Co-Owner of Polatsk Gambling Club Borrowed Money Using Souvenir Gold as Collateral

The Department for Combating Organized Crime and Corruption detained a co-owner of a gambling establishment in Polatsk who borrowed 250,000 rubles using souvenir gold as collateral, the Interior Ministry reports.

It was established that the 52-year-old Polatsk resident borrowed money several times despite being unable to repay it. As collateral, he left souvenir gold bars, presenting them as genuine. In this way, he borrowed 250,000 rubles from the victim.

A criminal case has been opened on charges of fraud on a particularly large scale. The suspect faces up to 10 years in prison.

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