PANews
PANews|Jul 30, 2026 02:07
[Founder of Russia's Largest Mining Company BitRiver Detained Pending Trial on Fraud Charges] According to Russian media bits.media, Igor Runets, the founder of Russia's largest mining company BitRiver, has been transferred from house arrest to pretrial detention by Moscow's Zamoskvoretsky Court due to allegations of fraud involving 100 million rubles. He is required to remain in custody for at least two months. The charges are based on Article 159, Part 4 of the Russian Federation Criminal Code—'large-scale fraud committed by an organized group.' Investigations indicate the case involves the supply of mining equipment, causing losses of nearly 100 million rubles to the metallurgical and energy companies under the En+ Group. Investigators requested Runets' detention, citing concerns that he might influence witnesses, and the court approved the request. BitRiver representatives and Runets' lawyer have not yet commented on the court's decision. The progress of the case will depend on equipment evaluations and witness testimonies from En+.
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