MOSCOW, October 15 (RAPSI) - The founder of well-known brands Dovgan and Smak Herman Lillevyali charged in Russia with large-scale fraud was using a new name passport in the U.S., lawyer Igor Zuber told RAPSI on Thursday.
Earlier, the businessman was arrested in the United States for breaching migration legislation.
Russian investigators found out that he passed by the name of Herman Heinmann, the lawyer for one of the Anchor Invest Company managers said.
In June, Moscow’s Khoroshevsky District Court issued an arrest warrant for Lillevyali in absentia. The businessman is to be placed in detention for 2 months after his extradition or arrest in Russia. Earlier, he was put on the international wanted list.
Russian police believe that Lillevyali created an analogue of the Ponzi scheme raising over 9 billion rubles ($116.5 million) allegedly for investments in major foreign companies. According to the investigation, the funds were stolen by the defendant and his alleged accomplices.
In 1995, the businessman founded Licomp Holding engaged in the development of such trademarks as Dovgan and Smak as well as in financial and banking business. In 2005, he established the Capital Financial Group investment company and personally headed it from 2005 to 2010. In 2013, he joined his assets within GL Financial Group specialized in market neutral strategies including statistical arbitrage.