Leaders of drone manufacturer linked to Minpromtorg fund arrested for fraud
The Kuzminsky District Court in Moscow has arrested the current and former CEOs of the drone manufacturer 'Drone Solutions' for fraud. They face charges under Article 159 of the Criminal Code for major fraud, which could lead to up to ten years in prison.
Location: Moscow
Claims & verification status
The Kuzminsky District Court in Moscow has arrested the current and former CEOs of 'Drone Solutions' for fraud.
The current and former CEOs of 'Drone Solutions', Vacheslav Barbasov and Irakli Khazaliia, face charges under Article 159 of the Criminal Code for major fraud.
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Impact analysis
Who claims what
- —The Kuzminsky District Court in Moscow has arrested the current and former CEOs of 'Drone Solutions' for fraud. (per Kuzminsky District Court)
- —The current and former CEOs of 'Drone Solutions', Vacheslav Barbasov and Irakli Khazaliia, face charges under Article 159 of the Criminal Code for major fraud. (per Kuzminsky District Court)
Our assessment
If these reported arrests and charges against the leadership of 'Drone Solutions' are accurate, there may be short-term disruptions in the company's operations and potential…