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Contradictory Evidence Emerges in NOA Circle Case - QBF & NOA Circle Fraud

  • Writer: Sun Of Justice
    Sun Of Justice
  • Sep 24, 2023
  • 2 min read

Updated: Apr 21, 2024

Revelations Contradicting Court Statements in the QBF & NOA Circle Fraud Case.

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The intricate web surrounding Linda Athanasiadou, Apollon Athanasiades, Kirill Oleshko, Ksenia Torres and companies NOA Circle and AeliusCircle continues to unravel with new evidence coming to light.


Recent Articles and Blog Posts published on QBFExposed.com and QBFStop.com (Note 1) have unveiled documents and referenced evidence and testimonies from several third-party that starkly contradict the witness statements given by Apollon Athanasiades in the civil case Burlaka Alina Evgenievna and others v NOA Circle Ltd and others, action No. 525/2022 dated 3 January 2023 and 16 March 2023. For those seeking a deeper understanding, the court decisions can be accessed here: Court Decision 1 and Court Decision 2 (Note 2).


It's becoming increasingly clear that there's more to this story than meets the eye. The discrepancies between the documented evidence and the statements made in court raise serious questions about the testimonies' credibility.


Police Investigations and Whistleblowing Fillings

It's worth noting that evidence, which we are currently unable to disclose due to ongoing police investigations, has been presented to authorities as early as 2020. Various whistleblowers have consistently highlighted the direct involvement of the Athanasiades and NOA in the QBF & NOA Circle Fraud case.

REMEMBER, TRANSPARENCY AND ACCOUNTABILITY ARE THE CORNERSTONES OF JUSTICE. LET'S ENSURE THAT THEY ARE UPHELD IN EVERY SITUATION.

As always, it's essential to approach such revelations with a discerning mind and rely on concrete evidence. Pursuing truth and justice remains paramount, and we must ensure that all parties are held accountable for their actions.


We remain committed to shedding light on this matter. As more information becomes available, we will continue to update our readers. The pursuit of truth and justice is non-negotiable.


Please reach out if you have any information or insights about this case. Sharing knowledge is a powerful tool in the pursuit of justice. Stay informed and continue to seek the truth.

 

REMEMBER, TRANSPARENCY AND ACCOUNTABILITY ARE THE CORNERSTONES OF JUSTICE. LET'S ENSURE THAT THEY ARE UPHELD IN EVERY SITUATION.

 

NOTE 1: Recent Posts on QBFExposed.com addressing concerns and evidence on the role and involvement of NOA Circle, AeliusCircle, Roman Shpakov, Dima Lepeshkin, Linda Athanasiadou, Apollon Athanasiades, Kirill Oleshko and Ksenia Torres.


NOTE 2: Court decisions concerning Burlaka Alina Evgenievna and others v Noa Circle Ltd and others, action No. 525/2022 in downloadable PDF form.






 

Accuracy of Information:

We strive to provide accurate and up-to-date information on this website and all of our affiliated websites. However, if you believe any information we have provided is incorrect or misleading, please do not hesitate to contact us. We are committed to transparency and are more than willing to review any alternative data you wish to provide.

If there is a disagreement, we are open to discussing your concerns and providing our verification data. Please note that all our articles and claims have been shared with the parties mentioned in our reports and articles. We always aim to include their feedback, statements, or events in our articles.

Unfortunately, most parties have not responded to our requests for meetings or verifications.

We appreciate your understanding and cooperation in ensuring the accuracy and fairness of the information provided on our platform.



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Oct 05, 2023
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KEY FACTS

VICTIMS: 2,000

ESTIMATED

LOSSES:

APPROXIMATELY

USD 550

MILLION

INFORMATION OBTAINED:

FROM COURT CASES:

​1 2 3 4 5 6 7 8 9 

SunOfJustice  Logo of qbfexposed - The S

QBF Scam Uncovered

The investment company QBF was a promising option for investors in Russia. With its Russian sister company Q.Broker LLC, Cypriot Company Constance Investment LTD, QBF promised maximum convenience, reliability, and significant authorized capital of 333 million rubles.

 

However, what was initially a promising investment opportunity for thousands of investors soon became one of Russia's most prominent financial scams. As it turned out, the company did not use the money from investors to buy shares related to IPO options, as they promised. Instead, the funds were invested in development projects of the beneficiary of the group of companies, R.V. Shpakov, and most of the client funds were withdrawn abroad.  

 

The scam was so massive that more than 2,000 investors were affected, with losses estimated at over 7 billion rubles. Despite the enormous scale of the fraud, temporary management was inactive, and no criminal case had been initiated for QBF fraud. In 2021, after the searches in the QBF group of companies, the investment company stopped paying investors the money due to them for all over-the-counter products, citing non-fulfilment of obligations on the part of Q.broker LLC.

 

Beneficiary Shpakov Roman disappeared from customers abroad. The story of QBF has attracted significant media attention in Russia. Forbes published several articles about the case, exposing the secrets of the financial pyramid and questioning the role of the Central Bank in auditing the company.

 

In November 2021, even Anastasia Volochkova, a famous Russian ballerina, became a victim of the financial pyramid, losing millions of rubles invested in QBF. Despite the attention from the media and the efforts of deceived investors to bring those responsible to justice, QBF fraud remains one of the most significant financial scams in Russia's history.

 

The story serves as a cautionary tale for investors to be vigilant and aware of the risks involved in investing their money.

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