In Ulan-Ude, a man was sentenced to forced labor for fraud in obtaining a loan

The prosecutor’s office of the Soviet district of Ulan-Ude supported the state prosecution in a criminal case against a local resident. The court found him guilty of credit fraud.

The court found that in September 2025, the man issued a bank loan, indicating false information about his place of work and income. At the same time, as the court found, initially he did not plan to fulfill financial obligations.

In court, the convict explained: I understood that the loan would not approve me, because I am unemployed. He cashed the money and spent it on his own needs.”.

As a result of his actions, the bank suffered damage in the amount of 266 thousand rubles. The court, taking into account the position of the state prosecutor, appointed the man eight months of forced labor. The sentence has entered into force.