The court commuted the sentence of American investor Michael Calvey for embezzlement. The investigation took the view that Calvey organized a scheme as a result of which a loan of 2.5 billion rubles received by the First Collection Bureau company from Vostochny Bank in 2015 was offset by the assignment of shares.
The IC believes that the shares were valued at the amount of the debt, with their real value being 600 thousand rubles. In June 2023, the Moscow City Court Commuted the suspended sentence of investor Calvi from 5.5 to 4.5 years.