The FSB Decided To Get Rid Of The Fugitive Ukrainian Oligarch
1- 27.09.2026, 12:27
- 2,796
Sergey Kurchenko has run into trouble in Russia.
Fugitive Ukrainian oligarch Sergey Kurchenko is losing ground in Russia. He has fallen out of favor with the Russian FSB, and a number of criminal cases are being prepared against him. This was reported by the influential Russian news outlet VChK-OGPU, which is linked to Russian intelligence agencies.
“Fugitive Ukrainian oligarch Sergei Kurchenko is experiencing yet another round of disfavor. The blame lies entirely with Kurchenko’s behavior and his open financial conflict with influential Russian businessman Yevgeny Yurchenko,” the channel wrote.
Kurchenko has repeatedly been embroiled in scandals in Russia. In particular, he failed to pay salaries to employees at his “Stavstal” steel mill and swindled clients out of their money on his crypto exchange, Beribit.
“Kurchenko managed to convince his supervisors from the FSB’s Fifth Directorate that such incidents would not recur and that he would ‘stop making headlines in the media and causing problems.’ However, in the summer of 2026, the situation repeated itself,” reported the VChK-OGPU.
According to its information, Stavstal once again stopped paying salaries, and the oligarch became the subject of a huge number of lawsuits. At the same time, Kurchenko caused a scandal in Moscow by terrorizing an apartment building with his bodyguards.
The final straw, it is claimed, was Kurchenko’s financial conflict with the influential Russian oligarch Evgeny Yurchenko.
“All these events finally raised the question among his patrons in uniform about the need to replace Kurchenko in various schemes with a different, more loyal, and less scandal-prone protégé, of which he was notified on the eve of his 41st birthday on September 21,” — the channel reported.
Preparations are underway to place “Stavstal” under external administration and to file a number of criminal cases against Kurchenko. He is expected to be charged with fraud and numerous counts of embezzlement, including in the occupied Donbas.
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