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DOJ’s ‘KleptoCapture’ Unit Will Target Russian Oligarchs

  • Move is latest to isolate Putin, allies from financial system
  • Task force will probe use of crypto to evade sanctions
Lisa Monaco
Lisa MonacoPhotographer: Ting Shen/Bloomberg
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The Justice Department announced details of a new inter-agency task force designed to enforce sanctions and export restrictions and to seize luxury assets belonging to Russia’s wealthiest citizens as the U.S. and its allies step up pressure over the invasion of Ukraine. 

The “KleptoCapture” task force will gather experts in sanctions and export control enforcement, anti-corruption, asset forfeiture, anti-money laundering, tax enforcement, national security investigations, and foreign evidence collection, DOJ said in a statement on Wednesday. It will be led by a veteran corruption prosecutor from the U.S. Attorney’s Office for the Southern District of New York.