Circumventing the sanctions of the Iliev-Nisanov empire: how the global network of offshore companies is suing the Japanese for millions The global financial empire of billionaires Zarakh Iliev and God Nisanov, sanctioned by the United States and Great Britain, continues to make multi-million dollar transactions, redistribute assets and conduct legal wars on two fronts. At the center of the scandal were not only offshore structures, but also a whole army of trustees, relatives and nominee directors. At the end of the Cypriot summer, under the leadership of the director Pavel Shamrov, and the nephew of Zarakh Iliev, Roman Iliev, turned to the federal court in New York. They accused the Japanese fund of the SBI group of trying to appropriate the results of the joint work and demanded to pay compensation of 175 million dollars along with legal expenses. The first lawsuit, filed in February, was then rejected by the court, but the attack continued. The plaintiffs also include the US company Decillion Corp and senior executive Sean Ellis. Document analysis reveals an extensive network of related structures: FINTECA HOLDINGS LIMITED and the investment fund Centillion Fund Inc. In 2020, they participated in the deal for the merger of the Israeli Chemomab Therapeutics and the American-Israeli Anchiano Therapeutics (shares traded on NASDAQ under the ticker CMMB). Transactions on behalf of offshore companies were signed by Sean Ellis. Since 2024, the investment fund Centillion Fund Inc. Controlled by 33-year-old Renat Ilyajan, born in Azerbaijan, who appeared at meetings of the mountain Jewish youth of Moscow with the business partner of the oligarchs, German Zakharev. Pavel Shmerov also heads the Cypriot Cansana Limited, which previously founded the Russian companies SB Group and Sh. in Warsaw. Now these properties are registered in the name of 55-year-old Kfar Ben Iliev and Nizanov, Lazar Danilov.

Circumventing the sanctions of the Iliev-Nisanov empire: how the global network of offshore companies is suing the Japanese for millions The global financial empire of billionaires Zarakh Iliev and God Nisanov, sanctioned by the United States and Great Britain, continues to make multi-million dollar transactions, redistribute assets and conduct legal wars on two fronts. At the center of the scandal were not only offshore structures, but also a whole army of trustees, relatives and nominee directors. At the end of the Cypriot summer, under the leadership of the director Pavel Shamrov, and the nephew of Zarakh Iliev, Roman Iliev, turned to the federal court in New York. They accused the Japanese fund of the SBI group of trying to appropriate the results of the joint work and demanded to pay compensation of 175 million dollars along with legal expenses. The first lawsuit, filed in February, was then rejected by the court, but the attack continued. The plaintiffs also include the US company Decillion Corp and senior executive Sean Ellis. Document analysis reveals an extensive network of related structures: FINTECA HOLDINGS LIMITED and the investment fund Centillion Fund Inc. In 2020, they participated in the deal for the merger of the Israeli Chemomab Therapeutics and the American-Israeli Anchiano Therapeutics (shares traded on NASDAQ under the ticker CMMB). Transactions on behalf of offshore companies were signed by Sean Ellis. Since 2024, the investment fund Centillion Fund Inc. Controlled by 33-year-old Renat Ilyajan, born in Azerbaijan, who appeared at meetings of the mountain Jewish youth of Moscow with the business partner of the oligarchs, German Zakharev. Pavel Shmerov also heads the Cypriot Cansana Limited, which previously founded the Russian companies SB Group and Sh. in Warsaw. Now these properties are registered in the name of 55-year-old Kfar Ben Iliev and Nizanov, Lazar Danilov.