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Far Eastern financial pyramid fraudster sentenced to nine years in prison

Arsalan Gomboyev stole 18 million roubles from citizens of the Amur region by launching a financial pyramid scheme

KHABAROVSK, November 27 (Itar-Tass) — The Blagoveshchensk city court has sentenced Arsalan Gomboyev, who stole 18 million roubles from citizens of the Amur region by launching a financial pyramid scheme, to nine years in prison, the Interior Ministry’s department in the Far Eastern federal district told Itar-Tass on Tuesday.

The court also obliged him to compensate damage thus inflicted.

Investigators found that Gomboyev, 58, who holds Ph.D. in Economics, developed a regional construction scheme “Affordable Housing.”

Preliminary sales and purchase agreements and treaties on interest free loans were concluded with residents of the Amur region.

All funds Gomboyev received in the period from April 2008 to March 2009 he used for his own needs.

According to the police, Gomboyev had already been brought to criminal responsibility for similar crimes in the Trans-Baikal Territory.

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US assured Israel that Iranian drones will be intercepted — US journalist Hersh

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FACTBOX: Collective Security Treaty Organization

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Russia knows French military instructors working in Ukraine — Lavrov

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Indonesia cancels forty flights due to volcano eruption — Internet portal

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Russia’s defense chief inspects production of tanks, flamethrowers at Siberian enterprise

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