The new group will monitor the sanctions regime aimed at ousting Russia from world markets.

The new U.S. federal task force will work to put even more pressure on the finances of Russian oligarchs to force the Kremlin to stop its invasion of Ukraine. This was announced by the United States Department of Justice.

The interagency law enforcement group will be engaged in ensuring compliance with sanctions, export restrictions and economic countermeasures aimed at ousting Russia from world markets, Attorney General Merrick Garland said in a statement.

The name of the task force comes from the word “kleptocracy,” defined as corrupt people who abuse their powers to accumulate wealth at the expense of those they control.

“To those who support the Russian regime through corruption and evasion of sanctions: we will deprive you of asylum and bring you to justice,” said Lisa Monaco, Deputy Attorney General of the United States. “We warn the oligarchs: we will use all means to freeze and confiscate your criminal proceeds.”

The task Force will operate from Lisa Monaco’s office and will be responsible for investigating sanctions violations and prosecuting. He will use civil and criminal asset forfeiture laws to seize assets obtained illegally.

Washington and its allies are seeking to increase pressure on Russian President Vladimir Putin and his entourage to try to stop the invasion of Ukraine, the most brutal attack on a European state since World War II.

On Tuesday evening, President Joe Biden in his speech “On the state of affairs in the country” criticized Putin for Russian aggression against Ukraine and called for a fight against corrupt Russian oligarchs and top officials.

“We are joining our European allies to find and seize your yachts, your luxury apartments, your private planes. We are going after your dishonest earnings,” Biden said.