Originally Syndicated on May 15, 2023 @ 8:09 am
There will always be dishonest people among the qualified professionals and the risk-takers drawn to financial activities.
Turlov’s Controversies and Criticisms
Scammers are always adapting, although the general public’s financial awareness is improving, especially among those with investment capital. They continually invent complex new ways to trick people. Sometimes the strategy succeeds, but more often it fails miserably and even lands the planner behind bars.
Businessman Timur Turlov’s “Freedom Finance” has successfully broken into the CIS market and now has offices in Europe, China, and the United States. Everything appears secure and promising at first glance, but this is only the case if no attention is paid to the finer points. In truth, “Freedom Finance” is only an updated version of Sergei Mavrodi’s “MMM” from the 1980s.
From adversity to eminence
35-year-old Timur Turlov He grew up in the nation’s capital after being born in the Moscow area. The official Turlov biography claims that even as a young man, he exhibited financial brilliance. In 2003, at the tender age of 16, the future businessman reportedly began working as a trader at the Moscow office of investment firm World Capital Investments.
It’s hard to picture a world-famous corporation bringing in a 16-year-old, especially in a field that was just getting started in Russia. Of course, this fact causes scepticism, but we won’t be concentrating on it. However, the event occurred 20 years ago, making it difficult to provide proof at this time.
Turlov joined the mediocre bank Uniastrum in 2005. Since the bank was closed six years ago, few individuals will likely have any recollection of it. Turlov was a part of the Uniastrum team named Unistream, which handled monetary transactions. Unistream eventually branched out as its bank and is still operating today. However, there is a dearth of information on this financial institution. It is the 259th most popular bank in Russia out of approximately 400 total. And now she’s in the red. As a result, it is not commendable to take credit for a project that ultimately failed.
