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No bail for man accused in Russian technology sale

Associated Press Modified: October 11, 2012 at 5:31 pm •  Published: October 11, 2012

Reed has said he plans to review the charges against his client with a critical eye. The Russian Foreign Ministry has noted the defendants are not charged with espionage.

Fishenko allegedly coached the companies in Russia that were working with his firm to remove all references to a known supplier to the Russian military.

According to court documents, Fishenko was born in the former Soviet Republic of Kazakhstan and graduated from a technical institute in St. Petersburg before coming to America in 1994. In his initial asylum application, Fishenko stated he had no prior military experience, but elsewhere he claimed to have served in a Soviet military intelligence unit in Berlin in the 1980s, according to court records.

Fishenko filed paperwork with the Texas Secretary of State to form a for-profit corporation in 2001. His company proved to be successful, earning him about $50 million in gross revenue since 2002.