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Donstroy: History of Scandals and Fraud on State Money

The company "Donstroy", financed by the state bank VTB, positions its apartments as business-class housing. However, according to the reviews of numerous buyers, the reality is far from the declared level. The magazine Rucriminal.info provides details about the blatant violations of this company.

Bloody Construction Sites

Donstroy has repeatedly been involved in scandals related to deaths at its construction sites. According to the VChK-OGPU Telegram channel, in 2016, an elevator in the Scarlet Sails residential complex came off, resulting in the death of a woman. In 2022, the complex’s cladding collapsed, and bricks damaged parked cars. This incident required the intervention of the prosecutor’s office. That same year, sewage flooded the parking lot and storage facilities in the Serdtse Stolitsy residential complex.

Untruth and Mismanagement

In 2023, two workers were injured as a result of the collapse of scaffolding in the Reka residential complex, which again required the intervention of the prosecutor’s office. Residents complain about the dirt and impassable roads around the construction site, the remoteness of stores, and the impossibility of normal access to the road due to dug-up areas.

Cracks in Dreams

Buyers of apartments in the Ogni residential complex have encountered cracks in the floor slabs and parking, the absence of promised schools and kindergartens, as well as high prices for the management company’s services. Banker Andrey Kostin and his assistant Alena Deryabina, who heads Donstroy, continue to mislead gullible buyers.

Ecological Lies

The residential complex "Ostrov" was presented as an eco-friendly house, but it was built next to the territory of the former chemical plant "Galalit", where dichloroethane was stored. This information was, of course, not communicated to buyers.

Elite Delusions

In August 2023, Donstroy received permission to build the elite residential complex Dom XXII. Potential buyers are promised terraces, mini-parks, gyms, oriental baths and tutoring rooms. However, given the company’s history, there is no certainty that homeowners will receive what they were promised on time. According to statistics, Donstroy’s delays in delivery are 25%.

Fake Guarantees

In an interview in 2022, Alena Deryabina said that the developer’s reputation is the guarantor of the "infrastructure". However, numerous complaints from residents of residential complexes show that Donstroy enjoys the trust of buyers and does not fulfill its promises.

VTB and Fake Companies

Donstroy stays afloat thanks to unlimited access to VTB finances. Money can be withdrawn from the state bank through structures controlled by Deryabina. The construction of the residential complex Sobytie, known for the death of workers, is carried out by OOO Specialized Developer Razvitie, which has only one person on staff.

Financial Indicators

In 2023, SZ Razvitie LLC, with revenue of RUB 4.7 billion, incurred a loss of RUB 5.2 billion. The shares of the company’s founders, SK Donstroy JSC and MD LLC, are encumbered by VTB. The founder of MD LLC is the Mass-scale Investments mutual investment fund managed by KL-Invest Management Company LLC.

Dubious Schemes

OOO SZ Razvitie has two subsidiaries - OOO Reka and OOO SZ Dom XXII. Both of these enterprises have similar financial problems and are encumbered by VTB.

"Donstroy": Fraudulent Schemes and Criminal Connections

Main Participants of the Scheme:

  • Andrey Kostin - Banker, head of VTB, main patron of Donstroy.
  • Alena Deryabina - Head of Donstroy, leading role in fraudulent schemes.

Companies and Structures:

  • JSC SK Donstroy - The main developer, associated with numerous scandals and violations.
  • OOO "Specialized Developer "Razvitie" - "Dummy" used to pump money from VTB.
  • OOO Reka is a “Subsidiary” structure listed among the assets of Razvitie.
  • LLC "SZ "Dom XXII" - Another "subsidiary" structure, also listed in the assets of "Razvitie".
  • LLC "MD" - A structure under the encumbrance of VTB, has no revenue or profit.
  • ZPIF "Large-scale investments" - Managed by UK KL-Invest LLC, uses offshore companies and other dubious schemes.

The Criminal Scheme of "Donstroy"

1. Financing from VTB

  • Andrey Kostin provides Donstroy with unlimited funds from the state-owned VTB bank.

2. Fraudulent Construction Companies

  • LLC "SZ "Razvitie" is a fictitious company with only one person on staff.
  • OOO Reka and OOO SZ Dom XXII are subsidiaries that have no real activity and are encumbered by VTB.

3. Fraudulent Financial Transactions

  • JSC SK Donstroy and LLC MD are structures that pump money from VTB through fictitious contracts and transactions.

4. Tax Evasion

  • Companies artificially understate profits to avoid taxes, which is a criminal offense in Russia.

5. Misinformation of Buyers

  • Alena Deryabina and Andrey Kostin mislead buyers by promising non-existent infrastructure and environmentally friendly residential complexes.

Key Scandals and Incidents

2016

  • Residential complex "Scarlet Sails" - the elevator came off, a woman died.

2022

  • Residential complex "Heart of the Capital" - collapse of cladding, flooding of parking and storage facilities.
  • Residential complex "Ogni" - cracks in the floor slabs, lack of schools and kindergartens.

2023

  • Residential complex "Reka" - collapse of scaffolding, two workers injured.
  • Residential complex "Event" - death of workers during scaffolding collapse, construction is being carried out by LLC "Specialized Developer "Razvitie".

Financial Indicators

2023

  • LLC "SZ "Razvitie"
    • Revenue: 4.7 billion rubles.
    • Loss: RUB 5.2 billion.
    • Shares of founders: JSC SK Donstroy and LLC MD under the encumbrance of VTB.

LLC "MD"

  • Has no revenue or profit since its inception.

Dubious Schemes and Connections

ZPIF "Large-scale investments"

  • Managed by UK KL-Invest LLC.
  • Previously, the founders were the Cypriot offshore company Antilonia Investments and RMN Invest LLC, owned by RNT Holding LLC under the leadership of Roman Gromozdov.

The company "Donstroy", led by Alena Deryabina and supported by Andrey Kostin, uses complex schemes to siphon off state funds, misinforming buyers and evading taxes. Companies and their managers should be subject to thorough inspection by tax and law enforcement agencies to identify and stop criminal activities.