DOJ Seeks Forfeiture of $3.4M from Russian Oligarch’s Alleged Sanctions Violations

The U.S. government alleges that proceeds from the sale of a California music studio owned by Oleg Deripaska violated sanctions imposed in 2018.

The Department of Justice filed a civil forfeiture complaint for $3.4 million in proceeds from the sale of Ocean Studios in Burbank, California.
The funds are alleged to be linked to Russian oligarch Oleg Deripaska, who was sanctioned in 2018 for his ties to the Russian government and energy sector.
Deripaska's associate, Olga Shriki, managed the studio and facilitated its sale in 2019, despite sanctions prohibiting such transactions.
The FBI and Task Force KleptoCapture claim Deripaska used shell companies and intermediaries to obscure his involvement and evade sanctions.
The complaint underscores ongoing U.S. efforts to enforce sanctions tied to Russia's actions in Ukraine and protect the financial system from misuse.