Police investigate case of firm director suspected of embezzling money from people

The Anticorruption Prosecutor’s Office is investigating the director of a firm that embezzled large amounts of money for a number of persons whom he told he is erecting an apartment building in Chisinau. The suspect is accused of swindles committed during 2005-2007, Info-Prim Neo reports. The Prosecutor’s Office sent to court a legal case containing 16 counts. A similar criminal case against the same person containing two counts was submitted to the court on March 26, 2008. According to the press service of the Prosecutor General’s Office, the given firm, without having an authorization, was collecting money from people, telling them it will be invested in the construction of a block of flats on Mircea cel Batran Blvd in Ciocana district. The investigated director issued checks for the collected money. Afterward, he tried to justify the delay in building the given block under different pretexts. Sixty-one people were swindled out of 13 million lei overall. If found guilty, the suspect could face 10 to 25 years in jail with the deprivation of the right to hold a certain post or carry out a certain activity for a period of two to five years.