Court delivered verdicts for gang of cashiers from Zolostbank

Court delivered verdicts for gang of cashiers from Zolostbank

In three years of its criminal activity, Zolostbank's management and about ten of its subordinates cashed out 40 billion rubles, earning about 200 million rubles.

In three years of its criminal activity, Zolostbank's management and about ten of its subordinates cashed out 40 billion rubles, earning about 200 million rubles.

The trial of bank managers Aleksandr and Igor Kryukov, as well as their sisters Tatyana and Elena began in June 2016. Activity of the criminal group created by the Kryukov brothers refer to the period from 2009 to 2012.

According to investigation, the Kryukovs have enmeshed both their relatives, occupying various positions in the bank, and employees, in the Illegal Banking Activities (part 2 of Art. 172 of the Russian Criminal Code).

In particular, Aleksandr Kryukov has been sentenced to 4.5 years in prison, while his brother Igor – to 3.5 years, as well as a fine of 1 million rubles each. They both have not pleaded guilty. Only one defendant in the case has been put on probation, while the rest of persons accused have received from 2.5 years to 3 years in prison of general regime.

The scheme worked as follows. As Master-bank clients, Zolostbank's representatives used to buy cash in wholesale volumes from the former. Using counterfeit electronic orders, the criminals would withdraw cash funds to the accounts of shell organizations, and cashed them out, receiving 3-7% of the payment amount from clients. In three years, the swindlers cashed out about 40 billions rubles through companies controlled by them.

It is worth noting that the criminal case against Zolostbank's employees has been severed from the case of former head of one of Master-bank’s client managements Evgeny Rogachev, employee Igor Babichev, and Master-bank expert Andrey Orlov.

Rogachev and his accomplices are charged with cashing of another 20 billion rubles from Master-bank.  

The publication notes that former owner of Master-bank Boris Bulochnik, who is  internationally wanted over Premeditated Bankruptcy (Art. 196 of the Russian Criminal Code) is also a potential defendant in the criminal case of illegal cashing of funds.

Tags: Banks Moscow
Discuss

Recommended

1 / 3