A secretive U.S-based financial manager who handled over $7 billion in investments for sanctioned Russian billionaire Roman Abramovich, has been charged by the Securities and Exchange Commission with failing to properly register with the regulatory agency.
Russian emigré Michael Matlin and his Concord Management LLC, which operated out of a nondescript office in Tarrytown, N.Y., allegedly placed billions of dollars in investments for a Russian national who was a former Russian official between 2012 and 2022, when the billionaire…
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