The court sentenced the founder of ChronoPay Vrublevsky to 10 years in a penal colony

The Khamovnichesky Court of Moscow found Pavel Vrublevsky, the founder of ChronoPay, guilty and sentenced him to 10 years in prison, accused of fraud. This was reported on October 27 by a correspondent of Izvestia from the courtroom.

In addition to imprisonment, the court also imposed a fine of 1.5 million rubles on the entrepreneur.

Earlier, during the debate between the parties, the state prosecution requested 12 years in prison for Vrublevsky. The man is also accused of theft, money laundering and illegal circulation of funds of payments.

Vrublevsky was detained on March 10, 2022. The businessman, along with ChronoPay employees, posted false information online, offering financial rewards for participating in surveys and for successfully forecasting the exchange rate and stocks. In addition, he encouraged Internet users to participate in trading on the stock exchange and other similar operations, promising people earnings. As a result of the searches in the ChronoPay case, about $350,000 and 100 units of servers and computer equipment were seized.

On March 12 of the same year, the Moscow Meshchansky court arrested Vrublevsky and three more of his accomplices. They were charged with especially large-scale fraud and theft under Part 4 of Article 159, paragraph "a" of Part 4 of Article 158 of the Criminal Code of the Russian Federation.

Later, on July 24, 2024, the court arrested Pavel Vrublevsky's son Peter in absentia on charges of intentionally destroying other people's property (Part 2 of Article 167 of the Criminal Code of the Russian Federation).

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