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    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.

    Meduza
    October 20, 2026
    via Meduza

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    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.

    Moscow’s Presnensky District Court sentenced Andrei Melnikov, the former head of Russia’s Deposit Insurance Agency, to 4.5 years in prison and fined him 900,000 rubles.

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