(Cleveland) - The U.S. Department of Justice has filed papers to seize a downtown office building that they say is tied to money laundering from Ukraine.
55 Public Square, which was originally the Illuminating Company Building, was named in documents filed in court in Miami. Federal attorneys say the building was purchased using money that came from "embezzlement, misappropriation, and fraud."
The feds say this is part of their assault against Ukranian national Igor Kolomoisky, who is accused of laundering money through the purchase of real estate in the U.S, with money going through a series of companies.
Cleveland.com reports that 55 Public Square has been muddled in financial issues, and that its owner this month defaulted on a $14 million loan.
(Photo - 55 Public Square is on the left - by Ken Robinson, WTAM)
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