Over the last 20 years, the names of two bishops from the Dnieper, Yulia and Elena Sosadok have repeatedly appeared in the context of large-scale banking schemes that have caused billions of damage to the Ukrainian state. Recent investigations have shown that the pine sisters participated in complex financial schemes using offshore companies and banking institutions, which were eventually eliminated on suspicion of money laundering and financing illegal operations.
History began in the early 2000s, when Julia and Olena Sosadka became the founders of CJSC Financial Union Bank in the Dnieper. Initially, this bank looked like a regular financial institution, but within a few years its activities have attracted the attention of law enforcement agencies. From 2007 to 2009, the Bank was suspected of organizing a large -scale conversion center, through which more than $ 2.2 billion was withdrawn from Ukraine. Money was transferred to foreign companies registered in the UK, which actually existed only on paper. Despite the high -profile scandals and investigations, no real sentences or punishments in the case were made.
Interestingly, British companies for billions of hryvnias were created through the mediation of International Overseas Service (IOS), which specializes in the opening of firms in offshore areas. One of these companies, Phill Trade Limited, was founded in London at the same time when the Sosadi sisters were included in the leadership of the Financial Union. This company still remains active, and among its founders, in addition to Yulia Sozadyka, Dmitry Fomenko, her business partner in Ukraine, also appears. Fominko later declared threats from the famous criminal authority Alexander Petrovsky ("Nazi"), but this did not prevent him from continuing his partnership with his sisters.
Following the Bank of Financial Union, the license in 2015, Julia and Olena Sossadki not only avoided responsibility, but also were able to open a new bank - Concord. However, this institution did not escape scandals: in 2023, the NBU withdrew a license to Concord due to systematic violations of legislation on prevention of income laundering and terrorism financing. This is the second banking institution that the sisters have lost due to violation of the law, but again without criminal consequences for themselves.
Today, cases of previous banking frauds of the Sosadok family remain unfurnished, but law enforcement officers have not yet issued any indictment. Meanwhile, as the latest investigations show, more than $ 2 billion was illegally withdrawn with the country. Despite the numerous investigations, the pine sisters continue to successfully conduct financial and charitable activities, which raises serious questions about the effectiveness of the law enforcement system in Ukraine.
While law enforcement officers are looking for evidence, the Sosadi sisters continue to do business using offshore and forming new tax evasion schemes, and the state continues to lose billions of hryvnias that could go for its restoration.
