From Staff ReportsMOSCOW — A Moscow court has ordered a U.S. investment fund manager, an Oklahoma native, to be jailed for two months while facing fraud charges.Michael Calvey, founder and senior partner at Baring Vostok equity firm, was detained Friday morning along with two other fund managers.Prosecutors say Calvey is suspected of embezzling 2.5 billion rubles ($37 million) from Vostochny Bank, where Baring Vostok has a controlling stake.But Calvey said during his court appearance Saturday that the charges against him are likely connected to an arbitration case that Baring Vostok initiated against some Vostochny Bank shareholders.Calvey, who graduated from Bishop McGuinness High School in Oklahoma City and has a business degree from the University of Oklahoma, is the brother of Oklahoma County Commissioner Kevin Calvey, a former Republican state lawmaker.Kevin Calvey helped finance his 2010 congressional campaign with more than $250,000 in investment gains and donations tied to his brother.Read more on NewsOK.com