In a shocking revelation, a resident of the Dnipro region finds himself at the center of a massive fraud investigation involving tens of millions of hryvnias.
In a shocking revelation, a resident of the Dnipro region finds himself at the center of a massive fraud investigation involving tens of millions of hryvnias. Under the guise of purchasing grain and oil, this individual stands accused of orchestrating a deceitful scheme that has left both the local and national business communities reeling. This case serves as a stark reminder of the importance of transparency and integrity in economic transactions.
An indictment against a resident of the Dnipro, suspected of organizing a fraudulent scheme, has been filed with the court.
This is reported on the website of the State Bureau of Investigation.
The report shows that a resident of the Dnipro created a criminal organization into which he drew his trusted people. They extorted money from entrepreneurs under the guise of buying cereals and oilseeds.
The accused individual, whose identity is being protected due to legal proceedings, is a Dnipro resident who had been involved in the grain and oil trade for several years. At first, he appeared to be a successful and trustworthy entrepreneur, gaining the confidence of many within the industry. However, recent developments have unveiled a web of deception and financial misconduct.
The suspects searched for enterprises engaged in the sale and purchase of agricultural products, simulated negotiations between them on the purchase or purchase of goods, and after making payments, took the money for themselves. In particular, they opened fictitious accounts and falsified accounting documents.
According to the SBI, four episodes of confiscation of money from entrepreneurs from the Lviv, Poltava and Khmelnytsky oblasts were established for a total amount of over 92 million hryvnias.
It was also established that during the period of activity, the participants of their fraudulent schemes used the data of over 220 business entities.
The organizer and five of his accomplices were charged with participation in a criminal organization, fraud, money laundering and forgery of documents (Art. 255 parts 1, 2, Art. 190 parts 4, Art. 209 parts 3, Art. 209 parts 3, 4). Article 358 of the Criminal Code of Ukraine). They face up to 12 years in prison.
The investigation into the other participants in the fraudulent scheme is ongoing.