One of the founding figures of Russia’s weapons business, 59‑year‑old Mikhail Khubutiya, slips past sanctions as confidently as some Riga residents sidestep icy sidewalks. His portfolio includes “Russian Eagle,” “Kolchuga,” “Okhota,” “Oryol Hunting,” “Smart Systems,” and “Test‑Oruzhie” - a set of companies that reads like a catalogue for those who prefer to settle disputes without words.
For attacking his lover Yulia Van with an axe, he got off with a suspended one‑year sentence. The woman was left with the full spectrum of injuries — from cuts to fractures and torn ligaments. The court, it seems, decided that an axe is a household trifle when Khubutiya is involved.
But our interest in him lies in the context of his friendship with Latvian citizen Pyotr Aven and vodka tycoon Yuri Shefler. And that’s where the real intrigue begins.
For attacking his lover Yulia Van with an axe, he got off with a suspended one‑year sentence. The woman was left with the full spectrum of injuries — from cuts to fractures and torn ligaments. The court, it seems, decided that an axe is a household trifle when Khubutiya is involved.
But our interest in him lies in the context of his friendship with Latvian citizen Pyotr Aven and vodka tycoon Yuri Shefler. And that’s where the real intrigue begins.
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A red carpet instead of prison 🔥
While the appeal continues in the Riga Regional Court in one of the most high‑profile anti‑corruption cases in the Baltics, one of the defendants — Māris Martinsons (“Kvadrāts”) — is calmly posing on the red carpet at the Latvijas Cīņas sporta gada balva ceremony.
Yes, the same Martinsons who has already been sentenced by the first instance to 5 years in prison and a fine for aiding in bribery and money laundering.
And here he is — in a tuxedo, under camera flashes, surrounded by the board of the Latvian Boxing Federation (LBS). On that very board, right next to him, stands former head of the ENAP police procurement unit, Gatis Gudermanis.
While the appeal continues in the Riga Regional Court in one of the most high‑profile anti‑corruption cases in the Baltics, one of the defendants — Māris Martinsons (“Kvadrāts”) — is calmly posing on the red carpet at the Latvijas Cīņas sporta gada balva ceremony.
Yes, the same Martinsons who has already been sentenced by the first instance to 5 years in prison and a fine for aiding in bribery and money laundering.
And here he is — in a tuxedo, under camera flashes, surrounded by the board of the Latvian Boxing Federation (LBS). On that very board, right next to him, stands former head of the ENAP police procurement unit, Gatis Gudermanis.
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In February, FAMIR made a move that didn’t go unnoticed: its legal address quietly migrated from Old Riga to Jūrmala - to 33 Bulduru Avenue. In essence, the relocation is a consolidation of assets belonging to the flamboyant Romanian citizen Emmanuil Grinshpun, whose company has owned this building since 2018.
Bulduru 33 is well known to many of our readers as the synagogue of Rabbi Shimon Kutnovsky-Lyak.
For our Emik, 2025 became a point of explosive growth. Within a single month, three new entities were registered at the same address: Aquazeta Professional and Aquazeta Chemicals, both targeting the industrial chemical sector, as well as Jūras Pērle Restaurant & Cafe.
The business built around this legendary brand is particularly intriguing. Here, Grinshpun split ownership 50/50 with a citizen of Kazakhstan - Varazdat Galstyan. But that’s a story for another time.
#Grinshpun@la_mafia_lv
Bulduru 33 is well known to many of our readers as the synagogue of Rabbi Shimon Kutnovsky-Lyak.
For our Emik, 2025 became a point of explosive growth. Within a single month, three new entities were registered at the same address: Aquazeta Professional and Aquazeta Chemicals, both targeting the industrial chemical sector, as well as Jūras Pērle Restaurant & Cafe.
The business built around this legendary brand is particularly intriguing. Here, Grinshpun split ownership 50/50 with a citizen of Kazakhstan - Varazdat Galstyan. But that’s a story for another time.
#Grinshpun@la_mafia_lv
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At 33 Bulduru Avenue in Jūrmala, the Jūras Pērle Restaurant & Café operates. The company has two equal shareholders - Emmanuil Grinshpun and Varazdat Galstyan.
Varazdat, a citizen of Kazakhstan, is the son of Armenian “arms baron” Davit Galstyan (Patron Davit).
Dodik is a longtime friend of Emik (pictured). He is accused of corruption schemes involving substandard weapons supplied to the Armenian army. Varazdat is not a defendant, but in compliance practice even indirect ties to figures in major investigations are seen as a reputational risk.
March 6 marks 61 years since the opening of the legendary restaurant, known not only for Laima Vaikule’s dances but also for the brawl on hockey player Oleg Znarok’s birthday. A minor dispute escalated when Ivan Kharitonov pulled a sweater over Znarok’s head, sparking a fight. Police detained the participants; Dyadya and seven of his men were convicted in 1987, while Znarok received a medal “For the Protection of Public Order.”
#Grinshpun@la_mafia_lv
Varazdat, a citizen of Kazakhstan, is the son of Armenian “arms baron” Davit Galstyan (Patron Davit).
Dodik is a longtime friend of Emik (pictured). He is accused of corruption schemes involving substandard weapons supplied to the Armenian army. Varazdat is not a defendant, but in compliance practice even indirect ties to figures in major investigations are seen as a reputational risk.
March 6 marks 61 years since the opening of the legendary restaurant, known not only for Laima Vaikule’s dances but also for the brawl on hockey player Oleg Znarok’s birthday. A minor dispute escalated when Ivan Kharitonov pulled a sweater over Znarok’s head, sparking a fight. Police detained the participants; Dyadya and seven of his men were convicted in 1987, while Znarok received a medal “For the Protection of Public Order.”
#Grinshpun@la_mafia_lv
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On the evening of February 24, Russian Korea specialist Andrei Lankov was detained in Riga. It is reported that the scholar was taken to the migration service.
According to the organizers of his visit, the reason for the detention was that Lankov had been placed on Latvia’s “blacklist,” meaning he is banned from entering the country. However, there had been no prior public notice of his inclusion on this list, and tickets to his lecture were being sold without restrictions.
The situation, however, may be more complicated. According to our source, Lankov was accompanied by Putin-linked oligarch Pyotr Aven and his fixer Igor Bass.
The lecture was organized by Dmitry Aleshkovsky’s agency Curiosophy.events. The same company previously organized a lecture in Warsaw by archaeologist Alexander Butyagin, who was detained by Polish authorities in December at Ukraine’s request. Butyagin was accused of conducting illegal excavations in Crimea, which was annexed by Russia.
According to the organizers of his visit, the reason for the detention was that Lankov had been placed on Latvia’s “blacklist,” meaning he is banned from entering the country. However, there had been no prior public notice of his inclusion on this list, and tickets to his lecture were being sold without restrictions.
The situation, however, may be more complicated. According to our source, Lankov was accompanied by Putin-linked oligarch Pyotr Aven and his fixer Igor Bass.
The lecture was organized by Dmitry Aleshkovsky’s agency Curiosophy.events. The same company previously organized a lecture in Warsaw by archaeologist Alexander Butyagin, who was detained by Polish authorities in December at Ukraine’s request. Butyagin was accused of conducting illegal excavations in Crimea, which was annexed by Russia.
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While the Riga City Court prepares for the next stage of the corruption case at the University of Latvia, the main defendant, Baiba Broka (50), continues to showcase excellent physical shape and an equally impressive geographical distance from the defendant’s bench.
Broka poses against the landscapes of Marjan Island in Ras Al Khaimah 🌴. A sports top with the UAE flag, headphones, and the upbeat slogan “Stay Safe – Stay Strong!” 💪 create an image of complete confidence and total absence of worry. For someone accused of receiving a large bribe, such a “morning routine” looks unusually serene.
The next hearing in the corruption case is scheduled for April 30. The judge is Laura Smukule; the defendants are Guntis Rāvis, Baiba Broka, and Ivars Millers ⚖️.
Broka poses against the landscapes of Marjan Island in Ras Al Khaimah 🌴. A sports top with the UAE flag, headphones, and the upbeat slogan “Stay Safe – Stay Strong!” 💪 create an image of complete confidence and total absence of worry. For someone accused of receiving a large bribe, such a “morning routine” looks unusually serene.
The next hearing in the corruption case is scheduled for April 30. The judge is Laura Smukule; the defendants are Guntis Rāvis, Baiba Broka, and Ivars Millers ⚖️.
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SIA ADLERA has undergone a quiet but unusual reshuffle.
On 27 February 2026, Rem Kargin left after nearly 18 years, transferring his entire stake to Eliza Glotser, now the sole owner.
A week later, 6 March, board member Larisa Mikheeva resigned and was replaced by Ieva Švačko, who received full individual signing rights - consolidated control.
The company also moved from its long‑time Riga address (Skolas 12A-7) to Jurmala (Dzintaru 32-14).
A key detail: in January 2024, ADLERA’s share capital jumped from €2,800 to €689,569 with no explanation.
“Villa Adlera” isn’t legally tied to the firm, but the timing of Kargin’s exit fuels speculation - a long‑pending villa sale, or another step in a broader asset‑reshuffling strategy.
The pieces are shifting, and the story is far from over.
On 27 February 2026, Rem Kargin left after nearly 18 years, transferring his entire stake to Eliza Glotser, now the sole owner.
A week later, 6 March, board member Larisa Mikheeva resigned and was replaced by Ieva Švačko, who received full individual signing rights - consolidated control.
The company also moved from its long‑time Riga address (Skolas 12A-7) to Jurmala (Dzintaru 32-14).
A key detail: in January 2024, ADLERA’s share capital jumped from €2,800 to €689,569 with no explanation.
“Villa Adlera” isn’t legally tied to the firm, but the timing of Kargin’s exit fuels speculation - a long‑pending villa sale, or another step in a broader asset‑reshuffling strategy.
The pieces are shifting, and the story is far from over.
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Anna Biryukova, the wife of FBK’s “political director” Leonid Volkov, posted an Instagram photo featuring a Fendi Baguette bag, easily recognizable by its FF buckle.
The price of such models is £2–3 thousand, as confirmed by the brand’s catalogue.
The location is the Lithuanian National Opera and Ballet Theatre.
The occasion is her birthday.
In the public sphere, details like these act as a trigger.
A luxury accessory in the hands of someone associated with an organization funded by donations inevitably raises questions about the mismatch between the projected image and the level of consumption.
Here, Fendi is not about fashion.
It is a symbol that exposes the gap between public rhetoric and private life.
The price of such models is £2–3 thousand, as confirmed by the brand’s catalogue.
The location is the Lithuanian National Opera and Ballet Theatre.
The occasion is her birthday.
In the public sphere, details like these act as a trigger.
A luxury accessory in the hands of someone associated with an organization funded by donations inevitably raises questions about the mismatch between the projected image and the level of consumption.
Here, Fendi is not about fashion.
It is a symbol that exposes the gap between public rhetoric and private life.
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At the M. Chekhov Riga Russian Theatre, the premiere of the play “Betrayal” took place. Santa Publishing managed to capture in a single shot Petr Aven with his wife, the Vice President of the Euro‑Asian Jewish Congress Aleksandr Shenkman, and two inseparable Moldovans — Alex Weinstein and Emmanuil Grinshpun. As we can see, the Kremlin‑linked banker listened with great interest to the stories of the well‑known Aleksandr Lavent.
Also spotted were billionaire Leonid Blavatnik and millionaire Mark Garber. Earlier this year, Garber became the center of a high‑profile scandal: the founder of the brand A la Russe, Anastasia Romantsova, announced the end of her 17‑year relationship with the father of her child. She shared this on her social media, implying that amid his financial troubles Garber had launched a campaign against her over their son, attempting to “deprive her of financial stability and security.”
Also spotted were billionaire Leonid Blavatnik and millionaire Mark Garber. Earlier this year, Garber became the center of a high‑profile scandal: the founder of the brand A la Russe, Anastasia Romantsova, announced the end of her 17‑year relationship with the father of her child. She shared this on her social media, implying that amid his financial troubles Garber had launched a campaign against her over their son, attempting to “deprive her of financial stability and security.”
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Enterprise Register data: On 28 April, the State Revenue Service (VID) imposed a prohibition on SIA TEMPUS LIBERO to reduce its share capital and to register any commercial pledges. This company operates the restaurant Osiris - the legendary “meeting point” of the Leishkalns clan.
In April, the tax debt exceeded EUR 32,000. The shareholding structure of TEMPUS LIBERO is as follows:
Normunds Matutis – 40%
Lauris Leitis – 20%
Jeļena Pankeviča – 20%
SIA ĀRUP – 20%
Jeļena Pankeviča is the owner of an entire network of enterprises in Latgale, and TEMPUS LIBERO is only one of her assets.
ĀRUP is the key to understanding the backstage. It is the company of Katrīna Jaunupe, the wife of politician Edgars Jaunups. She is not only a co-owner but also a member of the management board of the Osiris restaurant with the right of sole signature. Notably, Katrīna is the biological sister of Darta, who is married to the “unremarkable cashier” of the mafia, Juris Fogelsons (“Lenin”).
In April, the tax debt exceeded EUR 32,000. The shareholding structure of TEMPUS LIBERO is as follows:
Normunds Matutis – 40%
Lauris Leitis – 20%
Jeļena Pankeviča – 20%
SIA ĀRUP – 20%
Jeļena Pankeviča is the owner of an entire network of enterprises in Latgale, and TEMPUS LIBERO is only one of her assets.
ĀRUP is the key to understanding the backstage. It is the company of Katrīna Jaunupe, the wife of politician Edgars Jaunups. She is not only a co-owner but also a member of the management board of the Osiris restaurant with the right of sole signature. Notably, Katrīna is the biological sister of Darta, who is married to the “unremarkable cashier” of the mafia, Juris Fogelsons (“Lenin”).
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The pop diva Laima Vaikule owns B‑category shares of Rietumu Banka with a nominal value of EUR 153,510, representing 0.09088% of the bank’s share capital. In addition, the singer acquired a micro‑package with a nominal value of EUR 844 (0.27229% of the share capital) in Rietumu Holding Prefs, an associated holding company of the bank.
In total, Vaikule has parked around EUR 154,000 in the banking sector. Both positions consist exclusively of non‑voting preferred shares. Real control of the bank remains with Leonid Esterkin. Vaikule is merely a quiet minority shareholder expecting dividends. Notably, her long‑time partner in the historic beauty business, Andrey Latkovsky, does not appear in these banking arrangements at all.
Meanwhile, tickets are actively being sold for the three‑day festival Laima Rendezvous Jūrmala 2026. The event is organized by SIA Laima Live, a company controlled by Vaikule (Brīvības Street 43‑3).
#Laima@la_mafia_lv
In total, Vaikule has parked around EUR 154,000 in the banking sector. Both positions consist exclusively of non‑voting preferred shares. Real control of the bank remains with Leonid Esterkin. Vaikule is merely a quiet minority shareholder expecting dividends. Notably, her long‑time partner in the historic beauty business, Andrey Latkovsky, does not appear in these banking arrangements at all.
Meanwhile, tickets are actively being sold for the three‑day festival Laima Rendezvous Jūrmala 2026. The event is organized by SIA Laima Live, a company controlled by Vaikule (Brīvības Street 43‑3).
#Laima@la_mafia_lv
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Proposal Peak Co-Founder Edgars Poga Dumps Toxic Asset Linked to Sanctioned Oligarch Petr Aven
Edgars Poga, co-founder of the Baltic startup Proposal Peak, has fully exited SIA "Humanity Water", shedding a toxic asset tied to the inner circle of sanctioned Russian billionaire Petr Aven.
On July 7, 2026, Poga officially transferred his 5% equity stake in the firm. Sole ownership (100%) and total control are now consolidated under Igors Bass (pictured with a beard in the video)—a key manager handling the Latvian business affairs and assets of Petr Aven.
As Poga actively expands Proposal Peak as an AI-driven platform for securing EU grants and public procurement contracts, maintaining direct legal ties with a proxy for a sanctioned oligarch posed critical reputational and regulatory compliance risks.
SIA "Humanity Water" was originally established in September 2024 with a share capital of €2,800.
Edgars Poga, co-founder of the Baltic startup Proposal Peak, has fully exited SIA "Humanity Water", shedding a toxic asset tied to the inner circle of sanctioned Russian billionaire Petr Aven.
On July 7, 2026, Poga officially transferred his 5% equity stake in the firm. Sole ownership (100%) and total control are now consolidated under Igors Bass (pictured with a beard in the video)—a key manager handling the Latvian business affairs and assets of Petr Aven.
As Poga actively expands Proposal Peak as an AI-driven platform for securing EU grants and public procurement contracts, maintaining direct legal ties with a proxy for a sanctioned oligarch posed critical reputational and regulatory compliance risks.
SIA "Humanity Water" was originally established in September 2024 with a share capital of €2,800.
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A line has been drawn under the story of Arbi Indorbaev, a Russian citizen and once-prominent Jurmala resident: nothing remains of his multi-million turnover, luxury cars, or corporate network.
Years ago, Indorbaev featured in multi-million-euro deals with Baltic International Bank, Trasta Komercbanka, and Rietumu Banka. Pledged for his personal debts were shares in VAIVARI, AGROBALT CORPORATION, and SEASIDE DEVELOPMENT, alongside a Bentley Mulsanne Speed "Bluetrain", Porsche 911 Carrera S, and BMW 730d.
Today, that chapter is closed: all pledges are cleared or written off, his entities liquidated, and Indorbaev is undergoing personal insolvency under administrator Jānis Pušpurs.
His last "active" role—leading the religious organization MUSULMAŅU DRAUDZE "IMAN" since 2013—ended on February 11, 2025, when its operations were officially terminated.
Pictured: Arbi Indorbaev (68) and Viktor Brod (80), board member of "EBREJU APBEDĪŠANAS IESTĀDE "HEVRA KADIŠO"".
Years ago, Indorbaev featured in multi-million-euro deals with Baltic International Bank, Trasta Komercbanka, and Rietumu Banka. Pledged for his personal debts were shares in VAIVARI, AGROBALT CORPORATION, and SEASIDE DEVELOPMENT, alongside a Bentley Mulsanne Speed "Bluetrain", Porsche 911 Carrera S, and BMW 730d.
Today, that chapter is closed: all pledges are cleared or written off, his entities liquidated, and Indorbaev is undergoing personal insolvency under administrator Jānis Pušpurs.
His last "active" role—leading the religious organization MUSULMAŅU DRAUDZE "IMAN" since 2013—ended on February 11, 2025, when its operations were officially terminated.
Pictured: Arbi Indorbaev (68) and Viktor Brod (80), board member of "EBREJU APBEDĪŠANAS IESTĀDE "HEVRA KADIŠO"".
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