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2024: Ex-beneficiaries of Bank Gorod and Taurus Bank were given up to 10 years in prison for embezzlement of billions of rubles

On November 5, 2024, the Simonovsky District Court of Moscow found the former beneficiaries of Bank Gorod and Taurus Bank guilty of embezzling billions of rubles. The convicts received prison sentences ranging from 4.5 to 10 years. Read more here.

2020: Ex-co-owner of Gorod Bank Vladimir Kvasnyuk was arrested in the case of embezzlement of 10.5 billion rubles.

On December 10, 2020, it became known about the arrest of the former co-owner of Gorod Bank Vladimir Kvasnyuk in the case of embezzlement of 10.5 billion rubles. The businessman was charged with embezzlement committed by an organized group on an especially large scale (part 4 of article 160 of the Criminal Code of the Russian Federation). Read more here.