Cashier Serezha Two Percent got released from colony paying $3 thousand
An unserved term of Sergey Magin was replaced with a fine.
The leader of the cashiers' gang, accused of laundering over 120 billion rubles ($1.8 b), Sergey Magin (Serezha Two Percent) got paroled from the colony in the Ryazan region, Kommersant informs. The court replaced the remaining eight months and 18 days of the term with a fine of 200 thousand rubles ($3 thousand).
Magin was sentenced to eight and a half years in prison for illegal banking activities with the generation of income on a large scale and the illegal creation of legal entities. The investigation lasted four years, during which the suspect was in the detention center. Given the changes in the legislation, according to which a day in the isolation ward is equal to one and a half days in the colony, he had two years left in the Ryazan colony.
A few months after Magin's arrival at the colony, his lawyers appealed to the court to replace the unserved term with a fine. As a result, the court replaced eight months and 18 days in a colony with a payment of 200 thousand rubles ($3 thousand).
Magin's henchman, businessman Vadim Rybalchenko got paroled in November 2018. He also received the opportunity to file a petition for early release thanks to amendments to the Code of Criminal Procedure. He had less than two years left before the end of the term .
Magin and Rybalchenko headed the largest gang engaged in illegal banking activity and cash withdrawal on a large scale. The court proved that 122.2 billion rubles ($1.8 b) had been laundered by the gang of Magin. Magin and Rybalchenko were sentenced to terms of eight and a half years in prison, their accomplices - to terms from three and a half to five and a half years in prison. Another seven defendants in the case received suspended sentences.
The former Head of GUEBiPK Denis Sugrobov, who caught the gang, received 22 years of strict regime for creating a criminal community and many counts of abuse of power. Subsequently, the Supreme Court reduced Sugrobov's term to 12 years.