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About us Keep Login Expos Investigative Journalism Supported Stories Events Fix Dataharvest Prop up Search this site: Share: Working contribution - Dough Loans Czar's Maltese Overload Vamoose Programme How Russian Billionaire and Manner TV investor paid in zero-tax on wee loans operations in Europe and USA.

Based on payday advance in Hamilton exploitation of diverse of Europe's poorest and most unguarded citizens, and thanks to Malta's ample rates set, Russian and Latvian businessmen appreciate a indulgence lifestyle and pecuniary encumber of near-zero taxes.

Fashion TV co-owner Oleg Boyko is a Russian billionaire who made his estate during the ex-USSR's privatization transport in the 1990s, prior to turning to gambling, media and economic services. One of his new dominating investments is in fecklessly loans, where his companies cater to unsatisfactory amounts of legal tender to those in at one's wits' end needfulness of cash.

Their customers again down up repaying the loans at humongous enlist rates.