Complaints in the Bettencourt case to be heard on June 6The Bordeaux Court of Appeals on June 6 will hear the defendants' request to dismiss charges of taking advantage of the ill health of France's richest woman, L'Oreal heiress Liliane Bettencourt. The defendants include former President Nicolas Sarkozy and 11 other people.10:50 26.04.2013
Putin: Defense property fraud scandal investigation to reach conclusionDuring a Q&A session this Thursday, President Vladimir Putin assured the audience that the Oboronservice criminal case will reach a conclusion. "I would like to emphasize that the cases resumed soon after I returned to the post of commander-in-chief. Obviously, there were no obstacles to opening these cases. In fact, the law enforcement agencies were informed about these issues," Putin said.15:50 25.04.2013
Interior Ministry uncovers $340 million illegal banking schemeA preliminary investigation against a group of fraudsters who helped businesses evade taxes has been completed, the Interior Ministry reported on Thursday.13:02 25.04.2013
Skolkovo Foundation to sue opposition lawmaker for mala fide servicesThe Skolkovo Foundation is ready to sue State Duma Deputy Ilya Ponomaryov if it is proved that his services to the foundation did not justify the payment he received for them.11:43 25.04.2013
State should not interfere in Skolkovo fraud case – Deputy PMThe Russian government should not interfere with the investigation into a senior manager of the Skolkovo Foundation, which supervises the eponymous high-tech innovation hub, accused of embezzling $750,000 in state funds and paying the money to an opposition lawmaker who supported last year’s anti-Kremlin protests.10:14 25.04.2013
Russian billionaire sues GE subsidiaries for $75 millionAlexander Lebedev told Profile magazine that he is suing GE subsidiaries demanding compensation for their allegedly fraudulent operations involving Blue Wings airplanes.11:08 22.04.2013
Fraud case launched against Skolkovo Foundation VPInvestigators opened a legal case against Alexei Beltyukov, the senior vice president of the Skolkovo Foundation, accusing him of embezzlement, the Russian Investigative Committee said on Friday.09:46 19.04.2013
No probe into penitentiary service officials over dud electronic braceletsNo investigative action has yet been taken against high-ranking officials of the federal Penitentiary Service whom the media alleged were suspected of involvement in the electronic bracelets fraud case.12:37 18.04.2013
Government to enforce private pension fund fraud law - MedvedevThe government plans to approve a bill imposing sanctions on private pension funds that transfer pension savings under their control through fraudulent practices, Prime Minister Dmitry Medvedev said at a government meeting on Thursday.15:34 11.04.2013
Ex-CEO of major Russian gun manufacturer charged with $1 mln fraudThe former CEO of small-arms manufacturer Izhevsk Mechanical Works (Izhmash) has been charged with a 35 million-ruble ($1.1 million) fraud, Moscow police said on Thursday, in the latest of a string of corruption scandals to hit the Russian defense industry.11:11 11.04.2013
International credit card trafficker sentenced to 88 months in US prisonVladislav Anatolievich Horohorin, a 30-year-old Russian, Ukrainian, and Israeli citizen, was sentenced in the US Friday to 88 months in prison and ordered to pay $125,739 in restitution for trafficking in millions of stolen credit cards and for having played a role in the theft of upwards of $9 million from an American credit card company.11:38 08.04.2013
Russian woman arrested in Canada complains of rights abuseMarina Talashkova, a flight attendant from Yekaterinburg arrested in Canada on fraud charges in the United States, has appealed the court ruling rejecting her rights abuse claim.15:40 05.04.2013
Prosecutor seeks three years in jail for Defense property fraud suspectThe prosecutor has asked the Tverskoy District Court to sentence to three years in prison Nikolai Lyubutov, who is suspected of committing large-scale fraud at the Defense Ministry's Oboronservice.15:03 05.04.2013
Interpol rejects Egypt's request to arrest former prime ministerInterpol has refused to put former Egyptian Prime Minister Ahmed Shafiq on the wanted list, stating that the charges against him could be politically motivated.10:04 04.04.2013
Ghaddafi's cousin refuses to talk with Egyptian prosecutorsAhmed Ghaddafi Al-Dam, the late Libyan dictator Muammar Ghaddafi's cousin, refused to talk with Egyptian prosecutors and was sent back to the Torah prison near Cairo.10:40 01.04.2013
US court dismisses fraud claim against Russia’s Gulfstream SecurityA US federal court in New York dismissed claims filed by businessman Leo Raizberg asserting that he had fallen victim to a Russian security firm’s fraudulent investment scheme.18:43 29.03.2013
Investigators probe $32 mln e-bracelet fraudA criminal case has been opened into suspected fraudulent financial operations inside Russia’s Federal Penitentiary Service (FSIN) involving the purchase of electronic tracking devices for tagging convicts.16:37 29.03.2013
Sarkozy hopes to be cleared in the case of L'Oreal heiressFormer French President Nicolas Sarkozy has thanked all those who supported and trusted him on his Facebook page and expressed hope that "truth will prevail eventually."10:20 26.03.2013
Fraud ring stole over $2.5 mln from MMM Ponzi scheme investorsThe police in the Trans-Baikal Territory have established the names of the criminals who stole around 70 million rubles ($2.3 million) invested in the MMM virtual stock market game.12:51 25.03.2013
Ex-banker withdraws testimony in multibillion property theft in MoscowInvestigators intend to terminate the pretrial agreement made with a witness in the case of the attempted theft of 120 properties in Moscow who has withdrawn his testimony.11:41 25.03.2013