Russian cosmetics brand Mixit’s CEO faces fraud charges amid dispute with former employee who says she co-founded the brand

Oleg Pai, CEO of Mixit, one of Russia’s most recognizable and successful cosmetics brands, was detained in Moscow on September 19. He is accused of fraud, and a court placed him under house arrest. Mixit co-founder Yelena Nazarova linked his detention to a corporate dispute. “We don’t understand how a civil dispute with our former employee could have turned into a criminal investigation. We see this as pressure on our business, as an attempt to seize control of the company,” she said. Forbes rep...