Rus News Journal

Process

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.