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Sanctions Evasion

All articles tagged with #sanctions evasion

France intercepts shadow fleet tanker off Sicily, Macron says
europe22 days ago

France intercepts shadow fleet tanker off Sicily, Macron says

France says its forces intercepted the Russian shadow fleet oil tanker Deliver off the coast of Sicily, a date-stamped move after the UK’s interception of the tanker Smyrtos in the English Channel. The Cameroonian-flagged Deliver has transported Russian oil since 2024, using opaque ownership and flags of convenience to conceal cargo origin and bypass sanctions. Macron framed the operation as proof Europe will persist in enforcing sanctions and combating the shadow fleet’s role in funding Russia’s war.

via Euronews.com|
#deliver-tanker#europe#french-navy
U.S. Charges Iran-Based Tech CEO Over Sanctions-Evasion Exports to Tehran’s Nuclear and Defense Sectors
crime1 month ago

U.S. Charges Iran-Based Tech CEO Over Sanctions-Evasion Exports to Tehran’s Nuclear and Defense Sectors

Jamshid Ghomi, CEO of Tehran-based Faraz Pardaz Rayaneh Co. Ltd. (FPR), was arrested on a federal complaint for illicitly procuring and shipping U.S.-origin networking, security, and encryption equipment to Iran, including to the regime’s nuclear and military entities, in violation of U.S. sanctions; prosecutors seek prison time and asset seizure.

via Department of Justice (.gov)|
#crime#export-controls#iran
Drones Strike Russia’s Shadow Fleet Tankers Off Turkish Coast
world1 month ago

Drones Strike Russia’s Shadow Fleet Tankers Off Turkish Coast

Drones struck three ships linked to Russia’s so‑called “shadow fleet” in the Black Sea near Turkey. The Palau‑flagged James II was hit in the engine room (20 crew aboard), while Altura and Velora (both Sierra Leone flags) were damaged during a ship‑to‑ship transfer. No casualties were reported. All three vessels have been sanctioned over Russian oil exports; Ukraine’s HUR says the shadow fleet siphons oil and helps Moscow evade sanctions, potentially handling up to a third of seaborne Russian oil.

via Kyiv Post|
#black-sea#drone-attack#rosneft
Ukraine: Kyiv strike used 2026 Kh-101 missiles with Western parts
world2 months ago

Ukraine: Kyiv strike used 2026 Kh-101 missiles with Western parts

Ukraine says the Kh-101 missiles used in the Kyiv apartment-block strike were manufactured in 2026 and contained more than 100 Western-made components, highlighting sanctions circumvention and Russia’s expanded missile program; debris analysis by Ukrainian officials and experts supports the Kh-101 identification, as Kyiv reports at least 24 dead and a large-scale missile-and-drone attack continues.

via Financial Times|
#kh-101#missile-technology#sanctions-evasion
Western Tech Found in North Korean Missiles Used Against Ukraine
world-news1 year ago

Western Tech Found in North Korean Missiles Used Against Ukraine

Ukraine has reported that a significant portion of Russian ballistic missile attacks involve North Korean KN-23 missiles equipped with Western-made electronics, despite international sanctions. These missiles, which have caused numerous casualties, contain components primarily from the US and Europe, with China suspected as an intermediary. Ukrainian officials are concerned about the illicit trade of these components and hope for stricter controls. The situation highlights the complex global supply chains and the challenges in enforcing sanctions.

via Euromaidan Press|
#ballistic-missiles#north-korea#sanctions-evasion
US Cracks Down on Iranian Oil Trafficking with Seizures and Criminal Charges
international-relations2 years ago

US Cracks Down on Iranian Oil Trafficking with Seizures and Criminal Charges

The United States has unveiled charges and seizures related to a billion-dollar oil trafficking network allegedly financing Iran's Islamic Revolutionary Guard Corps (IRGC) and other militant groups, in response to aggressive actions by Iran. The US Department of Justice seized over $108 million laundered by a Chinese company and more than 520,000 barrels of Iranian oil aboard a tanker. Seven defendants, including a Turkish national and the son of a former IRGC commander, were charged in connection with the seized money. Additionally, a Chinese woman and an Omani man were charged with Iran sanctions evasion and money laundering related to the trafficking and selling of Iranian oil to Chinese government-owned refineries. Despite US sanctions, Iran's crude exports and oil output reached new highs in 2023, with Iranian oil making up about 10% of China's crude imports.

via Reuters|
#international-relations#iran#islamic-revolutionary-guard-corps
law-and-crime2 years ago

US Announces Charges and Seizures Linked to Billion-Dollar Iranian Oil Trafficking Network

The Justice Department has unsealed three federal cases targeting the illicit trafficking of Iranian oil to finance Iran’s Islamic Revolutionary Guard Corps (IRGC) and its Qods Force, with charges including terrorism, sanctions-evasion, fraud, and money laundering. Seven defendants in the Southern District of New York, including an IRGC leader and officers of a Turkish energy group, are charged with trafficking and selling Iranian oil to government-affiliated buyers in China, Russia, and Syria, with the U.S. seizing $108 million used to fund the IRGC-QF. In a related action in the District of Columbia, a Chinese woman and Omani man are charged with sanctions-evasion and money laundering in connection with selling Iranian oil to Chinese government-owned refineries. Additionally, a civil forfeiture complaint was unsealed in the District of Columbia, alleging that over 500,000 barrels of Iranian fuel oil valued at over $25 million is forfeitable under terrorism laws as property that provides a source of funds to the IRGC and IRGC-QF.

via Department of Justice|
#iran#justice-department#law-and-crime
"Uncovering the $40 Billion Crypto Crime Wave: 2022-2024 Trends"
cryptocurrency-crime2 years ago

"Uncovering the $40 Billion Crypto Crime Wave: 2022-2024 Trends"

Stablecoins, such as Tether, have facilitated $40 billion in illicit cryptocurrency transactions since 2022, with 70% of crypto scams and 83% of payments to sanctioned countries involving stablecoins. Chainalysis found that stablecoins were used in 84% of payments to specifically sanctioned individuals and companies. The appeal of stablecoins for sanctions evasion lies in their stability and ability to circumvent restrictions on accessing the US dollar. Tether, the most popular stablecoin, has been singled out for its use in illegal gambling and scam operations, with scammers preferring it due to its stability and low fees. Despite Tether's ability to freeze criminal funds, the illicit use of stablecoins continues to outpace seizures, posing a significant challenge for law enforcement.

via WIRED|
#chainalysis#crime#cryptocurrency
"US Implements Extensive Sanctions on Russia and Allies, Aiming for Isolation"
international-relations2 years ago

"US Implements Extensive Sanctions on Russia and Allies, Aiming for Isolation"

The Biden administration has imposed sweeping Russia-related sanctions, designating over 250 individuals and companies in Turkey, the United Arab Emirates, China, and the two Koreas for accusations including sanctions evasion and acting as a Kremlin weapons procurer. The sanctions aim to cut off Russia's weapons supplies and sanctions evasion activities, with the U.S. Defense Department arming Ukraine while the Treasury and State Departments target Russia's ability to make war. The sanctions restrict Russia's future energy production and export capacity, hinder its metals and mining sectors, disrupt its North Korea munitions deals, and constrain its defense industry. The United States is Ukraine's largest backer, and officials warn that the conflict is not just about Ukraine's sovereignty but also world order, democracy, and U.S. national security.

via UPI News|
#biden-administration#international-relations#russia-related-sanctions
Arrests Made in Schemes to Evade Sanctions and Supply Russian Military
crime2 years ago

Arrests Made in Schemes to Evade Sanctions and Supply Russian Military

Four individuals have been arrested and charged in connection with two separate schemes to unlawfully export controlled, dual-use technologies to Russia following Russia's invasion of Ukraine. In one case, defendants used two corporate entities registered in Brooklyn to unlawfully source and purchase millions of dollars' worth of dual-use electronics on behalf of end-users in Russia, including companies affiliated with the Russian military. In the other case, defendants procured dual-use electronic components for entities in Russia involved in the development and manufacture of drones for the Russian war effort in Ukraine. The arrests and charges highlight the determination of the U.S. Justice Department to hold accountable those who flout laws to aid the Russian war machine and evade sanctions and export controls.

via Department of Justice|
#crime#national-security#russia
International Arrests Made in Massive Sanctions Evasion and Arms Shipping Scheme
crime2 years ago

International Arrests Made in Massive Sanctions Evasion and Arms Shipping Scheme

Nikolay Goltsev, Salimdzhon Nasriddinov, and Kristina Puzyreva have been charged with conspiracy and other offenses related to a global procurement scheme on behalf of sanctioned Russian entities. The defendants allegedly evaded sanctions by shipping electronic components and integrated circuits to Russia, which were found in seized Russian weapons platforms and signals intelligence equipment in Ukraine. The scheme involved the use of two Brooklyn-based corporate entities to unlawfully source and ship millions of dollars worth of dual-use electronics to sanctioned end users in Russia. The defendants were arrested in New York City, and the charges highlight the commitment of law enforcement agencies to hold accountable those who evade sanctions and export control laws to aid hostile nation states.

via Department of Justice|
#crime#export-control-scheme#global-procurement-scheme