The Department of Justice (DOJ) filed a civil forfeiture complaint alleging that commercial property in Ohio was acquired by misappropriated funds from PrivatBank, a Ukrainian bank, as part of a loan scheme.
Three DOJ complaints filed in the U.S. District Court for the Southern District of Florida alleged that PrivatBank’s owners, Ihor Kolomoisky and Gennadiy Boholiubov, “embezzled and defrauded the bank of billions of dollars,” according to a news release from the agency on Wednesday.
