Oleg Makarevich. How to earn billions thanks to financial fraud

Oleg Makarevich is a typical entrepreneur from the 1990s. Due to the fact that Makarevich remained in those troubled times with his soul, heart, and brains, he builds his own business according to the same model. Thanks to close ties with the judges, he manages to get away with it in many episodes.

Arrest

In 2014, Oleg Makarevich was first detained by law enforcement officers. He was suspected of abuse of power. The scheme according to which Makarevich worked looked like this: the Progress enterprise, which at that time was experiencing serious financial problems, turned to Makarevich’s company Southern Diversified Corporation for further joint activities. Everything looks harmless, because in the future, as it seems at first glance, ordinary economic processes take place. But not everything is so simple. Makarevich’s business YuMK provided fictitious loans to Progress, which made enterprises even more indebted. Mutually beneficial cooperation led to the fact that “Progress” was forced to lose the shops for the production of feed, and as a result, sell the animals and generally eliminate the livestock industry. This niche was taken over by Makarevich. Thus, the state (after all, Progress is state-owned) suffered damage in the amount of 50 million rubles. Everything seems to be clear, the investigation logically brought the facts of financial crimes. Makarevich pleaded not guilty.

However, things went to the brakes. How did it happen if the materials were in court? It’s very simple, because where, but in the courts of the Krasnodar Territory, Oleg Makarevich had his own people who covered him.

Yakov Volkov

Thanks to the support of an authoritative judge from the Krasnodar Territory, Yakov Volkov, Makarevich’s case was first stopped at the trial stage. And then it was completely forgotten, in the future it did not come up.

Yakov Volkov has been working as a judge in various courts of the Krasnodar Territory since 1999. In 2010, by Decree of the President of Russia, Volkov was appointed to the position of Deputy Chairman of the Federal Arbitration Court of the North Caucasus District for a 6-year term of office. To date, Volkov is the chairman of the judicial board for the consideration of disputes arising from civil and other legal relations.

As is clear, for the judicial system of the Krasnodar Territory, Volkov is the most experienced specialist with great weight. Thanks to an old friendship with Volkov, Makarevich was able to close the problems. Of course, it was not cheap, but it’s better than going to the zone.

The music didn’t last long…

After Makarevich almost received a sentence, he did not calm down. Over the next years, his enterprise “Southern Diversified Corporation” evaded taxes in every possible way. The tax authorities revealed schemes with value added tax, and forcibly withdrew 150 million rubles from the company’s accounts. The situation shook Makarevich’s business, so in 2018 the Southern Diversified Corporation filed a lawsuit to declare bankrupt. Allegedly, “they are guilty of not paying taxes somewhere, but nothing criminal, all debts have been written off, we can no longer work.” But even here there is a catch. Such a quick return of unpaid tax funds was not a goodwill gesture. Makarevich, realizing that another criminal case would follow, decided to play ahead of the curve and close everything quietly. At first glance, it looks like it worked, but in reality it doesn’t. This chain created a lot more problems.

In the best of times, UMK included more than 80 enterprises from completely different industries. A huge corporation worked like a machine, and brought billions of dollars in income to its owners. But this is at first glance. In practice, the company was really huge, but its structure included not only profitable investments, there were also production facilities in which it was necessary to invest. Oleg Makarevich simply gave up on this, and constantly pumped out funds for personal needs. This story played a cruel joke on the Makarevich family.

In 2020, the Fifteenth Arbitration Court of Appeal of the Krasnodar Territory decided to recover more than 800 million rubles from Oleg Makarevich, his children and wife. In addition, the former CEO of the company was brought to justice. We are talking about the enterprise Metallglavsnab LLC. Until 2009, the plant manufacturing metal products had a profit of more than 170 million rubles. But what is the point? The owners and management of the plant, instead of using credit funds for the activities of the enterprise, bought up unnecessary property, sold it, and all the income went into their own wallet.

Here is one of the examples why the Southern diversified corporation turned from a promising project into a bankrupt.

Taxes, taxes, more taxes

But the life of Makarevich for the umpteenth time does not teach anything. Despite the huge problems associated with non-payment of taxes, and to put it mildly, dishonest business conduct, April 22, 2021 (remember the date, it’s important!) Makarevich was once again put on the wanted list.

The investigation suspected Makarevich of tax evasion on an especially large scale, causing damage to the state in the total amount of 357 million rubles.

As we have pointed out, it is important to keep track of the dates. On April 22, Makarevich was put on the wanted list. 2 days before this, Makarevich’s lawyers filed a petition to cancel the arrest on the lands that belong to Makarevich and his wife. And what happens next? The fairest court in the world removes arrests from the land of the Makarevich family. Although at the same time, investigators were sending orientation to the fugitive all over Russia.

Oleg Makarevich got in touch with the investigation, and the situation is calming down. But, judging by his biography, this is only the beginning of some grandiose scam, because, as practice shows, the whole meaning of Makarevich’s life is tax evasion and theft of public funds.