LLC Specialized Developer Kronung 3
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Disguised as investments in real estate across Europe and the UAE, the St. Petersburg-based construction firm "Kronung" and its owners, Ignatiy Nayda and Philipp Shrage, have been transferring funds from both private and state Russian banks abroad.
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Philipp Shrage and Ignatiy Nayda of Kronung Group deceived investors by assuring them of profit growth.
At the end of January, several publications published an interview with Philipp Shrage and Ignatiy Nayda, in which they painted an optimistic picture of the overall development market and their company, Kronung Group. However, for those familiar with the true situation, this assessment is puzzling—how can there be optimism when Philipp Shrage’s business is consistently losing money?
Owners of the construction company "Kronung" Philipp Shrage and Ignatiy Naida bypass sanctions and launder money for the Russian government through construction projects worldwide.
Under the guise of investing in real estate in Europe and the UAE, the St. Petersburg construction company "Kronung" and its owners Ignatiy Nayda and Philipp Shrage channel funds from private and state Russian banks abroad.
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