Police Solve a Crime in Turkestan Region

Two fraudsters had tried to cheat the government

According to the press service of the Financial Monitoring Agency, fraud with state subsidies for farmers was solved in the Turkestan region.

As a result of the law enforcement operation called Kazyna, the police have solved a fraud case. Two residents of the Turkestan region, who were representatives of the local company Sybaga, had applied to the state-owned Agrarian Credit Corporation for an $875,254 loan. They claimed they need this money to purchase breeding stock. They even approached the corporation’s officials with documents proving a money transfer to Russia where local company Merkit acted as a supplier. 

To cover part of the contract, the fraudsters also received a subsidy from the Department of Agriculture of the Turkestan region in the amount of $301,732. However, they never bought 585 breeding cattle; instead, they had put false data into the animal database.

As a result, they stole $575,825 and spent this money for their personal purposes. 

After the investigation, a court has sentenced them to six years in jail. Their assistant was sentenced to five years behind bars.

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