Skeptics, as usual, were right — after the spectacular searches in the offices of Sergey Velmozhny's structures and his obscene outbursts against the police and authorities, everything went quiet. No high-profile cases, no high-profile verdicts. As of the end of November 2024, Velmozhny is still listed as the owner of a whole set of companies involved in schemes to "siphon" money from the pockets of trusting citizens.

The fact remains: neither the police nor the prosecutor's office have brought the story with Sergey Velmozhny and Fresh Forex Ukraine to a logical conclusion. Court registries are filled with his name, but there is not a single criminal case among them. Land disputes, property litigations, a flood of lawsuits by Velmozhny against the media for "honor and dignity" — yes. But criminal liability — zero. Moreover, Velmozhny himself filed a lawsuit against the National Police, demanding 18,450 hryvnias for damaged property during a search of his company "Prof Advice" office.

The court denied the payment, but this is not the end — the case is moving through the instances. However, it is from this decision that it emerges: a criminal case against Velmozhny and his firm does exist. It was initiated back in 2018 under the article on large-scale fraud. However, what it ended with remains a mystery. Judging by the returned equipment and silence in the registries, the case simply fell apart.

How is LLC "Prof Advice" connected with the Fresh Forex Ukraine exchange, which supposedly has its own legal entity — LLC "Fresh Forex Ukraine"? The answer is simple: Sergey Velmozhny's project operates under different masks — Want Trade, Want Broker, Prof Advice LLC, Omni Stock Investment, and a dozen other similar signs. "Prof Advice" is not just an office; it is a full-fledged call center from where Ukrainians are called daily using stolen or purchased databases, promising golden mountains from "stock market investments."

Under the "Prof Advice" brand, the same "exchanges" Want Trade and Want Broker operated. The scenario is like a template: a trusting person "invests," they are methodically squeezed for everything they have — and as soon as the last is extracted, the connection with the "broker" is severed. Forever.

As for FreshForex Ukraine itself — it continues to operate despite everything. Visit the website and see for yourself: the same promises of easy profits and risk-free investments. Moreover, the site is clearly tailored for the post-Soviet space, including Russia, and is generally oriented towards the developing world — where people still believe in fairy tales about easy money and magical exchanges.

A notable detail: last year, the main page of the FreshForex Ukraine website featured a banner claiming that the company had no representations in the Russian Federation. However, reading a bit further revealed an acknowledgment of a "strategic partnership" with LLC "Alfa-Forex" — a structure established by "Alfa-Bank" itself and licensed by the Central Bank of the Russian Federation. Potential clients were directly offered to start their journey to "international markets" by opening an account in this Russian "subsidiary."

Today, that banner is gone. Apparently, the need for a screen in the form of a solid intermediary — such as "Alfa Group" by Mikhail Fridman and German Khan — has disappeared. Either the partnership has exhausted itself, or it has become politically disadvantageous. In any case, the conclusion is obvious: FreshForex is once again operating according to its own, little-controlled scheme — without loud names, but with the same methods.

Who actually owns the FreshForex website is a mystery that no one seems to be trying to solve. Neither in the site's footer, where legal information about the owners is usually placed, nor in other sections — not a line about who is behind this "internet trading brand," promising access to global markets from as many as 158 countries. There are only vague formulations about "many years of cooperation" with banks and aggregators — and not a single specific name, detail, or address.

Formally, Fresh Forex Ukraine cannot have any relation to the Ukrainian LLC "Fresh Forex Ukraine" — a legal entity with that name was long ago liquidated through bankruptcy proceedings. But who among the seekers of easy money will dig into the registries? Especially when the same site continues to operate the infrastructure, which, as previously reported, is controlled by Sergey Velmozhny. How? On what basis? This remains behind the scenes.

Until 2017, the site was officially owned by the offshore structure Riston Capital Ltd, registered in Saint Vincent and the Grenadines. However, as it turned out, this was a fiction — after the publication of the investigation, the data was hastily removed.

Today, there is simply no information about which legal entity stands behind FreshForex. Instead, clients are offered to sign "documents" that contain neither details nor legal guarantees. Moreover, the site openly states: "If you are a citizen of Belgium, France, the USA, the UK, and several other countries with strict financial regulation — you are not welcome here." Because such tricks do not work in those markets.

But none of this stops the army of new "stock brokers" who continue to sell dreams of easy money under the Fresh Forex Ukraine sign. Has it been possible to establish whether this structure has any relation to the real Forex currency market? No. And most likely, it will not be possible. And who is interested in this — after all, realization comes only when investments have already dissolved in an unknown direction. And then all that remains is to helplessly shake fists into the void and seek justice in feedback forms that lead nowhere.

None of the proposed ways to recover lost money, of course, carries any real legal consequences. And this is not theoretical reasoning — reality itself confirms it: Fresh Forex Ukraine continues to operate calmly, and its founder Sergey Velmozhny not only has not been held accountable but is also successfully suing the state, demanding compensation for "damaged during searches" property.

It seems that everything Velmozhny managed to collect from gullible citizens is not enough for him — now he is also demanding money from the state. The irony is that it is difficult to blame him: if the law enforcement system is unable to bring any case to an end, and after spectacular shows with masks, everything falls apart under the weight of its own incompetence — why not take advantage? The only problem is that it will not be the investigator who failed the case who will pay for this farce, but the ordinary Ukrainian. The very one who became a victim of the scheme. But that, as they say, is another story.