Court upholds arrest of accused PPF $15m fraudster
The Moscow City Court has upheld the arrest of Yekaterina Alabuzhina, accused of defrauding Мartin Schaffer, a representative of the PPF Group, of $15m, the court's press office told the Russian Agency for Legal and Court Information.
"The court rejected an appeal filed by lawyers for the accused, who requested that their client not be remanded in custody," the court said.
PPF controls 38.5% of Ingosstrakh and has a joint venture
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