2min chapter

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US, EU Seized Russian Billionaires' Yachts. Then Came the Bill

Big Take

CHAPTER

The US Is Going to Track Down Russian Super Yachts

When Russia invaded Ukraine in February there were quite a few of these Russian executives, these billionaires, who own these yachts. They were under sanctions and those boats took to the water and started going all over the place to avoid being seized. Some of them ended up off the coast of Turkey which has not enforced sanctions. There on last account maybe at least half a dozen if not more sanctioned Russian super yachts in Turkey that are holed up there safe,. Not frozen by Western governments. Others attempted to leave ports in Europe and were stopped because Western governments believed they were owned by sanctioned Russians.

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