Evgeny Riabinin: From the Troubled Domostroy in Nizhny Novgorod to Scams in Cyprus (Andrey Alistarov Exposed the Fraudster)
Who Is the Man Accused by Fellow Countrymen of Financial Fraud, Problematic Crypto Exchanges, and Disputed Documents?
Evgeny Telmanovich Riabinin is an entrepreneur from Nizhny Novgorod whose business history can be traced back to the late 1990s. Today, his name is also being heard in Cyprus: according to people who supplied materials for this investigation, this is not a single dispute but involves dozens of Russian-speaking fellow countrymen who consider themselves victims of financial dealings with Riabinin.
The complaints vary. People describe unfulfilled agreements involving cryptocurrency exchanges, money they were unable to recover, and disputed documents and signatures.
A separate group of complaints concerns employment: people were hired, but questions arose regarding formal registration, payslips, and the payment of mandatory taxes and social contributions.
Similar complaints concerning employment and financial obligations also relate to the Russian period of his activities.
Hummer vs. Ambulance: The Story That Put Riabinin in the National News
One of the most widely publicized episodes in Evgeny Riabinin’s Russian biography occurred on 28 January 2019 in Nizhny Novgorod. According to media reports, a Hummer blocked the path of an ambulance. Citing a REN TV report, DK.RU identified the driver as Nizhny Novgorod entrepreneur Evgeny Riabinin and reported that he was heavily intoxicated. According to the publication, the man was so drunk that he could not move the vehicle himself, forcing the medical team to call the police. (NN.dk)
The story did not end there. Media outlets reported that during his detention Riabinin tried to pressure the police by talking about his connections, repeatedly asking whether they were “afraid,” and claiming that he had “a great many acquaintances.” Nevertheless, the entrepreneur was taken to a police station. At the time, journalists linked him to Domostroy LLC and a mineral-water production business. (NN.dk)
Years later, a user claiming to be Evgeny Telmanovich Riabinin appeared in an old online discussion, offered a different version of events, and denied that he had blocked the ambulance. However, the owner of that account cannot be reliably identified. The documentary record can therefore be summarized as follows: in 2019, major Nizhny Novgorod media outlets reported that an intoxicated Riabinin, driving a Hummer, had blocked an ambulance and was taken to a police station; much later, an unverified denial appeared online from a person identifying himself as Riabinin. (NN.dk)
https://youtube.com/watch?v=w1_AeX_vJLU&is=5izIjNcj3VNoyCyc - video
Russia: Companies Opened, Companies Closed
Riabinin’s business history begins no later than 1997. In the years that followed, he was associated with a number of companies, including Domostroy, the Legal Protection Center, Volga Region Management, and businesses involved in mineral water, forestry, automobiles, and construction-materials trading.
Most of the known Russian entities associated with him have since ceased operating. After individual projects ended, people remained with financial claims, including investors, equity participants, counterparties, and employees.
The most illustrative example is Domostroy.
Domostroy: Disciplinary Measures, Debts, and Withdrawal from the SRO
Evgeny Riabinin headed Nizhny Novgorod-based Domostroy LLC for more than ten years. The company was authorized to carry out construction work through the Stroy Forum self-regulatory organization (SRO).
However, in 2014 Domostroy appeared in the SRO’s official disciplinary records. The company was among the organizations whose compliance with self-regulatory standards and rules was questioned. Its authorization to perform construction work was suspended, and the suspension was later extended because the deficiencies were not corrected in time. The records also addressed arrears in membership fees.
The outcome was fairly characteristic: after the disciplinary proceedings, Domostroy voluntarily withdrew from the SRO. The company was later removed from the Unified State Register of Legal Entities as inactive.
Online forums also contained much harsher accusations against Riabinin, describing him as someone who had allegedly left property buyers with unresolved problems.
It is therefore important to distinguish between two issues. Domostroy’s problems with the SRO and its debts are supported by documents, whereas allegations of fraud against specific equity holders are based on statements and online testimony.
Water, Property, and Old Financial Disputes
Another notable Riabinin project was associated with Vetluzhskaya Mineral Water. In 2014, the enterprise became involved in a public corporate dispute. Riabinin served as chairman of the board of directors, while the company’s controlling stake was associated with his wife, Svetlana Riabinina.
Several years later, the couple appeared on the television program Psychics Investigate. The most interesting part of the episode, however, had nothing to do with mysticism.
https://videovssylku.ru/v/0802-%282%29.CKSDh
The conversation touched on former employees, old friends, money, disputes, and property. Svetlana said that Evgeny had registered assets in her name. During the broadcast, the family was told: “Do not deceive people or cheat them. Conduct business honestly,” and one of the disputes was proposed to be settled financially.
A psychic, of course, is not a court.
The fact remains, however, that financial disagreements with people around the family were discussed publicly long before the Cyprus story.
Wanted Status and the Fraud Article
The materials provided for the investigation include a database record relating to Evgeny Telmanovich Riabinin.