A businessman earned 108.9 million rubles by selling construction materials in Kabardino-Balkaria in 2012-2013, RIA Novosti reports.
The businessman was using names of inexistent entrepreneurs to make deals. Purchasers would allocate money to deposits of the fake individuals. The businessman would then cash the sums.
He has been charged with illegal business and may face up to 5 years in prison. The police are checking the bank the businessman used for his operation and its staff.
