The ex-head of RAO was sentenced to 5 years for fraud in the amount of 770 million rubles

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Former head of the Russian Authors’ Society (RAO) Sergei Fedotov was sentenced to 5 years in prison in a fraud case. This was reported by TASS on July 29.

“By partial addition, to appoint Fedotov a sentence of 5 years in prison with serving in a general regime colony,” – said in the verdict of the Presnensky Court of Moscow.

According to the investigation, Fedotov’s accomplices were looking for musical works that were virtually never reproduced anywhere, transferred funds to controlled accounts, after which they cashed this money – in this way more than 770 million rubles were stolen.

Fedotov himself was the actual leader of the criminal group, giving instructions and distributing the stolen funds among the participants in the fraud.

The defendants in the case admitted their guilt.

The day before the prosecutor asked the court to appoint Fedotov a term of 5.5 years in prison.

In December 2018, Fedotov was arrested in a fraud case. Earlier, in June 2017, he had already been convicted of a particularly large fraud. The investigation and the court established that he misled the members of the RAO Council, who decided to transfer one building and three non-residential premises to the balance of the Service and Operations Company, which were subsequently sold to third parties. The damage amounted to about 300 million rubles.

Fedotov fully admitted his guilt, made a deal with the investigation, and in December of the same year he was released on parole.

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