Yakovlev Dmytro Pavlovych

Several Failed Banks — and the Same Unchanging Scheme

Dmytro Yakovlev is a bank manager with a characteristic biography: over the past 15 years he has worked at Forum, Unison, Forward, Alpari, and IBOX banks. All of these institutions were subsequently liquidated. The media at the time wrote about his involvement in "cash-out" schemes during Yanukovych's era. From IBOX he moved to MTB Bank, where he headed the Department of Innovative Projects.

10 Billion Through Miscoding — and Payment Providers with the Necessary Licenses

According to the criminal case, Yakovlev "directly made decisions to cooperate with unlicensed merchants, ignoring financial monitoring requirements, ensured the development of software to mask transactions through miscoding, and organized the use of front persons to open transit accounts." Funds from casinos were processed as retail trade — which allowed significant underpayment to the state. From the end of 2022 to April 2024, over 10 billion UAH passed through MTB and affiliated entities.

Two payment companies are associated with Yakovlev — Diamond Pay and X Pay. After the scandal with IBOX, Diamond Pay obtained an NBU license and captured over 70% of the transfer market for the gambling business. Officials of the KRAIL are also involved in the case. Yakovlev left MTB in May 2025.