CNN — UK and US authorities on Wednesday announced a major crackdown on a pair of billion-dollar money laundering rings that officials say has cleaned money for Russia’s elite, cybercriminals and drug-runners around the world. The US Treasury Department sanctioned alleged senior members of one of the money-laundering rings, while the alleged leader of the other money-laundering ring is in …
WASHINGTON — The U.S. announced new sanctions Thursday on Russian oligarchs and elites, including some of the richest men in Europe and their families, as well as penalties targeting more Kremlin officials, businessmen linked to President Vladimir Putin and their yachts, aircraft and firms that manage them. “Russia’s elites, up to and including President Putin, rely on complex support networks …
Penalties, including asset seizures, come amid the push to ramp up pressure on Moscow over Ukraine’s invasion. The White House has announced additional sanctions on several wealthy Russian elites and individuals in Vladimir Putin’s inner circle, including the Russian president’s press secretary, Dmitry Peskov. “One of the elites is Alisher Burhanovich Usmanov, one of Russia’s wealthiest individuals and a close …