London offered Russian oligarchs what others could not. Today their luxury villas are falling into disrepair

London’s luxury "Moscow-on-Thames" has transformed from a Russian oligarch haven into a graveyard of frozen assets. Driven by historical financial deregulation and "golden visas," billions in property now sit in disrepair due to post-2022 sanctions. Experts warn that despite transparency reforms, London remains a global playground for opaque wealth.