Carl Szantyr
Carl Szantyr

The Financial Scandal of Carl Szantyr: From Ponzi to Profiteering

Exposé on Blockstone Capital's French fraudster Carl Szantyr's elaborate Ponzi schemes, identity theft for offshore accounts, and the enabling banks behind his multi-million dollar crimes.
6 mins read
165 views
Start

The story is relatively imminent from the worst nightmare one could ever imagine. A young man, Carl Szantyr, 38, born and raised in France, has committed dozens of scams, cheated and stolen the French, Singaporean, and Luxembourg governments and several individual victims.

Carl Szantyr’s LinkedIn profile claims he is a successful entrepreneur and finance expert, but it lacks concrete evidence to support these assertions. The bio mentions his role at Blockstone Capital (don’t get confused with Blackstone or Blackrock) and his Columbia Business School education. Still, it does not provide specific examples of how his initiatives have benefited clients or the industry.

Among those victims are elderly people (some passed away, their relatives have launched lawsuits on their behalf), members of the Jewish community, and Carl Szantyr’s former best friend of more than 20 years…

Carl Szantyr has hired a firm, “LAUDANS,” and threatened all the media to have any articles to be deleted. His director, Mr ANTOINE DE TOURNEMIRE, has been hired by Carl Szantyr to help Szantyr get a new and clean reputation.

Carl Szantyr has no limits in his yearning to steal and manipulate his victims. His LUXEMBOURG scam? He reaches out to potential victims by promising them high interest rates and proposing they have their savings in banks in Luxembourg and Singapore.

He often appeals to them by conducting a “Ponzi Scheme” (used by Bernie Madoff, among others) in which he gives them large dividends. The future victim is impressed and appealed to by Szantyr’s gain and natural alluring speech.

The latter makes them sign “Bank Account Opening” documents where the future victim will naturally list himself as the “Beneficiary Owner”. Then instead of giving those documents to the bank (with the victim listed as “Beneficiary Owner”), Szantyr sends another copy of those documents where he lists himself as the “Beneficiary Owner”.

He requests that the bank attach a credit card in the victim’s name to this newly opened account. Once the account is opened, Szantyr returns to the victim with the credit card and tells him that the account is opened and that they can transfer the funds so that he can deliver even higher earnings.

After receiving the card and seeing everything is in order, the victim wire the funds. When the funds hit the account, within the same day, Szantyr cleared the entire balance in cash! The victim becomes desperate, as he can’t claim his money back since the account is for beneficiary owner Szantyr and not himself.

This French Madoff inspired went beyond a Ponzi scheme but also used the passport copy and photo ID of his victims (obtained from the Opening Bank Accounts’ required documents that Szantyr requested to send to the bank supposedly) to open instead, without their authorization, bank accounts, and offshore companies where Szantyr then transfers the money from other victims.

Do you follow? Some victims have discovered that they had offshore accounts and companies listed under their names but had also had funds transferred from other victims.

Now let’s talk about his SINGAPORE scam:

In 2012, to attract rich investors and make Singapore a new financial platform in Asia, the Singaporean government began offering grants to foreigners who wish to invest in Singapore. If you hire three employees at minimum (minor conditions apply), the government reimburses you 60% of your investment. So what did Szantyr do? He created a local company called “Contact One” (www.contactone.com.sg), which opens Singaporean companies for a $600 package.

Szantyr billed his victims back $20,000 for this same package! Then, he found his local accomplice to do a “ménage à trois,” in other words, a “Carousel fraud.” Szantyr’s company, Goldstone Capital Management, pays one local Singaporean company with three employees.

Later, this company refunds the money Szantyr paid to another company (which belongs to Szantyr, such as “CFS ONE” or “RS Capital Asia,” among others), which sends it back to Szantyr! That way, Szantyr may go to the Singaporean government, showing them the evidence that he hired employees and invested money in a Singaporean company and, therefore, can now claim 60% of the money he never invested. Ingenious? Yes.

To our knowledge, Carl Szantyr stole nearly 2 million dollars from the Singaporean government through that scam. However, thanks to the alerts made by one victim, the Singaporean government and the national bank DBS (where Szantyr had his companies listed) have both acted responsibly and filed up for fraud against Szantyr. Interestingly, Felix Szantyr (Carl Szantyr’s father) had accounts in that bank.

In other cases, Szantyr has appealed to future individual victims by telling them that Singapore is the best way to have their money, and to a certain point, even mentioned the above scam. He created a company for his victims (through Contact One and his accountant named “Shanice”). Then he operated as he did in Luxembourg by listing himself as the beneficiary owner and then stealing all the victim’s money.

The companies owned by Szantyr with which he operates are Goldstone (aka Goldstone Capital Asia), Ra.RDV Limited, and General Investment Group (now closed by French authorities and under investigation for fraudulent activities), among others.

To our knowledge, Carl Szantyr, living in Saint-Thibault des Vignes (20 miles from Paris) with his mother, Brigitte Gineste, has stolen over a few million dollars from dozens of victims worldwide. To find his new victims, he visited the international high society and synagogues in London (the city where he was hiding to avoid French and Singaporean authorities), passing himself as a member of the Jewish community to disgracefully attract new victims.

Sadly, Szantyr started as a promising financial advisor before falling into the scam business. In France, he participated in the carbon tax scam and covered multiple tax evasion and VAT scam activities, as well as orchestrated several Ponzi schemes.

At that time, he also developed a strong relationship with banks in Luxembourg and Switzerland. He brought them fraudsters such as himself who had money to launder, mostly from tax evasion and Carbon Tax (aka C02).

A Family business!

Carl Szayntyr’s mother, Brigitte Gineste (aka Brigitte Dujus), supposedly operated money-laundering activities on behalf of her son. Szantyr came nearly twice a month from Singapore, bringing her cash, which she was presumably laundering for him.

Carl Szantyr’s father, Felix Szantyr, landed his name and probably benefited his son’s money. Several transfers from Carl Szantyr’s victim’s accounts were sent to Felix Szantyr’s accounts.

His newlywed wife, Yulia Tomilina, a Russian citizen and former employee of Giambattista Valli Showroom in Milan, has also financially benefited from the fraud and followed her husband in London, Singapore, and Paris.

To our recent knowledge, Szantyr is trying to change his name to Charlie Tomilina (using his wife’s name) to obtain Russian citizenship and pass under the customs radar. On Facebook and social media, he’s hiding as Carl Charlie.

This scam scheme also raises the question of how a fraudster can operate with banks. How did those banks work (and still do) with someone opening bank accounts, transferring money from a third party (the victims), and then clearing it in cash the same day?

How come banks, which are supposed and imposed to follow strict regulations, don’t ask their clients questions such as where the money is from? Who is the person sending the money? Why don’t they come to the bank knowing that even a credit card is issued under their names?

Remember that financial laws obligate banks to know their clients and report to their authorities any suspect activities to fight money laundering, which often benefits terrorism, drug business, and crime. How can a bank allow someone to take in cash for six figures the same day of the transfer (from the victim) without asking questions? Try to do this in the US, and you’ll see the cashier’s answer!

This book, written by one of the most important victims of this scam (who has thankfully alerted all his entourage, victims in the process, and governments to prevent Szantyr from stealing them and is actively collaborating with authorities), regroups the investigation of nearly three years of research detailing all the flaws of international money laundering schemes.

This writer/victim has hired the most sought-after lawyer specializing in financial crimes and white-collar crime in France, Luxembourg, and the United States to fight this fraud and promises to bring Szantyr and all the banks that have collaborated with him in front of the French, Luxembourg, and United States justice courts. When this article was written, the Federal Bureau of Investigation (F.B.I) was tipped on Szantyr’s activities and the key roles of the banks in Luxembourg and Singapore. An investigation is opened.

This book promises to show all of Szantyr’s scams and how Luxembourg and Singaporean banks collaborate and close their eyes for the sake of money. It also brings confidential documents showing how a bank in Luxembourg has even provided Carl Szantyr with the ” all-inclusive money laundering package,” such as the full creation of a Panamanian company. No serious banks are supposed to propose this service. And yet, they did.

The investigation includes transcriptions from phone conversations recorded by the victim, full stories of betrayal, classified documents, bank statements, and original documents, interviews by finance criminality specialists from important law enforcement, and all the names of the lead actors of this international fraud, including the bank employees.

I enjoyed reading one of the final drafts, and I can guarantee you won’t be disappointed. This book is ready to become a worldwide major success and probably one of the most important financial crime scandals (along with Madoff, Panama Papers, and more) ever brought to the public.

The 324-page book is being finalized and should be released by the beginning of 2025. The documentary, directed by an award-winning director (the name, along with the publishing and production companies, is voluntarily kept secret for security reasons since Szantyr’s “lawyers” have often threatened to sue if anyone would reveal Szantyr’s fraudulent activities), is actually in development and should be released by the end of 2024.

Avatar of Lauren Casper

Lauren Casper

Lauren Casper is a best-selling author and activist who exposes fraudulent businesses through in-depth investigations. When not fighting scams and reviewing, she enjoys being a wife, mom, and amateur baker.

3 Comments

  1. Carl is featured on Forbes by a former journalist who used to rack in some cash while featuring this called Enterprenuer.

    While Kenneth Rapoza’s piece offers some interesting insights into the current state of venture capital in the crypto space, it feels a bit surface-level and doesn’t delve deep enough into the underlying issues at play. The article heavily relies on the perspective of Carl Szantyr from Blockstone Capital, which is valuable, but it would have been nice to hear from a more diverse range of voices in the industry.

    Szantyr’s optimism about the long-term potential of blockchain technology is noteworthy, but the article doesn’t provide much evidence to support this claim. It would have been helpful to include some specific examples of promising projects or use cases that could drive the industry forward, despite the current challenges.

    Additionally, the article touches on the impact of the FTX collapse on investor confidence but doesn’t really explore the broader implications of this event for the industry as a whole. How has this affected the regulatory landscape, and what steps are being taken to prevent similar incidents in the future?

    Another point that could have been explored further is the role of hype and speculation in driving the crypto market. While the article notes that investors are becoming more cautious and focusing on projects with strong fundamentals, it doesn’t delve into how the industry can move away from the hype-driven cycles that have characterized it in the past.

    Overall, while the article provides a decent overview of the current state of VC investment in the crypto space, it feels a bit incomplete. There are several important angles and perspectives that could have been explored further to provide a more comprehensive and nuanced picture of the industry’s challenges and opportunities.​​​​​​​​​​​​​​​​

    Thanks

    Megan
    Cryptocon.com

  2. Thank you, Laura, for posting on this scam of Carl Szantyr! Note that most, if not all, of the articles that speak about him in favor, are paid for by him. He pays a company that hires these writers to write about him and/or include him in the story. He scammed dozens of people I know, including a famous singer in Paris (his former best friend who sued him). Please keep this story online and article in place so people know the real scam he is. Do not invest with him; this is a scam and a Ponzi scheme. You will never see your money back. Your article told it perfectly. Thanks again, Laura.
    Igor

  3. This article hits the nail on the head for Blockstone Capital Founder Carl. I’ve come across Carl Szantyr’s LinkedIn profile before, and I was always skeptical about his grandiose claims of success and expertise. It’s all smoke and mirrors, with no real substance to back it up.

    If he’s such a big shot in the finance world, why can’t he provide any concrete examples of his achievements? What are the actual numbers behind the funds he’s managed or the returns he’s generated? And what about his clients? How many has he assisted, and in what capacity?

    It’s all too common these days for people to inflate their online presence with fancy titles and buzzwords, hoping to impress others and land new opportunities. But in the end, it’s the results that matter, and Szantyr seems to be lacking in that department.

    If he wants to be taken seriously in this industry, he needs to step up his game and start providing real, tangible evidence of his impact. Until then, I’ll be taking his claims with a grain of salt.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest from Lose