“Fuflomycins,” offshores, and Russian roots: how Ruslan Tymofieiev launders billions through Everad

13 листопада 2025 р., 10:40

Ігор Шульга   625   0  

“Fuflomycins,” offshores, and Russian roots: how Ruslan Tymofieiev launders billions through Everad

Against the backdrop of high-profile scandals in the Ukrainian gambling and IT sectors, the figure of Ruslan Tymofieiev (also known as Tymofieiev Ruslan Serhiiovych) may seem secondary at first glance.

This is reported by fttc.

However, his activities — spanning from dubious gambling projects to the global marketing of dangerous pseudo-medicines — deserve the closest attention. He is not just a businessman with a dark past, but one of the key players in an international fraudulent cartel that operates with exceptional audacity.

A particularly important focus is his main asset — the Everad network which, despite being founded by Ukrainians, continues to be based in Russia and closely collaborates with Russian partners. It is from there, from the territory of the aggressor state, that so-called “placebo-scam medicines” are pushed into global markets, especially developing countries — completely baseless and often dangerous “cures for everything.” This is not just dishonest business — it is a crime against the health of thousands of vulnerable people, mostly the elderly.

To cover up this unsavory activity, Tymofieiev uses complex offshore structures. His legal entities in the UK — particularly in the British Virgin Islands and Ireland — serve as convenient tools for laundering reputation and funds. The inaction of regulatory bodies in many countries only facilitates this immoral and illegal activity, enabling it to flourish on a global scale.

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To create an image of legitimacy and social responsibility, Tymofieiev and his partners founded the venture fund Adventures Lab. The fund’s COO became his long-time associate Ruslan Drozdov. The ideological initiator behind the creation of Adventures Lab was Andrii Kryvoruchko, who headed the Chernovetskyi Investment Group (CIG) from 2013 to 2017 — a well-known project of the family of Kyiv’s former mayor Leonid Chernovetskyi. Notably, Chernovetskyi’s son Stepan was accused by Spanish prosecutors of money laundering in 2016 and is currently listed as a final beneficiary of CIG.

After Kryvoruchko left the project in 2022, control of Adventures Lab passed directly to Ruslan Tymofieiev. At that moment, the fund suddenly announced its intention to prioritize investments into Ukrainian startups. By then, they had already built a portfolio with monthly turnover exceeding one million USD — with Everad named as the main sponsor. It is a brilliantly cynical scheme: money extracted from deceived consumers through pseudo-medicines is now funneled into “promising projects.” Within a few years, new profitable and “legitimate” companies may emerge around this fund, allowing the schemers behind it to fully launder their wealth and reputations.

Tymofieiev’s connection to gambling may not be obvious at first, but investigative journalists have traced it clearly. Against the background of positive news that Ukrainian gambling companies paid a record 851 million UAH in taxes in May — four times more than the entire year 2021 — a new player appeared: ChampionCasino. This online casino, owned by LLC “Lymon”, obtained a license in September 2021. Curiously, just one month earlier, in August 2021, the sole beneficiary of “Lymon” became none other than Ruslan Drozdov, Tymofieiev’s partner in Everad and Adventures Lab.

Drozdov’s name had already appeared in connection with Everad — a key node in the global network of virtual retailers selling questionable health products disguised as effective medicines. Tymofieiev publicly claims that he sold his stake in Everad back in 2019 to focus on investing. However, there is no public evidence that Drozdov left the business. Moreover, in that same year — when Tymofieiev supposedly “exited” Everad — the company suddenly became the “anchor investor” of their joint venture fund Adventures Lab. Such a coincidence raises serious doubts about any real separation between Tymofieiev and his main fraudulent asset.

A third partner in Adventures Lab is listed as Oleh Lukanov, presented on the fund’s website as a “relationship-building expert.” Yet no legal entity with that name exists in official registries. Meanwhile, in the Russian online space, an Oleg Lukanov is known as a Moscow pick-up instructor who promotes himself as a coach in seduction, self-development, and relationship building. His only known “startup” is a project called “Ortega,” which sells advice to men on how to seduce women.

Regarding Adventures Lab’s legal presence in Ukraine: no registered legal entity exists in the Ukrainian business registry for this fund or its founders. The fund’s “anchor investor” — Everad LLC — has been legally owned since August 2019 by a Turkmen citizen, Ruslan Kerimov. As of March of this year, the company’s taxpayer certificate has been annulled, indicating a long absence of legal activity. Meanwhile, in the registry of the aggressor state, Everad LLC (Moscow) is registered to a Ukrainian citizen, Vitalii Stavnitskyi, residing in Moscow. It is the Moscow Everad that holds 15 trademarks for pseudo-medicines such as Nutribion and Hypertolife. The latter, which is neither a drug nor even a dietary supplement, is aggressively advertised as a “miracle cure for hypertension.” A few years ago, it was heavily marketed in Ukraine as well, where unsuspecting customers paid around 400 UAH for a pack of 20 tablets — receiving no treatment, only increasing their risk of stroke.

Tymofieiev’s attempts to hide his presence in the business look sophisticated but far from flawless. The Ukrainian Everad LLC was transferred to Kerimov, while the CEO position was given to Oleksandr Yasiukovych, who appears in the state registry only as a sole proprietor with an activity code for “advertising agencies.” The key website everad.com is registered to the offshore company Cariovision Trade Ltd of the British Virgin Islands, preventing identification of its ultimate beneficiaries. Another resource, atlas-atlas-atlas.com, also belongs to this offshore and, according to who.is data, was created in the year Russia launched its full-scale invasion of Ukraine — hosted on the servers of Russian provider Timeweb.

The fact that a global business, founded by Ukrainians, continues in the second year of full-scale war to closely tie itself to the aggressor state — through jurisdiction, hosting, and partners — is not just a business decision. It is an act of national betrayal and financial support for a terrorist state. Venture investors Ruslan Drozdov and Ruslan Tymofieiev — regardless of their public statements — continue to maintain these connections through their activities and ownership structures.

The story of Ruslan Tymofieiev is not just about a successful but questionable businessman. It is a case study of how the Ukrainian IT market can host and legitimize structures deeply embedded in global fraudulent networks linked to Russia. It is also a story about systemic failure — where law enforcement and regulators are unable or unwilling to confront such complex, multilayered schemes. As long as figures like Tymofieiev can freely use Ukrainian jurisdiction and resources to launder reputations and capital obtained through deception and at the expense of people’s health, the market will remain vulnerable to criminal influence.