[babelthuap]

Much sympathy. My spouse had a 401K with a portion of it in "Mediterranean assets". She got a letter saying those were Russian assets in reality. All gone, sorry.

It however worked out better by default. She was so infuriated she closed the 401K and bought an investment property which we work on together. I haven't seen her this excited in a while. We work on the property on the weekend together.

[jacquesm]

Ouch, that sucks. But you may well have cause to go after whoever sold you that bill of goods. Props to you for how you handled it, I hope it wasn't too much money. Over the years I've become more and more conservative as an investor, in part on account of stories like yours. If it's a REIT I want to see an assets list. Note that the fact that it is 'all gone' may well be an indication that you are being defrauded, it's not 'gone' nor is the asset manager off the hook. So I'd definitely look into recovery options and if you are the only one or one of a few to do that there is some chance you'll see some of your money back. Best of luck!!

[walterbell]

Some assets were traded by US buyers in 2022, https://markets.businessinsider.com/news/bonds/russian-bonds...