Friday, September 20, 2024

The FinMax Racket – Connection to Atrix Group und RusVPN established

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Whistleblower Credits: We would like to thank our whistleblowers for their reports and insights, which help us expose scammers and their payment processors. Together we can make a difference in cyberspace. Together we are an invincible force.

A few weeks ago, we started our research and related reports about the Ukraine-Lithuanian FinMax Racket, which has been active with its scams under different domains like www.finmax.com, www.finmaxbo.com, www.finmaxfx.com, or www.finmaxCFD.com with binary options, CFD, and Forex since 2017. The scammers around Oleksandr Vakulenko are from Ukraine and have been attacking investors in Europe and Russia. We have received a lot of information from whistleblowers and victims and are constantly updating our reports. One of our whistleblowers found Atrix Group Ltd in the UK, publisher, and operator of RusVPN, in the FinMax Racket environment.

Atrix Group Ltd is registered with Company Number NI646922 at UK Companies House and provides an address in Northern Ireland for its registered office. Between July 2017 and April 2020, the company was controlled by Oleksandr Vakulenko, born in May 1975. The current director of the company is Ivan Nykychuk, born in July 1991, from Ukraine.

Atrix Group Ltd is listed as the publisher of the RusVPN app in the Apple app store. In the Google app store, on the other hand, the Hungarian Devsoft Group KFT is listed. On the RusVPN website (www.rusvpn.com), Iron Media Group Ltd, Commonwealth of Dominica, is listed as the operator. The Atrix Group Ltd in the UK allegedly processes the payments for RusVPN, the website informs.

It is not without biting cynicism that RusVPN positions itself as a secure and trustworthy VPN operator while people connected with the group are evidently part of the FinMax Racket. At the moment, we cannot say for sure how the FinMax scam is related to RusVPN but certainly about the person Oleksandr Vakulenko.

We will continue our research and report back. At this point, once again, a thank you to all our whistleblowers. If you have any further information that could help to uncover the scam and its operators and facilitators, please share it with us.