Criminals accused of amassing 600 million rubles in illicit funds to face trial in Kuban region
In Gulkevichsky District of Russia, a criminal group of 16 individuals, accused of operating unregistered banking activities, are to face trial. Over a span of seven years, this group allegedly generated approximately 600 million rubles through unregistered banking operations, according to the investigation.
Furthermore, the group produced counterfeit payment orders to deceive banks into facilitating illegal money transfers. In addition, they established 94 shell companies through fake identities.
Having completed the investigation, the matter has been submitted to court. If found guilty, the suspects could receive up to ten years behind bars, as reported by the GU MVD of Russia for the Krasnodar Territory's press service.
Meanwhile, another court order has demanded the recovery of 25 million rubles from the founder of financial pyramids in Moscow and Krasnodar. The illicit activities of these financial pyramids were reportedly exposed and stopper by the employees of the FSB of Russia for the Krasnodar Territory.
Typically, cases like these concern unauthorized financial services, such as deposit acceptance or loan issuance, which are stringently regulated in Russia by the Central Bank. Unauthorized banking activities without a license can lead to criminal charges, fines, and potential imprisonment. For the ongoing case, further details may materialize as updates from the Russian Investigative Committee, the Central Bank, or local law enforcement authorities become available, or during court proceedings, if public.
The unregistered banking activities conducted by the 16 individuals in Gulkevichsky District, estimated to have generated around 600 million rubles, also involved producing counterfeit payment orders and establishing shell companies through fake identities, which fall under the general-news category of unauthorized financial services in business. Meanwhile, the foundation of financial pyramids, like the one in Moscow and Krasnodar, involved in illicit activities, is another example of crime-and-justice issues related to finance.
