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Russian billionaire Oleg Tinkov trapped after jetset lifestyle hits turbulence

  • August 15, 2020

The flamboyant Russian banking billionaire Oleg Tinkov loved to crisscross the world in his private jets. In late February he and his family flew from Farnborough in Hampshire to Berlin to celebrate the birthday of his youngest child, a pupil at an English private school.

Days after that party, the globetrotting stopped when Mr Tinkov, 52, was arrested in London on an extradition warrant accusing him of a multimillion-dollar tax fraud in the US.

Mr Tinkov, who is also owner of the expedition superyacht La Datcha, is now on bail of £20 million and barred from venturing outside the M25 pending an appearance before Westminster magistrates next month.

The US indictment alleges that Mr Tinkov filed a statement putting his net worth at $300,000

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