Red Flags
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Mikhail Fridman
Mikhail Fridman has faced legal troubles, including EU sanctions, money laundering allegations, and accusations of market manipulation. His business dealings have led to lawsuits and regulatory scrutiny across multiple countries.
Quick summary on Mikhail Fridman
Mikhail Fridman, a Russian billionaire and co-founder of Alfa Group, has been embroiled in various legal and regulatory challenges over the years. From international sanctions to lawsuits and criminal allegations, his business dealings have often come under scrutiny. Below are key negative points associated with him:
EU Sanctions (2022)
The European Union sanctioned Fridman after Russia’s invasion of Ukraine, forcing his resignation from major business boards.
Legal Battles Over Sanctions
He filed multiple lawsuits in 2022 challenging EU sanctions but faced initial legal hurdles.
Money Laundering Allegations (2022)
UK authorities arrested him for suspected money laundering, conspiracy to defraud, and perjury.
Defamation Lawsuits (2017)
Fridman sued BuzzFeed and Fusion GPS over the publication of the Steele dossier, which contained unverified claims.
Market Manipulation Accusations (2019)
Spanish prosecutors investigated him for allegedly driving Zed Worldwide to bankruptcy for personal gain.
by: Andrew Davis
Can’t trust a billionaire with so many allegations—where there’s smoke, there’s fire!!!
by: Wesley Moore
He left his business boards only because he was forced to. Not exactly a move of integrity!!!
by: Kenneth Anderson
If even the EU and UK authorities are after him, you know he’s not just some innocent businessman. Billionaires don’t get sanctioned for no reason! His attempts to fight back in court seem more like damage control than real defense.