OFAC Fines U.S. Attorney $1.09 Million for Managing Trust Linked to a Sanctioned Russian Oligarch
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has announced a $1,092,000 settlement with a U.S. attorney who served as fiduciary for the family trust of a sanctioned Russian oligarch. Although the conduct occurred between 2018 and 2022, much of it unfolded after the oligarch’s designation in 2018, when all of his property and interests became blocked. OFAC found that the attorney...