This browser does not support the Video element.
FBI raiding DC home belonging to Russian oligarch
The FBI is currently conducting a raid at a home near D.C.'s Embassy Row neighborhood that belongs to a Russian oligarch.
WASHINGTON - The Federal Bureau of Investigation is currently raiding a home belonging to Russian oligarch Oleg Deripaska near D.C.’s Embassy Row neighborhood on Tuesday.
READ MORE: New video shows Capitol riot suspects accused of attacking a female media member
The FBI has confirmed that it’s investigating a home at 2501 30th Street, Northwest, but declined to elaborate on the nature of the investigation..
Fox News described Deripaska as a billionaire energy tycoon with ties to Russian President Vladimir Putin.
He was sanctioned by the Treasury Department under the Trump administration in 2018.
READ MORE: Capitol Hill bomb threat suspect in custody
"The Russian government operates for the disproportionate benefit of oligarchs and government elites," then-Treasury Secretary Steven Mnuchin said in a statement at the time.
Download the FOX 5 DC News App for Local Breaking News and Weather
Deripaska consequently sued, saying the sanctions hurt his wealth, reputation and economic livelihood. A U.S. judge ruled against him in June.
Fox News contributed to this report