A pair of federal court filings illustrate a complex, cross-border scheme that two Ukrainian oligarchs allegedly orchestrated to funnel hundreds of millions of dollars they allegedly embezzled from a lender they once owned into the United States. Prosecutors in Florida moved Thursday to forfeit a pair of large commercial properties in Texas and Kentucky from firms controlled by Ihor Kolomoisky and Gennadiy Boholiubov, former owners of the Kiev-based lender, Privatbank, which Ukrainian officials nationalized in December 2016 to help shore up their country's deeply corrupt and failing banking system. Kolomoisky and Boholiubov bought the 19.5-acre office park in Dallas and...
The U.S. Justice Department filed two civil forfeiture complaints seeking the recovery of commercial real estate from two Ukrainian owners of PrivatBank in connection with alleged violations of federal money laundering statutes.
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