Deceased Svetotekhstroy leader suspected of $47.5m-theft from common fund

Deceased Svetotekhstroy leader suspected of $47.5m-theft from common fund
Sergey Deniskin (Sedoy)

Leader of the Svetotekhstroy gang Sergey Deniskin was released in March of this year as doctors diagnosed cancer. None of his former comrades-in-arms came at the funeral.

On June 27 Saransk buried criminal lord and leader of the Svetotekhstroy organized crime group Sergey Deniskin. The cause of death is cancer. In 2011, he was found guilty of organizing and leading the gang by a jury trial, and the Supreme Court of Mordovia sentenced him to 18 years in prison. Sergey Deniskin, known as Sedoy, together with his closest associate Vladimir Filippov (Felix) created a stable criminal community Svetotekhstroy, which committed murders, extortion, fraud. Then the gang extended its influence to commercial enterprises and organizations not only in Saransk but also outside it, having established inter-regional ties. In addition to organizing the gang, the jury found Deniskin guilty of attempting to assassinate member of the Kopeevtsy gang Mikhail Shikin. Sedoy was found guilty on an episode over extortion of non-residential premises, where a hair salon was later opened.

After two associates of the Svetotekhstroy leader Vitaly Kachaev (Vitan) and Vladimir Filippov were killed, Deniskin ran away. According to Stolitsa-S, Sedoy stole money from the common fund - about 3 billion rubles ($47.5m). There is information that, while being on the international wanted list, Sedoy enjoyed Russian pop stars company.

And in 2010, while escorting from the SIZO to the premises of the Ministry of Internal Affairs, Deniskin promised an apartment worth 15 million rubles to Senior Lieutenant Vyacheslav Legalov and Captain Dmitry Fadeev, if they helped him to bribe one of the principal witnesses of the accusation - member of the Svetotekhstroy gang Alexey Ovchinnikov, who was in prison. Those told Ovchinnikov that for changing the testimony in favor of Deniskin, he would receive 100 thousand dollars. The witness said that he agreed to change the statement, but only for 150 thousand euros. In the pre-trial detention center Deniskin lived freely, Fadeev and Legalov participated in joint feasts several times. And at some point, Sedoy was even released from custody for health reasons. As Vecherny Saransk writes, one of the high officials in the republic's law enforcement bodies allegedly received several tens of millions of rubles for resolving this issue.

Not having served the entire term, 59-year-old Sergey Deniskin arrived in Saransk from the Far East, where he did his time. As it turned out, leader of the Svetotekhstroy gang Sergey Deniskin was released in March of this year as doctors diagnosed cancer. None of his former comrades-in-arms came at the funeral.

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