(CNN) — Since Russia’s invasion of Ukraine one year ago, the US Department of Justice has announced that it has seized more than $500 million in property and assets belonging to people who support the Russian government and evade US sanctions.
The ministry added, in a statement, that it “targeted the wealth of people close to the Russian government, and also issued arrest warrants for people subject to sanctions, but many of these people live in Russia and it is unlikely that they will be arrested or extradited.”
On Friday, US authorities unveiled a new indictment “accusing a Russian citizen of providing US communications equipment to the Russian Federal Security Service in violation of US sanctions.”
According to the indictment, “Ilya Balakaev, 47, a Moscow resident, traveled repeatedly to the United States to purchase parts for electronic equipment and bring them back to Russia.”
The indictment stated that “Balakiev established a network of persons within the United States to help him procure equipment, which was not available in Russia, to repair equipment used in covert communications.”
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