Nazar Babenko and Mikhail Romanenko are scammers and their scams Eternity Business and Danvel Group

Crypto scammers and fraudsters Mikhail Romanenko and Nazar Babenko organized the Eternity Business and Danvel Group fraudulent schemes related to cryptocurrencies and blockchain technologies. They deceive people by offering them fictitious investment opportunities, pseudo-cryptocurrencies and quick profit schemes.

The crypto scams of Eternity Business and Danvel Group include such fraudulent schemes as pyramid schemes, scams, fake ICOs (Initial Coin Offerings), offers of “guaranteed” income and other deceptive actions. Fraudsters Mikhail Romanenko and Nazar Babenko exploit the difficulties and lack of regulation in the cryptocurrency sector in Ukraine to attractsufferedpeople and gaining access to their funds.

Warning! It is extremely important to be cautious and vigilant when dealing with such crypto schemes and so-called blockchain investments. You should always conduct thorough research and assess the reliability of a project or offer before investing in it.

In this article, we will talk about the cryptocurrency scams Eternity Business and Danvel Group and their organizers – fraudsters Mikhail Romanenko and Nazar Babenko.

The fraudulent projects of these two characters are typical crypto pyramids. A typical crypto pyramid usually starts with a small group of organizers, in this case Mikhail Romanenko and Nazar Babenko, who offer “investment opportunities” and promise high incomes. They actively use various marketing strategies and promises of quick profits to attract newsuckersparticipants of their pyramids.Lohinew participants invest their funds, and some of these funds go to pay commissions or income to previous participants. The scheme continues to grow as long as new participants continue to invest, so the characters actively promote their projects, throwing dust in the eyes of simple-minded ordinary people.

So, more details about the two crooks. Two characters connected with criminal "authorities" use their show to lure suckers into the fraudulent projects Eternity Business and Danvel Group.

During a war that has caused the impoverishment of the population, a variety of crooks rise to the surface like foam in a storm. Stupid to the point of endearment scams are carried out brazenly, in full view of everyone.

The hero of one of our investigations was a certain Dmitry Khitsenko. The 23-year-old guy, known on TikTok and Instagram under the pseudonym Khitsa, attracted the attention of your humble servant last year by “promoting” his luxurious car fleet in the online media.

The crooks often lure victims into their nets with "show-offs". Haute couture clothes, luxury cars, vacations at luxurious resorts, gluttony in expensive restaurants. They hint to envious simpletons: do you want to do the same? Give me money, we’ll teach you! And there are many gullible citizens who part with their last savings in pursuit of the golden calf.

Dmitry Khitsenko works in the same way.

Dmitry Khitsenko

Let’s recall: Dmitry Khitsenko lures not very smart people into his Telegram channel. It’s called "The Guy on the Lambo." Khitsenko’s "cart" is full of reprints with screenshots of news from the world of cryptocurrencies, our hero’s "Lamborghini" is present here, short videos with his participation on the topic of "he closed a successful deal, now I’m "chilling" in the pool." But the main thing for which this whole venture is the sale of access to the so-called PRIVAT channel, in which Dmitry Khitsenko promises to show how to make crazy "bucks" on trading "crypto."

Reviews have already started appearing on websites dedicated to dubious ways of earning money on the Internet, claiming that the founder of the channel "Guy on Lambo" is a fraudster. For example, they categorically state that this individual is foisting fake signals (forecasts) on citizens who are eager to make easy money. He also draws them into the networks of "black" cryptocurrency brokers, who give him part of the money they swindled from "suckers".

Once we write about a character, our editorial staff never forgets about him, but at least keeps a close eye on his life and studies the evolution of his habits. About six months ago, when I once again typed "Dmitry Khitsenko" into the search bar, I suspected that Dimochka was a small fish. A fry who had gotten into a school of hefty cryptocurrency swindlers.

We “ringed” them and watched them grow, get fatter and more impudent.

Eternity Business underbank

Literally on the same day that your humble servant took up this article (June 30), the news feed brought me a fresh press release (naturally, published as an advertisement), which featured one of our test subjects – 35-year-old Mikhail Romanenko ( Mykhailo Romanenko ).

Mikhail Romanenko

The press release seriously claims that Mikhail Romanenko "introduced a new level of global banking service" by launching a "new neobank" Eternity Business in London. And supposedly for this (and not only) this entity "was awarded a number of awards by European organizations", including the " International Investment Congress and the OSCE (namely the International Diplomatic Mission)."

Before we take a closer look at the Eternity Business "bank," let’s take a quick look at the organizations that showered Romanenko with awards.

"OSCE", which handed Misha Romanenko some order and "ID", has nothing to do with the Organization for Security and Cooperation in Europe. Not at all. My colleague Pavel Shultz wrote in detail about what it is and how to use it in his investigation for "ORD". If you want to put it briefly, these are swindlers connected with organized crime.

International Investment Congress – almost the same, only more expensive. The office with addresses in Munich, Berlin and Monaco, judging by the “about us” section, was created and managed by people from the “sovok”. The congress website, judging by the history of Google tags, was developed in Ukraine and is supported from its territory.

It is worth assuming that for a certain amount, anyone can apply for an award in any nomination of the International Investment Congress.

Now let’s look at Mikhail Romanenko’s "neobank" - Eternity Business, which is essentially a non-bank.

In the English-language source (the cost of placement starts at $300), the full name of this misunderstanding is indicated as Eterninty Business Limited. It is registered in London, UK.

According to the British registry, Eterninty Business Limited was created by 35-year-old Chernivtsi resident Mykhailo Romanenko on March 24, 2023. When registering, the founder estimated the company’s authorized capital at 100 million pounds sterling (or 4.63 billion UAH). A little later, Romanenko’s Israeli partner, Leo Levin, joined the firm.

Don’t be discouraged by such a huge size of the authorized capital. It’s not that Mikhail Romanenko took out of his pocket and invested one hundred million pounds in the company. It’s that the nominal authorized capital of the company consists of one hundred million ordinary shares, each of which Romanenko valued at one pound. Mikhail Romanenko may not contribute a single shilling to the authorized capital, and no one will guess that the company is a shell. Naturally, until the British tax authorities come to inspect it. But this will not happen earlier than a couple of years after the company’s registration. That is, comparatively soon.

Now let’s look at the types of activities of Eterninty Business indicated during registration.

These are: activities of open investment companies, administration of financial markets, fund management activities and financial management. The word "bank" is not here. And it cannot be.

In terms of its form of organization, Eterninty Business is a so-called Private Company Limited by Shares, LTD. According to the UK Companies Act 2006, this is the lowest level of liability. A banking license is not issued for this.

That is, Eterninty Business cannot be a bank even with the prefix "neo". And the nominal authorized capital of an astronomical size is nothing more than an attempt to give a shell some respectability.

“The uniqueness of the Eternity.business Bank lies in its exclusive investment product , as well as a specialized web platform for interaction with it,” says the above-mentioned press release issued on the occasion of the awarding of Misha Romanenko by fake organizations.

Let’s get a feel for this "exceptional product".

We go to the Eternity.business website. The suspicion immediately grows that this is not a “neobank” at all, butsect"community".

Well. I register, go to my "office". And what do I see? I see another fraudulent Forex scheme.

Terpilethe client will have to "invest", or rather, give Misha Romanenko and his accomplices his money. Allegedly for management. There are four "investment" options to choose from: from $100 (1ET is quoted there for a dollar with a tail) to $10 thousand. Accordingly, the sucker investor is promised a return of 36% to 60% per annum. That is, the more you invest, the more you will be promised.

And they are unlikely to give it. Moreover, there is an extremely high probability that the "neo-bankers" will trick the "investor" into accessing his bank accounts and crypto wallets and rob him blind.

And as in any decent financial pyramid and totalitarian sect, on Eternity.business the client is also promised mountains of “goodies” if he brings a flock of the same sheep.

According to Similarweb, the traffic to the Eternity.business website jumped from 200 visitors in April 2023 to 30,000 in May, indicating moderately active promotion of this “financial product”.

Experts from Paranoid Web Extension have already classified this site as "suspicious".

Danvel Group: very strange "show-offs"

"Mykhailo Romanenko is a non-public and little-known figure in Ukraine. But he is widely known in narrow circles of cryptocurrency holders. He is also one of the youngest billionaires not only among Ukrainians, but also among Europeans in general. He is 35 years old, and his cryptocurrency wallet contains almost 52 thousand bitcoins, which is 1.5 billion dollars!"

Notes with such content were “dispersed” across the Internet on a paid basis in May and early June.

[To avoid getting up again, we note that neither Misha Romanenko, nor his companions-accomplices, nor legal entities associated with them were and are not on the list of large BTC holders. That is, this and other statements about the huge capital of this thug company are obvious "cop".]

Invariably, in the opuses about our hero they claim that Mikhail Romanenko is supposedly the owner of a luxurious fleet of cars:

"In addition to his impressive cryptocurrency savings, Romanenko has an impressive garage of supercars, which includes one of 10 Bugattis. We are talking about a Bugatti Centodieci worth $10 million - exactly the same as Cristiano Ronaldo."

Where do such untold riches come from?

"Mykhailo is a co-founder of the Danvel Group corporation, he is from Chernivtsi, but lives in Kiev and abroad," they explain in one of the recent "orders." "His business partner is a native of Dnipro, Nazar Babenko . This group includes the companies Danvel LTD and Eternity Business Limited , whose main activity is trust management of assets of private investors and venture funds."

Nazar Babenko

What these "venture funds" are, you can judge from Eternity Business, laid out on the shelves a little higher. Here we will stop at other participants of the "concession". And some oddities.

Thus, one of the major surges in mentions of the shady Danvel company in the Ukrainian and Russian-language segments of the Internet occurred in October-December 2022. Moreover, this company was mentioned only in passing, as if by the way, in the context of an “epochal” event: allegedly, a certain Nazar Babenko bought a Bugatti Divo supercar for $9 million.

“ The company he created, Danvel, is among the TOP-20 best teams in the world for asset management in financial markets as of 2022!” – they shamelessly lied in the widely circulated article.

During the same period, a publication was launched and disseminated about Nazar Babenko purchasing a Gulfstream G700 business jet for almost $80 million.

Nazar Babenko poses in someone’s private jet

Also of interest is a publication on a resource hosted on the domain of the aggressor country, which, in particular, states that “the history of the Danvel company began in 2014, under the leadership of Nazar Babenko, a strong team of professional traders was created.”

The strange thing here is that in the PR waves of the company (or group of companies) Danvel, Mikhail Romanenko is almost never mentioned in the context of the "coolness" of Nazar Babenko. And vice versa.

A year earlier, in 2021, English-language websites threw out a bunch of “custom-made” stories about how “Cyprus-based investment management company Danvel Finances is leading the adoption of bitcoins and cryptocurrencies, profitably investing clients’ funds in digital assets” (an example of a publication is here). Unlike Romanenko, Nazar Babenko is not mentioned in this “exhaust” in any way. At all.

But it is mentioned in other English-language "exhausts" where Romanenko is absent, but a completely different "partner" emerges. For example, in this note from October 5, 2022, along with Babenko, a certain Igor Kotov is listed as a member of the Danvel board of directors .

Igor Kotov and Nazar Babenko

Whoever appears as the "boss" of Danvel, all paid publications that mention this company have common features. Firstly, the luxurious lifestyle of the person involved (be it Romanenko, Babenko or Kotov) is highlighted. Secondly, the success of the Danvel company and the uniqueness of its "products" are emphasized. Thirdly, links to the Instagram profiles of the people involved and Danvel are repeatedly written. On these profiles, the visitor is again shoved in the face with luxury and lured into joining Danvel.

If the "client" is ready to "invest", he gets to the Danvel website. Here, in general, beautiful words, he is convinced that the guys have a "formula for financial success" with which he will get rich without wasting precious personal time. "We are the ones leading the revolution of tomorrow," the website states. "Join us!"

However, unlike Eternity Business, you won’t be able to just register right away and start handing out money to crooks. To register, you need an "invitation code" fromanother suckeralready a full member of Danvel.

Despite its ostentatious respectability, Danvel is not doing very well. At least, this is what statistics from SimilarWeb show: traffic to the web platform danvel.com fell from 37.3 thousand visitors in March 2023 to 1.3 thousand in May.

London "safe house" and connections with Koshlyak’s group leading to the President’s Office

The Danvel offshore web, as far as the author of these lines knows, began with a company of the same name registered in Cyprus. At least now, Nataliia Mekenia is listed as the CEO and owner of the Cypriot Danvel.

In Ukrainian registers, Natalia Ivanovna Mekenya was mentioned as the head of companies from the orbit of Gennady Korban, a former partner of the disgraced oligarch Igor Kolomoisky and the mayor of Dnipro Boris Filatov. In particular, the asset management company Slavutich-Capital.

Igor Kolomoisky, Gennady Korban and Boris Filatov

Natalia Mekenya is also listed as an "authorized person" of the Danvel Group charity foundation (registered in Dnepr). The founders of the foundation are the inseparable "crypto investors" Nazar Konstantinovich Babenko and Igor Viktorovich Kotov .

In the second half of 2021, two more Danvels emerged: Danvel Finances OÜ (Tallinn, Estonia) and Danvel Education Ltd (London, United Kingdom). Mykhailo Romanenko is listed as the sole beneficiary of both companies . Most recently, on June 27 this year, Danvel Education was forcibly liquidated due to chronic failure to file reports.

Currently, the Danvel group’s internet platform – danvel.com – according to information provided in the site’s "basement", belongs to the British Danvel Ltd.

But the contact details say Danvel Corp from the Marshall Islands.

There is practically no information about the latter. As for the British Danvel Ltd, the registers indicate that it was registered on November 2, 2022 in London. The nominal authorized capital is 50 million pounds sterling. The sole beneficiary is Mikhail Romanenko.

On March 23 of this year, simultaneously with Eterninty Business Limited, Mikhail Romanenko registered another London company – Danvel Group Limited (nominal authorized capital – 50 million pounds sterling).

In Ukraine, the "underground crypto billionaire" Mykhailo Romanenko is a co-owner of several commercial structures. LLC "Eksa" (Chernivtsi) specializes in brokering fuel, ores, and metals. LLC "Orient-Dim" (Dolina, Ivano-Frankivsk region) trades in timber, LLC "Provector Group" (Kiev) - fruits and vegetables.

Registered on June 10 this year, People for People LLC specializes in web portals. Founded on June 29, 2023, eVidbudova LLC, by a strange coincidence, copies the name of one of the electronic services within the framework of the national program Digital State, developed on the initiative of the Office of the President.

Recently, MP Maksym Buzhansy stated: the assertion that illegal call centers in Ukraine rob Russians is a myth. Referring to law enforcement data, the MP assures that forced migrants are more often victims of telephone scammers, from whom the swindlers extort money received under the " ePidtrimka " program. Remember this point, it is important.

Let’s move on.

Mykhailo Romanenko is also the founder and director of two public organizations – the Ukrainian Association of Volunteers and the WEB3 Association of Ukraine, as well as the Volunteer Initiative of Ukraine charitable foundation.

Judging by the Facebook page of this subject, in the public sphere he is focused on helping internally displaced persons and promoting WEB3.0 ideas.

The scope of Mikhail Romanenko’s charity looks more than modest against the backdrop of the rumors he himself spread about his billion-and-a-half fortune. And his posts about technology give the persistent feeling that they were written using ChatGPT.

Mikhail Romanenko does not write about his untold wealth at all, and if it were not for a couple of posts (for example, this one) dated 2021, one could come to the conclusion that this person is in no way connected with Danvel, someone just stole his identity.

Romanenko’s partners in the “Danvel” adventure – Nazar Babenko and Igor Kotov – are no less mysterious characters.

Nazar Babenko and Igor Kotov

Nazar Babenko accidentally became famous throughout the country back in 2015, when he was barely 21 years old.

On the afternoon of September 4, 2015, in Dnepr, a student of the Dnepropetrovsk University of Internal Affairs Nazar Babenko, together with another young man (presumably Igor Kotov), parked a Porsche Cayenne across the parking lot of the Privat-Auto service station. After complaints from customers, the deputy director of the service station asked the young men to remove the car. The young men brutally beat him.

A serious scandal erupted. The capital’s press became interested in Nazar Babenko. Local law enforcement officers swore to punish Babenko and his friend as an example. But Babenko’s Porsche Cayenne continued to frighten Dnipro residents for a long time with its careless driving on the wrong side of the road. In short, the young man remained unpunished.

The author does not know for sure how the two great "schemers" met - Mykhailo Romanenko from Chernivtsi and Nazar Babenko from Dnipro. In the Ukrainian registers, no connection between these subjects can be traced, as if they had no common affairs. But there is one clue in the British register.

According to this entry in Companies House, on June 11, 2019, EXA Consulting Ltd was registered in London with a share capital of £1 million. According to the registration document, the company’s shares were equally divided between Nazar Babenko from Dnepropetrovsk and EXA Limited Liability Company from Chernivtsi. The latter is Exa LLC, co-owned by Mykhailo Romanenko. The British Exa was headed by the director and co-owner of the Ukrainian Stanislav Adzhiev. Two years later, EXA Consulting Ltd was forcibly liquidated due to failure to file reports.

Babenko’s connection with Kotov is more obvious. Babenko’s full name appears together with Kotov in two legal entities registered in Ukraine. In addition to the Danvel Group Charitable Foundation, which is managed by a manager from Korban’s orbit, there is also the Bloggers advertising agency. The director of this company is Igor Kotov.

From him comes the connection to more interesting characters.

Igor Kotov is a co-founder of the NGO "Sports Club "Leon". Among other founding fathers of this remarkable public organization, Mikhail Anatolyevich Koshlyak stands out.

Mikhail Koshlyak

The President of the Ukrainian Judo Federation, Mykhailo Koshlyak , is a very influential businessman in the Dnipropetrovsk region, a deputy of the Dnipropetrovsk regional council from the pro-Russian Opposition Platform - For Life.

They slander that Mikhail Anatolyevich, then still a coach and master of sports of the USSR in judo, began his business career in the turbulent 1990s as part of the organized criminal group of Narik (Alexander Nalekreshvili, who eventually changed his surname to Petrovsky). Zamaterev, Mikhail Koshlyak acquired his own group under the code name "Leon".

Around that time, Mikhail Anatolyevich became friends with the Interior Ministry Major General Nikolai Astion, who was then in charge of organized crime in the Dnepropetrovsk region. They became related – Nikolai’s son Vasily Astion became Koshlyak’s son-in-law; the Astion-Koshlyakov business group was formed.

Mikhail Koshlyak is closely connected with the above-mentioned Gennady Korban . In fact, Koshlyak served for a long time as the "power wing" of the Privat financial and industrial group led by the oligarch Kolomoisky, which, as is known, included Korban. During the Revolution of Dignity, Mikhail Koshlyak was on the side of Yanukovych’s gang: Leon militants diligently beat up Euromaidan activists in Dnipro. When the revolution won, Koshlyak himself almost joined the Right Sector. But he ended up in a pretrial detention center.

Koshlyak was arrested in connection with the case of his partner Gennady Korban. As Segodnya wrote, the latter was charged with crimes committed in the position of deputy chairman of the Dnipropetrovsk regional state administration, namely: the kidnapping of the chairman of the State Land Agency Sergey Rudyk and the director of the department of corporate rights and legal support of the Dnipropetrovsk city council Alexander Velichko, the creation of an organized criminal group, and the misappropriation of funds from the "Country Defense Fund".

But the case fell apart. Mikhail Koshlyak even sued the state of Ukraine in the European Court of Human Rights over this matter and won.

However, Mikhail Anatolyevich’s penchant for corporate raiding has led to him being constantly accompanied by criminal proceedings, which, alas, have not yet been brought to a logical conclusion. In some of them, the EDRPOU code 38677966 flashes, belonging to the NGO "SK Leon", co-founded by Igor Kotov and Mikhail Koshlyak. But the prospects for these criminal cases are very vague. Because the previous case against Korban and Koshlyak collapsed thanks to the reliable defense of lawyer Andrey Smirnov. At the moment, Andrey Smirnov works as the deputy head of the Office of the President of Ukraine, where he oversees issues of legal policy, law enforcement and judicial systems.

Andrey Smirnov

But let’s get back to our sheep.

Dnipro, where most of the heroes of this story come from, has confidently established itself as the Ukrainian capital of fraudulent call centers. And here we are talking not only and not so much about the schemes “your son got into an accident” or “you are being called from the bank”, but about scams with fictitious trading of both cryptocurrencies and FOREX – fiat currencies (let us recall: Danvel and Eternity Business have signs of such fraud). Anonymous sources have repeatedly indicated Mikhail Koshlyak among the beneficiaries of such schemes. And these rumors may be indirectly confirmed by the participation of his protégé Kotov in the cases of Romanenko and Babenko.

A piquant nuance: the inseparable "crypto investors" Igor Kotov and Nazar Babenko are also registered as individual entrepreneurs (the first, the second). In the cards of both, among the types of activity, there is KVED 82.20 - "activities of telephone centers".

Another question is how much he is involved and how much he has a stake in the President’s Office.

How crypto-scheme designer Mikhail Romanenko fools suckers with virtual hypercar purchases.

"Venture investors" Nazar Babenko and Mikhail Romanenko are "showing off" the "skeletons in the closet".

In difficult wartime, Ukrainian multimillionaires prefer to advertise their assistance to refugees and the army, rather than their profits and luxurious lifestyle. Information about a politician or official buying a new car or expensive real estate inevitably turns into a scandal and an investigation by the competent authorities. As Ivan Chip writes in his review for the CRiME and [high-profile cases] projects , only various swindlers pay the press to present themselves as indecently rich and successful.

Just yesterday, while scrolling through the Internet pages of seemingly serious publications, the author of these lines came across a note cloying with vanity. “Focus,” citing “TopZhir,” wrote that “young billionaire Mikhail Romanenko ” (pictured above) bought a limited edition high-speed supercar Bugatti Bolide for $4.6 million.

For some reason, Focus emphasized that "this is not the first Bugatti supercar in the collection of the 35-year-old native of Chernivtsi." Allegedly, earlier "Mykhailo Romanenko decided to buy an even rarer and more expensive Bugatti Centodieci coupe for 10 million dollars. Only 10 such cars were produced, and one of them was purchased by Cristiano Ronaldo."

"TopZhir" did not fail to emphasize that "Bugatti Bolide is not just a car, it is a masterpiece that embodies the essence of speed, efficiency and luxury."

“Owning such a hypercar is a recognition of success and status, and Mikhail Romanenko is the embodiment of the fact that the fulfillment of dreams is real when you have passion, motivation and determination to reach high heights,” my colleagues wrote without batting an eyelid.

This particular high-flown nonsense, thanks to generous financial injections, has been spreading across the Internet for several days now.

To be precise – since last Monday. And this is connected with what happened last Friday. And last Friday, the internet projects CRiME and [high-profile cases] published an investigation by the author of these lines, where the leading roles are played by the happy owner of Bugatti Mikhail Romanenko.

Let me remind you that Mikhail Romanenko and hisaccomplicepartner Nazar Babenko ( Igor Kotov, who is close to Koshlyak’s organized crime group, is also mentioned among the “concessionaires” ), through the efforts of PR people, are positioned as beneficiaries of the “new neobank” Eternity Business and the “asset management company” Danvel Group .

Igor Kotov and Nazar Babenko

It was not difficult for your humble servant to find out that the companies Eternity Business and Danvel registered by Mikhail Romanenko in the British jurisdiction are most likely dummies. And their web platforms are probably components of fraudulent schemes.

At first glance at Eternity.business it becomes clear that this is by no means a “neobank”, as claimed in advertising releases, and not even a “community”.

Everything points to this being a Forex scam.

Mikhail Romanenko and the duo Nazar Babenko and Igor Kotov alternately participate in the promotion of another “project” of the heroes of our publication – the company Danvel (the names Danvel LTD, Danvel Group, Danvel Corp., Danvel Education, Danvel Finances also appear). However, the latter two are de jure the owners of the Ukrainian Charitable Foundation “Danvel Group”, and the European “clouds” of Danvel were registered in Mikhail Romanenko’s name.

By promoting Danvel, the participants of the "concession" emphasize the success of the company and the uniqueness of its "products", while boasting about their luxurious lifestyle. Nazar Babenko has been especially successful in this.

Nazar Babenko

On the Danvel web platform, visitors are convinced in beautiful words that these bigwigs allegedly have a “formula for financial success,” with the help of which anyone who invests in this “scheme” will get rich without wasting precious personal time. “We are the ones leading the revolution of tomorrow,” the website states. “Join us!”

Despite its ostentatious respectability, Danvel is not doing very well. At least, this is what statistics from SimilarWeb show: traffic to the web platform danvel.com fell from 37.3 thousand visitors in March 2023 to 1.3 thousand in May.

If Nazar Babenko, to make the myth of his untold wealth more credible, even takes pictures in private jets, then his partner Mikhail Romanenko has so far only managed to make “photo-toads” with supercars.

Despite the fact that in commissioned publications Mikhail Romanenko attributes to himself a fortune of $1.5 billion in bitcoins. However, we found out that neither Romanenko, nor his companions-accomplices, nor legal entities associated with them were and are not on the list of large BTC holders .

From this we can conclude that publications about the luxurious lifestyle of Romanenko, Babenko and other members of their gang, firstly, serve to lure potential victims into the financial pyramids of Danvel Group and Eternity Business. Secondly, to push out from Google search results incriminating publications that scare away "Pinocchios" from the hastily concocted "fields of miracles". So...

Mikhail Romanenko and Nazar Babenko. Malicious alimony defaulters and tax evaders: what crypto scammers are known for in Ukraine

Malicious alimony defaulters and tax evaders: what multimillionaires Mikhail Romanenko and Nazar Babenko are known for in Ukraine

Not only Ukrainians, but also people from many countries of the world follow the luxurious life of the "golden youth" Mykhailo Romanenko and especially Nazar Babenko on Instagram. If the media write about Romanenko’s expensive cars, then Babenko has gone much further - in his social networks he tries to reflect the entire "eliteness" of his existence.

At a time when the entire country is mobilized to help our Defenders, Babenko’s brazen behavior looks like dancing on bones. However, this does not bother the young multimillionaires. They are demonstratively spending hundreds of millions of dollars on "toys" for themselves and are trying in every way to present it as a whole. This is not done by chance. As the correspondents of "Anticor" managed to establish, most of the elite photographs, to put it mildly, do not correspond to the real businessmen’s affairs.

Officially, in Ukraine they are poor people, who actually have nothing. So where do the hundreds of millions of dollars come from? This is in our article.

Demonstrative "elite"

Let’s start with Nazar Babenko. He is a real star of social networks. On Instagram, the 27-year-old "golden guy" has more than 10 million subscribers from all over the world. And this is not surprising. There is really something to look at there: the entrepreneur boasts of cars worth tens of millions of euros, a private jet, a helicopter, elite vacations and, of course, "business activities".

Nazar Babenko’s Instagram

There are many questions about this lifestyle. But we will focus on two key ones: how did a 27-year-old man of draft age leave Ukraine during martial law? Judging by his geolocations, Babenko is constantly abroad. He mainly posts photos from Dubai, Istanbul, London and Zurich. The second question is even clearer: where does he get so much money? We are talking about hundreds of millions of dollars, because the businessman’s plane alone costs about 80 million dollars. If we add many valuable cars and a helicopter to this, we already have a hundred million. And this does not include housing, assets, the value of companies, etc.

Babenko’s publications also feature Igor Kotov, who is his business partner. Kotov’s lifestyle is identical to Babenko’s.

Photo from Igor Kotov’s Instagram

As for Mikhail Romanenko, his social networks are inactive, but he uses another way to publicize his success and wealth. Romanenko posts news about the acquisition of elite property on news websites.

News about Mikhail Romanenko’s valuable cars

Multimillionaires-Poverty

In public, we see an ideal picture: young entrepreneurs who have achieved everything on their own. In reality, it is not that simple. Even the international press is openly writing that Romanenko-Babenko’s companies are engaged in scams - "bench" (fraud using the Internet). The image of young multimillionaires is part of their earnings. Thus, they demonstrate success in order to attract new "victims". Businessmen impose their consulting services in the field of cryptocurrencies and securities, essentially involving people in trading. And then it’s all or nothing, as luck would have it. Someone really makes money, but most investors lose their savings. Formally, there is no violation of the law in this, because people should understand that this is a risky activity and you can lose money in trading.

Another type of business activity of the businessmen contains all the signs of fraud. Currently, they founded the company Eternity Business Limited in London, which they called a bank. In the Ukrainian segment, it has already been promoted as a "neobank", and, of course, they encourage people to bring funds there. Romanenko and Babenko’s startup has nothing to do with the bank. Everything works according to the standard pyramid scheme: only those who were the first to invest in the scam will receive funds. And then (at one fine moment) everything will disappear along with the owners of the establishment.

According to official documents, Romanenko is not a rich man in Ukraine and has problems with the law. Romanenko does not pay taxes, evades fines for traffic violations, and there are currently 19 (!) enforcement proceedings against Romanenko.

Data from the register of debtors on enforcement proceedings against Romanenko

This is just the beginning. Before Romanenko became a fashionable multimillionaire, he had his own private entrepreneur. In Chernivtsi, he was involved in the restaurant business and, apparently, had good relations with the local authorities. This is evidenced by the documents. In 2015, the 27-year-old entrepreneur signed an Agreement with the Housing and Maintenance Department of the city of Chernivtsi. According to the terms of the contract, Romanenko received a number of premises in military town No. 101 on lease, with a total area of 281 sq. m., worth 2.8 million hryvnia for only 11 thousand hryvnia per month.

Military town property lease agreement

After Chernivtsi, Romanenko went to Cherkassy for a short time, where he reopened a sole proprietorship, the main activity of which was “market research”. In Cherkassy, he met a citizen of the Russian Federation, Denis Vladimirovich Manoliy. Together they returned to western Ukraine. In Ivano-Frankivsk, the partners opened their own woodworking company, ORIENT-DOM. The third owner of the enterprise was a Hungarian citizen of Chinese origin, Cheng Jing. Before the full-scale invasion, their company operated, but submitted “zero” declarations to the tax authorities, as if no business activity was being conducted.

A fantastic situation occurred in April 2022. The police found Russian citizen Denis Manoliy (Romanenko’s partner) in the Ivano-Frankivsk region. He was detained as a person on the territory of Ukraine without proper grounds. Manoliy himself stated that he had been living in Ukraine since 1995, and the businessman had thrown away his Russian passport. As evidence, he provided a USSR passport. The Ukrainian justice system did not pay attention to this fact, so he was sent to a temporary residence center for foreigners. It is still unknown whether he was deported.

Excerpts from court decisions on Manoliy

The situation with Babenko is similar - he has never had any profitable business in Ukraine. Currently, he is a sole proprietor whose main activity is the rental of real estate (roughly speaking, a realtor). The founder of the Bloggers company is also a businessman. The company was created in 2021, and there is currently no information about its business and financial activities. Its director and co-owner is Igor Kotov, Babenko’s partner.

Information about Babenko’s business

There is no confirmation of the origin of the multimillionaires’ income. There are only problems with the law and a connection with a shady Russian. But these are far from all the questions for Romanenko and Babenko.