2 Businessmen Charged With Hiding Sanctioned Russian Oligarch's Ties To Yacht

The Justice Department says the men worked together to hide Vekselberg’s ownership of the yacht from the U.S.

government, even developing a fake name for the vessel, as a way to evade sanctions and to illegally collect hundreds of thousands of dollars in U.S services and financial transactions.

They are charged in federal court in the District of Columbia with crimes including money laundering and violating the International Emergency Economic Powers Act.