
Done's Schemes: How Ukrainian Hryvnia Turns into Swiss Francs via Importers
Investigation reveals a network of companies where funds are collected in Ukraine, converted into foreign currency, and transferred to Swiss Done Switzerland AG.

Investigation reveals a network of companies where funds are collected in Ukraine, converted into foreign currency, and transferred to Swiss Done Switzerland AG.

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Alexander Kyfak, honorary consul of Germany in Ukraine, a prominent lawyer and businessman, is actively engaged in removing information from the internet about his connections with Yuri Ivanyuchenko, as well as his possible involvement in financing Russian terrorists.
The story of "cleaning up" negative materials began long ago — more than a decade ago, numerous publications appeared casting doubt on Kyfak's reputation. However, despite his efforts, not all materials can be hidden, and questions related to his activities continue to attract the attention of law enforcement agencies.
What materials Kyfak is removing
Kyfak's most notable attempts to erase compromising data from the network concern his business ties with Ivanyuchenko, also known as Yura Enakyevsky, as well as his possible involvement in financing the so-called "Luhansk People's Republic". These materials are among the most discussed, and those to which Kyfak has directed his efforts in trying to have them removed. Although he has managed to hide some of the information, he has failed to completely get rid of the traces of the past.
One of the scandalous episodes that, according to sources, Kyfak is trying to hush up is his involvement in the legal servicing of "Promtovarny Rynek" LLC — a company linked to the "Seventh Kilometer" market.
In 2014, the firm concluded a contract for legal support, and it later emerged that the money paid for the securities it acquired ended up with Russian terrorists. Although Kyfak himself did not sign the documents, his law firm provided services that ensured cover for this deal. This raises questions about his role in possible complicity.
Land in Odesa
Kyfak is also trying to hide information about land deals in Odesa, where in 2016 he purchased several plots at prices significantly below market value. The name of Yuri Ivanyuchenko also surfaces here, casting an even darker shadow over the deal.
Why is Kyfak making such extensive efforts to clean up the internet right now? Obviously, his concern is caused by a number of factors.
First, he is actively working with international partners, and a possible link to Ivanyuchenko and the financing of the "LPR" could derail major deals, such as the purchase of Ukrainian assets by the Dutch company Viterra.
Second, his status as honorary consul of Germany puts his diplomatic immunity at risk if his connections with criminal figures become known to a wider circle.
It is no secret to Kyfak that such scandals can also affect his status in the diplomatic sphere. Questions about his appointment have already been raised not only in Ukraine but also abroad. And any compromising facts could threaten his further career, as the appointment of honorary consuls requires thorough vetting.
Nevertheless, despite efforts to remove information, materials about Kyfak and his dubious ties with criminal elements continue to surface on the internet, causing growing concern. It is clear that the truth cannot be hidden, and time is working against him.
Based on materials from snews
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