FBI Opens Investigation Into OnlyFans Financial Activity Over Potential Crimes

OnlyFans, the adult subscription company that has gained significant popularity amid the pandemic, is allegedly being investigated by the FBI, following numerous reports of money laundering, suspicious transactions, and underage users.

According to various Suspicious Activity Reports (SARs) filed by banks in the US and elsewhere, and originally published by Forensic News back in March 2021, Leonid Radvinsky, the owner of OnlyFans and MFCXY Inc, which operates MyFreeCams, has been flagged on countless occasions over alleged suspicious transactions, as well as providing platforms to “underage children, and other vulnerable individuals [who] might be forced to provide services.”

Previously, OnlyFans’ CEO Tim Stokely revealed that the adult social media platform had made revenues of $2 billion last year, with profits totaling over $300 million. Despite such eye-popping figures, Radvinsky has for the most part been able to avoid the public limelight. In contrast, US banks, as well as the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) have long been aware of Radvinsky’s questionable business dealings for a number of years, and has flagged more than $1 billion worth of potentially suspicious financial activity related to his companies.

Among the most blatantly suspicious activity noted in the SARs, a banking expert has revealed to Forensic News that Radvinsky had transferred millions of dollars between his accounts without providing an adequate explanation to the banks. This has supposedly given the appearance of laying, which is a practice used to hide the source of illegal activity and make it more difficult to track.

Then, in another series of SARs, banks have warned that Radvinsky’s other company, MFCXY, “may be operating in areas where underage children, and other vulnerable individuals might be forced to provide services.” Although the banks did not outline specific instances of underage activity, they did highlight that money was being transferred to “high-risk” regions, including Columbia, Romania, Poland, Bulgaria, Ukraine, Lithuania, the Philippines, and Russia.

Now, according to Forensic News journalist Scott Stedman, all of these previously reported allegations have caught the attention of the FBI, which has allegedly opened a “sprawling” investigation concerning the financial activity of OnlyFans and its owner.

Information for this briefing was found via Forensic News. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One thought on “FBI Opens Investigation Into OnlyFans Financial Activity Over Potential Crimes

  • October 10, 2022 3:38 PM at 3:38 pm

    I need major help, as I recently found out I have been placed on GTD by a Platform called Onlyfans. Onlyfans, Facebook AKA META, Instagram, Twitter, and Snap are in fact working together to hurt creators, and competitors to profit immensely. Fraud acts, such as, identify theft, data breach, breach of contract, and wrongfully disabling accounts in the thousands. I have been on Onlyfans for 4 years only to find them stealing my earnings from tips, subscription money, and messages. I’ve gone back and forth with Onlyfans for two years, with 0 progress . They also blacklisted my website, which is now down due to failure to keep earning. I put myself in a really good retirement position, just to have it all taken from me. Not only can I not retire but all of my accounts are messed up, and compromised due to the Onlyfans blacklisting scam. These people are awful. I’m out millions. Not only have they destroyed my business, and the last few years of my life they have in fact ruined my future. I can’t earn money across the web as my propaganda is being flagged, removed, blocked, and ghosted. I have been tryin to sell makeup, clothes, and clothes for months and my sales are at $0 because I can’t even reach an audience.


Leave a Reply