NOOREDDIN VALIMAHOMED: 
20 COMPANY LIQUIDATIONS, BANKRUPTCY & MISSING FUNDS

The Valimahomed family is comprised of three brothers: Nooreddin, Sadruddin, and Nazmin. Notably, Nooreddin and Sadruddin gained infamy for their involvement in the Panama Papers scandal, while Nazmin founded Kroo.

Nooreddin has a history of establishing companies using deceptive practices and financial manipulation. Across various jurisdictions, such as the Isle of Man and Cyprus, at least 20 companies linked to the family have faced liquidation, resulting in significant losses. The collapse of Fly Phone in Russia is a notable case.

Nooreddin, claiming to be the founder and Chief Strategy Officer of Emeralds Holdings and Lotto Billions faced a personal lawsuit from a Russian bank regarding a £9 million loan he secured for WileyFox before the company collapsed.The case revolves around whether the loan agreements resulted from fraudulent misrepresentation and duress by the insolvent bank’s previous management.

Known for his extravagant lifestyle, particularly on the London nightclub scene where he is known to have a penchant for a specific type of professional companionship, Nooreddin has cultivated a network of “friends and business associates” in Moscow, some of whom have joined him at Lotto Billions, revealing intriguing Russian connections (see Russian Connections).

Nooreddin’s LinkedIn profile, where he boasts about successful business endeavours, raises doubts upon scrutiny. Claims of exiting businesses through sale to Marvel and success as an investor in Soulife Records appear dubious, with public records suggesting financial troubles, liquidations and bankruptcies.

Nazim Valimahomed, another family member, claims success as a marketing expert, particularly with Cadbury Schweppes in Russia. However, this claim seems questionable given the tumultuous history of Cadbury Russia Limited and Nooreddin’s bankruptcy due to the company’s failure.

Nazim continually seeks the limelight as a prominent figure at Kroo, a UK challenger bank, where he initially held significant control as the Founder, CEO and majority shareholder. However, he stepped down from a C-suite role during the Financial Conduct Authority’s (FCA) due diligence process and failed to secure their direct approval. The reason for this sudden change remains unclear, but it is speculated that his family’s Russian connections and undisclosed offshore companies led to his resignation, as these affiliations may not align with the FCA’s stringent due diligence standards.

See blogs:
You’ve Heard of Willy Wonka, Meet Cadbury’s Silly Plonker!

Shady Associates: Russian Connections and Dubious Directors

Meet Nooreddin Valimahomed, the Founder Behind the Lotto Billions Ponzi Scheme

The Wiley Foxes of Lotto Billions go Phishing – Again!

The Mysterious Brothers Behind Kroo & Lotto Billions

Emeralds Holdings and the 3V Thieves

The Valimahomeds – A Family of Thieves

Is Kroo Bank the latest “Valimahomed Scheme”?

Is Lotto Billions Part of the Valimahomed “Beautiful Laundrette” for Dirty Money?

Mystery Man Sadruddin Valimahomed: Billionaire, Puppet Master, or Just Really Camera-Shy?

Zakhir, Anya, and the Billion-Dollar Question: Will the Valimahomed Dynasty Go
Legit?

References:
https://www.thegazette.co.uk/notice/L-55791-UN110

https://lawcarenigeria.com/somji-v-cadbury-schweppes-plc-2000-ewca-civ-340-20-december-2000/

Offshore companies revealed in the Panama Papers:
https://offshoreleaks.icij.org/search?q=NOOREDDIN+VALIMAHOMED

https://offshoreleaks.icij.org/nodes/10169545

https://offshoreleaks.icij.org/nodes/13006304

https://icijold.com/?info=Nooreddin+valimahomed&submit=Search

List of collapsed companies:
https://suite.endole.co.uk/insight/people/351222-nooreddin-valimahomed?page=overview

https://find-and-update.company-information.service.gov.uk/company/03006768/officers?page=2

https://find-and-update.company-information.service.gov.uk/officers/qpyobyYuDRZhJ_UlJ4cQ-0Y8_Bo/appointments

https://companycheck.co.uk/company/02287301/ROSTEL-HOLDINGS-LIMITED/companies-house-data

https://www.zaubacorp.com/company/MERIDIAN-TELECOM-PRIVATE-LIMITED/U72900MH1995PTC084527

Publicity regarding the bankruptcy of Soulife Records:
https://alchetron.com/Soulife

https://www.latimes.com/archives/la-xpm-2004-feb-05-wk-pop5-story.html

“Russian Bank Sues British Phone Retailers For $9M”:
https://www.law360.com/articles/1316181/russian-bank-sues-british-phone-retailers-for-9m

Nazim Valimahomed, a banker who has not been directly approved by the FCA:
https://register.fca.org.uk/s/individual?id=0034G00002t7u8BQAQ