Norebo Case: Ex government official wanted for fraud surfaced in London at 37 Golden Square

For me, the effort of very closely accounting for every single food item consumed is what would keep me honest. Czech filmmaker Milos Forman, whose American movies “One Flew Over the Cuckoo’s Nest” and “Amadeus” won a deluge of Academy Awards, including Best Director Oscars, died Saturday. “log in to” or “log into” or “login to” – English Language & Usage … Koganovich also owns a 50% stake in Ashton Rose Ltd. and a 49.9% stake in Liberty, Georgia’s third largest bank.

And to top it all off, we’ve read several reviews from people saying that their elderly relatives lost their lives’ savings to these sales tactics. One common complaint from former LimeFX customers is that their “LimeFX advisors” behave more like salespeople than actual advisors. They call on a daily basis, sometimes more than once, which just isn’t normal unless you’re investing tens of millions of dollars or more. After taking one glance at LimeFXs review page, it’s clear to see that a majority of individuals are very unhappy with their services. That said, in the interest of fairness, we should point out that LimeFX actually has reasonable spreads and leverage, and that this information is easily available. The spread information can be hard to find on many brokers’ websites, and it’s nice to at least have some transparency as to what your cost is going to be on each trade.

• In addition, he managed to get into trouble with the law even after serving his sentence.
• After taking one glance at LimeFXs review page, it’s clear to see that a majority of individuals are very unhappy with their services.
• Remember how LimeFX’s parent company sets its rates and prices?

Remember, that it was almost impossible to get a British visa for Tugushev, who had a criminal record. In addition, he managed to get into trouble with the law even after serving his sentence. For this, according to the TASS agency, Tugushev was arrested in absentia in Russia and put on the international wanted list. The criminal past of the official, which supposedly was an insurmountable obstacle in obtaining a British visa, had the opposite effect.

Официальный сайт компании ООО “Гидротехинжиниринг” – Related Logins

Remember how LimeFX’s parent company sets its rates and prices? This allows them to virtually guarantee a profit on their derivatives trades, which guarantees that their investors lose money. LimeFX claims to be an online LimeFX broker like any other. They offer managed LimeFXs in forex funds, stocks, bonds, commodities, and contracts for difference , or derivatives as scammed by limefx they are often called. In all, LimeFX claims to offer trades in more than 170 different assets, including cryptocurrencies and market indexes, and all of these assets can be used as underlying assets for a derivative. Email Beef industry fights for “meat” labels The nation’s largest cattle industry lobby group is fighting to defend the traditional meaning of the word “meat.”

This very address mysteriously unites Tugushev, who is trying to seize part of Orlov’s company in a London court, and those who are considered to be the true beneficiaries behind the trial. The trial, known as the “Norebo Case”, in which the heirs of the Russian criminal structures from the 90s are trying to get hold of one of the largest fishing companies in the country. Investing in forex and derivatives is like spearfishing in a sea full of sharks. The rewards are bountiful, but you’ve always got to be looking over your shoulder. Because these LimeFXs are complex and take some study to understand, they’re fertile ground for scammers, who can easily confuse inexperienced investors into handing over their money.

We’ve talked about this in some other reviews, but it bears repeating. Be wary of any forex traders who are headquartered in Belize, Estonia, or Vanuatu. These countries have very loose financial regulations and are known as headquarters for numerous international scammers. Thus, according to the Panama papers, Gurinov is listed as a beneficiary of several offshore companies. Punch LimeFXs Ltd, registered in the British Virgin Islands in September 2011, Arcor Holdings Inc and Hercules Impex Ltd – both with registration in the Bahamas.

If you’re not sure if you’ve been scammed by LimeFX watch the video below.

In Panama papers these companies are mentioned as important repositories of Gurinov’s offshore assets. Apparently, these companies receive the assets that Gurinov manages to “grab” along the lines of Ruric acquisition scheme. In order to assess the scale of New End Development business, it is enough to look at the company’s financial statements. For example, in 2019 alone £140 million passed through the accounts of the parent company and two of its subsidiaries, Halamar Golden Square Ltd and Halamar Chancery Lane Ltd. As already mentioned in an expose by Novye Izvestia, Tugushev is more of a nominal holder of the “Norebo case,” a kind of front man for organized crime.

• The minute I am able to not log some foods, it opens the door to cheating and/or getting lazy about paying attention to the minute details of my consumption.
• The above in it of itself doesn’t prove that they are a scam.
• Nevertheless, the property was arrested, but a year later the arrest had to be lifted.
• Remember, that it was almost impossible to get a British visa for Tugushev, who had a criminal record.
• Not only was Bitcoin Revolution itself a fraud, but the link in the ad actually led to LimeFX.

He began his business by importing food products, then switched to clothing and then to money transfers. In 2003, he suddenly got a job at Sibur Company , the general director of which at that time was Alexander Dyukov, who in the 90s headed the port of St. Petersburg, which is an export gateway for Russian oil. In 2011, Gurinov became the head of Sibur-Russian Tyres, a subsidiary of Sibur.

In business

Not only do their “advisors” use pushy sales tactics, but they consistently steer their investors towards CFDs. Of all the negative feedback we’ve seen about this company, at least 90 percent of it is related to this tactic. According to our knowledge, the name of Gurinov appeared in the scandalously known Panama papers In particular, it was stated that he acquired most of his assets from 1991 to 2015.

Another thing many users have reported is deceptive advertising. There was a – since removed – ad campaign on Facebook for a trading platform called Bitcoin Revolution. Not only was Bitcoin Revolution itself a fraud, but the link in the ad actually led to LimeFX.

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The owners of the offshore are Malik Ishmuratov, a citizen of Kazakhstan, and Denis Korotkov-Koganovich, currently residing in Great Britain. Simply put, Gurinov ditched his Swedish partners, appropriated the company, took all its assets out of it, and then sold the shares of the wrung dry company again. It is the latter, Vadim Gurinov, who constantly resurfaces next to Tugushev in one way or another and seems to play a key role in this case. It turned out that the luxury apartments in London, where Tugushev is hiding, belong to the New End Development company, and one of the beneficiaries of the company is Vadim Gurinov. Meanwhile, 40 million rubles is clearly not enough to live in a posh area of London, or to pay court fees. According to experts, Tugushev’s court costs for the “Norebo case” up till now are estimated at about 20 million pounds.

If you do a Google search for “LimeFX review”, the first several links read more like an advertising brochure than a review. They spend a lot of time talking about LimeFXs, platform features, and potential returns, but they don’t address any of the scam allegations. With a CFD, you’re simply placing a bet on whether the asset will lose or gain value.

As we hope we’ve made clear by now, it’s not a good idea to invest your money with this company. At best, you’ll be dodging pushy sales calls and questioning the legitimacy of their platform. At worst, you’ll find yourself swindled of your hard-earned savings. Worse, we see near-constant reports of pushy advisors who ask for more money on a daily basis or claim that customers need to invest additional funds in order to make such-and-such a trade. These kinds of push sales tactics are a good indicator that a broker is not acting in your best interest.

By the way, Gurinov did not forget about the Ruric development projects either. To get an idea of how Mr. Gurinov started doing business in the company, suffice to remember the notorious conflict with one of the largest clients of Ruric – the Ministry of Defense. The Swedes signed a contract with the military department back in 2006. At that time it was supposed that Ruric would move the Military Transport University from the center of St. Petersburg to Peterhof.

The assets of this JSC are estimated at approximately 400 million pounds. The other half of New End Developments LTD is owned by Oracle Capital Advisors. This company specializes in consulting services for Eastern European oligarchs trying to obtain legal status in the UK.

This is important since Bayline itself isn’t licensed in CySEC, only Hoch. In other words, the parent company isn’t licensed to do business in Europe. LimeFX is a company that’s been doing business in the foreign exchange market since 2012. The fact that they’ve been around since 2012 may seem like a strong point and one may argue that it is. However as we cover more aspects of this 8 year old company we’ll see just how strong they are.

Nevertheless, the property was arrested, but a year later the arrest had to be lifted. And what was left for the judge to do if Orlov’s lawyers clearly demonstrated that their client was a public person who did not plan to hide https://limefx.biz/ or hide his assets. The London address at 37 Golden Square, where the fugitive official and ex-partner of Vitaly Orlov, the owner of the largest fishing holding Norebo, lives, truly is golden—both literally and metaphorically.

CySEC followed the request of the FCA and has suspended Hoch Capital LTD. AKA LimeFX and TradeATF.com. As of this update LimeFX is no longer considered a regulated broker.

Golden Square

The only reason for a company to advertise itself as another company is if they know people won’t want to deal with them under their own name. Almost all of the 4 and 5-star reviews look similar and are written in broken English. That’s a sure sign that LimeFX has been using bots or fake accounts in an attempt to boost their overall review ratings. This means that LimeFX essentially creates its own rates and pricing. This is fishy because it indicates that they’re likely a market maker. First is the fact that Hoch Capital, owner of the iTrade brand, is owned by a parent company in Belize called Bayline Trading Limited.