ABA Virtual 2023 Fall Tax Meeting

October 17, 2023

Civil & Criminal Tax Penalties

Report of Monetary Violations and Forfeitures Subcommittee on Important Developments
Damon Rowe, Partner
Meadows Collier

Siana Danch, Associate

Ballard Spahr

I. Task Force KleptoCapture

Russian Oligarch Charged with Violating U.S. Sanctions

A Russian national is charged with violating U.S. sanctions arising from the 2014 Russian
undermining of democratic processes and institutions in Ukraine. As alleged in the indictment, Malofeyev
hired a U.S. citizen named Jack Hanick in 2013 to work on a new Russian cable television news network
(the Russian TV Network) that Malofeyev was creating.
$300 Million Yacht of Sanctioned Russian Oligarch Suleiman Kerimov Seized by Fiji at Request of United
States
Fijian law enforcement executed a seizure warrant freezing the Motor Yacht Amadea (the
Amadea), a 348-foot luxury vessel owned by sanctioned Russian oligarch Suleiman Kerimov. Fijian law
enforcement, with the support and assistance of the FBI, acted pursuant to a mutual legal assistance request
from the U.S. Department of Justice following issuance of a seizure warrant from the U.S. District Court
for the District of Columbia, which found that the Amadea is subject to forfeiture based on probable cause
of violations of U.S. law, including the International Emergency Economic Powers Act (IEEPA), money
laundering and conspiracy.
United States Obtains Warrant for Seizure of Two Airplanes of Russian Oligarch Roman Abramovich
Worth Over $400 Million
The United States of America has been authorized to seize a Boeing 787-8 aircraft and a Gulfstream
G650ER aircraft owned and controlled by Russian oligarch Roman Abramovich, pursuant to a seizure
warrant from the U.S. District Court for the Southern District of New York, which found that the airplanes
are subject to seizure and forfeiture based on probable cause of violations of the Export Control Reform
Act (ECRA) and the recent sanctions issued against Russia..
United States Obtains Warrant for Seizure of Airplane of Sanctioned Russian Oligarch Andrei Skoch,
Worth Over $90 Million
The United States of America has been authorized to seize an Airbus A319-100 (the Airbus) owned
and controlled by sanctioned Russian oligarch Andrei Skoch, pursuant to a seizure warrant from the U.S.
District Court for the Southern District of New York, which found that the airplane is subject to seizure and
forfeiture based on probable cause of violation of the federal anti-money laundering laws.
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Civil & Criminal Tax Penalties Report of Monetary Violations and Forfeitures Subcommittee

Active Russian Agent Andrii Derkach Indicted for Scheme to Violate Sanctions in the United States
A seven-count indictment was unsealed today in federal court in Brooklyn charging Andrii
Derkach, 55, of Ukraine, with conspiracy to violate the International Emergency Economic Powers Acts
(IEEPA), bank fraud conspiracy, money laundering conspiracy, and four counts of money laundering in
connection with the purchase and maintenance of two condominiums in Beverly Hills, California. Derkach
allegedly concealed his interest in the transactions and violated sanctions imposed in 2020. Derkach remains
at large. The charges and forfeiture action announced today include the first use of criminal and forfeiture
powers targeting the concealment of ownership by senior foreign political officials, passed as part of the
National Defense Authorization Act of 2021.
Arrest and Criminal Charges Announced Against British and Russian Businessmen for Facilitating
Sanctions Evasion of Russian Oligarch’s $90 Million Yacht
Two businessmen, Vladislav Osipov, 51, a Russian national, and Richard Masters, 52, a United
Kingdom national, are charged in separate indictments unsealed today in the U.S. District Court for the
District of Columbia, with facilitating a sanctions evasion and money laundering scheme in relation to the
ownership and operation of the Motor Yacht (M/Y) Tango (International Maritime Organization number
1010703), a $90 million, 255-foot luxury yacht owned by sanctioned Russian oligarch Viktor Vekselberg.
The defendants are charged with conspiracy to defraud the United States and to commit offenses against
the United States, violating the International Emergency Economic Powers Act (IEEPA), and money
laundering. The United States requested that the Kingdom of Spain provisionally arrest Masters for
purposes of extradition. The arrest was executed by the Spanish Guardia Civil today. An arrest warrant
against Osipov is outstanding.
Associate of Sanctioned Oligarch Indicted for Sanctions Evasion and Money Laundering
A federal court in New York unsealed an indictment today charging a citizen of the Russian
Federation and legal permanent resident of the United States with participating in a scheme to make over
$4 million in U.S. dollar payments to maintain four real properties in the United States that were owned by
Viktor Vekselberg, a sanctioned oligarch, as well as to attempt to sell two of those properties. According
to court documents, Vladimir Voronchenko, aka Vladimir Vorontchenko, 70, of Moscow, Russia; New
York, New York; Southampton, New York; and Fisher Island, Florida, is additionally charged with
contempt of court in connection with his flight from the United States following receipt of a grand jury
subpoena requiring his personal appearance and testimony.
New York Attorney Pleads Guilty to Conspiring to Commit Money Laundering to Promote Sanctions
Violations by Associate of Sanctioned Russian Oligarch
A New York attorney pleaded guilty today to participating in a scheme to make approximately $3.8
million in U.S. dollar payments to maintain six real properties in the United States that were owned by
Viktor Vekselberg, a sanctioned oligarch. According to court documents, Robert Wise of Pelham, New
York, pleaded guilty to one count of conspiring to commit international money laundering, which carries a
maximum sentence of five years in prison. Wise also agreed to forfeit more than $3.7 million and to be
satisfied by a payment of $210,441. Sentencing is scheduled for Nov. 6.

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Miami-Based Businessman Pleads Guilty to Conspiracy to Violate Russia-Ukraine Sanctions and to

Commit International Money Laundering
Sergey Karpushkin, 46, of Miami, a resident of the United States and a citizen of Belarus, pleaded
guilty today to engaging in a scheme to violate U.S. sanctions and commit money laundering by conducting
transactions for the purchase and acquisition of metal products valued at over $139 million from companies
owned by Sergey Kurchenko, a sanctioned oligarch. According to court documents, Kurchenko was
sanctioned by the U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) in 2015 for
his role in misappropriating Ukrainian state assets or economically significant entities.
II. IRS-CI Releases Latest COVID-Related Fraud Investigational Statistics

Woman Sentenced to Over Five Years for COVID-19 Relief Fraud Scheme
A Texas woman was sentenced today to 70 months in prison for her scheme to defraud the
Paycheck Protection Program (PPP) of over $1.9 million in loans guaranteed by the Small Business
Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
Two Men Sentenced for COVID-19 Relief Fraud Scheme
Two Florida men were sentenced Friday for leading a nationwide scheme to defraud the PPP for
millions of dollars in loans guaranteed by the SBA under the CARES Act.
U.S. Attorney Announces Federal Charges Against 47 Defendants in $250 Million Feeding Our Future
Fraud Scheme
The Department of Justice announced today federal criminal charges against 47 defendants for their
alleged roles in a $250 million fraud scheme that exploited a federally-funded child nutrition program
during the COVID-19 pandemic. “These indictments, alleging the largest pandemic relief fraud scheme
charged to date, underscore the Department of Justice’s sustained commitment to combating pandemic
fraud and holding accountable those who perpetrate it,” said Attorney General Merrick B. Garland.
Father and Son Sentenced for $1.7 Million COVID-19 Relief Fraud
Two men were sentenced yesterday for their roles in the submission of fraudulent loan applications
seeking more than $1.7 million in forgivable PPP loans guaranteed by the SBA under the CARES Act.
New York Woman Sentenced for $9.2 Million COVID-19 Relief Fraud
A New York woman was sentenced today to 45 months in prison for her role in the submission of
fraudulent loan applications seeking more than $9.2 million in forgivable PPP loans guaranteed by the SBA
under the CARES Act. Sherry Joseph, 34, of New York, New York, pleaded guilty in the Southern District
of Florida to conspiracy to commit wire fraud on Nov. 10, 2022. According to court documents, Joseph
recruited multiple individuals to apply for fraudulent PPP loans in exchange for kickbacks from their PPP
loan proceeds.
Co-Leader of COVID-19 Loan Fraud Ring Extradited from Montenegro to Begin Serving Prison Sentence
A California woman who fled to Montenegro to avoid serving a lengthy prison sentence has been
returned to the United States after spending approximately one year as a fugitive. Tamara Dadyan, 43, of
Encino, was extradited by Montenegro and arrived in Los Angeles Monday evening. She is expected to
appear this afternoon in the U.S. District Court in Los Angeles.

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Civil & Criminal Tax Penalties Report of Monetary Violations and Forfeitures Subcommittee

Man Convicted for Multimillion-Dollar COVID-19 Relief Fraud

A federal jury convicted a Texas man today for his role in a scheme to fraudulently obtain and launder
millions of dollars in forgivable PPP loans guaranteed by the SBA under the CARES Act. According to
court documents and evidence presented at trial, Abdul Fatani, 57, of Richmond, conspired with others to
submit fraudulent PPP loan applications by falsifying the number of employees and the average monthly
payroll expenses of the applicant businesses. In total, the co-conspirators sought over $35 million through
more than 80 fraudulent PPP loans. Fatani distributed over $500,000 in fraudulent loan proceeds to his co-
conspirators and himself using bogus payroll checks and laundered a portion of the proceeds by transferring
the funds from one of his bank accounts to another bank account he controlled.
Justice Department Announces Results of Nationwide COVID-19 Fraud Enforcement Action;
The Justice Department announced today the results of a coordinated, nationwide enforcement
action to combat COVID-19 fraud, which included 718 enforcement actions – including federal criminal
charges against 371 defendants – for offenses related to over $836 million in alleged COVID-19 fraud.
III. Digital Assets

Justice Department Announces Report on Digital Assets and Launches Nationwide Network
The Department of Justice today announced significant actions regarding digital assets, including
the public release of its report, pursuant to the President’s March 9 Executive Order on Ensuring
Responsible Development of Digital Assets, on The Role of Law Enforcement in Detecting, Investigating,
and Prosecuting Criminal Activity Related to Digital Assets;[1] and the establishment of the nationwide
Digital Asset Coordinator (DAC) Network, in furtherance of the department’s efforts to combat the growing
threat posed by the illicit use of digital assets to the American public.
Man Sentenced for Stealing Over 712 Bitcoin Subject to Forfeiture
An Ohio man was sentenced today to four years and three months in prison for stealing over 712
bitcoin that were the proceeds of the darknet bitcoin mixer Helix and subject to forfeiture in a then-pending
criminal case. Knowing that the government was seeking to recover the bitcoin stored on the seized device
for forfeiture in Larry Harmon’s criminal case, Gary Harmon used his brother’s credentials to recreate the
bitcoin wallets stored on the device and covertly transfer more than 712 bitcoin, valued at approximately
$4.8 million at the time, to his own wallets – stealing those funds and obstructing the pending criminal
forfeiture proceeding. Gary Harmon further laundered the proceeds through two online bitcoin mixer
services before using the laundered bitcoins to finance large purchases and other expenditures.
Man Charged for Alleged Participation in $45M CoinDeal Investment Fraud Scheme Involving Over
10,000 Victims
A Nevada man has been charged for his alleged participation in CoinDeal, an investment fraud
scheme that defrauded more than 10,000 victims of over $45 million. According to court documents, Lee
allegedly conspired with Neil Chandran and others to defraud investors in companies that Chandran
controlled. The companies were supposedly developing virtual-world technologies, including their own
cryptocurrency, for use in a metaverse. Chandran allegedly misled investors by falsely promising extremely
high returns on the premise that his companies were about to be acquired by a consortium of wealthy buyers.
Lee is charged by indictment with one count of conspiracy, two counts of mail fraud, one count of wire
fraud, and three counts of engaging in monetary transactions in criminally derived property.

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Civil & Criminal Tax Penalties Report of Monetary Violations and Forfeitures Subcommittee

Bitfinex Hacker and Wife Plead Guilty to Money Laundering Conspiracy Involving Billions in
Cryptocurrency
A married couple from New York City pleaded guilty today to money laundering conspiracies
arising from the hack and theft of approximately 120,000 bitcoin from Bitfinex, a global cryptocurrency
exchange. Ilya Lichtenstein, 35, and Heather Morgan, 33, were arrested in February 2022 after the
government seized approximately 95,000 of those stolen bitcoin from cryptocurrency wallets in the
defendants’ control. At the time of the seizure, the recovered funds were valued at approximately $3.6
billion. Since their arrests, the government has seized another approximately $475 million tied to the hack.
Bitcoin ATM company forfeited over 1 million dollars for conspiring to violate the Bank Secrecy Act
Folsom company Amani Investments LLC, which operated Coinucopia kiosks that exchanged U.S.
currency for bitcoin, forfeited $1 million in currency, a Mercedes-Benz, bitcoin, and other items for its
criminal efforts to avoid reporting requirements under the Bank Secrecy Act, U.S. Attorney Phillip A.
Talbert announced.
IV. International Coordination Efforts

Panama Intermediaries Each Sentenced to 36 Months in Prison for International Bribery and Money
Laundering Scheme
Two brothers, each a dual-citizen of Panama and Italy, were each sentenced to 36 months in prison
for laundering $28 million in a bribery and money laundering scheme involving Odebrecht S.A.
(Odebrecht), a Brazil-based global construction conglomerate. The defendants were also ordered to forfeit
more than $18.8 million, pay a $250,000 fine and serve two years’ supervised release.
Justice Department Seeks Forfeiture of Los Angeles Mega-Mansion Purchased with Proceeds of Armenian
Corruption Scheme
The United States is seeking the forfeiture of a more than 30,000-square-foot mega-mansion in the
Holmby Hills neighborhood of Los Angeles, pursuant to a civil forfeiture complaint filed that alleges that
the mansion was purchased with bribes paid by an Armenian businessman to the family of Gagik
Khachatryan, a former high-ranking Armenian public official.
Venezuelan Businessman Charged in Bribery and Money Laundering Scheme
A federal grand jury in Miami returned an indictment today charging a Venezuelan national for
laundering the proceeds of substantially inflated procurement contracts obtained by making bribe payments
to senior officials at Petropiar, a joint venture between Venezuela’s state-owned and state-controlled energy
company and an American oil company.
$1.2 Million to Be Returned to Romanian Government, the Victim of an International Tax Fraud and Money
Laundering Scheme
The Department of Justice announced today that more than $1.2 million in forfeited funds from an
international tax fraud and money laundering case will be returned to the government of Romania. The
funds are the proceeds of the sale of property located in the State of Washington that were owned by a
Romanian couple who were extradited back to Romania at the request of the Romanian government.

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Former Government of Bolivia Minister Pleads Guilty to Conspiracy to Launder Proceeds of Bribery
Scheme
The former Minister of the Government of Bolivia pleaded guilty today to conspiracy to launder
bribes he received in exchange for corruptly helping a U.S. company win a $5.6 million contract from the
Bolivian government.
According to court documents, Arturo Carlos Murillo Prijic, 58, of Bolivia, received at least
$532,000 in bribe payments from a Florida-based company in exchange for helping that company secure
an approximately $5.6 million contract to provide tear gas and other non-lethal equipment to the Bolivian
Ministry of Defense. Murillo and his co-conspirators laundered the proceeds of the bribery scheme through
the U.S. financial system, including bank accounts in Miami, Florida, where Murillo received
approximately $130,000 in cash bribe payments.
Former Bolivian Minister of Government Sentenced for Bribery Conspiracy
The former Bolivian Minister of Government was sentenced today to 70 months in prison for
conspiracy to launder bribes he received in exchange for corruptly helping a U.S. company win a lucrative
contract from the Bolivian government. Arturo Carlos Murillo Prijic, 58, of Bolivia, pleaded guilty on Oct.
20, 2022, to one count of conspiracy to commit money laundering.
Danske Bank Pleads Guilty to Fraud on U.S. Banks in Multi-Billion Dollar Scheme to Access the U.S.
Financial System
Danske Bank A/S (Danske Bank), a global financial institution headquartered in Denmark, pleaded
guilty today and agreed to forfeit $2 billion to resolve the United States’ investigation into Danske Bank’s
fraud on U.S. banks.
According to court documents, Danske Bank defrauded U.S. banks regarding Danske Bank
Estonia’s customers and anti-money laundering controls to facilitate access to the U.S. financial system for
Danske Bank Estonia’s high-risk customers, who resided outside of Estonia – including in Russia. The
Justice Department will credit nearly $850 million in payments that Danske Bank makes to resolve related
parallel investigations by other domestic and foreign authorities.
Justice Department Recovers Over $53M in Profits Obtained from Corruption in the Nigerian Oil Industry
The Justice Department announced today the final resolution of two civil cases seeking the forfeiture of
various luxury assets that were the proceeds of foreign corruption offenses and were laundered in and
through the United States. With the conclusion of the cases, the department has recovered roughly $53.1
million in cash – constituting the net liquidated value of the defendant’s assets – plus a promissory note
with a principal value of $16 million.
V. Recent IRS Criminal Investigations

Justice Department Secures Forfeiture of Maryland Property Purchased with $3.5 Million in Alleged
Corruption Proceeds Linked to Ex-President of The Gambia
The Department of Justice, pursuant to a court-ordered default judgment and final order of
forfeiture entered on May 24, has secured the forfeiture of a Potomac, Maryland, property acquired with
approximately $3.5 million in alleged corruption proceeds by the former President Yahya Jammeh of The
Gambia, through a trust set up by his wife, Zineb Jammeh.

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Turkish Businessman Extradited from Austria to Face Money Laundering and Wire Fraud Charges
A Turkish businessman was extradited from Austria to face money laundering, wire fraud and
obstruction charges.
Partner in Key West Labor Staffing Companies Sentenced for Tax, Immigration, and Money Laundering
Crimes
A partner in several Key West labor staffing companies was sentenced today to more than 24 years
in prison for tax, immigration, and money laundering crimes related to the operation of those businesses.
Justice Department Announces Total Distribution of Over $4 Billion to Victims of Madoff Ponzi Scheme
The Department of Justice announced today that the Madoff Victim Fund (MVF) began its eighth
distribution of approximately $372 million in funds forfeited to the U.S. government in connection with the
Bernard L. Madoff Investment Securities LLC (BLMIS) fraud scheme. In this distribution, payments will
be sent to 27,219 victims across the globe, bringing their total recovery to 88.35%. The total amount
distributed now exceeds $4 billion to more than 40,000 victims as compensation for losses they suffered
from the collapse of BLMIS.
Former Missouri Health Care Charity Executives Plead Guilty to Multimillion-Dollar Bribery and
Embezzlement Scheme
Two former executives of a Springfield, Missouri-based charity pleaded guilty yesterday to their
roles in a multimillion-dollar public corruption scheme that involved embezzlement and bribes paid to
multiple elected public officials in the state of Arkansas.
According to court documents, Bontiea Bernedette Goss, 63, and her husband, Tommy “Tom” Ray
Goss, 66, were high-level executives at Preferred Family Healthcare Inc., a charity that provided a variety
of services to individuals in Missouri, Arkansas, Kansas, Oklahoma, and Illinois, including mental and
behavioral health treatment and counseling, substance abuse treatment and counseling, employment
assistance, aid to individuals with developmental disabilities, and medical services. In exchange for the
bribes and kickbacks offered and paid by the Gosses and other co-conspirators, elected state officials in
Arkansas provided favorable legislative and official action for the charity, including, but not limited to,
directing funds from the state’s General Improvement Fund (GIF).
Seven Charged in Sophisticated Stolen Identity Tax Refund Fraud Scheme that Sought Over $100 Million
from the IRS
On March 7, a federal grand jury in Austin returned an indictment, unsealed today, charging seven
individuals with conspiracy to commit mail and wire fraud and other crimes arising out of their scheme to
defraud the IRS using stolen identities. The indictment charges each defendant with varying crimes,
including mail and wire fraud, conspiracy to commit mail and wire fraud, aggravated identity theft, money
laundering and access device fraud.
Los Angeles Businessman, Utah Fuel Plant Operators and Employees Sentenced to Prison for Billion-
Dollar Biofuel Tax Fraud Scheme
Five individuals were sentenced this week to prison for their roles in a $1 billion biofuel tax
conspiracy: Lev Aslan Dermen, aka Levon Termendzhyan, 56, was sentenced to 40 years; Jacob Kingston,
46, was sentenced to 18 years; Isaiah Kingston, 42, was sentenced to 12 years; Rachel Kingston, 67, was
sentenced to seven years; and Sally Kingston, 45, was sentenced to six years. According to court documents

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and testimony from Dermen’s 2020 trial, from 2010 to 2018, Dermen conspired with Jacob and Isaiah
Kingston, their mother, Rachel Kingston, Jacob Kingston’s wife, Sally Kingston, and others, to fraudulently
claim more than $1 billion in refundable renewable fuel tax credits. The IRS ultimately paid out more than
$511 million in credits to Washakie Renewable Energy (“Washakie”), a Utah biodiesel company owned by
Jacob and Isaiah Kingston. The Kingstons distributed the fraud proceeds among themselves and Dermen.
Dermen was found guilty after a seven-week jury trial of conspiracy to commit mail fraud,
conspiracy to commit money laundering and money laundering. In addition to the prison sentence, U.S.
District Judge Jill N. Parrish ordered Dermen to pay $442,615,520 in restitution to the IRS and imposed a
money judgment of more than $181 million against him.
Four Indicted for Money Laundering in Prolific Human Smuggling Network Takedown
A federal grand jury in the Southern District of Texas has returned a superseding indictment
charging four defendants with conspiracy to launder money. The new charges were filed against Erminia
Serrano Piedra, aka Irma, aka Boss Lady, 32, of Elgin, Texas; Oscar Angel Monroy Alcibar, aka Pelon, 40,
also of Elgin; Pedro Hairo Abrigo, 34, of Killeen, Texas; and Juan Diego Martinez-Rodriguez, aka Gavilan,
38, of Dale, Texas.
As alleged in the superseding indictment, the defendants conspired to engage in financial
transactions designed to conceal the nature, location, source, ownership, and control of ill-gotten proceeds
of illicit human smuggling and the unlawful harboring and transportation of undocumented aliens. The
leaders of the organization allegedly recruited and used straw persons to accept human smuggling proceeds
in their bank accounts and then transferred these proceeds to the leaders under the pretense of “work”
payments for construction. The defendants also allegedly used businesses and business accounts to transfer
the human smuggling proceeds. In addition, the defendants allegedly recruited individuals to accept human
smuggling proceeds in the form of cash in exchange for checks from the recruited individuals’ business
bank accounts.
Leader of International Money Laundering Network Sentenced for Laundering Millions of Dollars in Drug
Proceeds
A foreign national was sentenced today to 10 years in prison and ordered to forfeit $6 million for
conspiracy to commit money laundering after laundering millions of dollars of drug proceeds on behalf of
international drug trafficking organizations. According to court documents, from at least 2014 to 2020,
Jianxing Chen, 42, of Belize City, Belize, led and controlled a network of couriers who transported cash
generated by the sale of cocaine throughout the United States – including Chicago, Houston, Los Angeles,
New York, and Atlanta – from those locations to New York City. From there, the cash was laundered
through a variety of methods until it, or its equivalent value, was remitted to drug trafficking organizations
in Latin America, including Mexico. Chen received “contracts” to transport and launder this money through
co-conspirators who were prosecuted and convicted based on the same superseding indictment.
Former CEO of financial services firm pleads guilty to 150 million dollar investment fraud conspiracy
A Florida man pleaded guilty today to defrauding clients of his financial services firm. According
to court documents, in 2005, Roberto Gustavo Cortes Ripalda, of Key Biscayne, founded financial services
company Biscayne Capital. Between approximately 2013 and 2018, Cortes and others orchestrated a
scheme to defraud Biscayne Capital clients through a series of lies regarding how the firm would use client
funds. Cortes pleaded guilty to conspiracy to commit wire fraud. As part of his plea, Cortes agreed to a

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forfeiture judgment in the amount of $3.4 million. Cortes is scheduled to be sentenced on Jan. 12, 2024,
and faces a maximum penalty of 20 years in prison.