Steel Trader Sentenced to Six Years, $160 million Forfeiture

Posted 4/20/24

The president of Orlando, Florida-based steel trading firm Metalhouse LLC, was sentenced to six years in prison for conspiracy to commit money laundering to promote violations of U.S. sanctions against Sergey Kurchenko, a pro-Russian Ukrainian oligarch.   A business associate, a Belarusian national residing in Miami, was sentenced to 21 months in prison for his role in the scheme.

This item is available in full to subscribers.

Please log in to continue

Log in