Daily Tribune

Archive

US investor ordered jailed in Russia

Daily Tribune · Feb 18, 2019, 8:00 AM

Founder of the Baring Vostok investment fund Michael Calvey (left) looks through a cage's class in the court room in Moscow, Russia, Saturday, 16 Feb.ruary 2019. A Moscow court has ordered Baring Vostok's founder Michael Calvey to be kept in custody until 13 April 2019. (AP Photo/Alexander Zemlianichenko)

MOSCOW — A Moscow court has ordered a U.S. investment fund manager to be jailed for two months while facing fraud charges.

Michael Calvey, founder and senior partner at Baring Vostok equity firm, was detained Friday morning along with two other fund managers.