The Department of Justice (DOJ) is targeting luxury condos in Bal Harbour, owned by a Russian businessman accused of violating U.S. sanctions related to the invasion of Ukraine, seeking their forfeiture to cut off financial resources to Russia. This action is part of broader efforts involving Russian assets, including a prominent Russian businessman's bid to pause an $850 million fraud lawsuit in the UK Supreme Court, and a potential deal with a Russian buyer to acquire assets from companies formerly led by jailed Macau gambling kingpin Alvin Chau for $116 million.
The condos are allegedly owned by a Russian businessman accused of violating U.S. sanctions over the invasion of Ukraine. https://t.co/6QDtMDIhmq
A prominent Russian businessman can take his bid to pause an $850 million fraud lawsuit brought by two Russian banks to the UK Supreme Court, his lawyers said in court filings https://t.co/M4rlurRWsr https://t.co/D82aALtFZn
In move to cut off money to Russia, DOJ to take 2 luxury condos away from Bal Harbour owners https://t.co/HjcQdNU21V
A potential Russian buyer of the assets of two companies formerly headed by jailed Macau gambling kingpin Alvin Chau is seeking to end the $116 million deal https://t.co/Jsbb3ZsqoN
In a move to cut off money to Russia, DOJ to take 2 luxury condos away from Bal Harbour owners https://t.co/KHOSt6LjxB
Justice Dept. seeks forfeiture of Russian businessman's Bal Harbour condos. https://t.co/h3RVkrgd3Z
3 accused of stealing $42K from South #Florida condo association with phony repairs. https://t.co/62ZtNM89D5 via @mricio