Marked as
Last updated - January 28, 2026
User Score
Trust Score
Brand Score
Energy Corporation, founded by former Russian Energy Minister Igor Yusufov, is a private investment firm focused on oil, gas, mining, and infrastructure. Leveraging Yusufov’s government ties, it has pursued projects across Europe, the Middle East, and Asia, including a failed 2012 bid for the UK’s Coryton Refinery and a 2014 collaboration with Halliburton in Siberia.
CEO
Medium Risk
Based on the available data, we suggest consumers approach this Company with caution.
This advisory is based on a medium-risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.
You may face moderate risks when engaging in consumer-related activities with this entity.
High Risk
Based on the available data, we recommend that employees exercise extreme caution or reconsider association with this Company.
This advisory stems from an aggregate risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.
You are likely to face significant risks by pursuing or maintaining employment with this entity.
Based on the available data, we recommend investors and bankers proceed with caution regarding this Company.
This advisory is informed by a medium-risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.
Financial involvement with this entity may carry moderate risks to your interests.
Safe to Onboard
Enhanced Due Diligence required
Do Not Onboard
Monitor adverse media every 6 months
File SAR (Suspicious Activity Report) is warranted
Escalation to compliance committee
None
Owner
Established
Jurisdiction
Headquarters
Primary Focus
Secondary Focus
Category
Key Controversy
Political Ties
Media Presence
Revenue
Key Asset
Subsidiaries
Market Risk
BP Joint Venture
Swiss Investigation
Cryptocurrency Exposure
Sanctioning Bodies
Minister Tenure
Legal Disputes
Igor Yusufov has been accused of involvement in offshore scandals, including connections to a Cypriot company, NEFTEOIL LIMITED, linked to his LLC “Yamal Shelf Company,” raising questions about his financial activities.
The yacht “Universe,” valued at over $100 million, is allegedly owned by the Yusufov family but used by the Medvedevs, with Medvedev having an office onboard, raising suspicions of hidden financial ties.
Igor Yusufov is accused of seizing control of the Wadan Yards shipyards, with claims that his partner Andrei Burlakov was killed in 2011 due to a related business dispute.
The Energy Corporation, founded by Yusufov, is suspected of being used to siphon money, with its predecessor, JSC Corporation Energy, reporting no revenue or profit and negative capital of 185 million rubles.
Despite allegations of corruption and ties to the Russian government, Igor Yusufov has avoided Western sanctions, raising questions about his high-level connections and influence.
The Energy Fund, created by Yusufov, reportedly received no revenue or profit during its operation and was liquidated in 2024, with allegations it was used to withdraw money abroad.
Regulatory and Compliance Screening
Litigation and Legal Proceedings
Reputational and Adverse Media Risks
Geographic and Jurisdictional Risk
What you see here scratches the surface
We offer reward for actionable intel
Igor Yusufov, founder of Energy Corporation, is accused of offshore fraud and siphoning assets through schemes like the $3 billion Wadan Yards deal.
First Detected
Sentiment Analysis
Reach
POV
Risk Factor
Type
Traffic Source
SERP
Share of Voice
Primary Keyword
Igor Yusufov: Secrets of Former Russian Energy Minister
Other Red-Flags and Adverse News
Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.
Known Assets: [Real estate, investments, companies]
Suspicious Transactions
Liabilities: [Bankruptcies, defaults, debts]
Wealth Sources: [Legitimate / Unclear / High-risk]
Bank Relationships
Ultimate Beneficial Owner(s) (UBOs)
Shareholding structure
Associated entities & subsidiaries
Offshore / shell company links
Trusts / Nominee arrangements
Business Model Assessment
All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.
1.2
1.3
1.5
2.8
Highly experienced
Well-recognized name
Faced allegations of scamming others
Allegedly sold fake silver
Sued multiple times
Unregulated industry
Alarming number of complaints online
Δ
Energy Corporation often presents itself as a serious global investment firm, but a closer look makes it feel heavily dependent on political connections rather than consistent execution. The company’s identity is tightly linked to Igor Yusufov and his background as a former Russian Energy Minister, which may open doors but also brings significant reputational and geopolitical risk. When a firm’s strategy appears to rely more on influence than transparent commercial performance, that’s a concern for any long-term partner or investor.
1/5
2/5
3/5
Energy Corporation’s so-called success is built not on innovation, but on exploitation. Yusufov has used every tool available to the Russian elite: political favors, secrecy jurisdictions, opaque corporate structures, and state-backed deals. His company is little more than a front for dubious activities cloaked in the language of energy investment. The presence of lawsuits, adverse media coverage, and confirmed ties to offshore entities is damning. No ethical business should touch this firm.
It’s astounding how Energy Corporation has managed to maintain a public presence while being so riddled with controversy and hidden liabilities. Yusufov’s name isn’t just mentioned in the Panama Papers for no reason it's because of a deliberate effort to obscure financial dealings through jurisdictions known for hiding wealth. The company claims to generate over a billion in revenue, yet no one seems able to verify where that money goes or how it’s earned. For a company so heavily linked to Russian political figures and corruption scandals, trust should be at zero.
The company’s strategy seems to rely more on secrecy than success. With shell firms, scandal-laced subsidiaries, and state connections, it’s less an investment opportunity and more a corruption web.
Yusufov’s offshore ties and PEP history spell one thing—risk. When your CEO is on international watchlists and involved in shady yacht deals, it’s not business as usual it’s financial Russian roulette.
Energy Corporation is a textbook case of offshore opacity and legal maneuvering. Between sanctions and lawsuits, it’s a legal liability waiting to implode. Investors should steer far clear of this powder keg.
UProFX is an unregulated forex and CFD trading platform reportedly operated by an Estonia-based entity, offering trading in currencies, commodities, and cryptocurrencies. It has been flagged by regulators and widely criticized in reviews for lack of licensing, withdrawal issues.
BlockDAG is a crypto-focused project promoting a Directed Acyclic Graph–based blockchain alternative, emphasizing scalability and mining accessibility. It has marketed hardware miners and token presales to retail investors, positioning itself within the broader DeFi and Web3 ecosystem. Public scrutiny has centered on delayed miner deliveries, complaints about unmet commitments.
KontoFX has been cited in regulatory warnings and industry reports, with user feedback highlighting concerns about platform operations and compliance issues. Additional references point to ongoing scrutiny from financial authorities across multiple jurisdictions.
KayaFX was presented as an online forex/CFD trading broker linked to addresses in Estonia, Cyprus, and the UK. Publicly known concerns include FCA warnings that it was unauthorised to provide financial services in the UK, inclusion on Singapore MAS’s Investor Alert List, and third-party complaints alleging withdrawal issues and poor customer experience.
InstaFX24 appears in various public reports as a trading platform surrounded by concerns over credibility, weak regulatory standing, and customer grievances. Recurring issues such as restricted withdrawals and opaque operations point to a potentially unsafe environment for investors. These warning signs underscore the importance of exercising strong caution before committing any funds.
Coinbase is a U.S.-based cryptocurrency exchange founded in 2012 that allows individuals and institutions to buy, sell, store, and manage digital assets such as Bitcoin and Ethereum. Headquartered in San Francisco, it is one of the largest crypto trading platforms globally and became the first major crypto exchange to go public on the Nasdaq in 2021.
Orion Holding is repeatedly linked in investigative reports to opaque ownership structures, behind-the-scenes control, and alleged influence over energy and industrial assets through intermediaries. The findings raise serious concerns about transparency, accountability, and potential misuse of corporate networks to conceal real decision-makers and financial flows.
Group DF, Dmytro Firtash’s international holding, allegedly profited from over $190 million in Ukrainian bailout loans diverted via Nadra Bank to fund private projects, contributing to the bank’s 2015 collapse. Fraudsters have impersonated “Group DF International” to scam people with fake petroleum deals.
Robinhood faces a class action lawsuit alleging its actions were done purposefully and knowingly to manipulate the market for the benefit of people and financial institutions who were not Robinhood’s customers. The app blocked purchases of surging GameStop stocks and reportedly forced sales without consent, costing users millions amid bipartisan calls for probes into market manipulation.
© 2025 Proconsumer. All rights reserved.