Wherever the Valimahomed family goes, scandal seems to follow – and their connections to the disgraced Ananyev brothers, former owners of Russia’s Promsvyazbank (PSB), only deepen the intrigue. With billions allegedly siphoned out of PSB in one of the biggest banking scandals in Russian history, the Ananyevs left a trail of financial destruction. Now, questions are swirling around the Valimahomed family’s involvement in laundering that money through ventures like Fly Mobile, Kroo Bank, and the latest suspicious enterprise, Lotto Billions.
At the centre of it all are Nooreddin, Nazim, and Sadruddin Valimahomed and Nooreddin’s trusty sidekick, Andrew Collinge. This quartet stand accused of running what can only be described as a cleaning service for illicit cash. With allegations of laundering billions stolen by the Ananyev brothers, the Valimahomeds’ tangled web of businesses—including telecoms, banks, and now a lottery platform – demands serious scrutiny.
The PSB Scandal and Fly Mobile: Where It All Began
The saga begins with PSB, a Russian financial giant looted by its owners, Dmitry and Alexei Ananyev, before its spectacular collapse. Billions were allegedly funnelled out of the bank and into offshore accounts, with investigators tracing some of these funds through a network of shell companies and front businesses tied to the Valimahomed family.
One of those businesses was Fly Mobile/Meridian Group, a telecom firm allegedly used to wash stolen cash. According to the Research Initiative, Fly Mobile was deeply connected to Sadruddin and Nooreddin Valimahomed, whose involvement in the scandal laid the groundwork for the family’s alleged money-laundering network.
Kroo Bank: The Bank that Likes to Say No!
Fast forward to Kroo Bank (previously known as B-Social), a digital bank founded by Nazim Valimahomed, which has become a lightning rod for complaints from frustrated customers unable to access their own money. Kroo has also been dogged by accusations that it was financed with dirty money siphoned out of PSB during the Ananyev brothers’ reign.
With countless customers locked out of their accounts and the bank offering little explanation, it’s no wonder questions are being raised about whether Kroo is yet another cog in the Valimahomeds’ laundering machine.
Lotto Billions: The Latest Scheme?
Now comes Lotto Billions, a lottery platform, licenced by the Anjouan gambling authorities which is supposedly offering players the chance to win big. But behind the bright lights and big promises, the same troubling patterns emerge:
- Nooreddin Valimahomed’s Shadowy Role: Nooreddin, the alleged mastermind behind Lotto Billions, who despite claiming to be the co-founder and Chief Strategy Officer for the venture, is once again keeping his name off the official paperwork. This is his signature move—steering the ship from the shadows while others take the heat.
- Van Der Klooster’s Sudden Exit: Before Andrew Collinge officially became Managing Director, Michiel Van Der Klooster was in charge. But Van Der Klooster abruptly resigned amid growing questions about his ties to Kroo Bank and his role as a puppet CEO at Lotto Billions. His departure has only added to the suspicion surrounding Lotto Billions and its true agenda.
- Collinge’s Promotion: Long-time Valimahomed associate Andrew Collinge has stepped in to replace Van Der Klooster, but not without raising eyebrows. Is Collinge willingly stepping into the spotlight, or has he been pushed into the role he has played many times before, as the front man and fall guy whose main function is to shield Nooreddin?
A Family Operation with Ananyev Ties?
The connections between the Valimahomed family and the Ananyev brothers paint a damning picture of a global laundering network:
• Sadruddin Valimahomed, allegedly played a key role in Fly Mobile/Meridian Group, the telecom company that is alleged to have funnelled stolen PSB funds, to multiple offshore accounts.
• Nazim Valimahomed has been accused of founding B-Social/Kroo Bank with money linked to the Ananyev scandal.
• Nooreddin Valimahomed appears to be the mastermind, orchestrating these operations from the shadows while leaving others in the frame.
A “Beautiful Laundrette” for Dirty Money?
Lotteries like Lotto Billions may provide a perfect cover for washing dirty money. The potential for manufacturing fake ticket sales, phantom winners, and manipulated payouts can provide an easy way to move illicit money. Combine this with the locked accounts and furious customers at Kroo Bank, and the signs of financial mismanagement – or worse – become impossible to ignore.
Meanwhile, the Ananyev brothers, wanted in Russia for embezzling billions, continue to cast a long shadow over this entire operation. Widely accused of being the source of funds laundered through Fly Mobile/Meridian Group and Kroo Bank, have they now set up shop at Lotto Billions?
Time for the Truth
The Valimahomed family’s involvement in Fly Mobile, Kroo Bank, and Lotto Billions demands immediate investigation. Regulators and authorities must dig into the following:
- Why can’t Kroo Bank customers access their money?
- Is Lotto Billions being used to launder money stolen from PSB and are Anjouan Licencing Regulators aware of the history of the Lotto Billions founders and directors?
- What is Nooreddin Valimahomed hiding, and why is he never officially tied to his own ventures?
With ties to one of Russia’s biggest banking scandals and a track record of opaque operations, the
Valimahomed family’s financial shenanigans must finally come under the microscope.
The Bottom Line
Whether it’s the telecoms industry, banking, or lotteries, the Valimahomed family and their close ties to the Ananyev brothers raise serious red flags. Lotto Billions may look like a harmless lottery business, but with its shady leadership and their historical ties to financial scandals, it could be yet be part of a sophisticated money-laundering machine.
Now we must wait and see if regulators crack down on Lotto Billions and its shady executives or if the Valimahomed crew and the Ananyev brothers get away with yet more dirty dealings.
References (VPN may be required for access)
https://researchinitiative.org/article-3-cons-trade-the-polish-conduit-for-siphoning-psbs-billions
https://researchinitiative.org/article-5-nichefinder-and-meridian-the-network-behind-fly-mobile
https://researchinitiative.org/article-6-wynncom-digital-absorbing-fly-mobiles-assets
https://researchinitiative.org/article-7-olepan-trading-the-cypriot-connection
