On December 4th, 2023, Robert Wise, a New York attorney who managed luxury properties for sanctioned Russian oligarch Viktor Vekselberg, was sentenced for money laundering. However, he managed to avoid jail. Instead, U.S. District Judge Mary Kay Vyskocil sentenced the 83-year-old Wise to a year of home confinement, subsequently followed by a year of probation.
Wise’s duties for Vekselberg spanned across properties in both Manhattan and the Hamptons. This case forms part of broader investigations into financial malpractice linked to Russian oligarchs.
Of note, the government did not seek a prison sentence for Wise, largely due to his advanced age and health complications. Wise, who resides in Pelham, New York, pleaded guilty in April to one count of conspiracy to commit international money laundering. He was present at the sentencing hearing in a wheelchair, assisted by his son.
For more detailed information about the case, please visit the original article on Bloomberg Law.