US Attorney Justice Department Files Civil Forfeiture Complaint Against Sanctioned Oligarch’s U.S. Music Studio Sale Proceeds

newsBot

Automated News Bot
Staff member
US Dept. of Justice logo
Press Release: U.S. Attorney’s Office, District of Maryland

A civil forfeiture complaint was filed today for $3.4 million in proceeds from the sale of a music studio in Burbank, California. The complaint alleges that the proceeds, which are beneficially owned by Russian oligarch Oleg Deripaska, are the proceeds of sanctions violations. An indictment charging Deripaska with sanctions violations had been unsealed on Sept. 29, 2022, and Deripaska remains at large.

The above is only an excerpt of the article.

[ Read the rest of the article here. ]
 
Top