The United States is auctioning off the $325 million yacht Amadea, its first sale of a seized Russian luxury ship since the start of Moscow’s invasion of Ukraine. The auction, which closes Sept. 10, ...

A colossal mega yacht, once the cherished possession of a powerful Russian oligarch but now seized by authorities following the attempted invasion of Ukraine, is up for auction. It's estimated that it ...

The yacht, called the Scheherazade, appeared ready to set sail early this week after it was refloated and stocked with food and fuel.

WASHINGTON (AP) — The United States is auctioning off the $325 million yacht Amadea, its first sale of a seized Russian luxury ship since the start of Moscow’s invasion of Ukraine. The auction, which ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. PALMA DE MALLORCA, Spain (AP) — The U.S.

The Justice Department alleged that Viktor Vekselberg used shell companies to cover his ownership interest in the yacht and evade bank oversight of related transactions.

From chasing down yachts to seizing Italian villas, the global effort to punish Russian oligarchs for their financial ties to Vladimir Putin's invasion of Ukraine has been unprecedented. For its part, ...