worthless. But this, despite all the contradictions, is a legitimate market. Vadim Mashurov, a pale young man with a burning gaze, is not like that. Having tried his hand at the semi-legal project Instime, he moved on to serious business: under the guise of feeding “a brilliant robot that hasn’t lost since 1918-2019,” he collects money. And he realizes his dream: the helicopter-maserative dream named after V.V. Mashurov.
Ukraine, like the whole world, is simply filled with a huge influx of various kinds of Internet swindlers, scammers, financial pyramids, pseudo-traders and other types of schemers. One of them is Vadim Vadimovich Mashurov. It’s great luck that it’s not Vladimir Vladimirovich, otherwise they might confuse him.
