Dear Clients,
As you already know, we are handling this case in conjunction with the Jubilee Ace and Jenco, GTR (all together known as the Jubilee Group) cases. Investigations have revealed that both cases are connected. Since the Jubilee Group case was initiated first, and the investigation is in an advanced stage, it is advantageous for us to link the 3Key Lyra case to it.
Newspapers, social media, and other means of information are full of news about online scams. This is understandable because sensationalist headlines sell newspapers and increase viewership.
There is much less news when a cybercrime case is resolved or reaches a legal conclusion. This is because a considerable amount of time usually passes from the first sensational news when the incident occurred. If it is no longer important to the newspapers, it still matters to the victims.
Therefore, I am sharing a piece of news about the guilty verdict of a cyber fraudster. We expect that in the foreseeable future, the Jubilee Group and 3Key Lyra case will appear in the newspapers with such news.
“EvoRich’s Andrey Khovratov sentenced to 5 years in prison
EvoRich Ponzi founder Andrey Khovratov has been sentenced to five years in prison. Prosecutors had asked the court for a six year sentence.
Following his arrest attempting to flee Russia in early 2022, Khovratov was charged with five counts of participating in fraud via organized crime.
Khovratov, being the general director of Academy of Private Investor LLC, together with an accomplice who is on the wanted list and other unidentified persons, created a website accessible to an unlimited number of people, informing that anyone can become a co-owner and shareholder of a global investment fund operating in all segments and sectors of the investment market.
The defendants misled victims by providing deliberately false information that the investments would make it possible to implement the program of the New Economic Evolution of the World, created by Khovratov, ensuring high return on investment.
In order to make a profit, the misled victims purchased cryptocurrency from the defendants, transferring funds to accounts controlled by them.
The members of the organized group distributed the funds received from the victims among themselves, evading their obligations to pay dividend income from investing in cryptocurrency, as well as to return the funds.”
Zoran Miljakovic
Attorney at Law