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 reported on the dispute with the former employee and how it might have led to Pai’s detention. Meduza s