Shares Of Evraz Tanked After That Report About Roman Abramovich Being Arrested

Julia La Roche

 Mar. 25, 2013

Shares of Russian steelmaker Evraz, whose controlling shareholder is Roman Abramovich, slipped this morning on a Russian business news agency's report that the Russian billionaire was being detained by the FBI.

Shortly after 9 a.m. E.T. this morning, Russian news outlet RBC.com Tweeted that Abramovich had been detained in the U.S.

Via Google Translate the Tweet says, "Lightning! In the U.S., detained Roman Abramovich. Details soon." 

Minutes later, RBC.com posted a story on its site.  Then Russia Today Tweeted the report. 

BREAKING: Russian tycoon, Chelsea owner Roman #Abramovich detained in US - news agency @ru_rbc. Details to follow rt.com

A spokesperson for Abramovich John Mann Tweeted that the RBC story is "NOT TRUE."

The FBI declined to comment. 

RBC's report appeared to move Evraz's stock though.  Check out the chart from Yahoo! Finance.  The stock, which is traded on the London Stock Exchange, tanked right after 1 p.m. GMT, which would be right after 9 a.m. ET when the report first surfaced. 

Yahoo! Finance

The Awesome Life Of Roman Abramovich (Who Just Won A $6.5 Billion Court Battle)

Ashley Lutz and Julie Zeveloff

 Aug. 31, 2012

AP

Russian oligarch Roman Abramovich just won a $6.5 billion legal battle against former friend and business partner Boris Berezovsky in the biggest private court case in British history.

Abramovich, the billionaire of the Chelsea football club, must be pleased—the ruling absolves him from paying billions of dollars in damages over a decades-old business deal, although Berezovsky could still file an appeal.

Life is pretty sweet for Abramovich. He was orphaned as a child, but today is worth an estimated $12.1 billion and leads a fabulous life, from his gorgeous girlfriend and palatial home to his massive security staff and celebrity-studded parties.