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How Ukrainian Oligarchs Secretly Became the Largest Real Estate Owners in Downtown Cleveland
SCENE ^ | Jun 11, 2019 | Sam Allard

Posted on 12/24/2019 4:05:36 AM PST by Pontiac

In an explosive legal complaint filed last month in Delaware, attorneys for a major Ukrainian bank alleged that two oligarchs who founded the bank and controlled it from 2006 to 2016 laundered hundreds of millions of dollars in fraudulent corporate loans to purchase assets in the United States and unjustly enrich themselves and their associates.

Dubbed the "Optima Schemes" in the 104-page document, these "brazen fraudulent schemes" were successful, among other things, in making the oligarchs and their co-defendants the largest commercial real estate holders in Cleveland. With money siphoned from public bonds and 20 million private Ukrainian citizens who'd opened accounts with PrivatBank, the oligarchs Igor Kolomoisky and Gennadiy Bogolyubov doled out corporate loans to shell companies that they controlled. They used PrivatBank "as their own personal piggy bank," in the words of the complaint.

Those loans were then laundered in multiple digital transactions, sent through dozens of other shell companies that had been created exclusively for the purpose of laundering. These accounts were managed by co-conspirators at PrivatBank's branch in Cyprus.

The true origin of the money thus concealed, funds were then shipped to LLCs in Delaware (hence the legal filing there). Those LLCs — "One Cleveland Center, LLC," to take just one example — were used to acquire properties and metalworking facilities in the U.S. Kolomoisky and Bogolyubov are mineral magnates and own mining factories and metalworking plants in Ukraine.

(Excerpt) Read more at clevescene.com ...


TOPICS: Business/Economy; Conspiracy; Local News
KEYWORDS: banking; burisma; christinelagarde; cleveland; clinton; clintondonors; clintonfoundation; clintontimeline; cyprus; delaware; gennadiybogolyubov; hillaryclinton; igorkolomoisky; imf; kolomoisky; minerals; mining; ohio; optimaschemes; privatbank; publicbonds; realestate; timeline; ukraine; victorianuland
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This is an old story, but I didn’t find it in several searches I did.

One of the Ukrainians involved was a big Clinton Foundation contributor. It’s just a coincidence. Nothing happening here. Move along citizen.

April 30, 2014 – March 15, 2016: The Kolomoisky pyramid starts with Hillary Clinton and Victoria Nuland at the State Department and Christine Lagarde of the IMF. IMF.

1 posted on 12/24/2019 4:05:36 AM PST by Pontiac
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To: Pontiac

thank you for posting this. I knew nothing about it.

FReegards, ‘Pod


2 posted on 12/24/2019 4:18:37 AM PST by sauropod (Hold onto that impeachment for a while. It'll get better with age, just like Jennifer Rubin has.)
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To: Pontiac

Amazing that all those supposed experts on the Mueller team didn’t notice any of this despite supposedly having money laundering experts on board. They must have tossed aside mountains of evidence trying to find anything on the Trump campaign.


3 posted on 12/24/2019 4:19:17 AM PST by McGavin999 (“Look into it” does not mean dig up dirt, it means find the truth)
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To: Pontiac

bookmark for later


4 posted on 12/24/2019 4:21:50 AM PST by gattaca ("Government's first duty is to protect the people, not run their lives." Ronald Reagan)
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To: Lowell1775

Ohio Ping


5 posted on 12/24/2019 4:26:26 AM PST by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit)
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To: Pontiac

This whole video is informative but here’s a little more on Igor Kolomoisky (and Burisma) Go to 13:52, Kolomoisky keeps popping up for several more minutes.

https://www.youtube.com/watch?v=jxrR6dmzpCI&feature=youtu.be


6 posted on 12/24/2019 4:28:55 AM PST by Roccus (When you talk to a politician...ANY politician...always say, "Remember Ceausescu")
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To: sauropod

I for a long time said that Biden boy is just a top of the iceberg.


7 posted on 12/24/2019 4:30:23 AM PST by NorseViking
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To: rodguy911

PING

Here’s that Kolomoisky character again


8 posted on 12/24/2019 4:31:32 AM PST by Roccus (When you talk to a politician...ANY politician...always say, "Remember Ceausescu")
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To: Roccus

For now I think Kolomoisky is the least bad guy over there and the only one with any coherent agenda.


9 posted on 12/24/2019 4:34:51 AM PST by NorseViking
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To: McGavin999
They must have tossed aside mountains of evidence trying to find anything on the Trump campaign.

What else would you do with evidence of the largest fraudulent charity in the world?

10 posted on 12/24/2019 4:36:24 AM PST by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit)
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To: McGavin999

“Amazing that all those supposed experts on the Mueller team didn’t notice any of this despite supposedly having money laundering experts on board”

Probably because they know there are a lot of democrat names scattered in that big pile of horse manure.


11 posted on 12/24/2019 4:42:23 AM PST by Bonemaker (invictus maneo)
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To: Pontiac

They should have bought the Browns.


12 posted on 12/24/2019 4:45:15 AM PST by Palio di Siena
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To: Pontiac

I wish they would use the term Ukraine Businessmen instead of Oligarch. It gives a false impression.


13 posted on 12/24/2019 5:00:45 AM PST by Sacajaweau
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To: Pontiac

Wonder if John Kasich got in on any of this...


14 posted on 12/24/2019 5:03:27 AM PST by mewzilla (Break out the mustard seeds.)
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To: Palio di Siena
They should have bought the Browns.

Nah, they were buying up distressed property.

Oh, I see what you’re doing here!

Funny guy, huh!

15 posted on 12/24/2019 5:05:40 AM PST by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit)
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To: mewzilla
Wonder if John Kasich got in on any of this...

I doubt it.

These criminals know smart guys when they see them.

Or don’t.

16 posted on 12/24/2019 5:08:01 AM PST by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit)
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To: NorseViking

I for a long time said that Biden boy is just a top of the iceberg.

The funny thing is, the Baby Barisma paternity suite may result in exposing the entire rotten empire of bribery.


17 posted on 12/24/2019 5:37:25 AM PST by Flick Lives (MSM, the Enemy of the People since 1898)
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To: NorseViking

By no means am I familiar with much going on in Ukraine. But I keep seeing this guy’s name popping up and he doesn’t seem to be very nice.


18 posted on 12/24/2019 5:37:56 AM PST by Roccus (When you talk to a politician...ANY politician...always say, "Remember Ceausescu")
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To: Bonemaker
Notice what?😲😁
19 posted on 12/24/2019 7:18:42 AM PST by rktman ( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: NorseViking

Yes, every time you turn around there’s another congresscritter’s family member involved with Ukraine. Snort, and that is exactly why they need Trump out.


20 posted on 12/24/2019 7:47:43 AM PST by bgill
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