# Former head of Russia’s Deposit Insurance Agency sentenced to 4.5 years for 4 billion-ruble fraud

https://mins.news/en/item/108268

- Meduza, 2026-10-20 17:16 UTC
- Society
- Original: https://meduza.io/en/news/2026/10/20/andrei-melnikov-headed-russia-s-agency-tasked-with-protecting-bank-depositors-now-he-s-been-sentenced-to-4-5-years-in-prison-for-a-4-billion-ruble-fraud

> A Moscow court sentenced Andrei Melnikov, former head of Russia’s Deposit Insurance Agency, to 4.5 years in prison and fined him 900,000 rubles. It found that he stole 4 billion rubles through schemes involving the assets of Novosibirsk water park Aquamir. Melnikov pleaded guilty and was ordered to pay Aquamir’s former owners about 4.2 billion rubles.