Kulagin Stanislav Mikhailovich

Biography

2024: Sentence - prison term in the case of 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.

According to the state corporation Deposit Insurance Agency (DIA), the beneficiary of Bank Gorod and Taurus Bank Vladimir Yushvaev (Kvasnyuk), the beneficiary of Taurus Bank and the chairman of the board of Bank Gorod Stanislav Kulagin, acting chairman of the board of Bank Gorod Vladimir Generalov and an employee of the credit institution Yevgeny Smirnov became participants in the process. According to investigators, thefts in banks were committed by concluding fictitious sales and purchase agreements, as well as cession agreements. According to the case file, the organizers of the fraudulent schemes were Kvasnyuk and Kulagin.

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Freepik

The amount of damage caused to Bank Gorod exceeded 10 billion rubles, Taurus Bank - 234 million rubles. In 2015, the Bank of Russia revoked banking licenses from these credit institutions. The prosecutor demanded that the ex-bankers be found guilty of four episodes of particularly large embezzlement (part 4 of article 160 of the Criminal Code of the Russian Federation) and that Kvasnyuk and Kulagin be appointed 14 years in a general regime colony for everyone, and their accomplices Generalov and Smirnov - 9.5 years. However, the sentence turned out to be milder.

Kulagin and Kvasnyuk received 10 years in prison, of which almost half had served at the time the decision was announced. The court determined the general and Smirnov for 4.5 years in prison, and they have already served these terms in jail and under house arrest. In addition, the court ordered all convicts to pay 3.972 billion rubles in joint liability at the suit of the DIA. None of the defendants, as noted by the Kommersant newspaper, pleaded not guilty.^[1]

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