Ex-banking magnate Sergey Pugachev was convicted in absentia for embezzlement and abuse of authority A Moscow court has sentenced former banking magnate Sergey Pugachev to 14 years in a penal colony on charges of embezzlement. Pugachev has been living in France for the past several years and was convicted in absentia.    The Tverskoy Court in the Russian capital issued the verdict on Tuesday, also ordering Pugachev to pay an 800,000 ruble ($9,900) fine.   Pugachev cofounded Mezhprombank in the