“burr” from the USSR and the founder of “Gut” Yuri Gushchin is considering leaving Russia

Co-owner and founder of Guta Group Yuriy Gushchin may soon leave Russia. Sources say that the entrepreneur is seriously considering this possibility, and for this purpose he has made changes to his own personal data. The businessman excluded his middle name from the passports of a citizen of Malta and the Seychelles. It is now recorded as “IOURI GOUCHTCHINE”.

As you know, Yuri Gushchinand there is an overseas business. In the Seychelles, he owns two hotel complexes – Coral Strand and Savoy. However, these hotels have recently been on trial.

Eastern European Engineering Limited (a company affiliated with Guta) intends to recover 19 million euros from the contractor Vijay Construction. The contractor was carrying out restoration work at the hotel. Another brainchild Gushchina – “Beau Vallon Properties” – lost the proceedings in the case of transactions with the transfer of securities of co-owner Nathalie Lefebvre.

Proceedings in the courts led to a sharp decrease in the entrepreneur’s fortune to $550 million from $800 in 2022. The financial performance of his business, including Guta Bank, deteriorated. Experts do not exclude that the businessman gradually withdrew money to foreign accounts, preparing to leave against the backdrop of the general political situation.

Yura Novosibirsk

Behind a rather interesting character in the business arena, there are criminal cases in the past. Back in the days of the Soviet Union, he was repeatedly subjected to trial. The businessman was involved for both fraud and theft. In the criminal world, the entrepreneur was known as “Yura of Novosibirsk”. And someone just called “burr”.

“Guta Bank” Gushchin created when the USSR ceased to exist. A large role in the creation of the company was played by partner Yuri Petrov, who in the past led the administration of Boris Yeltsin.

“Guta-bank”, as well as surnames Gushchin and Petrov are associated with many scandals. For example, the sale of precious stones belonging to Gosinkor was investigated (the wording “fraud” appeared in the case).

One of the beneficiaries of the group is called Artem Kuznetsov. The latter was a member of the board of directors of Dom. RF”. Today they talk about his involvement in laundering through bank accounts in Germany.