the Businessman who has deceived shareholders on 29 million rub, is condemned in Ulyanovsk. As the regional Office of Public Prosecutor, in 2005 the director of Open Company " has informed; RPK Ulyanovsk “ Dmitry Grishin has organised the advertising company in mass-media, suggesting to get apartments at the price below market in a housing estate erected by its company in territory of the regional centre. To convince potential investors - participants of share building of the successful termination of works, it has started erection of a zero cycle of houses, knowing about absence of the property rights or rent on the ground area, and also - building licences. “ thus Grishin made out contracts of long-term investments into building of five five-floor houses along the street Robespera in the city of Ulyanovsk then disposed of the sums received from citizens under own discretion. As a result of the given criminal acts during the period since April 2005 till May, 2008 the property damage at a rate of more 29 million roubles " is caused inhabitants of region; - it is told in the message. The court recognised Grishin guilty under article “ the Swindle made with use of office position in especially large size “ also it is sentenced to five years of a standard regime penal colony and the penalty at a rate of 150 thousand roubles.