PoliticsRolf car dealership founder Sergei Petrov sentenced to nine years in absentia over alleged 4-billion-ruble scheme
A Moscow district court sentenced Sergei Petrov, the founder of Rolf and a former State Duma deputy, to nine years in prison in absentia and fined him 800,000 rubles. Investigators allege that Petrov and three others used a sham share purchase to move 4 billion rubles abroad. Petrov denied taking money from Rolf and called the case part of a corporate raid.
Rolf car dealership founder Sergei Petrov sentenced to nine years in absentia over alleged 4-billion-ruble scheme