"US Authorities Ramp Up Actions Against Russian Figures Linked to Putin"

Russian national and U.S. legal permanent resident Vadim Wolfson, founder of Bank Otkritie, was arrested in Austin on federal charges related to violations of the International Emergency Economic Powers Act (IEEPA) and money laundering. The charges also involve Russian national Andrey Kostin and a U.S. national, with the scheme allegedly aimed at benefiting Kostin, a Russian oligarch sanctioned by the U.S. in 2018. Wolfson, who owns properties in Austin, is facing legal action amid heightened scrutiny of Russian oligarchs due to the ongoing Russia-Ukraine conflict.