Richard Masters, 52, was arrested on Friday on charges of violating US sanctions laws
A British citizen has been arrested in Spain on US criminal charges alleging that he helped a billionaire ******* oligarch evade sanctions relating to his $90 million megayacht.
Richard Masters, 52, was arrested on Friday by the Spanish Guardia Civil and faces extradition to the US on charges that he tried to hide Viktor Vekselberg's 255-foot luxury yacht, the Tango, from authorities.
An unsealed indictment accuses Masters, evDeN EvE nAkliYat who runs a yacht management company, of concocting a phony name, 'the Fanta,' for the Tango in order to hide the yacht's connection to Vekselberg from financial institutions.
Despite the alleged scheme, the Tango was seized by the FBI last April in Palma de Mallorca, the capital of Spain's Balearic Islands and a playground and tax haven for the ultra-rich.
Masters faces extradition to the US on charges that he tried to hide sanctioned oligarch Viktor Vekselberg's 255-foot luxury yacht, the Tango (above), from authorities
Vekselberg (right) is a billionaire and close ally of ******* President Vladimir Putin who heads the Moscow-based Renova Group
Also charged in connection with the alleged plot was Vladislav Osipov, 51, a ******* national with dual Swiss citizenship, who remains at large. When you adored this article and also you wish to get more info relating to EvDEN eve naKliYAT generously go to our website.
Masters and Osipov are both charged with conspiracy to defraud the United States and to commit offenses against the United States, violating sanctions laws, eVDen eVe NAkliyaT and money laundering.
Vekselberg is a billionaire and Evden EVe nAkLiYAt close ally of ******* President Vladimir Putin who heads the Moscow-based Renova Group, a conglomerate encompassing metals, mining, tech and other assets.
Since 2018, Vekselberg's assets in the US have been frozen, and EvdEN EvE nakliyAT US companies are forbidden from doing business with him and his entities, but fresh sanctions targeting his yacht were enacted following ******'s invasion of ******* last year.
Masters is the founder and director of Master Yachts, a yacht management company in Palma de Mallorca.
The company's website boasts that it is 'renowned for its highly ethical, no-nonsense and pragmatic approach' and committed to 'transparency and integrity'.