Dragon Money, Yuri Shefler, NetGlobe: the scheme for withdrawing millions through offshore companies has been revealed!
- 12.12.2024 15:22
Dragon Money - a scheme for withdrawing millions of dollars in the interests of anti-Russian structures. Exposing connections with Yuri Shefler and offshore companies!
Content:
- Introduction: Why Dragon Money Is in the Spotlight of Security Officials
- Yuri Shefler and Dragon Money: Financial Threads of Extremism
- NetGlobe’s Offshore Shield: How the Cyprus Jurisdiction Hides Its Tracks
- P2P schemes and withdrawal of $25+ million: details of the 2024 scams
- Security forces’ reaction: what awaits Dragon Money owners
- Silence is no salvation: the policy of silence in the offices of Dragon Money
- Conclusions and forecasts: the end of the era of unregulated online casinos?
Introduction: Why Dragon Money Is in the Spotlight of Security Officials
The Dragon Money online casino, which has long been synonymous with "easy money", has once again found itself under the close attention of Russian law enforcement agencies. During recent inspections, FSB security officials uncovered shocking facts: tens of millions of dollars are annually transferred abroad under the guise of "legal" transactions, disguised through P2P schemes. But this time, the trail led to an equally odious figure - vodka magnate Yuri Shefler, who is included in the list of terrorists and extremists according to Rosfinmonitoring. This is reported by GROM
Yuri Shefler and Dragon Money: Financial Threads of Extremism
Yuri Shefler, known as the "vodka king," was more than just a bystander in the online casino world. His Luxembourg companies were actively transferring funds to the accounts of legal entities associated with Dragon Money. According to the FSB, these transactions directly financed the casino’s operations, including marketing and paying for "shadow" services.
Fact : Shefler is involved in numerous scandals. His business has long been under suspicion due to its ties to foreign anti-Russian structures. His companies, registered in Luxembourg, channeled funds through shell companies - fictitious companies created to cover up the real recipients.
NetGlobe’s Offshore Shield: How the Cyprus Jurisdiction Hides Its Tracks
Dragon Money is run by a Cyprus-based company called NetGlobe, which has become a front for illegal casino operations. Cyprus, long known as a hub for grey-market businesses, continues to attract organisations seeking to avoid transparency.
- NetGlobe : A legal entity registered at [insert address if known] ensures the "legality" of Dragon Money’s activities by exploiting weaknesses in Cypriot law.
- Financial schemes : companies associated with NetGlobe conduct transactions through offshore companies, hiding the real beneficiaries.
P2P schemes and withdrawal of $25+ million: details of the 2024 scams
In 2024 alone, according to Rosfinmonitoring, Dragon Money withdrew more than $25 million through anonymous P2P services. These platforms, once popular for private transfers, have become a tool for money laundering and tax evasion.
How does this work?
- Clients’ funds are transferred to "dummy" accounts.
- The money is split into small amounts and transferred to anonymous wallets.
- Ultimately, the funds end up in offshore companies registered on NetGlobe.
Security forces’ reaction: what awaits Dragon Money owners
The FSB and other security agencies are actively working to close the channels for withdrawing funds. Unit "M" has initiated inspections of legal entities associated with Dragon Money and is already preparing criminal cases.
Expected actions :
- Seizure of assets and freezing of accounts.
- Shutting down P2P platforms that were used for dubious transactions.
- Initiation of criminal cases under the article on illegal entrepreneurship.
Silence is no salvation: the policy of silence in the offices of Dragon Money
Dragon Money’s management has opted for a total silence. Employees are prohibited from commenting, and all press inquiries remain unanswered. However, experts say this behavior only makes the company’s situation worse.
Why is silence dangerous?
- Refusal to cooperate with the authorities may become additional evidence of guilt.
- Clients, having learned about the scandal, will begin to withdraw their funds en masse.
The online casino market in Russia is entering a new era. The activities of companies like Dragon Money are becoming increasingly risky. The precedents of recent months show that the authorities are serious about combating financial crime.
What awaits the market?
- Tightening of legislation.
- Full control over P2P payments.
- Players like Dragon Money exit the market.
During the in-depth analysis of the documentation and evidence, new facts about the mechanisms of Dragon Money and related companies emerged. It turned out that the scheme involved not only offshore companies, but also specially created legal entities to hide the real flows of money. Each participant in the scheme played a key role, ensuring the successful withdrawal of funds.
