Sergey Karpushkin, a Florida resident and Belarus national, has pleaded guilty to “engaging in a scheme to violate U.S. sanctions and commit money laundering by conducting transactions for the purchase and acquisition of metal products valued at over $139 million from companies owned by a sanctioned oligarch,” the Department of Justice has said.
Karpushkin, who agreed to forfeit $4,723,625 in proceeds that he obtained as a result of the conspiracy, will be sentenced by a federal district court.
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