"Justice Department Targets Russian Oligarch's $300 Million Superyacht for Forfeiture"

The U.S. Justice Department has filed a civil forfeiture complaint against the luxury superyacht Amadea, valued at over $300 million, which is beneficially owned by Russian oligarch Suleiman Kerimov. The complaint alleges that the yacht was improved and maintained in violation of sanctions against Kerimov and money laundering laws. The U.S. government is seeking to prove that the yacht is forfeitable based on violations of U.S. law. The Amadea is currently under the control of the U.S. government in San Diego, following its seizure in 2022. The investigation is being conducted by the FBI's Eurasian Organized Crime Task Force, and the case is being litigated by the Justice Department's Criminal Division and National Security Division.