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Reuters
Reuters
Business
By Kanishka Singh

U.S. charges two men with facilitating sanctions evasion of Russian oligarch's yacht

FILE PHOTO: The yacht called "Tango" owned by Russian billionaire Viktor Vekselberg, who was sanctioned by the U.S. on March 11, is seen at Palma de Mallorca Yacht Club in the Spanish island of Mallorca, Spain March 15, 2022. REUTERS/Juan Medina

The U.S. government said on Friday it charged two businessmen, one Russian and one British, with allegedly facilitating a sanctions evasion and money laundering scheme in relation to a $90 million yacht of billionaire Russian oligarch Viktor Vekselberg.

Vladislav Osipov, 51, a Russian national, and Richard Masters, 52, a UK national, were charged in indictments unsealed in a U.S. court on Friday with conspiracy to defraud the United States and to commit offenses against the United States, the U.S. Justice Department said in a statement.

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