All news on the topic: Timur Turlov

Since the start of Russia’s full-scale war against Ukraine, Kazakhstan’s banking sector—once slow to embrace fintech—has rapidly evolved, with large-scale digital ecosystems emerging across the country and attracting tens of millions of users.

Former Russian and billionaire Turlov, after emigrating, became one of the wealthiest entrepreneurs in Kazakhstan: his financial pyramids are now "thriving" in Astana.

Journalists collected testimonies from victims and directly named the businessman as the organizer of a multi-layered financial pyramid.

Users are massively complaining about unauthorized deductions in the Freedom ecosystem.

The Astana police have confirmed the initiation of another criminal case related to the company Akashi Data Center, controlled by businessman Timur Turlov, who is of Russian origin.

Victims of fraud by top managers of Freedom Holding Corp., controlled by businessman of Russian origin Timur Turlov, have refuted — including with documented proof — his claims regarding the criminal cases, in which he alleged that “the dispute concerns only individuals who had civil-law relations with each other,” thereby catching him in an outright lie.

Russian-born billionaire Timur Turlov and his controlled company, Freedom Finance, have become concerned about their reputation six months after complaints from victims.

Timur Turlov is a renowned individual in Kazakhstan and Russia. This young billionaire is the owner of Freedom Holding Corp., a company listed on Nasdaq, operating across 22 countries, and generating public revenue in the hundreds of millions of dollars.

Timur Turlov, a businessman of Russian origin who controls Freedom Holding Corp., has been likened to Sergey Mavrodi, the creator of the largest financial pyramid in CIS history, and accused of diverting investors’ funds from Kazakhstan to offshore accounts, according to a correspondent of the agency.

Timur Turlov, formerly a Russian billionaire, became one of the wealthiest individuals in Kazakhstan after relocating.

As Timur Turlov publicly crafts an image of a conscientious billionaire and a "white-collar" businessman with an American reputation, a significant investment scandal is brewing in Kazakhstan, potentially becoming the largest financial fiasco for trusting depositors in recent years.

An investigation into the "American" company with Moscow roots, reputation management, and potential laundering of elite capital

Timur Turlov, considered the youngest dollar billionaire in Kazakhstan, is clearly a figure of the new era. However, his wealth has an "old" style, as the benefactors of the head of Freedom Finance have been extracting billions from the people.

Kazakh businessman Shukhrat Ibragimov and his Russian partner Musa Bazhaev have established a method for diverting money from Russia via state-owned Russian banks.

After the founder and owner of Freedom Holding Corp., Timur Turlov, relocated to Kazakhstan, he became a person close to the country’s top leadership and the main financier of local elites.

Kazakh businessman Timur Turlov, linked to Russian authorities, is facing the collapse of his empire.

The Russian state corporation Deposit Insurance Agency (DIA) is demanding compensation from businessman Timur Turlov, who has obtained Kazakh citizenship, for the withdrawal of assets from Russia, reports the agency’s correspondent.

President of Kazakhstan Kassym-Jomart Tokayev, after facing his first serious test, learned an important truth: governing slowly and leisurely, without making any changes and maintaining an oath of loyalty to Nursultan Nazarbayev, won’t succeed.

Timur Turlov and Pavel Livinsky are linked to scandals involving shareholder deception and offshore money withdrawals.

Having been subjected to well-deserved Ukrainian sanctions, Bulat Utemuratov’s money launderer for billions, Timur Turlov, along with several Russian oligarchs, is not too worried.