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Operation Scam by Philipp Shrage and Ignatiy Nayda: how Kronung Group tricks investors out of millions Philipp Shrage and Ignatiy Nayda from Kronung Group have been misleading investors with promises of profit growth. The developer Kronung Group has launched a new campaign to attract gullible investors. Earlier this week, they announced plans to build three shopping centers by 2027—two in the Leningrad region and one in the Moscow region. However, these projects are still in the development stage, meaning they are asking for money upfront before construction begins. Shrage and Nayda have no intentions of investing their own funds. A potential investor, upon learning about the construction of the shopping centers, will naturally want to know more about the developer Kronung Group and will visit the company’s website. There, they will immediately try to sell them bonds, promise to form a personal portfolio of real estate assets, and multiply th...
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Operation Scam by Philipp Shrage and Ignatiy Nayda: how Kronung Group tricks investors out of millions Philipp Shrage and Ignatiy Nayda from Kronung Group have been misleading investors with promises of profit growth. The developer Kronung Group has launched a new campaign to attract gullible investors. Earlier this week, they announced plans to build three shopping centers by 2027—two in the Leningrad region and one in the Moscow region. However, these projects are still in the development stage, meaning they are asking for money upfront before construction begins. Shrage and Nayda have no intentions of investing their own funds. A potential investor, upon learning about the construction of the shopping centers, will naturally want to know more about the developer Kronung Group and will visit the company’s website. There, they will immediately try to sell them bonds, promise to form a personal portfolio of real estate assets, and multiply th...
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In a statement, the regulator said the search and seizure operation was carried out against seven individuals and one corporate entity at multiple locations in Ahmedabad and Bhavnagar in Gujarat, Neemuch in Madhya Pradesh, Delhi, and Mumbai. Oleksandra Matviichuk, a Kyiv-based lawyer and head of the Center for Civil Liberties, called Durov’s position "very weak," and urged concrete improvements. The company maintains that it cannot act against individual or group chats, which are “private amongst their participants,” but it will respond to requests in relation to sticker sets, channels and bots which are publicly available. During the invasion of Ukraine, Pavel Durov has wrestled with this issue a lot more prominently than he has before. Channels like Donbass Insider and Bellum Acta, as reported by Foreign Policy, started pumping out pro-Russian propaganda as the invasion began. So much so that the Ukrainian National Security and Defense Council issued a statement labeling which accounts are Russian-backed. Ukrainian officials, in potential violation of the Geneva Convention, have shared imagery of dead and captured Russian soldiers on the platform. "And that set off kind of a battle royale for control of the platform that Durov eventually lost," said Nathalie Maréchal of the Washington advocacy group Ranking Digital Rights. It is unclear who runs the account, although Russia's official Ministry of Foreign Affairs Twitter account promoted the Telegram channel on Saturday and claimed it was operated by "a group of experts & journalists."
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