Kazakhstan Today state media translated · ru

Kazakh Businessman Sentenced to 10 Years for $2.2 Million Fraud

A businessman in Uralsk has been sentenced to 10 years in prison for defrauding $2.2 million. The court found him guilty of large-scale fraud. He created a company, KSS, and devised a scheme to transfer funds to his US-based company by falsely claiming the need to purchase equipment. The court also considered a previous sentence.

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Headline and summary written by daryo. The full report belongs to Kazakhstan Today.