- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-04-27T20:12:00
A New York attorney faces up to five years in prison after pleading guilty to making payments to maintain U.S. properties secretly owned by a sanctioned Russian oligarch.
Robert Wise was retained by Vladimir Voronchenko—an associate of Viktor Vekselberg, a Russian oligarch sanctioned by the United States in April 2018—to acquire luxury properties in the United States, according an information filed Tuesday by the Department of Justice (DOJ) in the Southern District of New York.
Between 2008 and 2017, Vekselberg obtained the properties by going through shell companies. Wise managed their finances, including paying insurance and property taxes, the DOJ said. The payments for the properties were taken from interest earned on Wise’s lawyer’s trust account, also called an IOLTA account.
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2023-12-22T15:10:00Z By Kyle Brasseur
Insurance organization Privilege Underwriters Reciprocal Exchange agreed to pay $466,200 as part of a settlement with the Office of Foreign Assets Control addressing alleged sanctioned transactions on behalf of designated Ukrainian-Russian oligarch Viktor Vekselberg.
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The U.S. Federal Trade Commission (FTC) took action against a pair of student loan debt relief companies for allegedly deceiving borrowers. The move came despite the Trump administration’s broader efforts to roll back enforcement actions against businesses since taking office.
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After dismissing its lawsuit against the crypto exchange Coinbase in March, a second investigation into the exchange by the Securities and Exchange Commission has surfaced, according to a report from the New York Times. This comes as a bit of a surprise after the Trump administration has been scaling down ...
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