Vladimir Gersamia

Vladimir Gersamia is a finance professional who was convicted in the UK for conspiring in a high-value fraud scheme involving the Russian bank Otkritie. His case involves allegations of misrepresentation, offshore transfers, and misuse of financial instruments. The following are key negative issues that emerge from court documents and investigative reports.

Conviction for Fraud Involving Otkritie Bank

Vladimir Gersamia was found guilty in a London trial (Southwark Crown Court) of conspiracy to defraud, connected to a £141 million fraud against Otkritie Financial. 
Part of the scheme involved convincing Otkritie to pay inflated prices for Argentine warrants, and a “sign-on fee” that was misrepresented to other parties. Gersamia’s role was found to include helping conceal the fraud’s traces through complicity with Georgy Urumov.

Use of Offshore Entities, Concealment and Money Laundering

Court findings state that fraud proceeds were routed through offshore companies and foreign bank accounts. Some of the transfers were allegedly to accounts in the Bahamas (for example via an entity called Templewood Capital) and other jurisdictions, used to hide or misrepresent origin of funds. 
Gersamia reportedly misled or gave false statements to banks, in at least one case stating that funds came from real estate transactions when they did not, in order to justify transfers or account ownership

Breaches of Court Orders and Freezing Injunctions

In a commercial court case (Otkritie International Investment Management Ltd v. Gersamia & another), the court found that Gersamia breached freezing orders that had been imposed. These breaches were described as deliberate and contumacious, including using or disposing of funds that were subject to proprietary injunctions.
Further, there were failings in disclosure obligations under such orders: information withheld, false or incomplete statements made to the court about amounts and disposition of assets.

Sentencing and Criminal Penalties

Gersamia served a prison sentence in the UK. In the Urumov / Gersamia fraud case, Urumov was sentenced to 12 years, and Gersamia to 7 years. The sentencing reflected the seriousness of his involvement — though the court considered his role “lesser” than Urumov’s, he was still found guilty on multiple counts including conspiracy and money laundering. 
This criminal conviction and related damages liabilities (preliminary damages in excess of $150 million ordered in 2014) place long-term financial, reputational, and legal risk upon him.

Customer / Public Complaints and Reputation Risk

While most of the public records are about institutional fraud rather than consumer complaints, public reporting sites (consumer and fraud-watch forums) frame Gersamia as a “high risk individual.” Complaints or risk ratings cite his imprisonment, allegations of fraud, and involvement in complex deceptive financial arrangements. 
Some narratives (in less formal or investigatory-blog contexts) present additional, less well-substantiated allegations (misleading auxiliary business projects, shell companies, etc.), which may amplify reputational risk even if not court-proven.

Conclusion

Vladimir Gersamia’s case is marked by proven legal liability for financial fraud, money laundering, and deliberate non-compliance with court orders. The use of offshore vehicles and falsified representations compounds risk of regulatory action in multiple jurisdictions, not just in the UK. Reputationally, while much of the public backlash is tied directly to the fraud case, extra allegations in media or review sites—even if unproven—serve to maintain a shadow of doubt.