House arrest of suspect in Defense Ministry property scandal extendedThe Khamovnichesky District Court in Moscow has extended the detention of Yevgenia Vasilyeva, former CEO of the Defense Ministry's Property Management Department who has been charged as part of the 13 billion rubles ($433 million) fraud case until May 23.15:21 20.03.2013
Utility management company head faces $8 mln bankruptcy fraud chargesThe head of a utility management company in Arkhangelsk in northern Russia has been charged with 250 million ruble ($8.1 million) bankruptcy fraud, the Interior Ministry announced on Friday.12:01 15.03.2013
Hermitage Capital slams charges against Magnitsky boss BrowderHermitage Capital on Thursday dismissed the Russian Interior Ministry's new charges against its head William Browder as "absurd" and "hysterical."15:42 08.03.2013
Prison officials held over $3.2 mln sugar buy fraudRussian investigators said on Thursday they have uncovered new fraud schemes inside Russia’s prison system involving buying sugar for prisons at inflated prices.14:29 07.03.2013
Suspect's luxury assets frozen in Defense Ministry property scandalA court in Moscow has arrested the property of Yevgenia Vasilyeva, former CEO of the Defense Ministry's Property Management Department who has been charged as part of the $433 mln fraud case.13:07 07.03.2013
“World’s sexiest computer hacker” to be sentenced in US in AprilThe sentencing of Kristina Svechinskaya, widely dubbed the “world’s sexiest computer hacker,” has been postponed until April 19 in a case centering on her role in an international fraud scheme that used hundreds of sham bank accounts in order to steal upwards of $3 million.12:43 05.03.2013
Polish police arrest Russian national suspected of fraud in UralsPolish law enforcement authorities have arrested a Russian national suspected of misappropriating the assets of several plants in the Urals.16:57 01.03.2013
Police discover $492 mln payment machine scam in MoscowThe police have exposed a criminal group which operated a network of non-licensed payment machines in Moscow's central district.12:47 01.03.2013
Wanted ex-Bank of Moscow CEO Borodin granted asylum in UKBritain has granted political asylum to Andrei Borodin, the former head of the Bank of Moscow charged with large scale fraud. Borodin claims that the criminal cases against him and his first deputy were opened on false premises and were politically motivated.11:54 01.03.2013
Russia's penitentiary service reveals $327 mln fraudRussia’s Federal Penitentiary Service said on Thursday it had uncovered fraudulent financial operations inside the organization which have cost it over 10 billion rubles (some $327 mln).14:06 28.02.2013
Police carry out searches in space firm fraud casePolice have conducted searches as part of an investigation into alleged fraud at a satellite communications company, the Interior Ministry's Moscow branch said on Friday, but did not give further details.17:36 22.02.2013
Ex-official tied up in Russian defense fraud scandal seeks return of $4 mlnFormer Defense Ministry Property Department CEO Yevgenia Vasilyeva plans to file a claim to recover $4 million worth of personal belongings that were confiscated during a search in her apartment.14:26 22.02.2013
RusHydro starts internal probe over $33 mln fraudRussia’s state-run hydropower holding company RusHydro is to hold an internal audit into a 1 billion ruble ($33 million) fraud uncovered at the company.17:07 18.02.2013
Russia's ex-defense minister to be charged this week - reportFormer Defense Minster Anatoly Serdyukov may be charged with fraud and abuse of office this week. Serdyukov may face charges under two Criminal Code articles and a prison sentence of up to 10 years.12:16 18.02.2013
Israeli ex-foreign minister Lieberman on trial for fraudThe trial of Israel’s former foreign minister Avigdor Lieberman, accused of fraud and breach of trust, began on Sunday afternoon in Jerusalem Magistrate’s Court.10:05 18.02.2013
Executive suspected of $64 mln bank theft refuses pretrial agreementYevgeny Rogachyov, former chief of corporate business of Master Bank, who is suspected of cashing out 2 billion rubles ($64 million), told RAPSI on Friday that he had not made a pretrial agreement with the investigation.13:02 15.02.2013
Russian bailiff accused of $126 mln fraud scheme faces 10-year sentenceAnastasia Dolgikh, former chief of the court bailiffs department in the city of Perm, has been charged with abuse of power leading to damages estimated at 3.8 billion rubles (around $126 million).12:16 15.02.2013
Porsche executives suspected of refinancing fraudThe Stuttgart prosecutor's office is investigating charges of a Volkswagen refinancing fraud against members of the Porsche supervisory board.12:47 12.02.2013
Tymoshenko dodges hearings in UESU case for 10 months in a rowFormer Ukrainian Prime Minister Yulia Tymoshenko has again refused to attend the hearing of the financial fraud case initiated against her 10 months ago, the State Penitentiary Service of Ukraine reports.10:21 12.02.2013
Marshall Capital assesses damage from VTB loan fraud case at $500 mlnKonstantin Malofeyev's fund Marshall Capital (MarCap) has assessed its losses from the arrest of its assets in connection with a legal dispute with VTB exceed $500 million.10:55 07.02.2013