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Bloomberg Businessweek Weekend - November 11th, 2022
Bloomberg Businessweek
How to Establish Ownership of a Superyacht
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If I were the US government, why don't I just turn on and sell these things? Well, it's not so simple. They need to go through a complicated process called forfeiture. And as Joel alluded to, in many of these cases,. it's not clear who the owners are. The Russian billionaires tend to use very complicated shell companies.
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