You can help us put a stop to online scams before they grow too big and end-up ruining thousands of lives. A scam is a scam, doesn’t matter if it’s big or small. Now that this is out of the way, let’s get started with the review.
Roman Felik claims to be a millionaire businessman who duped people out of money so he could live lavishly and buy bogus IDs to conceal his identity. Rural and disadvantaged people are generally captivated by stickers that indicate “registered in the UK” and “soon-to-be listed at Euronext.” There are always a few gullible persons willing to part with their money to con artists in the hopes of receiving massive returns.
We look at 34 different data points when analyzing and rating online money-earning opportunities. Once the research on these data points is submitted, expert contributors reach out to the company’s customers and associates to get more insight into their operation. Finally, all the collected information is presented in the form of this expert review.
All the data is extracted from publicly available information and the sources are given in the transparency section at the bottom of every report.
These reports are made possible by the collective efforts of contributors like you. If you would like to become a contributor then contact us here.
There will be no refunds because fraudsters will use the money to fuel their vehicles, pay off personal debt, and buy a set of counterfeit IDs in order to avoid detection. Helix Global Capital, Swisscoin, and now Instime are just a few examples of the Eastern European government’s incredibly difficult-to-crack Ponzi scams.
Roman Felik’s Involvement in Helix Capital Scam
According to all evidence, Helix was a sham. Extracts from the Companies House registry can be seen in the “legal information” section of the office’s website. The most important document to us is the certificate of formation, which states that it is a private limited liability company (Limited) with the full name Helix Capital Investment LTD. Article 15 of the Companies Act of 2006 states that the certificate of creation discloses the nature of the company’s ownership and duty.
According to the website of this fictitious fund, Roman Felik, Dmitry Naguta, and Boghdan Vorontsov allegedly invested clients’ money in a variety of business ventures, and such actions are consistent with the definition of collective investment schemes (CIS), which is defined in Article 235 of the Financial Services and Markets Act 2000.
The definition of “investment firm” is an organization that acquires capital to manage it, generates income, and then distributes dividends to its clients.
If Helix Cash Investment LTD were an actual investment fund that properly raises cash from the general public to implement investment products, it would be licensed by the FCA and listed in the register. They authorize the company by registering it in the Registry of Legal Entities Company House, which is prohibited by the Financial Services Act of 2012. As a result, this company is a pyramid scheme and should only be trusted with the money of investors.
More Details About Roman Felik’s Fraudulent Investment Company
In 2016, the Ukrainian General Prosecutor’s Office and Security Service gathered enough information regarding the Kyiv Helix Capital branch to arrest three people on suspicion of serious fraud. Because no “investors” in the Helix hoax ever got any money, the three thieves considered themselves to be living the high life.
Thirty bank deposits, seven luxury flats, twelve automobiles, and four automobiles were all taken. However, the matter has just recently been decided in its entirety. Despite the fact that they are under criminal investigation, Roman Felik, Dmitry Naguta, and Boghdan Vorontsov have continued to defraud and have even traveled abroad.
A number of criminal and civil lawsuits have been launched against Helix Capital and the three individuals. Roman Felik, Dmitry Naguta, and Boghdan Vorontsov are suspected of fraud and other crimes in Ukraine and other countries. Nonetheless, they are free to continue earning as much money as possible from the trusting peasants.
Roman Felik and the Instime deception
Roman Felik founded Instime, an MLM Ponzi scheme centered on Instagram. It offers to artificially boost the blogger’s impact in exchange for spreading the news about the Instime hoax. To market the scam, Roman Felik (Felyk) engaged a few local Instagram stars and launched a press blitz. No, there will almost certainly be coins and tokens with MLM characteristics. High returns and excellent prospects are guaranteed.
Roman Felik has a lot of stories to tell. He ran an illegal casino in his hometown of Ternopil. The casino was raided, and the local crooks lost their profits. According to accounts, Roman Felik’s debt is increasing by $10,000 every day. Roman Felik, not the fictional investors he duped, is in debt.
He owes money to mafia members, and these are not easily repaid commitments. To keep up with the pile, he needs to devise new con tricks. Helix had been heavily tainted. As a result, he invented the Instime affair as an alternative.
Transparency
We received an anonymous offer to remove this item today, failing which Gripeo will face ‘Legal Consequences –
In this instance, we protect the interests of Roman Felik, who was assaulted by an anonymous author on www.gripeo.com. Our customer, Roman Felik, is highly active in the legal arena and has already won several instances of this nature.
We are a public relations firm, and our goal is to resolve the matter before it goes to court. Our offer is to pay you for your difficulties in the amount of $200. Accepting our offer is in your best interests. The article should be withdrawn right away.
As a public relations firm, we deal with a wide range of issues, therefore we are prepared to work with you on a variety of topics. For the time being, below is the draft complaint that is now being worked on within the legal department. If we are unable to address the matter, the lawyers will request formal identification from you.
COMPLAINT FOR LIBEL AND DEFAMATION
Plaintiff, Roman Felik, brings this complaint against Defendant, Gripeo.com, for libel and defamation arising from an article titled “Helix Capital to Instime: How Roman Felik Masterminded Investment Frauds” published on the website https://www.gripeo.com/roman-felik/ (the “Article”).
The plaintiff is an individual residing in Kyiv, Ukraine. The defendant is the author of the Article and is responsible for its publication on the website, administration of www.gripeo.com, hosting and domain services by choice………………tl:dr
The next step for these folks will most likely be a Fake DMCA effort. Our official stance is that if you submit us one Fake DMCA notice, we will instantly file a counter notice while posting five additional articles. It isn’t worth it!
What is an investment fraud?
Investment fraud can take various forms, but it often occurs when someone appears as an investment service provider, Financial Advisor, or fund manager in order to persuade you to invest huge quantities of money in a company or service that does not exist.
They can develop convincing-looking websites and advertisements, as well as send you emails, SMS, and automated voice conversations with investments that appear too good to be true. They frequently are.
Investment fraud occurs when someone attempts to dupe you into investing money. They may wish for you to invest in stocks, bonds, notes, commodities, cash, or even real estate. A fraudster may deceive you or provide false information regarding a legitimate investment. Or they may invent a phony investment offer.
Investment scammers may pose as telemarketers or financial counselors. They appear to be intelligent, sociable, and charming. They can inform you that an investment opportunity is critical. They aim to gain your trust in order for you to pay them money as soon as possible and without asking too many questions.
Signs of an investment fraud
- Promises that an investment will consistently earn a lot of money—anything that seems too good to be true usually is.
- People who aren’t licensed to sell securities in Tennessee.
- People who are selling unregistered securities in Tennessee.
- People who lie and say they know a lot about your retirement/investment needs.
- Not having the right paperwork that tells about the investment (i.e. stocks/mutual funds must have a prospectus and bonds must have a circular).
- Aggressive, pushy salespeople who want your answer, your money, or your signature right away.
What You Can Do to Avoid Fraudulent Investments
- Pose inquiries. Fraudsters rely on your failure to conduct due diligence before investing. Avoid them by completing your own research. It is not enough to request additional information or references; scammers have no motivation to correct you. Make time to conduct your own independent research.
- Before you invest, do your homework. Unsolicited emails, message board postings, and company news releases should never be used to make investment choices on their own. Before investing, learn about a company’s operations and its products or services. Check the SEC’s EDGAR filing system for the company’s financial statements.
- Understand the salesperson. Before you invest, investigate the individual advertising the investment, especially if you already know the person socially. Check to see if the securities salesmen who contact you are licensed to offer securities in your state and if they or their firms have had any run-ins with regulators or other investors. You can look up a broker’s or adviser’s disciplinary history for free utilizing the SEC’s and FINRA’s internet databases.
- Unsolicited offers should be avoided. Be extra cautious if you receive an unsolicited pitch to invest in a firm or see it praised online but are unable to locate current financial information about it from reliable sources. It’s possible that it’s a “pump and dump” scheme. Be careful of anyone who suggests international or “off-shore” investments. When something goes wrong, it becomes more difficult to determine what happened and trace money moved abroad.
- Take precautions when using the internet. Online and social marketing sites provide scammers with numerous opportunities.
- Understand what to look for. Learn about the various types of fraud and the red signs that may indicate investment fraud.
Get Justice Suspicious
Bottom Line
A lengthy investigation revealed that Roman Felik has been defrauding millions of people for years, using their hard-earned money to fund his extravagant lifestyle.
His fraudulent activities have included the Helix Capital and Instime frauds, and countless investors have suffered as a result of his crimes. His victims have been heartbroken, with many losing their life savings as a result of his schemes.
Roman Felik’s deceptive activities have harmed countless individuals and families. His downfall should serve as a warning to others who may be tempted to engage in such dishonest tactics, as well as a call to action for the financial system to better safeguard investors and avoid fraud.
