Embezzlement in RAS: Fedotov exposed accomplices but ended up as scapegoat
June 19, the court will announce the verdict to the former head of the Russian Authors Society (RAS) Sergey Fedotov, who has embezzled 500 million rubles ($8.6 million).
On the coming Monday, June 19, the Meshchansky District Court of Moscow will host the final hearing of the case of Sergey Fedotov, former head of the Russian Authors Society.
The hearing of the case of Fedotov will be conducted in a special mode and without examining the evidence, as he had copped a deal with the investigation, confessed to the embezzlement, and already partly compensated the damage caused to the RAS.
Let us recall that, as previously reported by the CrimeRussia, Sergey Fedotov had been charged with Swindling on an especially large scale (part 4 of Art. 159 of the Russian Criminal Code). He had been detained and placed in the pre-trial detention center Matrosskaya Tishina.
During the investigation, it was found that in April 2012, Fedotov deceived the members of the author's council of RAS. He brought up the issue of the need to create Servisno-ekspluatatsionnaya kompaniya ('Service and Operating Company') CJSC and transfer four premises in the center of Moscow to the company’s balance. A year later, this property was withdrawn from assets under false contracts.
Last August, Sergey Fedotov copped a deal with the investigation, pleaded guilty and agreed to roll on his accomplices. They included Deputy Head of the All-Russian Intellectual Property Organization Aleksandr Sukhotin and Director of the Russian Union of Right-holders Andrey Krichevsky.
According to Fedotov, it was Krichevsky ho put forward to him a proposal to funnel the assets out from the RAS. Sukhotin assumed the 'technicals', such as the re-issuance of documents.
As for the alienation of the property owned by the RAS, according to Fedotov, it was a necessary measure for repaying debts to banks, from which he and his accomplices received interest-free loans secured by real estate. He also listed the banks, with which they had 'cooperated.' The credit institution included Mostransbank, Regionalny bank razvitiya, Transportny, and Interkommerz; later, the Central Bank of Russia revoked their licenses.
After Fedotov exposed the criminal scheme, the criminal case against him was referred from the Internal Affairs Department's Investigations Directorate in the Central Administrative District to the ICR Main Investigations Directorate in Moscow. Senior Investigator Vladimir Menshov completed the investigation in late May. It is noteworthy that the only one who was brought to justice was Fedotov, while Krichevsky and Sukhotin were not even witnesses in the case. In addition, the investigator decided against separating the proceedings against unidentified persons who were also involved in the criminal scheme.
The court believes that Anzhela Maria Tsapok could have made the money to buy the house and the expensive car by legal means, since she owned a firm. The court still refused to lift the attachment from her 6 million dollars.