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Corruption

Stop U.S. Enablers of Putin

It’s time to stop Putin and other corrupt despots around the world from hiding, protecting, and growing their stolen money in the U.S.

August 23, 2022

(Illustration: Renzo Velez / POGO, Leslie Garvey / POGO; Photos: Kremlin.ru, CC BY 4.0)

The war in Ukraine has now been ongoing for over half a year. And as the American people have stood in admiration of and support for the people of Ukraine, our government has offered support in a number of ways. Among these are sanctions targeting the wealth of Russian kleptocrats who support Russian president Vladimir Putin.

But Putin’s cronies have found ways around these sanctions, loopholes that allow them to send their stolen money to the U.S., where they use our financial system and those who work within it to launder their ill-gotten gains.

That’s why we need to stop allowing certain U.S. professionals like lawyers, accountants, and investment advisors, from helping kleptocrats and criminals hide their money behind a daisy chain of anonymous shell companies or trusts and invest it in U.S. investment funds and markets. Full stop.

This is what the ENABLERS Act seeks to do. Tell your Senators to support it.

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