Two Russian nationals were arrested for allegedly using their Germany-based company as a front to move black market oil and sensitive equipment with military uses in defiance of U.S. sanctions.
Yury Orekhov and Artem Uss, both associated with the Hamburg-based industrial equipment and commodity trading business Nord-Deutsche Industrieanlagenbau GmbH, have been apprehended, federal prosecutors said Wednesday.
Mr. Orekhov was arrested in Germany and Mr. Uss in Italy at the request of the U.S. and will undergo extradition proceedings.
Three other Russian nationals and two Venezuelans were also charged in what prosecutors described as a global scheme to evade U.S. sanctions and export controls.
The defendants were allegedly involved in “orchestrating a complex scheme to unlawfully obtain U.S. military technology and Venezuelan sanctioned oil through a myriad of transactions,” said U.S. Attorney for the Eastern District of New York Breon Peace.
www.wsj.com
Yury Orekhov and Artem Uss, both associated with the Hamburg-based industrial equipment and commodity trading business Nord-Deutsche Industrieanlagenbau GmbH, have been apprehended, federal prosecutors said Wednesday.
Mr. Orekhov was arrested in Germany and Mr. Uss in Italy at the request of the U.S. and will undergo extradition proceedings.
Three other Russian nationals and two Venezuelans were also charged in what prosecutors described as a global scheme to evade U.S. sanctions and export controls.
The defendants were allegedly involved in “orchestrating a complex scheme to unlawfully obtain U.S. military technology and Venezuelan sanctioned oil through a myriad of transactions,” said U.S. Attorney for the Eastern District of New York Breon Peace.
Russian Nationals Arrested Over Alleged Scheme to Evade U.S. Sanctions
Two Russian nationals were arrested for allegedly using their Germany-based company as a front to move black market oil and sensitive equipment with military uses in defiance of U.S. sanctions.
www.wsj.com
