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Russian oligarchs, their relatives and associates began moving wealth in ways “indicative of corruption and sanctions evasion” starting around the time of Russia’s invasion of Ukraine in February, the U.S. financial intelligence unit said Thursday.

In a six-page advisory, the Financial Crimes Enforcement Network disclosed that 454 of 7,000 suspicious activity reports filed from March 1 to Oct. 31 and subsequently reviewed by the bureau showed that many Russian oligarchs transferred their ownership of companies, trusts or accounts to their children and other family members, as well as to business partners.

They also acquired luxury goods such as jewelry and art and transferred funds from accounts in Russia to the U.S. and elsewhere to buy real estate. The transactions flagged by the SARs amounted to billions of dollars, according to FinCEN, and most often involved Europe, especially Switzerland and the United Kingdom.