Poltava City Council deputy exposed for illicit enrichment of over UAH 340 mln – SBU
The Security Service and the National Police of Ukraine have documented new crimes committed by a deputy of the Poltava City Council, who in October 2025 was exposed for schemes involving the declaration of income.
As reported on the SBU website, at that time the perpetrator was exposed for non-declaration of cryptocurrencies and operations with virtual assets worth UAH 200 mln.
The deputy's name was not specified. According to a number of media outlets, it concerned Oleksandr Kalutsky at that time. Interfax-Ukraine news agency has no confirmation or denial of this information.
"It has now been established that the deputy additionally tried to hide UAH 340 mln of unknown origin from financial reporting. According to SBU cyber specialists, during 2022-2025, the official transferred funds to his own crypto wallets through figureheads without including them in declarations and tax reports," the SBU message says.
Based on new evidence of illegal activity, the individual was notified of suspicion under Art. 368-5 of the Criminal Code of Ukraine (illicit enrichment). The pre-trial investigation is ongoing; the sources of the monetary assets and the individuals involved in the financial deals are being established.
Kalutsky, born in 1973, is an entrepreneur and, together with his family, owns the Deluxe car wash network. He was elected a deputy of the Poltava City Council on the lists of the "For the Future" political party.
According to Kalutsky's previous declarations, in early 2024 he purchased a large amount of cryptocurrencies – among them well-known Bitcoin, Ethereum, Litecoin, Avalanche, Dash, Uniswap, Near, as well as less popular tokens such as Polkadot, Cosmos, Arbitrum, Starknet, dYdX, Zcash, 1inch, zkSync, Internet Computer, Flow, Optimism, ID, HFT, USTC, and MEME. The total amount of investment at the time of purchase was over UAH 33 mln.
