A Russian investigation firm is offering Londoners a bounty in exchange for information on an alleged fugitive and fraudster suspected of being connected to one of Russia’s biggest bank collapses.

A1, an asset recovery firm acting on behalf of Russian financial authorities, is offering cash rewards for information on the whereabouts and wealth of Georgy Bedzhamov, a former head of the Russian bobsleigh federation who is wanted in Moscow for his alleged role in the dramatic collapse of Vneshprombank.

It has paid for advertisements featuring Mr Bedzhanov’s face offering a “reward for information” in London media outlets and on billboards outside Harrods.

It has also hired a mobile billboard to drive around Knightsbridge, where it says Mr Bedzhamov is currently thought to live.

Andrei Elinson, Managing Partner of A1, said: “After a successful campaign conducted in Moscow’s international airports earlier this year, A1 is expanding this approach to target regions abroad where alleged fraudsters and their accomplices reside. London is no longer a safe haven for individuals seeking to hide stolen assets.”