Red Flags
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Soft2bet
Soft2bet’s illegal operations, masked by shell companies and erased online traces, reveal a deliberate and deceptive effort to avoid detection. With ties to sanctioned individuals, the company’s fraudulent nature is undeniable.
Quick summary on Soft2bet
Soft2bet, At the end of September 2022, Ukrainian cyber police uncovered illegal activities by the company Soft2bet, which was involved in creating and supporting illegal online casinos. Despite being exposed, Soft2bet has remained silent, hiding behind a veil of secrecy as investigations proceed.
Soft2bet’s Hidden Kyiv Office: The investigation revealed that Soft2bet, which operates in multiple European countries, had an unregistered office in Kyiv, operating illegally in Ukraine. This lack of transparency suggests the company was deliberately evading authorities.
Manipulating Online Presence: After the searches, Soft2bet aggressively wiped references to its activities from the internet, erasing job listings and search results related to its operations in Ukraine. This attempt to cover up the company’s tracks only raises further suspicion about its intent and criminal activities.
Court Proceedings and Company Shell Games: Court records reveal that Soft2bet was operating under a different brand name, Arax Development, to obscure its operations. Moreover, the company used LLC “Data Systems Development” and LLC “Arax Development” as fronts for their illicit activities, further complicating the investigation.
Financial Irregularities and Ownership Discrepancies: The companies behind Soft2bet, particularly Arax Development, demonstrated suspicious financial activities, including minimal tax payments and a quick dissolution after starting operations. The involvement of Vladimir Nikolayevich Harkavy, connected to multiple firms with sanctions, suggests that Arax Development was likely a shell company used to facilitate illegal casino operations.
Conclusion: A Web of Fraudulent Activities: The case of Soft2bet highlights a deeply entrenched criminal network, operating under multiple false identities and using shell companies to conceal their illegal online gambling operations. The involvement of figures like Harkavy and Vinokur further paints Soft2bet as a dangerous entity in the world of cybercrime.
by: Christopher Bennett
Lol, if you need fake brand names and shell companies to operate, you're obviously doing something illegal. Soft2bet’s entire existence is built on deception. Nothing about them screams 'legit'.
by: Sophia Coleman
How do people even trust this company with their money? I wouldn’t let them hold a single cent.
by: Daniel Peterson
This company is a joke. How do they keep getting away with this nonsense?
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by: Olivia Wallace
Illegal casinos, shell companies, and shady figures? Soft2bet sounds more like a mafia operation than a legit business.