In the Khabarovsk region from real estate investors he stole about a billion rubles

© RIA Novosti / Valery Melnikovskoye police. Archival photo<img src="/wp-content/uploads/sites/5/2018/04/fa51d046fbf8d5a8c70b5a2fee67aca2.jpg" alt="In the Khabarovsk region from real estate investors he stole about a billion rubles" />© RIA Novosti / Valery Melnikov

The damage for the sum about billion rubles, caused to the participants of shared construction in the Khabarovsk territory three Directors of construction companies, reported a press-service regional UMVD.

According to the report, the police found that within five years the Director of a construction firm with aiding and abetting two other defendants in concluded about 840 agreements on share participation in construction of residential complexes with the business objects. Under the agreement the investors transferred money to the account of the company, but part of them were spent for purposes not connected with construction.

«The General damage from actions of malefactors has made about 1 billion rubles. Conditions of the contractual relations with the organizations of developers is not met, the facility has not been entered, and their construction stopped», — stated in the message.

A criminal case against three Directors of the construction of commercial companies were instituted under the article «Appropriation or embezzlement», the report States. The maximum sanction on it provides for a penalty of deprivation of liberty for a term up to 10 years.

It added that the issue of electing a suspect measure of restraint.