Automatically translated version. May contain inaccuracies compared to the original.
When people are in financial trouble and looking for ways to increase their income, scammers do not wait long. They prey on people's hopes and lure them with false promises of fast and easy money.
That was the case in the 1990s with the rise of financial pyramids, the most infamous of which was MMM by Sergei Mavrodi. And exactly that is happening today, during Russia's full-scale war against Ukraine, again with promises of quick wealth through crypto trading.
Oleksandr Orlovskyi is currently one of the most prominent crypto scammers online. He entices people with stories of monthly earnings of thousands of dollars for an investment of just 100 dollars. But as one might expect, in the end only he ends up with the money while those who trusted him stand with nothing.
Who Oleksandr Orlovskyi is and how he uses the image of success to sell his courses.
Oleksandr Orlovskyi gained fame through a project called Financial Freedom Academy. This “academy” presents itself as the “largest crypto community in Ukraine” and as an educational platform where people allegedly learn to invest in cryptocurrencies and profit from crypto trading. Orlovskyi is marketed as the founder of the project and as a crypto expert who “earned his first million dollars at the age of 24.”
In an interview, he claimed to have been born and raised in Kyiv, but after his family faced financial difficulties, at 16 years he moved to Poland – to the small border town of Zgorzelec. There he completed his schooling and at 18 years moved to Wrocław to study. During university he made ends meet with odd jobs: at a gas station, in a restaurant kitchen, and as a bartender. In most interviews, Orlovskyi tells of a life-changing encounter: a Polish client named Mateusz, who turned out to be a crypto investor, introduced him to the world of cryptocurrencies and became his first mentor in crypto trading.
Thus supposedly the talented crypto trader Oleksandr Orlovskyi was born, who today runs an aggressive PR campaign on social media and presents himself as a successful crypto investor and financial expert. “With 26 I live the life that many dream of: two brand-new cars, residences in two countries, a high income, and travel around the world. But all of that I didn't owe to luck – it is the result of the right mindset and habits,” Orlovskyi writes on his Telegram channel.
He keeps posting photos of himself in designer clothing, with expensive watches, in luxury apartments, beside exclusive cars, and even in front of private helicopters.
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