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    Roscosmos COO Arrested on Fraud Charges, Accused of Stealing Over $3 Mln

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    Roscosmos COO Vladimir Evdokimov has been arrested Thursday on fraud charges. He has been accused of stealing over $3 Mln, a RIA Novosti correspondent reported from the court proceedings on Thursday.

    On Thursday, Moscow's Basmanny district court arrested Roscosmos COO Vladimir Evdokimov for two months until January 30.

    "Meet the investigator's request and implement a measure of restraint in the form of detention," judge Artur Karpov said when announcing the court's decision.

    Evdokimov faces up to 10 years of imprisonment under large scale fraud charges if found guilty. The investigation has found that Evdokimov has committed fraud, stealing more than $3 million from the Russian Aircraft Corporation MiG.

    The investigator said that Evdokimov should be put into a pre-detention center as he could flee the country to hide elsewhere like other defendants in this case have done.

    Evdokimov himself said that he does not admit his guilt. He pointed out that he provide his testimony and is willing to cooperate with the investigation. Talking about the possibility to flee the country, he said that he has no such option because he does not have an international passport. Evdokimov also noted that he suffers from several diseases and therefore needs medical treatment.

    Defense suggested that Evdokimov could be put under house arrest or be released on bail. Evdokimov's wife is ready to provide the suggested sum — around $470,000.

    Earlier, the investigators arrested Alexei Ozerov, a former CEO of MiG subsidiary, and deputy CEO of another Russian aircraft manufacturer Tupolev Yegor Noskov in connection with this case.

    The detainees are suspected of having illegally acquired a development site in northeastern Moscow that was later resold and then sublet to the subsidiaries of the United Aircraft Corporation (UAC) among other clients.

    MiG and Tupolev are both affiliates of the UAC.

    Related:

    Russian Investigators Accuse Roscosmos Top Manager of $3Mln Fraud Scheme
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    fraud, Roscosmos, Basmanny court, Russia
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