Sala­manca man pleads guilty to bank fraud, money laun­der­ing

The Buffalo News - - LOCAL NEWS -

A Sala­manca man who op­er­ated phony debt re­struc­tur­ing busi­nesses that de­frauded about 20 area small busi­nesses of about $1.2 mil­lion pleaded guilty Mon­day to con­spir­acy to com­mit bank fraud and money laun­der­ing charges, be­fore U.S. Dis­trict Judge Lawrence J. Vi­lardo, ac­cord­ing to the U.S. At­tor­ney’s Of­fice.

Sergiy Bezrukov, 35, for­merly of Queens, faces a max­i­mum penalty of 35 years in prison when sen­tenced July 24.

Pros­e­cu­tors said Bezrukov and oth­ers sent so­lic­i­ta­tion let­ters un­der fic­ti­tious names, of­fer­ing small busi­nesses as­sis­tance with re­struc­tur­ing high in­ter­est loans. Af­ter the busi­ness own­ers agreed to hire Bezrukov’s phony com­pany, he and oth­ers would with­draw sums of money from the bank ac­counts of the busi­nesses, but never re­paid any loans on the busi­nesses’ be­half.

– Harold McNeil

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