"The Department of Justice announced today that, pursuant to a court-ordered default judgment and final order of forfeiture entered on Jan. 7, it has secured the forfeiture of two luxury Miami condominiums that were maintained, transferred, and leased in violation of U.S. sanctions against Russian national Viktor Perevalov," the DOJ said in a statement on Tuesday.
The properties are worth a total of $1.8 million and have been transferred to a limited liability company in order to conceal the owner's name. The proceeds generated from rent have been used to maintain the properties, the department added.
Perevalov became a target for US sanctions in 2018 because the VAD road construction company, owned by him and his partner, Valeri Abramov, has participated in the construction of the Tavrida Highway in Crimea.