05 February 2014, Wednesday, 17:05

Raids in Drevprom offices are continued in Bashkiria

author: Olga Murtazina

In Sterlitamak a criminal case under article "Large-scale fraud" against the head of Drevprom company department is initiated, which police suspect of the Ponzi scheme, according to the press service of the Ministry of Internal Affairs of Bashkortostan Republic. Raids and seizure of documents are held in all offices of the company in several regions of the country. The company was particularly active in acquiring loans in Bashkortostan and Tatarstan. Drevprom promised borrowers to pay off the bank for 25-30 percent of the cost of a loan. Bashkir police conduct investigation jointly with the Department of Economic Security and Anti-Corruption Enforcement of the Ministry of Internal Affairs of Russia.

themes: fraud, loans