Posts Tagged ‘financing’
Justice Department Disrupts Hamas Terrorist Financing Scheme Through Seizure of Cryptocurrency
The Justice Department announced the disruption of an ongoing terrorist financing scheme through the seizure of approximately $201,400 in cryptocurrency held in wallets and accounts intended to benefit Harakat al-Muqawama al-Islamiyya (Hamas). The seized funds were traced from fundraising addresses purportedly controlled by Hamas that were used to launder more than $1.5 million in virtual…
Read MoreU.S. charges Tajik man living in New York with conspiring to help ISIS
A Tajik man living in New York was arrested and charged with conspiring to provide material support to the ISIS and ISIS-K terrorist groups, according to court documents unsealed Wednesday. Federal prosecutors alleged that Mansuri Manuchekhri, a Tajik national who was illegally living in Brooklyn, facilitated the transfer of over $70,000 to ISIS-affiliated individuals in…
Read MoreArizona Woman Pleads Guilty in Fraud Scheme That Illegally Generated $17 Million in Revenue for North Korea
Christina Marie Chapman, 48, of Litchfield Park, Arizona, pleaded guilty today in U.S. District Court in Washington D.C. in connection with a scheme that assisted overseas IT workers—posing as U.S. citizens and residents—in working at more than 300 U.S. companies in remote IT positions. The scheme generated more than $17 million in illicit revenue for…
Read MoreVirginia man charged in FBI sting with supporting Islamic State found guilty
A Virginia man accused of funneling tens of thousands of dollars to the Islamic State group was found guilty on all counts. On Monday his defense lawyer told jurors 35-year-old Mohammed Chhipa of Springfield, Virginia was a lonely man looking for a wife and relentlessly targeted by FBI sting operations, including one undercover operative who…
Read MoreHouse passes bill that would allow Treasury to target nonprofits it deems to support terrorism
The U.S. House passed legislation Thursday that would give the Treasury Department unilateral authority to strip the tax-exempt status of nonprofits it claims support terrorism, alarming civil liberties groups about how a second Trump presidency could invoke it to punish political opponents. The bill passed 219-184, with the majority of the support coming from Republicans…
Read MoreHouse passes bill that would allow Treasury to target nonprofits it deems to support terrorism
The U.S. House passed legislation Thursday that would give the Treasury Department unilateral authority to strip the tax-exempt status of nonprofits it claims support terrorism, alarming civil liberties groups about how a second Trump presidency could invoke it to punish political opponents. The bill passed 219-184, with the majority of the support coming from Republicans…
Read MoreTreasury Targets Syrian Conglomerate Funding Qods Force and Houthis
Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 26 companies, individuals, and vessels associated with the Al-Qatirji Company, a Syrian conglomerate responsible for generating hundreds of millions of dollars in revenue for Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and the Houthis through the sale of Iranian oil to Syria…
Read MoreFrench cement maker Lafarge to face trial on terrorism funding charges
Cement maker Holcim’s Lafarge will face trial in a French court on charges that its Syrian subsidiary financed terrorism and breached European sanctions in order to keep a plant operating, France’s anti-terrorism prosecutor and a lead plaintiff said. Lafarge, which became part of Swiss-listed Holcim in 2015, has been the subject of an investigation into…
Read MoreUnited States and Canada Target Key International Fundraiser for Foreign Terrorist Organization PFLP
Today, in a joint action with Canada, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated the Samidoun Palestinian Prisoner Solidarity Network, or “Samidoun,” a sham charity that serves as an international fundraiser for the Popular Front for the Liberation of Palestine (PFLP) terrorist organization. The PFLP, which was designated as…
Read MoreCyprus arrests eight on suspicion of terrorism funding, say police
Police in Cyprus on Thursday detained eight individuals for questioning on allegations they were involved in raising funds for a designated terrorist group in a third country, authorities said. The suspects, seven men and a woman, all from Syria, were arrested in morning raids by police in the towns of Limassol and Paphos. There was…
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