"YALTA, Crimea — In the scramble for Crimea’s spoils, armed forces have raided myriad enterprises across the peninsula, expelling the owners and claiming the property for the Crimean government."
"Since Russia annexed the Black Sea peninsula 10 months ago, more than $1 billion in real estate and other assets have been stripped from their former owners, according to estimates from the owners and lawyers....Property seizures on such a sweeping scale have not occurred since the Russian Revolution, owners said. Many have argued in court that the confiscations violate a clause in the Russian Constitution mandating compensation when the government takes property. But given the triumphant mood in Moscow about the annexation, the owners expressed little hope for redress."
Crimean authorities deny they are confiscating properties; it is a "process of forced compensation."