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  • DOJ alleges Ohio property was obtained with funds misappropriated from bank in Ukraine

    12/30/2020 7:04:41 PM PST · by CheshireTheCat · 9 replies
    Just the News ^ | December 30, 2020 | Alex Nitzberg
    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...