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Benzinga
Benzinga
Politics
Shivdeep Dhaliwal

Once Feted By Vladimir Putin, Top Russian Economist Now Faces Embezzlement Charges

Prominent Russian economist Vladimir Mau, who was given a state decoration by President Vladimir Putin five years ago, is reportedly facing fraud and embezzlement charges.

What Happened: Mau was placed under house arrest on Thursday, until Aug. 7, over suspected embezzlement of 21 million rubles ($400,000) from the Russian Presidential Academy of National Economy and Public Administration, where he is a rector, reported Reuters.

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