Two Florida Steel Traders Sentenced for Money Laundering and Russia Sanctions Violations

Last week in Florida, John Can Unsalan (aka Hurrem Can Unsalan), the president of Metalhouse LLC, was sentenced to six years in prison for conspiracy to commit money laundering to assist Sergey Kurchenko, a pro-Russian Ukrainian oligarch and fugitive. Sergey Karpushkin, a Belarusian national residing in Miami, was sentenced to 21 months in prison for his role in the scheme. Unsalan pleaded guilty and was ordered to forfeit $160 million. Karpushkin pleaded guilty to conspiring to commit international money laundering and was ordered to forfeit $4.7 million. The co-conspirators intentionally...