Russian court frees U.S. investor Calvey from jail

U.S. investor and founder of the Baring Vostok private equity group Michael Calvey, who was detained on suspicion of fraud, leaves the court after his hearing in Moscow, Russia April 11, 2019. REUTERS/Maxim Shemetov

MOSCOW (Reuters) – A Russian court released U.S. investor Michael Calvey on Thursday after two months in jail and placed him under house arrest, softening his treatment in a fraud case that has rattled the business community. Calvey, founder of the Baring Vostok private equity group, was detained in February pending a trial on embezzlement […]

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