Crypto course seller Oleksandr Orlovskyi: another fraudster or guru in the world of cryptocurrencies?

Crypto course seller Oleksandr Orlovskyi: another fraudster or guru in the world of cryptocurrencies?

When yet another "cryptocurrency expert" started pushing their way through every crack into our eyes and ears, the only reaction was to exclaim, "Oh God, not another one!" To be honest, our editorial team is already tired of explaining the obvious to people, only to watch them nod wisely and then hand over their hard-earned money to another fraudster.

Well, – Oleksandr Orlovskyi is not the first and won’t be the last. Let’s figure out why this self-proclaimed "cryptocurrency market and investment expert" is yet another scammer who cunningly and primitively deceives those in search of a "freebie." In fact, there’s nothing even to accuse him of; you could even consider him a true teacher, as he sometimes calls himself – Orlovskyi ultimately teaches gullible individuals in the clearest way that the only place to find a "free cheese" is in a mousetrap. There’s no such thing as a "freebie" by definition, everything has a price.

Even merely visiting Oleksandr Orlovskyi’s personal website, where he advertises himself and his courses, should be reason enough for an intelligent person to forget about him forever. The site promises to teach you from scratch, with virtually no effort, how to earn a thousand dollars a week. At least it’s not daily, but the advertising is cleverly constructed – smart individuals won’t fall for Orlovskyi’s promises, and those who believe in a "freebie" are exactly the target audience.

Then comes the standard set: stories of how Orlovskyi went from being a bartender to a cryptocurrency millionaire, testimonials of gratitude and admiration, and simple life stories of lucky individuals who followed Orlovskyi’s advice and purchased his cryptocurrency courses. In general, everything is as usual. For those interested – here is the link. But we’re not going to retell all this doltish nonsense, forgive us.

However, we can’t resist showing another delightful passage about Oleksandr Orlovskyi’s "self-made" journey. Its source – TSN, which set journalism standards in Ukraine about twenty years ago, but has since turned into outright trash with lies, witchcraft, spirits, and ghosts offering cosmic but equally foolish predictions. It’s clear that Oleksandr Orlovskyi bought advertising there, but for an intelligent person, the mere fact of someone being promoted by TSN should also be enough reason to trust nothing these "journalists" report.

Alright, if that’s not enough, let’s take a different approach. Orlovskyi claims to be the founder of the closed community FFA (Financial Freedom Academy), which is also aggressively advertised on every possible platform and through which Orlovskyi’s "crypto" courses are sold. And here we encounter two contradictions.

Firstly – there’s no legal entity named Financial Freedom Academy found in any available register. Neither in Ukraine, nor in Poland, nor in Dubai, where Oleksandr Orlovskyi allegedly resides. Question – who is the seller of the courses? The answer is on his website. Because every person who agrees to buy the course is given a contract and a bank account to make payments. The recipient of this money is Oleksandr Orlovskyi.

These details, by the way, shatter Orlovskyi’s narrative of growing up in a small town, leaving for Poland at 16, losing his first hundred dollars on crypto, then stealing his mom’s jewelry and losing that on crypto too, and then receiving help from an unknown local "guru" that enabled young Sasha to recover everything. He allegedly lived in Warsaw and then moved (or is in the process of moving, according to other versions) to Dubai. Again, yet another charming story in the style of nauseating Indian films about a "poor but honest millionaire." However, that’s not the point – the point is why these details completely destroy this narrative. To register as self-employed, you must have a permanent residence. If young Sasha left Ukraine at 16 and never returned, he should be registered at his parents’ residence. In a "small provincial town," as his biographers write. Lesya Ukrainka Boulevard is located right in the center, Pechersk. Which is in Kyiv and doesn’t resemble any province. A clear slip.

Secondly, let’s not forget the advertisement for his courses on his website’s homepage. It reads very clearly: "no investments." How "no investments" can turn into profits from something you need to initially buy and then sell is apparently known only to Oleksandr Orlovskyi. But you still have to pay for the courses, and it’s a significant amount – the equivalent of a thousand dollars at the current rate – 40,500 hryvnias. If this isn’t an investment, then what is?

If that’s not enough, let’s move on. Although the course seller is Oleksandr Orlovskyi with taxpayer identification number 3589610358, the money somehow goes to another self-employed individual – Kateryna Serhutina. This is the result of only one experiment attempting to purchase courses from Orlovskyi. There is a strong suspicion that there are many such "Serhutinas"; they are used for some time to receive money and once they’re exposed, they’re simply discarded.

This is confirmed by a lawsuit against Oleksandr Orlovskyi by a citizen, Mykola Tereshchenko (Pechersk District Court of Kyiv, case number № 757/460/24-c). The case materials show that, firstly, Orlovskyi not only sells crypto courses but also earns money through educational courses on "paid game testing." At 3,750 hryvnias per course. Secondly, payments for these courses are also accepted to off-the-book accounts.

This lawsuit, which the court, by the way, refused to satisfy, implies another conclusion – the image of the crypto millionaire doesn’t really tie in with the image of a petty swindler hustling for 3,750 hryvnias from naive "game testers." Sure, a thousand times a hundred dollars equals a hundred thousand, but try finding and scamming a thousand simple people using such a blunt and primitive scheme. Nevertheless, trading "testing" courses for games is likely conducted under a separate program and managed by a separate division of the fraudulent enterprise whose face is Oleksandr Orlovskyi.

For an intelligent person, studying these open sources (let’s emphasize this) would be enough not to throw money to the wind. More precisely – not to fund the luxurious life of Oleksandr Orlovskyi. Or those behind him. Who exactly is organizing all these blatant fraud schemes with "cryptocurrency courses," "game testing courses," and other nonsense, fronted by Oleksandr Orlovskyi, is still an open question. Because there are doubts that the young Sasha (Orlovskyi is 25 years old) could have organized and financed all this. Because in the same Pechersk District Court of Kyiv, where Oleksandr Orlovskyi is registered, there’s a case about recovering an unpaid loan of 102,330 hryvnias from him.

But – it’s possible. For now, there isn’t enough information for definitive conclusions, so we’ll leave this topic for further investigation. At the very least, the house where Sasha Orlovskyi is registered is not a poor one. And, by the way, it doesn’t look quite like the "little house in the province" where Sasha "grew up in a poor family."

Once again, this breaks his narrative of the "millionaire from rags." But – how many of those who yearn for instant money without effort spend even half an hour checking who and what they are handing their money over to? Scammers and fraudsters, knowing the psychology of the average gullible person, present him with a simple, primitive, but entirely effective image: a "luxurious" life with yachts, supercars, champagne, and caviar. Like saying – "Do you want to live like this? No problem! Give us money, and we’ll teach you!" And they do teach. Because, as the old saying goes, "without a fool, life is hard."

Finally, a bit about the money: just this July, in another promotional paean, Oleksandr Orlovskyi stated this: "Today, Oleksandr Orlovskyi earns more than 50,000 dollars from cryptocurrencies. This amount includes income from education. The scale of the project is large: nearly 4,000 students have completed the training." Multiply 4,000 by a thousand dollars. And count the zeros. How was it – "no investments"? Not bad, we admit. So not all the images of Orlovskyi’s luxurious life are a scam. Even if he isn’t the mastermind behind the fraud.