MOSCOW, September 29 (RAPSI) – The Prosecutor General’s Office has estimated damage caused by unscrupulous real estate developers as far as 4.8 billion rubles ($83 million), the chairman for the State Duma’s Committee on security Vasily Peskarev said on Friday.

He noted that 1.1 billion rubles (about $19 million) of that sum have been compensated to date. According to law enforcement agencies, they received 634 claims from private investors. As a result, 393 criminal cases were launched and 49 of those cases were submitted to courts. In 241 cases the authorities refrained from initiating criminal proceedings.

The State Duma’s Committee has analyzed the “road maps” indicating 803 problematic construction objects, provided by the Construction Ministry. The documents list 36,198 private investors as ones deceived by real estate developers. The public report on the situation in the sphere of privately funded construction is expected to be released in December.