Roman Abramovich Faces Probe After Moving Assets to an Island in the English Channel

ST. HELIER, Jersey — For years authorities on this small island in the English Channel have tried to clean up its image as a tax haven for the super rich, marketing it as a well-governed offshore financial center enshrined in the rule of law.

The makeover helped draw billions of dollars in new assets to the territory from other well-known, but scandal-plagued havens like the British Virgin Islands and the Cayman Islands. Part of that migration of money: Russian oligarch Roman Abramovich, who has increasingly concentrated his wealth here. The island has offered him residency and became the home to some of his closest advisers.

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