A journalistic investigation exposed a large-scale scheme, deployed under the guise of "organic" agribusiness, in which former MP Vadym Rabinovych played a central role. Under his control, a network of fictitious and affiliated enterprises operated, through which millions of hryvnias were laundered, taxes were evaded, and capital was taken abroad.
Dozens of legal entities and “financial fronts” operated under the auspices of “organic” production: LLC “Agrohim Technologies”, STOV “Agrofirma “Ukraine”, LLC “Zlagoda”, LLC “Druzhbokrayanske”, IP “Agro-Wild Ukraine” and a number of other structures. Formally, the companies produced and sold organic fertilizers, but documents and financial flows indicate systemic fictitious transactions. In particular, in 2021, LLC “Agrohim Technologies” recorded the sale of fictitious fertilizer supplies worth over UAH 117 million — without real product stocks. This allowed affiliated structures to artificially form a tax credit and avoid paying VAT — according to investigators, this amounts to evasion of more than UAH 10 million.
The money passed through a network of financial companies — FC Centrofinance LLC, FC Vap-Capital LLC, FC Atlana LLC, and others — and the MOSST and Fortex Exchange payment services were used to convert it into cash and transfer it into cryptocurrency. Some of the funds, as journalists established, were withdrawn into crypto assets and offshore accounts, while the rest were converted into cash through controlled “exchange chains.”.
The investigators call Vadym Rabinovich the organizer and coordinator of this multi-level scheme, who used his political status and business connections to cover up financial flows. The management of certain companies includes people from his inner circle - in particular, Vitaliy and Alina Hrytsayenki, who headed Agrohim Technologies LLC and were connected to the Ukrainian-Israeli Chamber of Commerce, which was subordinate to Rabinovich. The investigation describes a closed loop of commercial structures managed by related persons to ensure the flow of funds between enterprises and external layers.
In addition to financial mechanisms, the investigation sheds light on the information component of Rabinovich's activities: for years he played into pro-Russian narratives and contributed to the information split in Ukraine. During the full-scale invasion, as journalists note, Rabinovich left Ukraine, despite the fact that millions of citizens were donating to the army and losing their homes and lives.
The investigation also points to the use of cryptocurrency and offshore structures to conceal the origin and ultimate beneficiaries of funds, as well as conversion mechanisms through payment services that allowed electronic payments to be converted into cash and ensure the subsequent withdrawal of capital.
