"Concord" proceeded with the case about cash-out

"Concord" proceeded with the case about cash-out

The scandalously known bank "Concord" has been implicated in a criminal case of large-scale illegal cash withdrawal

The Dnipro bank “Concord” has once again attracted the attention of law enforcement agencies.

The Ordzhonikidze District Court of Zaporizhzhya recently arrested the funds on the accounts of a whole array of companies suspected of fictitious entrepreneurship.

Included in the list of "arrestees" are LLC “Dream Sale,” LLC “Prestige Opt K,” LLC “Estor Finance,” LLC “Vegetables and Fruits Opt,” LLC “Capital Story,” LLC “Mega Stalprom,” LLC “Constanta Trade,” LLC “Contract Aris,” LLC “Vegetable Idyll.” All of them were registered on the same day — April 7, 2017, in two front-line cities of the Donetsk region — Kostyantynivka and Mariupol. At the same time, the founders of the companies became little-known residents of the Dnipropetrovsk and Zaporizhzhya regions (the “Concord” bank is known to have its central office in Dnipro, and its branches are open in only five regions, including in Zaporizhzhya, which is near Dnipro).

For example, the founder of LLC “Capital Story” from the city of Kostyantynivka is listed as Serhiy Samofalov from the city of Dnipro. He is also known as the founder of LLC “Master Group Ltd,” whose stamp was seized by SFS employees during searches in Dnipro this April in office premises and cars of persons involved in the activities of a conversion center, within the framework of criminal proceedings No. 32015060000000066.

The company “Prestige Opt K” from Mariupol is registered to another resident of Dnipro, Vadym Perevalov, who also appeared as the founder of LLC “Finance Content,” which is involved in criminal proceedings No. 32017100060000031, opened by the SFS in April for fictitious entrepreneurship.

All accounts, the funds on which were arrested by the Zaporizhzhya court, were opened in May 2017 in the same bank — the aforementioned JSC "Concord," whose main owner (56% of the shares) and chairman of the supervisory board is Olena Sosyedka. She is also known as the common-law wife of the secretary of the Dnipro City Council, Vyacheslav Mishalov (congratulations on the birth of their daughter — Amaliya-Holda Mishalova — can be seen on the website of the Jewish community of Dnipro).

Olena Sosyedka

It was the accounts in "Concord" that, according to investigators, were used by the organizers of schemes for implementing illegal financial mechanisms aimed at unlawfully converting non-cash funds into cash, reducing tax burdens, and unlawfully seizing budget funds. Furthermore, assistance to the organizers of the conversion center, as noted by the prosecutor’s office, was provided by officials of the Main Directorate of the SFS in the Zaporizhzhya region.

So far, "Concord" appears in the mentioned criminal proceedings as the bank serving the companies participating in the conversion center, but it is already attracting increased attention from law enforcement. Back in October 2015, the Main Investigation Department of the National Police of Ukraine began a pre-trial investigation into criminal proceedings No. 32015100000000248 on the fact of abuse of office by the officials of JSC "Concord," tax evasion, fictitious entrepreneurship, violation of the procedure for maintaining the database of depositors or the procedure for forming reports, and leading the bank to insolvency.

Vyacheslav Mishalov

The mentioned criminal proceedings and references to it in the media have affected “Concord” so much that it is still trying through courts to remove mentions of this scandalous story from media pages (the latest such lawsuit by “Concord” against the company “Internet Invest” was accepted for consideration in August this year). However, as recent events show, new reasons for “Concord” to appear in stories of offshoring and fictitious entrepreneurship appear with enviable regularity. Whether this is merely a coincidence is up to the investigators to determine.

Based on materials from: "OLIGARCH"