US fund Gramercy sues exiled tycoon Bakhmatyuk over alleged $1 billion fraud
U.S. investment fund Gramercy filed a complaint in a U.S. federal court on Dec. 7 against exiled Ukrainian billionaire Oleh Bakhmatyuk and U.S. businessman Nicholas Piazza for allegedly siphoning $1 billion out of Bakhmatyuk's UkrLandFarming, the largest egg producer in Ukraine. Gramercy, which is a major lender