In Astrakhan, Russia, a 30-year-old local resident borrowed approximately 6 million rubles (around $75,000) from six acquaintances under the pretense of investing in a business. However, instead of using the funds for business development, he spent the money on unnamed gambling operators, as reported by the Ministry of Internal Affairs for the Astrakhan region.
According to the investigation, the man had proposed to his friends to invest in setting up coffee corners in shopping centers and other high-traffic locations. The case against him has been sent to court under parts 3 and 4 of Article 159 of the Criminal Code of the Russian Federation (fraud), and he faces up to 10 years in prison.