In the Krasnodar Territory a criminal investigation into a fraud in the credit sphere was completed

The Investigative Division of the MIA of Russia Division for the Kanevsky District completed the investigation of a criminal case initiated against a 64-year-old local resident on the grounds of a crime stipulated by part 4 of Article 159.1 of the Criminal Code of the Russian Federation “Credit fraud”.

The reason for initiating the criminal case was a statement from employees of one of the banks that a resident of the village of Kanevskaya did not fulfill obligations under a loan agreement.

In the course of the investigation, it was established that an individual entrepreneur engaged in the wholesale of fertilizers, in order to receive a bank loan in the amount of 15 million rubles, provided the bank with inaccurate information about the owned by him collateral.

After receiving the funds, he partially redeemed the amount of interest on the principal debt in the amount of more than 900 thousand rubles, after which he ceased fulfilling his obligations under the loan agreement. The damage caused to the bank amounted to about 15 million rubles.

For the period of the preliminary investigation, the court selected for him a preventive measure in the form of a subscription of his own recognizance and proper conduct.

Currently, the criminal case with the approved indictment has been sent to Court for consideration on the merits. This article presumes a punishment in the form of imprisonment for a term of up to ten years.

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