13.11.2024 Arbitrariness of judges Construction Corruption Kyiv

People are begging for help: raider schemes leave Ukrbud investors without housing

Investors in Ukrbud are trapped in a raider scheme that has left people at risk of losing their homes, as the construction company has been deliberately driven into bankruptcy.

Supreme Court Judge Ogorodnik is reportedly acting in favor of Fedotenkov and Kravchenko, the individuals suspected of illegally seizing Ukrbud. This scheme involves artificially created multimillion-dollar debts aimed at driving the company into bankruptcy.

The first man, Fedotenkov, is on the wanted list, hiding in Vienna, suspected of financing Russian aggression. He used Russian funds to open a chain of restaurants called Tarantino Family, including one in Moscow and one in Kyiv. The latter includes such establishments as: “Murakami, Rukkola, Drova, and Harvest. After moving to Vienna, Fedotenkov not only continued to control the activities of his own restaurants, but also opened a new one in Europe.

Ukrbud’s debt to his company, Valturn, was artificially created to the tune of UAH 150 million.

The second, Kravchenko, is currently in jail. His company, Zhytlo-Capital, sells property rights to apartments to Ukrbud, but instead of transferring the real estate, it demands a refund, which artificially creates another 122 million in debts for Ukrbud.

People who turned to the Association for the Protection of Defrauded Investors for help no longer know where to go. Where is the position of the state and city authorities, why do they allow people to be left homeless, allowing raiders to operate under known schemes?

Dear investors of Ukrbud and other victims of such actions of developers, please write to us! We are collecting materials to help and combat this situation. The Association for the Protection of Defrauded Investors will pay attention to everyone and is already preparing statements to law enforcement agencies.

Please share this information to help bring the truth to the general public and make the authorities hear people!

Did you witness a crime?

Let us know about it. We will help protect the violated rights!

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