Free Republic

The U.S. Justice Department has filed a civil forfeiture complaint claiming that a piece of commercial property in Ohio was obtained with funding misappropriated from PrivatBank. Two civil forfeiture complaints were lodged earlier this year regarding properties located in Texas and Kentucky which are also alleged to have been secured with funds misappropriated from the bank in Ukraine, according to a DOJ press release. "The three complaints allege that Ihor Kolomoisky and Gennadiy Boholiubov, who owned PrivatBank, one of the largest banks in Ukraine, embezzled and defrauded the bank of billions of dollars," according to the DOJ. "The two obtained...

FBI and IRS agents Tuesday seized boxloads of evidence that could determine whether the Ukrainian oligarch, Igor Kolomoisky, laundered millions of dollars through Cleveland real estate. A long-running investigation into Kolomoisky went public for the first time when agents searched the offices of Optima Management Group in One Cleveland Center at East 9th Street and St. Clair Avenue. Agents in Miami also searched a business there involving the company. Authorities in Cleveland told The Plain Dealer and Cleveland.com last year that authorities have been involved in a wide-ranging investigation involving Kolomoisky, whom one analyst called one of Ukraine’s most controversial...

FBI raids offices at downtown One Cleveland Center building tied to Ukrainian oligarchCLEVELAND, Ohio — The FBI on Tuesday raided the Cleveland offices of a company with ties to a Ukrainian oligarch that owns several downtown buildings. FBI spokeswoman Vicki Anderson said agents searched the offices of Optima Management Group in One Cleveland Center at East 9th Street and St. Clair Avenue. A spokesman for the IRS also said his agency’s investigators were present....Anderson said agents also executed search warrants at an office in Miami.Federal authorities in Cleveland have been conducting a wide-ranging probe involving Ukrainian oligarch Igor Kolomoisky that...