Moscow region ex-official gets 2 years in prison for large scale fraud
MOSCOW, February 3 (RAPSI) - Former Moscow Regional deputy minister of physical culture, sports and work with youths Sergei Malin has been found guilty of large scale fraud and sentenced to two years in prison, the Moscow Region Directorate of the Investigative Committee announced on Wednesday.
According to investigators, in April 2014, Malin stole over 38 million rubles (about $488,000) that the Volleyball Center of Moscow Region had to receive as grant. The funds were fraudulently transferred to accounts of shell companies and then cashed.
Malin has pleaded guilty to charges brought against him.