Where do you hide a 500-foot yacht? Asking for an oligarch
by Andrea Chang, Los Angeles Times
Mar 03, 2022
3 minutes
It's one thing to stuff cash under your mattress or move millions into an offshore bank account. Hiding a mega-yacht from multiple governments and a global mob of private citizens is a bit more tricky.
To intensify sanctions on Russia and further throttle the finances of the Kremlin's uber-wealthy allies, the Biden administration this week announced a "KleptoCapture" task force that is aggressively targeting Russian oligarchs by seizing real estate and other prized assets.
"We're coming for you," Deputy Attorney General Lisa Monaco told Bloomberg. "We're coming for your yacht. We're coming for your
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