Pension Fund employees steal nearly $6m in North Ossetia
Workers of the state institution accrued pensions to non-existent people.
Officers of the Pension Fund in a region of North Ossetia-Alania stole more than 350 million rubles (nearly $6m).
According to the investigators of the Ministry of Internal Affairs of the region, employees of the state institution accrued pensions to non-existent people between January 2005 and March 2017. The scam required fabrication of 273 pension cases that were used for illegal payments to fictitious persons.
A criminal case has been opened for violation of part 4 of Art. 159 of the Criminal Code (Swindling). Law enforcers do not disclose the names of the suspects, saying they will be convicted soon. The investigators also said: "investigative and operational measures are being carried out to establish all the people involved in the unlawful acts."
There is new development in former Tatfondbank Bank Chair of the Board Robert Musin’s case. He is now charged with 22 violations and accused of causing 51 billion rubles ($859.200) worth of damages. Investigators declassified some information about the new charges against Robert Musin that have to do with offshore companies.
The 55-year-old spouses Shevchenko and their 29-year-old son were engaged in construction business and trade in jewelry. In addition to the criminal redistribution of business, the investigation does not rule out robbery.