The Rocky Mountain mansion owned by Roman Abramovich, a Russian oligarch targeted by the Western sanctions, could be among the first assets frozen by the U.S. government under the U.S. KleptoCapture initiative. The 14,000-square-foot modern mega-home on 200 acres in Snowmass, Colorado, is just outside the glamorous Aspen.
The U.S. Government started to call out Russian oligarchs as kleptocrats. On 2 March 2022, the U.S. Government announced the multilateral enforcement taskforce KleptoCapture, FinTelegram reported. As part of the effort to target the Oligarchs a/k/a kleptocrats, the U.S. Treasury also launched the Kleptocracy Asset Recovery Rewards Program (KARP).