Kristijan Krstic’s int’l crime syndicate smashed by FBI
Kristijan Krstic, a serial fraudster linked to a number of scams, has been arrested in Serbia.
Serbian authorities arrested Krstic back in July, following a joint investigation with the FBI.
Details of Krstic’s case are murky. There’s a bit of coverage out there but absolutely nothing pertaining to what he’s facing in the US.
I first became aware of the arrest when a reader tipped me off yesterday.
Initially I was confused, as The Star article in question appeared to be unrelated.
As per The Star’s article;
Serbian police have arrested a group suspected of an online scam worth more than US$70 million following a joint investigation with the FBI, the interior ministry has announced.
Eleven people from Australia, Montenegro, the Philippines and Serbia were detained on charges that they “created, promoted and organised” 16 fake investment platforms.
They are suspected of swindling investors from all around the world who placed funds in international bank accounts connected to the group’s organisers, a Serbian police statement said.
“After that, the group, on the order of the organisers, closed these fake investment platforms and after some time reopened new ones with the same practiced method,” the statement said.
With a bit more sniffing around I was able to establish those arrested belonged to an “organized criminal group”, that had been operating since 2011.
Sixteen undisclosed scams were referenced, which as above netted the scammers over $70 million.
Video footage of a raid in Serbia is provided by Telegraf in the link above.
A September 9th report from Serbia Today ties Krstic to the Biitcoin Ponzi scheme.
The Australian Broadcasting Corporation reports Krstic (right) was allegedly behind Options Rider, another Ponzi scheme.
The ABC reports Krstic fled Australia following an Australian Federal Police investigation into Options Rider’s collapse.
BehindMLM readers have tied Krstic to Hedger Tech, Start Options and Dragon Mining Tech (made up of Crypto Mining Space, Palilula Mining, BTC Trader Online, BTC Mining Factory and Coin Pool Mining).
Serbia Today claims Krstic has dual Serbian-Australian citizenship.
As per Krstic’s Serbian lawyer, he and his then eight-month pregnant wife, Ksenija Krstic, a Philippine national, are in custody.
Krstic is fighting extradition to the US to face undisclosed criminal charges.
The US and Serbia ratified an extradition treaty in April 2019.
Krstic’s lawyer argues that the treaty should only apply when someone commits a crime in the US and then flees to Serbia.
My clients have been in Serbia all the time and have worked from our country, and if they are extradited, it can be a precedent by which all people who work in Serbia in American companies, and who are in some way involved or suspected of some crime in USA, to be arrested and extradited.
The link to Krstic and the US is through Texas. Beyond that however there’s an informational black hole.
This isn’t unexpected, as US authorities typically keep open cases under seal until suspects are either in custody or extradition is secured.
I have no idea how long an extradition case will take to make its way through Serbian courts. Stay tuned for updates as we come across them.
Update 2nd February 2021 – The SEC has filed a lawsuit against Kristijan Krstic in relation to Start Options and Bitcoiin.
The DOJ has also filed a criminal complaint against John DeMarr, one of Krstic’s accomplices.
Update 23rd March 2021 – Efforts to extradite Krstijan Krstic from Serbia have hit a roadblock.
Kristijan Krstic seems to be a ghost. Anyone who speaks Serbian able to help out with a photo?
@Oz I did search over local news but, no image of him yet.
Most articles just have Segal’s photo saying he was involved in some kind of project with him. Quite interesting.
Yeah Seagal pimped Bitcoiin and got in trouble for it – https://behindmlm.com/companies/steven-seagal-fined-for-not-disclosing-bitcoiin-ponzi-payment/
So we have scams in Biitcoin and in Bitcoiin. That’s not confusing at all.
I’ll say one thing after watching that video: Serbians make strong doors. And Serbian cops don’t eff around.
Oops, make that two things.
I hope everyone who thinks haven’t-been-shut-down == not-a-scam goes back and reads the dates. These guys have been scamming people for 9 friggin’ years.
Here is some new info on who was arrested with their real names.
suspects are Kristijan Krstić, Ksenija Fej Atilnao, Marko Pavlović, Uroš Selaković, Nenad Krstić, Antonije Stoiljković, Andrija Selaković, Miloš Mitić, Blažo Radulović, Nikola Dimitrijević, Nenad Mladenović,
While it is very likely that all or many of them are detained in the Central Belgrade Prison, due to type of charges.
More info on link below. Bank account with 250 million located by authorities.
Until last year, extradition of Serbian citizens to any foreign country was not possible. Special agreement with US was signed by then wise president Bidden back in 2016 and ratified by Serbian parliament only last year.
If executed this will be the first extradition case of of Serbian citizens to any foreign country.
Hearing in Texas court is already scheduled for January 4th 2021, meaning they already agreed on extradition even before legal procedures in Serbia are finished, which is not good legal practice.
These guys did really bad things, now they are bragging how they have kids, families etc…
People that lost their money also had families and kids! They did this for 10 years and scammed many, many people, now they will hopefully pay.
Today should be the first trial day in Dallas, Texas, for the entire group.
Honorable District Judge Jane J. Boyle, of the Northern district, will preside.
Do we have case details? I ran a search on Pacer for Kristijan Krstic and nothing came up.
Nope. Nada. Not on the ND Texas Court website (the Judge does not allow her schedule to be public), Court Listener, news …
Not even the info on delivery to the court or not (extradition request).
Anyone got something? Maybe Behindmlm can contact court reporter, or them in general. They surely won’t reply to individual inquiries.
(Ozedit: contact details removed)
Perhaps the case is still under seal then. It’d be strange for an FBI case to be handled at a state level I’d imagine.
Here is what we verified by various eye witness and reliable sources
Kristijan Krstić, is also known as Felix Logan -confirmed by photos.
Marko Pavlović,- is also known as Willam -confirmed He partner in crime.
Blažo Radulović, is also known as Sasha bejov – confirmed by photos -he was the main programmer of all scams.
This is publicly available somewhere perhaps? Or your findings?
Also any news on Texas Court trial? They seem not to be delivered there yet…
I have sources that are very good. All verified. And 100% accurate.
there seems to be no picture publicly available for this Mr Krstic anywhere.
Per our preliminary info, he is in his early 40ties. Can you confirm maybe?
His mom was born in 1956 – so his dob is 1976 to 1986.
It’s him 100%. If had you contact info I would send.
Please send photos and info to (Ozedit: email removed) (delete spaces)
Let us see who took the money!
Email removed. If you have to share photos host it somewhere public and post the link.
@ Mike medrano
Yes, most probably that’s it. Born 1976. Age 44/45.
Pla do post via some Dropbox or similar.
We’ll put on a notification here, on details and story we uncovered since the bust in 2020.
Would be good if anyone had info on Texas trial progress. Our unconfirmed info says the group is not even delivered yet to the States. But, it could be inaccurate as everything regarding this case is strictly hush hush.
Even local journalists have said that there is pressure not to report on the event yet. Which is basically a red flag in a way.
Any feedback here? Can you post a pic somewhere public?
Still not extradited to US. This is apparently another court case, apart from Texas one.
Where we getting Krstic hasn’t been extradited yet from?
From the indictment text. Says presumably arrested and detained by the Serbian authorities.
So 3 out of 11 are in jail while all still wait for the final word on extradition request. Strange thing, no mention of any sort in the local news.
When I checked DeMarr’s DOJ case docket yesterday only a complaint was available, not the actual indictment.
There is no (unsealed) DOJ case for Krstic so as far as I know there’s no publicly available indictment either.
Unless I missed it, there wasn’t a Krstic status update provided in the SEC’s press-release or their complaint.
Poor choice of words. Complaint, not indictment, released 3 days ago. Around 60 pages or so. In the text, his status is mentioned.
Ah there it is:
From the SEC complaint, I missed it. Thanks, I”ll add it to the DeMarr article.
(Ozedit: covered here – https://behindmlm.com/companies/options-rider/kristijan-krstics-ponzi-empire-indictment-details/ )
That press-release is dated but I unless I’m missing something is referring to the early Feb superseding indictment?
edit: No I take that back, New York filed a separate indictment against Krstic on February 23rd. Didn’t appear on any of the DOJ channels I keep track of.
Thanks for the heads up! Give me a bit to put details together.
BELGRADE COURT OF APPEALS: Decision to extradite Serbian scammers to America revoked!
Thanks for the update. Europe lets us down again.
Can’t even police their own citizens committing crimes and now won’t let other countries take action.
YOU HAD ONE JOB!
No surprise about declined extradition. Nevertheless, trial begins in July 2021.
Victims compensation requests available. Serbian authorities will have to deliver them in 2 months, after all. Or a significant scandal will arise.
But there is a reason why they are not extradited. They will say a lot about government officials involvement because they would not have been able to perform all without having their back.
And sealed Affiliates 1 to 4 are also a problem. One of them is allegedly from Montenegro, local rumors.
Should be a quick trial if there’s no defense.
I wonder if a conviction adds weight if they seek extradition against after the trial.
If trialed and convicted in absentia, they’ll just ask for sentence in line with local laws, won’t extradite.
Local legislation does not proscribed max 20 years per count. Probably closer to less then 10, in effect 5 to 7.
This will become a political issue. B2Gen promoter Seagal got their citizenship in 2016 to promote the country in film industry, while no movies were ever made.
In reality, he joined Krstic in series of calls to naive investors, while Krstic was representing himself as Felix Logan.
Seagal should be in a way regarded as co-conspirator in the scam. So far he got a slap on the wrist from SEC and fat fine to pay.
The High Court states that all legal preconditions for extradition have now been determined!
Interesting! Thanks for the heads up.
Here’s to the Appeals Court rejecting the appeals this time around hey.
What about Kristijan’s best man Miroslav Cvetkovic Cvele? I heard his name from a few people and it seems he is working with real estate, building and supposedly had a mining Bitcoin farm in China?? Huh!
He also made a crazy amount of money during the 9 years period, so he must be another ghost member of the Krstics group.
At the end they are very close friends and best man’s. Strange, nobody’s talking about Cveles name.
Is “Miroslav Cvetkovic Cvele” his actual name or an alias? This mob loved to use multiple names to shield their identities.
His real name is Miroslav Cvetkovic. His connections are deeply with Krisitjan. He was manager of real-estate company Kuca Petrovic, and some other like Hollywood Manilla and few more companies.
His resistance is in Nis, Serbia too. Looks like he was laundering Krisitjans money turning to legal businesses…
They have a lot of real estate in Serbia, Zlatibor, Kopaonik, Belgrade…they used to build some smart houses, investing in agronomy… well planed money laundering scheme…
Not in the indictment. Maybe they’ll catch up with him later.
Yep. Anyway, someone should report that to the officials. He traveled to Asutralia and other countries as well.
Here more details:
@MikeR and Oz
What MikeR is trying to say is that Kristijan and the gang represents the operational level for group of scams indicated.
There are people above this group who organised, facilitated, provided infrastructure and laundered money. Indicated person Miroslav Cvetkovic is one of them but just a commuter to higher structures.
Just hear Kristian’s wife Xenia and her cry to stand trial outside US. Who does she openly address? Not the court…
As I said many times, this is state-protected business and Kristian and B2Gen is just one of scams facilitated.
There is a reason why Israeli binary options and crypto MLM scammers found refuge in the Balkans (Bulgaria, Serbia, Albania and Kosovo mainly). Ukraine is a different story.
There is more, much more… And it will be published.
Hundreds of millions were laundered in the past decade, immense illegal crypto mining facilities worked round the clock for years as they had scheme to avoid paying a dime for consumed electricity, etc…
I’m already of the view that if the Minister of Justice blocks Krstic’s extradition that’s corruption in action.
Is the US trial date set for tmw?
For Krstic? Can’t have a trial if he’s still in Serbia.
I’d been following the cases individually. Didn’t realize there’s a bumper case docket that I think has all the updates across all the individual cases.
There was a related new arrest in late June. Will put together a report later today.
where did u get Krstic’s photo, when was it updated?
Reader tipoff – behindmlm.com/mlm/regulation/krstic-facing-life-imprisonment-appeals-to-human-rights-court/#comment-441016