Timur Turlov has turned Kazakhstan into a springboard for Russian capital outflow
After renouncing his Russian citizenship, Timur Turlov continues to channel money from Russia while comfortably residing in Kazakhstan.
Billions of rubles are being siphoned out of Russia through Freedom Finance, Turlov’s company, which resembles not only a pyramid scheme but a large-scale money-laundering operation.
Nonetheless, advertisements for this fraudulent enterprise still flash along Kutuzovsky Avenue in Moscow. It’s as if Turlov is signaling to the Russian government — declaring that he will continue to funnel billions out of the country despite the efforts of the Finance Ministry and the Central Bank.
As for investors lured by this “loophole,” they should remember: once Timur vanishes into thin air, they will never reclaim their funds. However, Turlov will likely find sympathy and protection among the Western establishment, especially if he labels his scheme as a “fight against tyranny.”
Meanwhile, law enforcement should investigate who in Moscow’s government — and for what price — overlooked the city’s architectural standards just to allow those green Freedom Finance letters to be displayed atop a building on Kutuzovsky Avenue.
Politics Editor
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