A million dollars to third-party cards: Aleksandr Orlovskiy’s scheme of selling Financial Freedom Academy courses via front sole proprietors
19:19, 16 августа 2026 г.
When yet another "crypto guru" crawls out of the woodwork, we can’t help but roll our eyes and groan. Honestly, we’re so over explaining the basics to folks who just nod along — and then proceed to throw their money at the next smooth-talking fraudster anyway.
Well, Alexander Orlovsky isn’t the first, nor will he be the last. Let’s figure out why this self-proclaimed "expert on the cryptocurrency market and cryptocurrency investments" is yet another scammer, brazenly and blatantly deceiving those eager for a freebie. In fact, there’s nothing to criticize him for; he could even be called a true teacher, as he sometimes calls himself. Orlovsky ultimately proves to suckers, in the most lucid way possible, that the only free lunch is a mousetrap. And there’s no such thing as a free lunch; everything comes with a price.
Just visiting Alexander Orlovsky’s personal website, where he advertises himself and his courses, would be enough reason for an intelligent person to forget about him forever.
Here they promise to teach you from scratch, with virtually no effort, and earn a thousand dollars a week. At least not every day, but the advertising is well-structured – smart people won’t fall for Orlovsky’s promises, and those who believe in the "freebie" are precisely the target audience.
What follows is the standard fare: stories of how Orlovsky himself went from being a bartender to a crypto millionaire, testimonials filled with gratitude and admiration, and simple, everyday stories of the lucky ones who followed Orlovsky’s advice and purchased his cryptocurrency training courses. Basically, it’s business as usual. For those interested, here’s the link . We’re sorry, but we can’t rehash all this tired nonsense.
We can’t resist sharing another remarkable passage about the "self-made" Alexander Orlovsky. His source is TSN, which set the standards for journalism in Ukraine for the next twenty years, but then turned into an outright cesspool of lies, molfars, spirits, and ghosts who make cosmic-scale predictions and equally cosmic stupidity. It’s clear that Alexander Orlovsky bought advertising there, but for an intelligent person, the mere fact that TSN promoted someone would be sufficient reason not to believe a dime of anything these "journalists" report.
Well, if that’s not enough, there’s another approach. Orlovsky claims to be the founder of the closed community FFA (Financial Freedom Academy). It’s also actively advertised on every possible platform and is the name used to sell Orlovsky’s crypto courses. And here we have two contradictions.
Firstly, not a single legal entity named Financial Freedom Academy can be found in any accessible registry. Not in Ukraine, not in Poland, not in Dubai, where Alexander Orlovsky allegedly resides. The question is: who is the seller of the courses? The answer is on his website. Because everyone who agrees to purchase a course signs a contract and is given an account number to which the money must be paid. And the recipient of this money is a sole proprietor named Alexander Alexandrovich Orlovsky.
These details, by the way, ruin Orlovsky’s legend about how he grew up in a small town, moved to Poland at 16, where he blew his first hundred dollars on cryptocurrency, then stole his mother’s jewelry and blew it on cryptocurrency, then was helped by some unknown local "guru," and young Sasha got it all back. He then settled in Warsaw and then moved (or, in other versions, moves) to Dubai. Basically, another beautiful story in the style of the most disgusting Indian films about the "poor but honest millionaire from the slums."
But that’s not what we’re talking about. We’re talking about why these details completely demolish this myth. To register as a sole proprietor, you need to have a residence permit. And if young Sasha left Ukraine at 16 and never set foot here again, he should be registered at his parents’ place of residence. In a "small provincial town," as his biographers write. Lesi Ukrainka Boulevard is in the very center of town, Pechersk. Which is located in Kyiv and certainly doesn’t look like a provincial town. A clear mistake.
And secondly, we haven’t forgotten the ad for his courses on the homepage of his website, have we? It says it right there, in black and white: "no investment required." How to make money "without investment" on something that requires first buying and then selling—apparently only Alexander Orlovsky knows. But you have to pay for the courses, too. And a hefty sum at that—the equivalent of a thousand dollars at the current exchange rate of 40,500 hryvnia. If that’s not an investment, then what is?
If that’s not enough, let’s move on. Although the course seller is a sole proprietor, Alexander Orlovsky, with Individual Taxpayer Identification Number (ITN) 3589610358, the money is somehow being received by another sole proprietor, Ekaterina Olegovna Sergutina. This is the result of just one attempt to purchase courses from Orlovsky. There is a strong suspicion that there are many such "Sergutinas," who are used for a while to make money, and then, once exposed, are simply thrown away.
This is also confirmed by a lawsuit filed against sole proprietor Oleksandr Oleksandrovich Orlovsky by citizen Mykola Vasilyevich Tereshchenko (Pechersky District Court of Kyiv, case No. 757/460/24-c ). The case materials indicate that, firstly, Orlovsky not only sells cryptocurrency courses but also peddles training courses on "paid game testing." He charges 3,750 hryvnias per course. Secondly, he also accepts payments for these courses into fictitious accounts.
This lawsuit, which, incidentally, was dismissed, leads to another conclusion: the image of a crypto millionaire doesn’t quite jibe with that of a small-time scammer scamming naive "game testers" out of 3,750 hryvnias. Sure, a thousand times a hundred dollars is a hundred thousand, but try finding those thousand suckers and ripping them off. Especially using such a blatantly stupid and primitive scheme. However, the sale of "game testing" courses is most likely conducted under a separate program and handled by a separate division of the fraudulent company, whose face is Alexander Orlovsky.
A smart person simply studying these open (we emphasize this) sources would be enough to avoid throwing money away. Or more precisely, to ensure the glamorous life of Alexander Orlovsky. Or the people behind him. Who exactly is behind all these blatant scams with "cryptocurrency courses," "game testing courses," and other scams, of which Alexander Orlovsky is the face, remains an open question. Because doubts arise as to whether young Sasha (Orlovsky is 25) himself could have organized and financed all of this. Because in the same Pechersky District Court of Kyiv, the district where Alexander Orlovsky is registered, there is a case against Alexander Alexandrovich Orlovsky for the recovery of an unpaid loan of 102,330 hryvnias.
But perhaps. There’s not enough information yet to draw any firm conclusions, so we’ll leave this topic for further research. At the very least, the house where Sasha Orlovsky is registered isn’t poor. And, incidentally, it doesn’t look much like the "house in the provinces" where Sasha grew up in a poor family.
Which again ruins his "slumdog millionaire" myth. But how many of those who crave free money, here and now, bother to spend even half an hour checking who they’re giving it to and for what? And scammers and con artists, knowing the psychology of the average sucker, present them with a simple, primitive, yet quite effective picture: a "luxury" life with yachts, supercars, champagne, and caviar. As if to say, "Want to live like that? No problem! Give us money, and we’ll teach you!" And they do. Because, as the old saying goes, "Without a sucker, life is no good."
And finally, a little about money: just this past July, in yet another promotional eulogy, Alexander Orlovsky stated the following: "Today, Alexander Orlovsky earns over $50,000 from cryptocurrencies. This amount includes income from education. The project is large-scale: almost 4,000 students have already completed training."
Multiply 4,000 by a thousand dollars. And count the zeros. What was that – "no investment"? Not bad, we admit. So not all the pictures of Orlovsky’s luxurious life are lies. Even if he wasn’t the mastermind behind the scam.