Moscow, Mar 2 (IANS/RIA Novosti) A Russian national has been detained in Poland over suspicion of defrauding several companies of stock and property worth an estimated $12 million, the Russian interior ministry said.
According to Russian investigators, the suspect, Sergei Petrov, fraudulently acquired 252 million rubles (about $8 million) worth of shares in 2004 in the Urals-based UralinvestEnergo industrial group and the South Urals insulator plant, owned by the Uralinvestenergo corporation.
He is also suspected of misappropriating property worth over 119 million rubles (about $4 million) from the Uraleletrosetstroy company, between 2004 and 2006.
“As a result of his unlawful activities, Petrov has caused total damage in excess of 370 million rubles (about $12 million),” the ministry said, adding it was preparing an extradition request for Petrov which would be sent to Poland soon.
He faces up to 10 years in jail if convicted.
Petrov was detained in Ukraine in 2008, but as he had refugee status in that country Russia’s extradition request was denied, said Urals region interior ministry press service chief Valery Gorelykh.