GL Financial Group Capital financial group

Capital financial group – investment company of personal financial service, the partner of the international holding GL Asset Management.

The main activities of Capital financial group were:

• trust management on Russian and the international stock markets;
• consulting broker service in the leading Russian and international stock markets.

2020: The former head of holding is put on the international wanted list

In June, 2020 details of criminal case of the creator the Dovgan and Smak brands, the head of GL Financial holding Herman Lillevyali became known (an abbreviation — the owner's initials). The entrepreneur is accused of creation of a financial pyramid using which for five years he could attract about $200 million, at the same time the damage in the amount of 1.5 billion rubles is involved in criminal case so far.

The holding of the businessman was positioned as financial boutique thanks to what among his investors there were many famous people.

Money of clients was attracted under the stock investment of the American companies for five years — since 2013 and until the Central Bank did not deprive of the company of holding of the license. Clients were assured at the same time that profit will reach 12% in currency as in the company developed the superreliable control algorithm finance based on strategy, "neutral to the market", pair technologies, etc. Managers insisted that these know-how allowed to reach profit even in case of fall of the stock exchange quotations.

Among investors of the companies of mister Lillevyali the director Nikita Mikhalkov, the goalkeeper of FC Lokomotiv and Russian football team Marinato Guilherme, the political scientist Dmitry Orlov, some of leading employees of Rusal and a number of the famous businessmen appeared.

The most part of their money as, however, and some other clients, according to the investigation, took place on Interactive Brokers — the largest broker platform of the USA.

However at the end of 2017 the holding began to delay interest payments. Its management referred to misunderstanding in the beginning with banks which serviced transfers from the American broker into accounts of the Russian company. And in April, 2018 mister Lillevyali just ceased to come to investor relation.

In Horoshevsky court the police intended to achieve arrest in absentia of the entrepreneur which lately is abroad, however the meeting was postponed in order that the investigator could collect additional materials in justification of the application.

On June 3, 2020 the investigation put Herman Lillevyali on the international wanted list.

2018: The Central Bank cancels the license of holding

The Bank of Russia 7/5/2018 made the decision to cancel the licenses of the professional participant of security market for implementation of broker activity, dealer activity, the securities management and depository activity issued to Dzhiel Finance Limited liability company (a TIN 7719566366) (further – Society).

Violations by Society of requirements of the legislation of the Russian Federation on securities, repeated within one year, formed the basis for adoption of the specified solution.

Licenses are terminated from 7/5/2018.

Society is obliged to stop implementation of professional activity in security market, except for commission of the actions connected with discharge before clients, which arose at implementation of professional activity in security market and to provide return of property to clients till 11/5/2018.