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Reuters
Reuters
Politics
Sarah N. Lynch

U.S. launches 'KleptoCapture' task force aimed at Russian oligarchs

United States Russia Justice Department Ukraine
FILE PHOTO: U.S. Attorney General Merrick Garland speaks to the press at the Justice Department after all three defendants were found guilty of federal hate crimes for murder of a young Black man, Ahmaud Arbrey in Washington, DC, U.S., February 22, 2022. Nicholas Kamm/Pool via REUTERS/File Photo

A new U.S. federal "KleptoCapture" task force will work to further strain the finances of Russia's oligarchs to pressure the country to cease its invasion of Ukraine, the Justice Department said on Wednesday.

The interagency law enforcement group will be dedicated to enforcing sanctions, export restrictions and economic countermeasures designed to freeze Russia out of global markets, Attorney General Merrick Garland said in a statement.

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