July 10, 2025
The founder of Bank Otkritie on Thursday secured a deferred prosecution agreement with Manhattan federal prosecutors to resolve allegations of assisting the head of Russian state-backed lender VTB Bank in evading U.S. sanctions, just a month after a swath of email evidence was thrown out over a botched FBI search warrant.
June 03, 2025
A Manhattan federal judge declined on Tuesday to revoke bail for a businessman accused of helping a Russian banker evade sanctions on assets worth nearly $150 million, after his lawyer said his text to a trial witness was merely a phone flub.
May 28, 2025
Federal prosecutors cannot use certain evidence to prove charges that a Russian bank executive dodged sanctions because an FBI agent "recklessly omitted material facts" from the related warrant application, a New York federal judge ruled.
April 04, 2025
A New York federal judge has ruled that the U.S. government can depose two men about a Russian bank executive's alleged effort to avoid economic sanctions following Russia's invasion and annexation of the Crimea region, saying it is necessary to "prevent a failure of justice."
February 22, 2024
The head of a Russian-state-owned bank has been charged in New York federal court with evading economic sanctions by conspiring with others to maintain his two super-yachts and a luxury home in Aspen, Colorado, prosecutors said Thursday.