Tonight, I say to the Russian oligarchs and the corrupt leaders who’ve bilked billions of dollars off this violent regime: No more.
The United States — I mean it. The United States Department of Justice is assembling a dedicated task force to go after the crimes of the Russian oligarchs.
We're joining with European Allies to find and seize their yachts, their luxury apartments, their private jets. We're coming for your ill-begotten gains.[4]
The leader of the Task Force was initially described as "a veteran corruption prosecutor" from the U.S. Attorney's Office for the Southern District of New York assigned to the U.S. Deputy Attorney General's Office. On March 3, 2022, this prosecutor was revealed as Andrew Adams, who has previously worked as co-chief of the Southern District of New York's Money Laundering and Transnational Criminal Enterprises. His previous work includes the prosecutions of thief in law Razhden Shulaya as well as the asset forfeiture case against Bitcoin money launderer Charlie Shrem.[7][8]
B-roll from seizure of $90M yacht of sanctioned Russian oligarch Vekselberg by Spain at U.S. requestUnited States Attorney General Merrick Garland announces the seizure of the motoryacht Tango
On March 11, 2022, United States President Joseph R. Biden signed Executive Order14068, "Prohibiting Certain Imports, Exports, and New Investment With Respect to Continued Russian Federation Aggression," an order of economic sanctions prohibiting the trade in luxury goods.[12]
In tandem, the Treasury specifically designated assets of Viktor Vekselberg worth an estimated $180 million: an Airbus A319-115 jet and the motoryachtTango.[13] Estimates of the value of the Tango range from $90 million (U.S. Department of Justice estimate) to $120 million (from the website Superyachtfan.com).[14]
On April 4, 2022, Magistrate Judge Zia M. Faruqui signed an Order approving the seizure. Judge Faruqui concluded his order stating, "The seizure of the Target Property is just the beginning of the reckoning that awaits those who would facilitate Putin's atrocities. Neither the Department of Justice, nor history, will be kind to the Oligarchs who chose the wrong side. […] The Department of Justice's seizure echoes the message of the brave Ukrainian soldiers of Snake Island."[17]
On June 6, 2022, the United States was authorized to seize two of Roman Abramovich’s aircraft, a Boeing 787-8 and a Gulfstream G650ER worth more than $400 million. A United States press release states that the seizures were requested by the U.S. Attorney's Office for the Southern District of New York, working with Task Force KleptoCapture.[9][20]
On August 8, 2022, a U.S. federal magistrate judge signed an order authorizing the United States to seize the private airplane of Andrei Skoch, a sanctioned Russian oligarch who is a member of Russia's Duma. U.S. press releases indicated that the airplane is an Airbus A319-100 with tail number P4-MGU worth over $90 million, which had previously been blocked by the U.S. Treasury's Office of Foreign Assets Control (OFAC), and that the U.S. Attorney's Office for the Southern District of New York led this investigation in partnership with the KleptoCapture Task Force.[21][22]
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