Estonia

Tekhnika Tn 33-9, Tallinn, 10613, Estonia

14783081, Tax ID No.

Schmucki owns or controls more than a dozen companies around the world, including Russia-based East Star Investments Limited and Limited Liability Company Novenko Russlend; Malta-based RB Holding Limited and RB Consulting Limited; Cyprus-based Robarin Ltd; Singapore-based Wealthing Holding PTE Ltd; Hong Kong-based Welmart Group Limited and Kraverton Construction and Development Limited; Estonia-based Schloss Holding OU, Cryptovenience OU, and Cryptanet OU; and United Kingdom-based Saling Development LP, Welmart Group LP, and Kraverton LP. Welmart Group Limited is an apparent shell company likely used by Schmucki to purchase diamonds. East Star Investments Limited, Limited Liability Company Novenko Russlend, RB Holding Limited, RB Consulting Limited, Robarin Ltd, Wealthing Holding PTE Ltd, Welmart Group Limited, Kraverton Construction and Development Limited, Schloss Holding OU, Cryptovenience OU, Cryptanet OU, Saling Development LP, Welmart Group LP, and Kraverton LP were designated pursuant to E.O. 14024 for being owned or controlled by, or for having acted or purported to act for or on behalf of, directly or indirectly, Schmucki.

https://home.treasury.gov/news/press-releases/jy1494

2023-05-19

US

Executive Order 14024 of April 15, 2021 Blocking Property With Respect To Specified Harmful Foreign Activities of the Government of the Russian Federation

OFAC country specific

Russia

Blocking Property, Suspending Entry, Trade sanctions

• https://ofac.treasury.gov/faqs/1127 • https://ofac.treasury.gov/faqs/1029

In response to the Russian Federation’s continued use of its military-industrial base to support its aggression against Ukraine, the President has issued an Executive Order (E.O.) amending E.O. 14024 that provides the Office of Foreign Assets Control (OFAC) with new authorities to target foreign financial institutions for engaging in certain transactions. Foreign financial institutions that conduct or facilitate significant transactions or provide any service involving Russia’s military-industrial base run the risk of being sanctioned by OFAC. The United States and partners have put in place a sanctions and export controls regime that has severely restricted Russia’s ability to import many of the items that directly support its brutal and unjustified war against Ukraine. As a result, Russia is increasingly using third countries to evade sanctions and continue its procurement of certain critical items. The United States and partners have published multiple advisories, including detailed red flags, to warn the private sector about Russian sanctions evasion in support of its war machine and to support compliance efforts. OFAC’s new targeting authorities, which are aimed at foreign financial institutions that provide services to, or engage in significant transactions relating to, Russia’s military-industrial base, come as a natural evolution of OFAC’s work to counter evasion and hold accountable those perpetuating Russia’s war against Ukraine, including financial facilitators. OFAC is issuing this advisory to provide guidance to foreign financial institutions on the amendments to E.O. 14024, including practical guidance on how to identify sanctions risks and implement corresponding controls. For additional guidance on this E.O., please see FAQs 1146–1157.

SDN / NS-MBS / CAPTA