A UK businessman was arrested on Tuesday for allegedly conspiring to help a Russian oligarch evade U.S. sanctions, according to the U.S. Department of Justice (DOJ). Graham Bonham-Carter, 62, the cousin of actress Helena Bonham-Carter, is accused of wire fraud and funding U.S. properties purchased by Russian oligarch Oleg Vladimirovich Deripaska, who has been sanctioned by…

A Gibraltar court announced on Tuesday that a luxurious superyacht linked to a Russian billionaire currently under EU and U.K. sanctions was sold at an auction last month for $37.5 million. The 237.8 feet (72.5-meter) long vessel, Axioma, which had been owned by oligarch Dmitry Pumpyansky, was docked in Gibraltar on March 21 and was…

NEW YORK—A judge authorized the United States on Monday to seize a $90 million jet belonging to a Russian oligarch in a continuing effort to diminish the financial pillars of the Russian government after its invasion of Ukraine. The effort to seize Andrei Skoch’s private plane, an Airbus A319-100, was part of a monthslong pursuit…

A superyacht linked to the owner of Russia’s largest steel pipe maker, subject to sanctions by the European Union due to the Ukraine invasion, has been seized by authorities after docking in Gibraltar. Western sanctions on Russian oligarchs over Russian President Vladimir Putin’s invasion of Ukraine have triggered an exodus of luxury yachts from Europe…

Prime Minister Justin Trudeau capped a weeklong European trip Friday by slapping new sanctions on the Russian oligarch Roman Abramovich, who has become an international poster boy for the largesse that enabled President Vladimir Putin’s war on Ukraine. Abramovich is a major shareholder in Evraz, a British multinational manufacturing company that operates a steel mill…

Russian billionaire Roman Abramovich has been hit with a UK travel ban and asset freeze, as Britain tightens the screws on oligarchs with close ties to Russian President Vladimir Putin amid backlash to the Ukraine invasion. Abramovich’s name features alongside six other wealthy Russian businessmen that have been added to the UK sanctions list, according…

New laws designed to tackle “dirty money” hidden in the UK have cleared the House of Commons, amid calls for ministers to go further on seizing oligarchs’ assets. The Economic Crime (Transparency and Enforcement) Bill received an unopposed third reading after it was rushed through the Commons on Monday. Reforms contained in the Bill have…