Inner City Press





In Other Media-eg NYLJ Fortune 2023, CJR, NY Mag, AJE, Georgia, CSM Click here to contact us     .



These reports are usually available through Google News and on Lexis-Nexis
,



Share |   

Follow on TWITTER

Home -

These reports are usually available through Google News and on Lexis-Nexis

CONTRIBUTE

(FP Twitterati 100, 2013)

ICP on YouTube

BloggingHeads.tv
Sept 24, 2013

UN: Sri Lanka

VoA: NYCLU

FOIA Finds  

Google, Asked at UN About Censorship, Moved to Censor the Questioner, Sources Say, Blaming UN - Update - Editorial

Support this work by buying this book

Click on cover for secure site orders

also includes "Toxic Credit in the Global Inner City"
 

 

 


Community
Reinvestment

Bank Beat

Freedom of Information
 

How to Contact Us



For Sanctions Violating for Russian Kostin Vadim Wolfson Has June 2025 SDNY Trial Set

by Matthew Russell Lee, Patreon Book Substack

SDNY COURTHOUSE, Sept 26 –  Vadim Wolfson, charged with violating US sanctions for and with Andrey Kostin, was arraigned on March 18 before U.S. District Court for the Southern District of New York Magistrate Judge Gary Stein. Inner City Press was there, the only media in the SDNY Mag Court, and got some exclusive material, link below. Thread: 

Vadim Wolfson has retained counsel (with two more in the gallery). 

Judge Stein: Welcome to the SDNY.

We are here for an arraignment. Mr. Wolfson you are charged with conspiracy to violate IEEPA, with regard to Mr. KostinJudge: The indictment references $12 million transferred to Mr. Kostin. You are alleged to have caused US persons including US financial institutions to deal with Mr. Kostin which they were not permitted do, and using a shell entity. There's a forfeiture allegation

Judge: How do you plead? Vadim Wolfson: Not guilty. AUSA: We have agreed to a $1 million bond, 50% secured. We want 2 financially responsible co-signers, he wants one. Also, we want GPS monitoring. Travel limited to WDTX, SDNY and EDNY - also CDCA for business

 AUSA: We believe there is a risk of flight. As the pre-trial services report reflects, he has only resided in the US since 2020. He has passports from Russia, Cyprus, Israel and the US. He has lived in Russia and Cyprus, extradition is difficult.AUSA: He has family living in Germany and Russia, and business in the UK. He had assets for $13 million, now updated to $20 million. He could flee... This concerns a house in Aspen, there is evidence he transferred to an entity under Kostin's control

 AUSA: Their relation goes back for years. The defendant's employee acknowledged that Andre Kostin had been sanctions. They had the property manager sign a NDA, about any prior owners Judge: Are there sizable assets outside the US? AUSA: Not listed - but yes

Judge: What happened in the WDTX? AUSA: My understanding is the Magistrate Judge thought we should have asked to detain him, so didn't impose GPS [?] Wolfson's lawyer: Mr. Wolfson when asked not to by the US not to travel to Israel, did not

Judge: No contact with witnesses except the CFO

[identified in court, and now on X for Subscribers here and Substack here

On March 19, Wolfson appeared with a co-defendant (not Kostin) and got his next date in June: "proceedings held before Judge Gregory H. Woods: Pretrial Conference as to Vadim Wolfson, Gannon Bond held on 3/19/2024.  Initial Conference held. A next status conference is scheduled for June 25, 2024, at 10:00 a.m."

On April 22, Wolfson's counsel filed a complaint about the prosecutors' filter team and its asserted lack of transparency. He wants to be show his list of attorney's only to the filter team and not the prosecution team.

On September 26, another conference: "Minute Entry for proceedings held before Judge Gregory H. Woods: Status Conference as to Vadim Wolfson, Gannon Bond held on 9/26/2024.  Discovery produced on a rolling basis, not yet complete. The Court will set a schedule for pretrial submissions by separate order. The Court scheduled a jury trial for June 16, 2025. The time between today and June 16, 2025 is excluded from the Speedy Trial Clock in the interest of justice. Bail continued as to both defendants." Inner City Press will continue to cover the case

The case is US v. Kostin, et al., 24-cr-91 (Woods / Stein)

***

Your support means a lot. As little as $5 a month helps keep us going and grants you access to exclusive bonus material on our Patreon page. Click here to become a patron.

sdny

Feedback: Editorial [at] innercitypress.com
SDNY Press Room 480, front cubicle
500 Pearl Street, NY NY 10007 USA

Mail: Box 20047, Dag Hammarskjold Station NY NY 10017

Reporter's mobile (and weekends): 718-716-3540



Other, earlier Inner City Press are listed here, and some are available in the ProQuest service, and now on Lexis-Nexis.

 Copyright 2006-2024 Inner City Press, Inc. To request reprint or other permission, e-contact Editorial [at] innercitypress.com