Russian Bank Founder Arrested in Austin for Allegedly Helping Oligarch Evade Sanctions
• Russian national Vadim Wolfson arrested in Austin, founder of major Russian bank
• Arrest part of federal case related to violating sanctions and money laundering
• Wolfson and others allegedly helped Russian oligarch Andrey Kostin hide assets worth tens of millions
• Kostin is close to Vladimir Putin and was sanctioned by U.S. in 2018
• Wolfson moved to U.S. around 2018, recently purchased nearly $10 million in Austin properties