Head of Odesa company to stand trial for UAH 5 million fraud

The Odesa Regional Prosecutor's Office has sent to court an indictment against the director of a private enterprise suspected of fraud on a large scale (Part 5 of Article 190 of the Criminal Code of Ukraine).

This was reported by the press service of the prosecutor's office.

According to the investigation, the man, while holding the position of executive director of a company providing logistics services in the field of agricultural transshipment, entered into an agreement with a foreign company for the supply of 6 thousand tons of soybeans.

However, instead of fulfilling his obligations, from January to February 2025, he organized the illegal export of some of the products from the warehouses and misappropriated them.

To conceal the theft, the suspect added more than 300 tons of sand to the remains, which resembled soybeans in appearance. As a result of these actions, the customers suffered more than UAH 5 million in losses.

The pre-trial investigation was carried out by investigators of the Odesa Region Department of the National Police. As a reminder, according to Art. 62 of the Constitution of Ukraine, a person is presumed innocent and cannot be criminally punished until his or her guilt is proven in court.

Earlier, entrepreneurs stole $20 million for transshipment of grain through the port of Odesa. The criminal group, which included beneficial owners of non-resident companies and the CEO of a Ukrainian company that controlled the activities of grain transshipment companies in the Odesa seaport, entered into a number of loan agreements with a foreign investor secured by grain and defrauded him. In fact, according to the police, there was no such grain, but to mislead representatives of the American company, the offenders entered false information in official documents about its presence, thereby increasing the credit limit.

And in July, a court in Odesa fined an entrepreneur who created a fictitious company UAH 136,000. The woman registered a company specializing in the wholesale trade of grain, seeds and animal feed, and it turned out that the company's details were used to minimize the tax burden.

Катерина Глушко