The US Treasury’s Office of Foreign Assets Control (OFAC) penalized a New York-based property management firm, Gracetown Inc., for violating sanctions against Russian oligarch Oleg Deripaska. According to Bloomberg, The firm accepted approximately two dozen payments between 2018 and 2020 on behalf of a company owned by Deripaska. The Treasury noted that Gracetown had been … Continue reading US Fines NY Firm $7 Million for Violating Russia Sanctions