Thirty arrests in Russian organised credit-fraud investigation
Moscow police report fourteen further arrests in an investigation into a suspected network that defrauded banks. Combined with sixteen previous arrests, the total is thirty. Alleged losses amount to sixty million roubles.
Police say loans were obtained against cars as collateral using false employment information. Investigators suspect the borrowers did not intend to repay. The new detainees include an alleged organiser, intermediaries, borrowers and drivers.
The ministry says 28 criminal investigations have been combined into one case. Documents and other potential evidence were seized during searches.
Two people were placed in pretrial detention; others face different supervision measures. The investigation continues.









































