US Attorney General Merrick Garland has launched Task Force KleptoCapture, an interagency law enforcement task force dedicated to enforcing sanctions imposed in response to Russia’s invasion of Ukraine.

       President Joe Biden announced the new measures in concert with US allies in Tuesday night’s State of the Union address.

       Steps have been taken to isolate Russia from global markets and impose serious costs for the unprovoked war on its neighbour, by targeting “the crimes of Russian officials, government-aligned elites, and those who aid or conceal their unlawful conduct”.

       “The Justice Department will use all of its authorities to seize the assets of individuals and entities who violate these sanctions,” said Mr Garland. “We will leave no stone unturned in our efforts to investigate, arrest, and prosecute those whose criminal acts enable the Russian government to continue this unjust war. Let me be clear: if you violate our laws, we will hold you accountable.”

       “To those bolstering the Russian regime through corruption and sanctions evasion: we will deprive you of safe haven and hold you accountable,” said Deputy Attorney General Lisa Monaco.

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       “Oligarchs be warned: we will use every tool to freeze and seize your criminal proceeds,” she added.

       Task Force KleptoCapture will be run out of the office of the deputy attorney general and staffed with prosecutors, agents, analysts, and professional staff across the department who are experts in sanctions and export control enforcement, anti-corruption, asset forfeiture, anti-money laundering, tax enforcement, national security investigations, and foreign evidence collection.

       The mission of the group is to investigate and prosecute violations of new and future sanctions imposed in response to the Ukraine invasion, as well as sanctions imposed for prior instances of Russian aggression and corruption.

       In addition, it will combat unlawful efforts to avoid restrictions taken against Russian financial institutions, including prosecuting anyone who attempts to evade know-your-customer and anti-money laundering measures.

       There will also be a focus on targeting the use of cryptocurrency to evade sanctions or launder money.

       Finally, the task force will use civil and criminal asset forfeiture authorities to seize assets belonging to sanctioned individuals or assets identified as the proceeds of unlawful conduct. This will include “personal real estate, financial, and commercial assets”.

       Numerous law enforcement agencies will participate in enforcement, including the FBI; US Marshals Service, US Secret Service, the IRS, and the Department of Homeland Security.

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       Criminal offences that individuals could face include conspiracy to defraud the US, money laundering, and bank fraud.

       Maximum penalties for several of these top out at 20 years in prison.