The FBI is investigating Ihor Kolomoisky, a Ukrainian oligarch who has sparred with the country’s current president, according to three people briefed on the probe, The Daily Beast reports.
The investigators are scrutinizing potential financial crimes, including money laundering, according to the sources, who said the probe is wide-ranging and has been under way for quite some time. Kolomoisky has not been charged with any crime, and a lawyer representing him said he denies any wrongdoing.
“Mr. Kolomoisky categorically denies that he has laundered any funds into the United States, period,” said Mike Sullivan, an attorney with the Ashcroft Law Firm who represents Kolomoisky. “He’s a businessperson. His bank was seized by the government, claiming the bank was on the verge of collapse. That information turned out to be false.”
The U.S. Attorney’s Office in the Northern District of Ohio is involved in the probe, as Kolomoisky has investments there, according to the Kyiv Post.
The oligarch, whose net worth Forbes places at $1.2 billion, lives in Tel Aviv, according to the FT. Law enforcement experts say his residency there could complicate any potential extradition attempt by the United States.