Russian Oligarch Konstantin Malofeyev charged with violating US sanctions with American Jack Hanick’s help

Russian Oligarch Konstantin Malofeyev has been charged with violations of U.S. sanctions and false statements relating to his support for the Russian occupation of Donetsk according to the Department of Justice. To avoid the sanctions, Malofeyev allegedly hired an American Jack Hanick to help him create television networks in Russia and Greece and to buy another network in Bulgaria. He also conspired with Hanick to transfer $10 million investment he made in a U.S. bank to a business associate in Greece. Hanick has also been charged with violations of U.S. sanctions. Malofeyev, according to reports has been determined by OFAC as one of the main sources of financing for the promotion of Russia-aligned separatist groups operating in Ukraine. Molofeyev runs a pro-Putin propaganda network that described Russi’s recent innovation of Ukraine as a holy war. According to the indictment, Malofeyev used shell companies and other means to hide his deception to evade sanctions. If found guilty he could face up to 40 years in prison. #Russianoligarch #Oligarchsanctions #whistleblower

JEFFREY NEWMAN, A FORMER PROSECUTOR IS NOW A WHISTLEBLOWER LAWYER FOR THE NATIONWIDE FIRM OF NEWMAN & SHAPIRO. HE CAN BE REACHED AT JNEWMAN@NEWMANSHAPIRO.COM OR AT 978-880-4758