Kyiv Shevchenkivskyi district court has arrested Oleksandr Volkonskyi suspected of Elita Center company for two months.
Press service of the Internal Affairs Ministry told this to the Ukrainian News agency.
The court ruled this on October 11.
According to the report, Volkonskyi will be detained at Kyiv pretrial detention center.
As Ukrainian News earlier reported, the Internal Affairs Ministry expects Volkonskyi to provide information about possible involvement of Ukrainian officials and politicians in the fraud.
Switzerland extradited Volkonskyi to Ukraine on October 9.
The committee of investors in the Elite Center construction investment group said in early February 2006 that the company's executives had stolen over USD 100 million that the investors invested in a project under which the company was supposed to construct residential buildings in Kyiv.
Police estimate the number of the victims of the fraud at about 1,500.
