The U.S. Is Desperate to Sell a Seized Megayacht as It Can't Afford to Keep Paying for It
15 Feb 2024, 09:57 UTC · By: Elena Gorgan / Federal prosecutors say seized Amadea costs at least $600,000 a month to maintain, so they want to sell it before ownership is established
$325 Million Amadea Megayacht Is Caught in a Legal War as U.S. Moves to Claim It
24 Oct 2023, 09:24 UTC · By: Elena Gorgan / The U.S. government is seeking forfeiture of the arrested vessel, while another billionaire has claimed ownership and is suing to have it released to him
Seized Russian Oligarchs’ Superyachts Are in for a Very Expensive “Legal Purgatory”
22 Nov 2022, 03:23 UTC · By: Otilia Drăgan / The infamous Amadea is currently costing U.S. taxpayers around $10 million per year, and the future isn't looking any better
A New Wave of Russian Superyachts Seizures Is Coming, U.S. Authorities Say
14 Nov 2022, 03:20 UTC · By: Otilia Drăgan / The director of the US KleptoCapture Task Force sends an aggressive message to the sanctioned Russian oligarchs, warning that their superyachts are not safe
Seized $325 Million Amadea Megayacht Relocated Because It Attracts Too Much Attention
29 Aug 2022, 05:42 UTC · By: Elena Gorgan / Amadea is owned by sanctioned Russian oligarch Suleiman Kerimov but was seized in Fiji in April, and has since become U.S. property
U.S. Authorities Seized What Could Be a Multimillion-Dollar Rare Masterpiece from Amadea
22 Jul 2022, 04:41 UTC · By: Otilia Drăgan / The U.S. authorities found and seized not just incriminating evidence on board the infamously seized Amadea, but also what could be an ultra-rare masterpiece.
Seized $325 Million Superyacht Amadea Arrives in Hawaii, Is U.S. Taxpayers’ Problem Now
18 Jun 2022, 04:04 UTC · By: Elena Gorgan / After a lengthy and highly-mediated court battle, Amadea is now fully under U.S. control after arrest in Fiji in April, under current sanctions against Russia
The Infamous Amadea With U.S. Marshals On Board Sailing to an Unusual Destination
14 Jun 2022, 00:55 UTC · By: Otilia Drăgan / The spectacular Amadea will become a symbol of the U.S. fight against Russian oligarchs, but its thrilling saga isn't over. Where are authorities taking it?
Russian Gold Tycoon’s $300M Superyacht Amadea Will Finally Leave Fiji Waters
7 Jun 2022, 13:02 UTC · By: Monica Coman / The Amadea superyacht has had so many twists and turns these past few months and is now to officially leave Fiji waters.
The $325M Elusive Superyacht Amadea Slips Through the Fingers of U.S. Authorities
3 Jun 2022, 00:54 UTC · By: Otilia Drăgan / It's hard to believe, but this massive superyacht turns out to be impossible to move, metaphorically of course. Authorities still can't whisk it away
The Crew On Board Russian Gold Tycoon’s Superyacht Refused to Sail With U.S. Authorities
1 Jun 2022, 00:43 UTC · By: Otilia Drăgan / "Seize me if you can" - the cat-and-mouse game between the now-infamous Amadea superyacht in Fiji and the U.S. authorities seems to be never-ending
The U.S. Will Sail the Seized $325 Million Amadea Superyacht Within Days
28 May 2022, 04:09 UTC · By: Elena Gorgan / The Fiji Court of Appeal dismissed an appeal to halt the seizure, which means Amadea is now U.S. property and will have to leave the island
Superyacht Amadea Is Too Expensive for Fiji, at $1 Million a Week in Maintenance Costs
14 May 2022, 04:03 UTC · By: Elena Gorgan / Fiji authorities want the controversial megayacht gone because it costs too much to maintain it. Amadea has been stuck there since it was arrested in April
The U.S. Can’t Sell Seized Billionaires’ Superyachts (Yet), So They’re Floating Money Pits
10 May 2022, 07:50 UTC · By: Elena Gorgan / The difference between a floating palace and a floating money pit is in the lack of a legal framework and precedents for the sale of seized assets of this kind
Billionaire Owner of $325M Amadea Spent Over $500K on Fuel Trying to Flee Sanctions
8 May 2022, 09:00 UTC · By: Elena Gorgan / Megayacht Amadea has been detained in Fiji for weeks, and holds the record for longest and most expensive trip trying to avoid sanctions
The U.S. Has to Pay $30 Million in Annual Running Costs for Seized Amadea Megayacht
8 May 2022, 05:45 UTC · By: Elena Gorgan / Once the appeal on seizure is heard, the U.S. will move Amadea into territorial waters and may proceed to sell it auction. Until then, it has to pay
After a Month of Controversy, Russian Gold Magnate’s Superyacht Snatched by the U.S.
4 May 2022, 01:02 UTC · By: Otilia Drăgan / After Tango, another stunning superyacht is captured by the U.S. after it had crossed the Pacific thinking it would be safe and after a controversial lawsuit
The U.S. Can’t Figure Out Who Really Owns the $325M Amadea, Police Forces Still on Board
29 Apr 2022, 01:50 UTC · By: Otilia Drăgan / The U.S. can't get its paws on the megayacht of a sanctioned Russian billionaire because of a mind-boggling ownership dispute
Russian Gold King’s Megayacht Trapped in Fiji as the U.S. Is Trying to Seize It
20 Apr 2022, 07:53 UTC · By: Elena Gorgan / Amadea, the Lurssen megayacht that tried to flee to safety, is now in limbo in Fiji, where local and U.S. authorities are trying to impound it
Russian Gold Tycoon’s Megayacht Crossed the Ocean for Nothing, Its Crew Detained in Fiji
15 Apr 2022, 03:39 UTC · By: Otilia Drăgan / The giant and ultra-luxurious Amadea apparently won't be arriving in Russia. After 18 days on the Ocean, its crew was detained in Fiji, its fate still unknown