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Home » Airlines » Aeroflot » Fraud, Aeroflot-Style
AeroflotLaw In Travel

Fraud, Aeroflot-Style

Matthew Klint Posted onOctober 3, 2019November 14, 2023 3 Comments

a plane flying in the sky

Aeroflot Russian Airlines’ Deputy CEO and three of his colleagues have been arrested for fraud and embezzlement. The details will leave you shaking your head.

Vladimir Alexandrov and three Aeroflot employees in the legal department have been charged with stealing 250 million Russian Rubles ($3.2MN). Earlier this week, the Federal Security Service (FSB, the successor to the KGB) raidede the offices of Alexandrov, seizing computers and files. Before Alexandrov could even be placed on administrative leave, he was arrested.

During 2016 and 2017, Alexandrov hired an external legal entity, Konsors Bar Association, to reform legal work on behalf of Aeroflot. Investigators believe that the Konsors Bar Association was simply used as a pass-thru entity to push money to the charged employees. All work was done in-house, making the 400EUR/hour billing a fraud. The association billed about 10 million Rubles per month over the two-year period.

The ironic part of this story is that before coming Deputy CEO and General Counsel, Alexandrov worked in the Russian Prosecutor General’s Office.

Aeroflot has refused to comment.

CONCLUSION

Fraud at Aeroflot is nothing new. And fraud is hardly unique to Aeroflot…rogue employees can be found at most airlines. And yet I continue to be amazed at how some can be so bold for so long. This alleged fraud scheme went on for two years! Are there no auditors or controllers at Aeroflot, or might the net of suspects soon widen?

> Read More: Ohio Woman Defrauds United of $400,000+

image: Aeroflot

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About Author

Matthew Klint

Matthew is an avid traveler who calls Los Angeles home. Each year he travels more than 200,000 miles by air and has visited more than 135 countries. Working both in the aviation industry and as a travel consultant, Matthew has been featured in major media outlets around the world and uses his Live and Let's Fly blog to share the latest news in the airline industry, commentary on frequent flyer programs, and detailed reports of his worldwide travel.

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3 Comments

  1. Billiken Reply
    October 3, 2019 at 1:27 pm

    He must’ve either spoken out against the gov.’t or otherwise angered someone in power.

    • notinred Reply
      October 4, 2019 at 8:55 pm

      I agree. As much as I know Russia it’s a serious possibility…

  2. Airfloat Reply
    October 4, 2019 at 12:15 am

    No, Billiken, he must’ve embezzled some $3 mil… And PWC, KPMG, or whoever provides assurance services to Aeroflot nowadays, have either turned a blind eye, or couldn’t tell their arse from their elbow.

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