U.S. Treasury slaps $7.1M fine on New York firm for managing properties for Putin ally
NegativeU.S News
- The U.S. Treasury Department has imposed a $7.1 million fine on a New York-based property management firm for allegedly violating sanctions by managing luxury real estate properties for Oleg Deripaska, an oligarch with close ties to Russian President Vladimir Putin.
- This development underscores the U.S. government's ongoing efforts to enforce sanctions against individuals connected to the Russian government, highlighting the potential legal and financial repercussions for companies that engage in business with sanctioned entities.
— via World Pulse Now AI Editorial System





