Denis Katsyv

Denis Katsyv is a businessman with multiple nationalities, including Ukrainian, Russian, and Israeli, and is based in Moscow. He is the owner of Prevezon Holdings Limited, a company that has been involved in various business dealings. Katsyv's business activities have extended beyond Russia, with investments in real estate in the United States. However, these investments have also led to legal issues, including a civil forfeiture case related to allegations of money laundering.

The civil forfeiture case against Prevezon Holdings Limited was settled in 2017, with the company agreeing to pay $5.9 million to the United States Justice Department. The settlement was made in relation to violations of the Magnitsky Act of 2012, which was enacted to target individuals and entities involved in human rights abuses and corruption. Notably, the case did not allege that Katsyv or his company were directly or indirectly responsible for the death of Sergei Magnitsky, a Russian auditor who died in custody after uncovering a major corruption scheme. The settlement marked the end of the legal proceedings against Prevezon Holdings Limited, but its details highlight the complexities and challenges faced by Katsyv in his business dealings.