EvoRich’s Andrey Khovratov arrested for fraud in Russia
EvoRich founder and CEO Andrey Khovratov has been arrested in Russia.
Authorities in Tagansky, a district in Moscow, have charged Khovratov with three counts of fraud.
As per a report from Kommersant, the investigation into Khovratov’s scamming was conducted by the Department of Internal Affairs.
The fraud charges laid against him pertain to violations of the Criminal Code of the Russian Federation.
At time of publication the official case page on the Tagansky Court is not loading (I can get the page to eventually load but the case details are missing).
Citing the case details however, YouTuber Denis Leader claims Khovratov was caught attempting to flee Russia.
He was detained at the airport and is now under arrest by the Tagansky Court of Moscow for three months.
Following his arrest, Khovratov was presented in the Tagansky court. His defense attorneys disputed the fraud claims and requested Khovratov be released pending trial.
Prosecutors emphasized the scale of the fraud arguing that, should he be released, Khovratov would likely
be able to hide, continue to engage in criminal activities, put pressure on witnesses and destroy evidence in the case.
The court sided with Prosecutors and ordered Khovratov detained until May 10th.
EvoRich is a spinoff of Anatoly Yunitskiy’s Skyway Capital Ponzi scheme (renamed Unitsky String Technologies in late 2021).
Yunitskiy (above right) remains at large in Russia. Whether he is also under investigation is unknown.
Khovratov is a former Skyway Capital executive.
Following Skyway Capital’s failed entry into cryptocurrency fraud via Skyway tokens, CryptoUnits and the awkwardly named “New Economic Evolution of the World” (NEEW), in early 2020 Yunitskiy gave Khovratov permission to spin these off as a separate entity.
Khovratov initially launched “Academy of Private Investor Opportunity” in mid 2020. In Q4 2020 Academy of Private Investor Opportunity was rebranded as EvoRich.
EvoRich is a full-blown realization of Skyway Capital’s failed crypto Ponzi scheme, centered around investment into WCRU Ponzi points.
Following Khovratov’s arrest, EvoRich has ground to a halt.
As opposed to acknowledging Khovratov’s arrest, on April 2nd WCRU’s official Twitter account announced WCRU investment had been suspended due to “regulation”.
EvoRich’s website is still accessible at time of publication. Alexa traffic estimates show a significant decline in traffic throughout the end of 2021 and 2022.
Pending updates on Khovratov’s criminal case, stay tuned…
Update 6th May 2022 – While Andrey Khovratov awaits his fate, EvoRich investors are being funnelled into Bobcoin.
Update 23rd January 2024 – Andrey Khovratov has been sentenced to five years in prison.
Shoutout to the multiple readers who wrote in for this one.
Waw….so many people got shcamed…me too.
wcru not a ponzi scheme tha great idea of andre to make people rich.
1. WCRU is part of EvoRich, which is very much a Ponzi scheme.
2. Andrew Khovratov didn’t come up with the idea of a Ponzi scheme.
3. The only people who get rich in MLM Ponzi schemes are owners and early investors.
4. Sorry for your loss.
17lakh people join tha anderys mission in 216 country why tha Govt. arrest in starting time now billion of dollor invest in company and working fastly all govt want this amount.
if andrey ferl gulty we received our money no not so support tha company.
^^ This is what happens when Ponzi fairy tales meet reality.
Ponzi schemes are illegal. Andrey doesn’t give a fuck about you.
You and your fellow investors got scammed. Sorry for your loss.
andrey want (Ozedit: snip, see below)
If you want to write fiction, publish a book. This isn’t the place for Ponzi bullshit you’re clearly making up.
You want to speak on behalf of Andrey? Provide the authority you do so on or supporting evidence.
Facts only or GTFO.
One SCAM stacks on the other. On the WCRU Website they state “At over $14 billion – the underlying assets of the WCRU token have been evaluated.”
In fact, that’s all worthless Skyway shares Khovratov got as gift when he leaves Skyway.
Lulz.
What I do not understand is that everyone wants to study finance and they did not study if the company had regulations, licenses, warnings, it does not have any report in the SEC of anything because it did not complete the requirements and nobody had those alerts…
But one is a person of faith and believe in your friends or leaders because they say they did prior investigation and you believe that lie.
While we’re having this discussion this is literally playing out with Simon and Hyperverse.
Trying to understand people’s greed isn’t worthwhile. Best you can do is point out the fraud and leave it at that.
Bob Ultee is now the ‘twinbrother’ of Andrey Khovratov. He jumps into the Evorich skyway scam wagon with his bobcoin. Bobc is on kraken but only presale. I contacted Kraken to warn bobc is using a forbidden by law scam to promote his shitcoin. Waiting for an answer
Cru and wcru is finished but Bob Ultee bobcoin is the new let’s get scammed again business.
My husband and I have invested to this company. The experience we had dealing with them was frustrating.
They have taken our investment money, but my details in my account is still not verified and and all incorrect.
We have dealt with different people within the company since 2018 and until now it is still an existing problem.
Also, they have introduced different company names, we are so confused you have to log into a different website.
I have no faith that our invested money will be return to us, I am now convinced it is a big scam.
Correction bobcoin is on knaken not kraken. Kraken does not sell bobc.
Knaken? That sounds right up there with Foogle, Nicrosoft and Bapple.
I hop those people get they money back that these scammers have taken away from them.
they should be sentenced for life in prison for their crime.
Wow! That’s total exposure! How many members of Evorich know the latest news?
Some baloney about a personal development course. Article tomorrow.
Totally fraud person AK deceive people and took money now just lying takingtime to time see the price of CRU & WCRU they say that 14 billion $ asset is laying under WCRU as backup so why the price is lossing its value.
If Khovratov had $14 bill he wouldn’t be running a Skyway spinoff Ponzi.
I am Investor in WCRU.
I need to know whether it is approved by Government of INDIA.
Further, what’s the status of the Company & Andrew who has been arrested in Russia since long time.
What action can be taken if this is a fraud thereby huge loss to millions of investors.
Also, can I sell WCRU? If Yes Where – what’s the current Rate?
Rgds
Of course it isn’t.
The status is you invested in a Ponzi scheme and sorry for your loss.
Nobody wants to buy your worthless Ponzi tokens.
Latest in this case from march/april 2023, Khovratov’s arrest is extended for a further 6 month. There are 5 points of crime against him.
Interisting point is, that Khovratov’s lawyer claims that some people get the money back.
mos-gorsud.ru/mgs/services/cases/appeal-criminal/details/52f69d30-d83a-11ed-ab57-8df3212bfd76
The document is here:
mos-gorsud.ru/mgs/cases/docs/content/479d2cf0-dd18-11ed-a17d-8bcf7393f32c
Thanks for the update.
Too many distorted facts above, eg. Evorich is not Skyway. (Ozedit: derails removed)
Nobody said EvoRich is Skyway. If you have to make up things to argue against, you’ve already lost.
Andrey Khovratov was sentenced to five years in prison. He was accused of five counts of fraud and at the trial his guilt was proven. Prosecutors asked for six years.
On it, thanks.
When did he come out of jail?
Khovratov was sentenced to five years in prison in Jan 2024. He won’t be “coming out of jail” till his sentence is up.