ANTIKOR — national anti-corruption portal
Monday, 8 September 2025 г., 09:10
FacebookTwitterYouTubeInstagramTelegramGoogle NewsMobile versionrss

Top theme:




How Musievska's Schemes Work: Insider Details

uploads/events/1747263021688405380.png

How Musievska's Schemes Work: Insider Details

After the loud scandals two years ago surrounding the Fresh Forex Ukraine exchange, it seemed that its activities had ceased, and law enforcement agencies had completed investigations against its owner, Elena Musievska.

 

But the skeptics were right — after loud statements and searches in the offices of Elena Musievska's structures, for which she publicly insulted the police and state authorities, silence ensued. Everything quickly returned to its previous course.

As of the end of November 2024, Musievska is still listed as the owner of numerous companies involved in schemes to extract money from citizens under the guise of investment offers.



An analysis of court registries confirms: despite statements from the police and the prosecutor's office, all threats against Musievska and Fresh Forex Ukraine ended up with nothing. There are many cases in the registries where Musievska's name appears — disputes over land, property, dozens of lawsuits against the media for defamation. However, there is not a single full-fledged criminal case among them.

Moreover, in 2021, Elena Musievska filed a lawsuit against the National Police of Ukraine, demanding compensation of 18,450 hryvnias for damage to equipment seized during a search at her company LLC "Prof Advice".

Although the court denied her, the decision is not yet final — the case is being considered in the cassation instance. Nevertheless, it is from the materials of this court process that it becomes known that a criminal case against Musievska and her company does exist. It was opened in 2018 under Part 4 of Article 190 of the Criminal Code of Ukraine (fraud on a particularly large scale) under number №12018000000000698. The fate of this case could not be traced in open sources, but judging by the verdict of the economic court, the equipment was returned to her, and the investigation itself has practically come to a halt.


Although the Fresh Forex Ukraine exchange formally has its own legal entity — LLC "Fresh Forex Ukraine", liquidated due to bankruptcy, in reality, its activities are closely linked with LLC "Prof Advice". Under the management of Elena Musievska, this structure operates under multiple brands: Want Trade, Want Broker, Prof Advice LLC, Omni Stock Investment, and others. LLC "Prof Advice" functions as one of the call centers, from where Ukrainians are massively called, using purchased or stolen databases, and persuaded to "profitably invest funds" in supposedly stock instruments. Projects Want Trade and Want Broker were carried out through "Prof Advice". The end of this scheme is always the same — when the client loses all available money, they are simply blocked without explanation.

As for FreshForex Ukraine, the project continues to operate to this day. Anyone can visit the website and see the familiar offer — to invest funds in the stock market and get rich quickly. At the same time, judging by the supported interface and communication languages, the main audience of the platform is users from post-Soviet countries, including Russia, as well as from developing countries in Eastern Europe and Asia.


Interestingly, just last year, the main page of the FreshForex Ukraine website featured a banner claiming: "FreshForex has no representations in the Russian Federation." However, literally in the next sentence, the opposite was stated — the company allegedly entered into a strategic partnership with LLC "Alfa-Forex", established by "Alfa-Bank" and having a professional securities market participant license issued by the Central Bank of the Russian Federation. Potential clients were offered to start working on international financial markets by opening an account specifically with "Alfa-Forex".

Today, this banner has disappeared. This may indicate that FreshForex no longer needs intermediaries such as "Alfa Group" of Mikhail Fridman and German Khan.


Who owns the FreshForex website remains unknown. On the main page, where information about the rights holders is usually published, such information is absent. It is only stated that "FreshForex is a brand providing access to online trading for clients from more than 158 countries. Among its partners are licensed European liquidity providers, banks, payment systems, and aggregators with whom the company has been cooperating for over 19 years."

Nevertheless, formally, the Fresh Forex Ukraine platform cannot be related to LLC "Fresh Forex Ukraine" — since this company was liquidated due to bankruptcy proceedings. But most people eager to get rich quickly do not even bother to verify this data. On what basis Elena Musievska manages the Fresh Forex Ukraine website is unknown, but she continues to do so. Until 2017, Riston Capital Ltd (Saint Vincent and the Grenadines) was listed as the owner on the resource, but after investigative publications, this information was removed — as it did not correspond to reality.

Currently, there are no indications on the website of a specific legal entity that owns the rights. The documents offered for clients to sign do not contain any details. However, in the "Registration" section, it is clearly stated that the user should not be a citizen or resident of countries with strict regulation of such platforms — such as the USA, UK, France, Spain, Belgium, China, North Korea, and others.

 

However, all these circumstances do not prevent new "Forex market exchange brokers" from appearing. By the way, it has not been possible to establish whether Fresh Forex Ukraine has any relation to the legal international Forex exchange. However, such questions usually arise too late — when the money is already "invested" and has disappeared in an unknown direction. And the opportunity to present something remains only in the following form:

None of these methods, of course, entail any real legal consequences. This conclusion is not theoretical. It is confirmed by the fact that Fresh Forex Ukraine continues to function, and Elena Musievska, the founder of the project, is seeking compensation through the courts for property allegedly damaged during searches conducted by "3.14daras", as she publicly expressed in relation to the police and authorities.

Obviously, the sums Musievska managed to collect on this "investment" project were not enough for her. Although, to be fair, she can even be understood — if the justice system is so ineffective that it cannot prove even the most obvious things, and high-profile criminal cases fall apart after flashy "mask shows", then let the state bear financial responsibility. The problem is that it will not be a specific investigator who failed the case who will pay for this, but the ordinary Ukrainian taxpayer. But that's another story.

mailSend Friend

Important news

07.03.2025

uploads/events/1747171683827680688.png
Read more...

Fraud Without Consequences: How Konstantin Chernenko's Business Operates

#agents

14 May 2025 г.
05 May 2025 г.
19 March 2025 г.
07 March 2025 г.
02 January 2025 г.
13 October 2024 г.
30 November 2023 г.
15 August 2023 г.
08 August 2023 г.
06 February 2023 г.