In Moscow opened a case after cheating investors of hundreds of millions of rubles

© RIA Novosti / Natalia to Seliverstova in photobacteria the Prosecutor General of Russia on Petrovka street in MoscowIn Moscow opened a case after cheating investors of hundreds of millions of rubles© RIA Novosti / Natalia to Seliverstova the image Bank

The CEO of a construction company became a defendant in a criminal case on the fact of cheating shareholders in the Shchelkovo area of Moscow region for the construction of residential high-rise buildings gathered about 700 million rubles, but for three years the object was built only 20%, said Friday the Prosecutor General’s office.

According to prosecutors, the construction in the village of Litvinovo began in 2014 and was to be completed last fall, but now the objects constructed only by 20%. The company has collected about 700 million rubles before the state registration of contracts of equity participation, the report says.

«Materials of public Prosecutor’s check was sent to the investigative body that filed against Director of construction firm criminal case under article «Attraction of money of citizens for building in infringement of requirements of the legislation of the Russian Federation»,» — said in a release.

What kind of company it is, the Prosecutor General’s office did not specify.

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