US Sanctions Russian Businessman and Three Firms for Evasion Scheme

The Treasury targets entities involved in a plan to unfreeze $1.5 billion linked to oligarch Oleg Deripaska.

Dmitrii Beloglazov and three Russia-based companies were sanctioned for their roles in the scheme.
The plan aimed to sell Deripaska's frozen shares in a European company, believed to be Strabag SE.
Newly created subsidiaries and financial entities were used to facilitate the evasion attempt.
The sanctions freeze all US assets of the involved parties and prohibit US persons from doing business with them.
Deripaska has been under US sanctions since 2018 for his connections to the Russian government.