Russian detained in Poland on fraud charges
In 2004, Petrov illegally acquired $8 million in shares of UralinvestEnergo, a Urals-based industrial group, and its South Urals insulator plant, Ria Novosti reports.
Petrov is also suspected of misappropriating property from the Uraleletrosetstroy company during the period of 2004 to 2006. Damages caused by the misappropriation are worth approximately $4 million.
The criminal case against Petrov was initially opened in April 2005 and includes charges of grand fraud, laundering and embezzlement.
Interior Ministry officials are currently preparing an extradition request to bring Petrov back from Poland, where he may face up to 10 years in prison if convicted, according to Ria Novosti.
Ukrainian authorities detained Petrov in 2008, but his refugee status in the country prevented Russian authorities' extradition request at that time.
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