Russian and British national guilty of elaborate $1 million fraud following private prosecution
Edmonds, Marshall, McMahon, 13 December 2017
On the 13th December 2017, Andrey Kulich was unanimously convicted in a private prosecution for his involvement in a $1 million conspiracy to defraud Argyn Khassenov, following a four-week trial at Birmingham Crown Court.
Andrey Kulich, a Russian and British national, of Newham Bridge, Worcestershire, was sentenced to a total of 5 years imprisonment and confiscation proceedings will follow.
Commenting on the case, Tamlyn Edmonds, Partner at Edmonds Marshall McMahon who was instructed by the victim of the fraud, Argyn Khassenov, said:
“Mr Khassenov came to Edmonds Marshall McMahon due to our expertise in conducting private prosecutions. This was an elaborate, large-scale cross-jurisdictional fraud, in which obtaining material from other jurisdictions was key in securing the evidence that demonstrated Mr Kulich was at the centre of it. This has been a considerable, challenging and time-consuming task. It has been an incredibly difficult journey for Mr Khassenov, who has spent close to a decade and a significant amount of his own money in trying to get the justice he deserves, whilst being taunted by the man who stole it and who believed he was untouchable. We will be working with Mr Khassenov to pursue confiscation and compensation against Mr Kulich to recoup the money that was taken from him.”
