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High Altitude Holdings Limited
High Altitude Holdings Limited, owned by Ukrainian businessman Vadim Shulman, has been embroiled in legal disputes and corruption allegations, raising concerns about its business practices.
Quick summary on High Altitude Holdings Limited
High Altitude Holdings Limited, under the ownership of Ukrainian businessman Vadim Shulman, has been implicated in various legal disputes and allegations of corruption. Shulman, a prominent figure in industries such as mining, chemicals, energy, and telecommunications, has faced numerous legal challenges that have brought his business practices into question.
Legal Disputes and Allegations: Shulman has been involved in multiple legal battles, notably against former business associates Ihor Kolomoisky and Gennadiy Bogolyubov. He alleges that they defrauded him of significant sums, leading to protracted legal proceedings. In one instance, Shulman accused Kolomoisky and Bogolyubov of embezzling over $500 million, but jurisdictional issues hindered the case’s progress in the High Court. Additionally, Shulman has filed lawsuits against individuals such as James Plante and Yuriy Gurevich, further highlighting the contentious nature of his business dealings.
Financial Activities and Controversies: In 2012, Shulman, residing in Monaco, purchased a Gulfstream G450 aircraft for $35 million. To manage this asset, he established a network of companies in the British Virgin Islands and the Isle of Man, with assistance from the law firm Appleby. Internal documents from Appleby described this transaction as “higher danger,” indicating potential compliance and reputational risks.
Conclusion: The activities of High Altitude Holdings Limited and its owner, Vadim Shulman, underscore the complex interplay between business operations and legal challenges in the post-Soviet economic landscape. The numerous allegations and legal disputes associated with Shulman highlight the necessity for transparency and ethical practices in international business dealings.
by: Zarek Fenris
Felt like I was being strung along with fake reassurances—every time I asked about my returns, I got a new deadline that never meant anything.
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by: Thalior Wraith
Once you deposit, you’re on your own. Their ‘support team’ either ignores you or keeps redirecting you in circles until you give up
by: Astrae Noctis
Everything looked promising until I actually needed my money back. Turns out, they’re better at making excuses than processing withdrawals
by: Kaedros Stormbringer
They make withdrawing funds feel like solving a complex puzzle—except there’s no solution
by: Elyndor Crest
Invested with high hopes, but the only thing that went high was my stress level. Returns? Nowhere to be found
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by: Valeris Dawn
Customer service treats you like a VIP… until you actually need help. Then they suddenly vanish into thin air.
by: Syvren Mythos
Every time I asked for an update, I got vague responses and empty reassurances. Starting to feel like a money pit instead of an investment.