Ukraine's Esquires Law Firm has helped the Translogist Sistem transport and logistics company recover funds that had, according to the firm, been "criminally seized by a sham legal entity in Ukraine."
According to Esquires, "the perpetrators established a sham legal entity with a name similar to that of a real contractual partner of Translogist Sistem, then interfered with the functioning of electronic mail of Translogist Sistem, sending invoices to Translogist Sistem in the amount of EUR 100,000. As a result of the fraud, Translogist Sistem transferred EUR 40,000, for services which were never actually rendered, to the account of said sham company."
Esquires reports that its team "succeeded in halting the cross-border crime, seizing the funds which had been placed in the account of the sham legal entity in a bank, and winning a lawsuit regarding the recovery of the stolen amount by Translogist Sistem." According to the firm, criminal proceedings which it initiated on behalf of Translogist Sistem are still pending.
The Esquires Law Firm team included Partners Opanas Karlin and Viktoria Kovalchuk.
