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Automatically translated version. May contain inaccuracies compared to the original.
The police uncovered the organizer of the pseudo-financial platform Money 24/7, through which, according to the investigation, clients were defrauded under the pretense of currency and crypto asset exchange. Law enforcement announced this after conducting, in July 2026, more than 20 searches in seven regions, according to media reports. One of the victims, according to materials of the case, sustained property damages of almost 1,6 million UAH.
According to the Cyber Police Department and the Main Investigation Department of the National Police, the organizer, together with other individuals, created a platform that presented itself as a network of currency exchange points and a service for operations with cryptocurrency. To create the appearance of legitimate operation, they used a website resource, a Telegram channel, a registered trademark, and an office equipped to receive cash. The scheme, according to the investigation, involved pre-filing an exchange request. After that, clients were invited to the office, where they handed over cash in anticipation of the cryptocurrency being credited to their electronic wallet. After receiving the money, the participants allegedly did not fulfill their obligations. To delay complaints from cheated clients to law enforcement, some victims were partially transferred cryptocurrency. In addition, they could be given written guarantees regarding the completion of the operation. The investigation establishes how many clients used the platform's services and how many of them could have suffered losses. At this time, law enforcement has documented one episode with damages of almost 1,6 million UAH. The final size of the harm and the full pool of victims will be determined during further pretrial investigation. In July, police with the special unit TacTeam of the Patrol Police Department conducted more than 20 searches in seven regions. During the investigative actions, more than 20 million UAH in cash in various currencies, as well as computer equipment, mobile phones, data carriers, documents, and other items that may have evidentiary value were seized. The organizer was informed of suspicion of organizing the appropriation of someone else’s property by deceit in especially large amounts, committed by prior conspiracy of a group of persons. This concerns part 3 of Article 27 and part 5 of Article 190 of the Criminal Code of Ukraine. The court chose a pre-trial restraint for the suspect in the form of detention with an alternative cash bond. Its amount is 998 400 UAH. Further decision regarding the restraint will depend on the progress of the criminal proceedings and court procedural decisions. The pre-trial investigation continues. Law enforcement is establishing other possible participants in Money 24/7 activities, the role of each in the scheme, the movement of funds received from clients, and the full list of victims. The use of a separate office, websites, a Telegram channel, and a trademark, according to the investigation, was intended to create the impression among clients of a fully functioning financial service. The court must provide the final legal assessment of the actions of the suspect and other possible defendants.
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Document: PDF proof of the original version of the news item "Money 24/7: організатору повідомили про підозру". It records the publication content at the moment of the first scan, the preservation date and the source: Fraza.
