Steel Traders Guilty in Sanctions Plea

Posted 10/4/23

Both Florida men arrested this Spring in a scheme to launder funds for the fugitive "Gas King of Ukraine," through a Florida metals service center have entered guilty pleas.

John Can Unsalan, president of Orlando-based Metalhouse, LLC, and Sergey Karpushkin, a Belarusian citizen from Miami, and were indicted and arrested in April for engaging in a $150 million scheme to violate U.S. sanctions against Russian oligarch Sergey Kurchenko and his two companies. As set forth in court filings, between July 2018 and October 2021, Unsalan and Karpushkin conspired to transfer over $150 million to Kurchenko and sanctioned companies under Kurchenko’s control.

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