Property of Moscow region ex-finance minister suspected of fraud arrestedThe property of Alexei Kuznetsov, the former finance minister of the Moscow Region suspected of major fraud, has been arrested, the Investigative Committee reported on Monday.14:23 08.07.2013
Police apprehend fake bankers in Moscow - Interior MinistryThe Moscow police have apprehended fake bankers who have cashed over 7 billion rubles ($213 million), the Interior Ministry reported on Friday.13:46 28.06.2013
Navalny could be pardoned of fraud charges - business ombudsmanOpposition leader Alexei Navalny may be pardoned and the fraud charges against him may be dropped, Russian Business Ombudsman Boris Titov told reporters on Wednesday.16:43 26.06.2013
IRS employees squandered budget funds on wine, stuffed animals - reportAn inspection of the US Internal Revenue Service (IRS) showed that its employees used their government credit cards to buy wine, stuffed animals, and online pornography, according to a report by the Treasury inspector general for tax administration.10:56 26.06.2013
Number of phishing attacks up by 87% worldwide - expertsThe number of users who faced phishing attacks in the past 12 months has grown by 87%, from 19.9 million to 37.3 million, Digit.ru reports, citing Kaspersky Lab's The Evolution of Phishing Attacks 2011-2013 survey.17:21 21.06.2013
Case of $30 million MICEX fraud sent to courtA man who earned 1 billion rubles ($30.6 million) in fraudulent stock exchange operations will be tried in Moscow, the Interior Ministry's Moscow department said on its website.12:22 21.06.2013
Hearings postponed in Aeroflot v. Berezovsky for lack of estate administratorHearings in Russian airline Aeroflot's fraud case against deceased oligarch Boris Berezovsky have been postponed owing to the fact that an administrator has not yet been appointed to Berezovsky's estate.17:33 18.06.2013
Two Russians arrested for Ponzi scheme in India chargedTwo of the three Russians who were arrested in Assam, India on suspicion of running a Ponzi scheme, have been delivered to Mumbai and charged.19:10 17.06.2013
New York mogul's Russian corporate raiding case dismissed by US courtThe US District Court for the Southern District of New York has dismissed for forum non conveniens a claim filed by New York real estate mogul Janna Bullock against a group of Russian and Cypriot nationals and business entities based on various claims related to an alleged corporate looting conspiracy.17:32 17.06.2013
Russian development mogul Polonsky charged with $176 mln fraud in absentiaRussian businessman Sergei Polonsky has been officially charged with embezzling over 5.7 billion rubles ($176.2 million) from the Kutuzovskaya Milya cooperative residential construction project's participants.16:54 14.06.2013
Russians arrested in India charged with Ponzi scheme fraudThe three Russians arrested in India on suspicion of running a Ponzi scheme have been charged with creating a financial pyramid, says Roman Vorobyov from the Russian Consulate General in Mumbai.11:18 14.06.2013
Russia convicts last suspect in MiG-29 fraud case - reportThe Moscow City Court has handed down a four-year suspended sentence to Mikael Kazaryan, the last defendant in the criminal case over low-quality parts for the MiG-29 fighters sent to Algeria in 2007.11:48 07.06.2013
Former financial director of Porsche fined for credit fraudA criminal court in Stuttgart, Germany, on Tuesday sentenced Holger Haerter, former CFO of German luxury carmaker Porsche Holding, to a EUR 630,000 fine for a loan fraud.13:15 05.06.2013
British American Tobacco's Russia branch accused of massive tax fraudThree criminal cases have been opened by Russian federal investigators against British American Tobacco's (BAT) local branch on charges of tax evasion amounting to upwards of 335 million rubles ($10.7 million).13:17 21.05.2013
High-ranking official questioned over Skolkovo mala fide scandalDeputy Economic Development Minister Pavel Korolyov has been questioned with regard to the case of the illegal transfer of $750,000 from the Skolkovo Foundation, Russia's high-tech development center, to State Duma lawmaker Ilya Ponomaryov (A Just Russia)11:09 14.05.2013
US court closes fraud case against gallery specializing in Russian artThe Southern District Federal Court in New York has closed Arthur Properties' case against ABA Gallery, according to the case materials obtained by RAPSI.16:36 13.05.2013
Russian restaurateur, reality TV star charged with fraud in New YorkMichael Levitis, the owner of New York's most famous Russian restaurant, Rasputin has been charged with fraud alongside Mission Settlement Agency, a debt reduction company, the US Attorney's Office for the Southern District of New York announced Tuesday.14:09 08.05.2013
Police reveal $1 mln Caspian Highway fraudPolice have detained four suspects accused of embezzling 31 million rubles ($1 million) of budget funds allocated for the maintenance of the Caspian Highway.10:54 30.04.2013
Bank of Scotland official's detention exteneded until May 31The Babushkinsky District Court in Moscow has extended until May 31 the detention of the security chief of the Royal Bank of Scotland's Russian unit. Vsevolod Glukhovtsev has been accused of fraud and is suspected of embezzling over 300 million rubles ($10 million).16:36 29.04.2013
Twenty percent of Internet users in Russia lose money to cybercrimeApproximately 20% of Russian Internet users have fallen victim to cybercrimes at least twice or lost money to online banking or shopping, Kaspersky Lab reported in a statement. The world average is 14%.13:35 26.04.2013