Baku: An Azerbaijani businessman has been detained in Saint Petersburg, Russia, APA’s Russia bureau reports, citing RBK. It was reported that the Saint Petersburg police detained the CEO of a construction company from a neighboring country, suspected of large-scale fraud.

According to Azeri-Press News Agency, the press service of the Ministry of Internal Affairs for Saint Petersburg and the Leningrad region informed that the 32-year-old CEO of the construction company was suspected of executing a series of frauds amounting to over 46 million rubles. A criminal case has been opened under Article 159 (fraud) of the Criminal Code. The businessman allegedly attracted investments under false pretenses for the construction and leasing of residential buildings, obtaining money from three residents of Saint Petersburg. He was detained at his private house on Vologodskaya Street in Pargolovo.

According to the Ministry of Internal Affairs, during the search, authorities seized documents related to real estate, mobile phones, and money in both rubles and foreign currency. The 78.ru portal identified the detained individual as an Azerbaijani citizen. Security forces discovered 175,000 rubles and 500 dollars at his residence. As reported, the detained person leads ‘Amurov Group’ LLC, and the fraud case concerns two specific instances involving the defrauding of local Saint Petersburg businessmen for amounts of 9.6 million and 22 million rubles, respectively.