Moscow court orders US investor of Baring Vostok to be held in custody over $37mn fraud allegations
April 4, 2019 | News | No Comments
The founder and senior partner of Baring Vostok private equity fund, Michael Calvey, will be detained in Moscow for two months after his bail got rejected. The US citizen is accused of a large-scale fraud involving a Russian bank. The investor was put in pre-trial custody by a Moscow court on Saturday. The court rejected […]