Oleg Larin

Loans from the fraudster Oleg Larin
(ATM Online)

In 2015-2016 Oleg Larin committed a serial theft of assets of a commercial organization in the amount of more than 3 million US dollars:

– in 2015 – by fraud (Article 159 of the Criminal Code of Russian Federation);

– in 2016 – twice by embezzlement (Article 160 of the Criminal Code of Russian Federation).

For these crimes, Oleg Larin was found guilty by the court of Russian Federation. Currently, he is serving a sentence of six years in prison in a penitential jail in Ryazan (Russia).

In addition to the established facts of criminal activity, the competent state bodies are investigating materials about the involvement of Oleg Larin during his work at ATM Online, as well as other persons into the theft of intellectual property in the countries of the Asia-Pacific region: databases and computer programs for assessing credit risks.

Bearing in mind the fact that Oleg Larin has been established insolvent by the Moscow Arbitration Court in 2020, creditors are in search for his property worldwide.

We urge all persons who are aware of Oleg Larin’s property in any jurisdictions (bank accounts, shares, real estate, other assets), as well as the circumstances of his theft of intellectual property, to report this to the email address: info@oleglarin.com. Remuneration and anonymity are guaranteed.

During the interrogation, Oleg Larin informed the Russian police of his work under an employment contract as a financial expert in the Vietnamese company “ATM Online Vietnam Co., LTD”. And also about getting to know its owners and top managers: Alexey Bychkov, Sergey Lykosov, Do Min Hai.

Extract from the protocol of the interrogation of Oleg Larin on 03.07.2018, in which he reports on the existence of his own microfinance business in Vietnam, created at the end of 2017 “together with his comrades” (we are talking about the Singapore operating company TM Online PTE. LTD.).

Extract from the minutes of the court session of the Second Cassation Court of 22.10.2020, during which the lawyer of Oleg Larin – Kitsa A. N. confirmed the existence of his client’s own large business in Vietnam.

Oleg Larin’s wife, Maria Larina, lives permanently in Russia and is not engaged in business activities. At the same time, she is the owner of the Vietnamese company Madrid International Co., LTD, created 2 months after the sentencing of her husband, apparently only to withdraw money stolen by Oleg Larin and “laundered” by him through a foreign microfinance business. Judging by the register of legal entities in Vietnam, Oleg Larin’s partner Alexey Bychkov, who owns a 1% stake in Madrid International Co., LTD, helps her in this.

Oleg Larin’s wife, Maria Larina, who is not an entrepreneur, received funds from Vietnamese companies: ATM Online Vietnam Co., LTD (January 2018 – October 2019), HBT Trading Joint Stock Company (November 2019 – January 2020), Madrid International Co., LTD (since January 2020). In addition, according to the register of legal entities of Vietnam, she still represents the interests of Madrid International Co., LTD, which was created, obviously, to withdraw funds received from the turnover of Oleg Larin’s capital in the microfinance business.

On March 12, 2020, Oleg Larin has been established insolvent by the decision of the Moscow Arbitrage Court. A procedure for the sale of his property has been introduced in his regard.

Thus, we can confidently draw the following conclusions:

1. The assets stolen by Oleg Larin in 2015-2016 have been invested in 2017 in the company TM Online PTE. LTD. (Singapore), a microfinancing company in the Asia-Pacific region, including the ATM Online brand.
2. Taking into account the conviction of Oleg Larin for serial economic crimes, the evidence of his participation in the creation of TM Online PTE. LTD., as well as the fact of personal bankruptcy against the background of the ongoing operational activities of the Singapore company, there is no doubt that the entire business in the region, built by him together with other persons, is fraudulent.
3. Currently, Oleg Larin, with the assistance of his wife and other persons, carries out the legalization of assets obtained previously by criminal means.