Tag: Sergey Kurchenko

Two key figures in the Florida-based steel trading company, Metalhouse LLC, have been sentenced after pleading guilty to multiple charges involving money laundering and breaches of U.S. sanctions. John Can Unsalan, the president of Metalhouse LLC, has been sentenced to six years in prison and ordered to forfeit $160 million. Sergey Karpushkin, a Belarusian national residing in Miami, received a 21-month prison sentence and was ordered to forfeit $4.7 million.

John Can Unsalan, a/k/a Hurrem Can Unsalan, 41, from Orlando and head of Metalhouse LLC, admitted to conspiring in money laundering activities that violated U.S. sanctions. He was involved in transactions exceeding $150 million in metal products from businesses owned by the sanctioned oligarch Sergey Kurchenko, who faced sanctions from the Department of the Treasury Office of Foreign Assets Control (OFAC) in 2015 due to misappropriation of Ukrainian state assets.