U.S. Agents Start Hunting for Sanctioned Russians’ ‘Shiny Toys’

The Department of Homeland Security has begun a search for planes, yachts, mansions and other U.S. belongings of Russians facing Ukraine-related sanctions.

Agents are looking for “shiny toys” that wealthy Russians on the sanctions list likely have hidden behind layers of shell companies, as well as their bank accounts and investments, said John Tobon, who heads the agency’s financial investigations division in Miami. The U.S. government has blacklisted 19 companies and 45 political and business leaders, including four it designated as members of Putin’s inner circle.