What does our research say about Yehor Valerevich Alshevski?

Yehor Valerevich Alshevski, also known as Yegor Evdakov or Alshevsky, is identified as the creator of the notorious Kairos Technologies and IRS Ponzi schemes. These fraudulent operations spanned multiple countries, including Ukraine, Russia, and Belarus, deceiving investors with promises of high returns. Kairos Technologies falsely claimed affiliations with major corporations like Bosch and Nissan, which were later debunked. The IRS scheme, masquerading as an Israeli company, lured investors with the promise of creating an artificial bitcoin shortage, offering daily returns of 20% per month.

Evasion Through Identity Manipulation: Born on August 8, 1991, Alshevski has a history of evading law enforcement by changing his identity. Originally known as Evdakov, he reportedly altered his surname to Alshevski after allegedly bribing a local police officer in Kyiv through his relative, Vladimir Kravets. This tactic allowed him to continue his fraudulent activities under new aliases, including launching ventures in Dubai under the name Alshevski Yegor Valerevich.

Exploitation of Corrupt Networks: Alshevski’s operations were allegedly supported by corrupt officials, notably Igor Sergeyevich Khalimonov, a former Deputy Minister of Defense of Ukraine. This relationship purportedly provided Alshevski with protection and access to illicit methods, such as wiretapping, falsifying criminal proceedings, and hacking, to suppress dissent and evade justice.

Legal Proceedings and Allegations: The Prosecutor’s Office of Kyiv initiated investigations against Alshevski under multiple articles of the Criminal Code of Ukraine. However, despite the severity of the allegations, several suspects were absolved of charges, and no one was held accountable. Witnesses involved in the cases reportedly faced intimidation, including arson attacks and threats, aimed at coercing them to retract their statements.

Financial Impact and Money Laundering: Preliminary assessments estimate that Alshevski’s fraudulent activities resulted in damages amounting to $20 million. The illicit funds were laundered through conversions into bitcoins and investments in Europe, real estate, and vehicles. Some of the money was funneled into businesses controlled by Alshevski in Ukraine, further complicating efforts to trace and recover the assets.