Posts Tagged ‘financing’

The United States imposed sanctions on Tuesday targeting individuals and sham charities that it said were prominent financial supporters of the Palestinian groups Hamas and the Popular Front for the Liberation of Palestine. The individuals and groups targeted were funding Hamas’ military wing under the pretense of doing humanitarian work, in Gaza and internationally, the…

The U.S. Department of State’s Rewards for Justice (RFJ) program, which is administered by the Diplomatic Security Service, has a standing reward offer of up to $10 million for information leading to the disruption of the financial mechanisms of the terrorist organization Hizballah. Under this reward offer, RFJ is requesting information on Hizballah Financial Networks…

The RCMP says a 36-year-old man from Toronto has pleaded guilty to two charges in what the force calls the largest terrorism financing scheme in Canada’s history. Mounties say Khalilullah Yousuf used cryptocurrency and money transfers to fund a terrorist organization outside of Canada between September 2019 and December 2022. They say Yousuf admitted in court…

A Springfield, Virginia, man was sentenced yesterday to 364 months in prison for his efforts to provide material support to the Islamic State of Iraq and al-Sham (ISIS), a designated Foreign Terrorist Organization. According to court records and evidence presented at trial, from at least October 2019 through October 2022, Mohammed Azharuddin Chhipa, 35, collected…

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating five individuals and three associated companies involved in a Lebanon-based sanctions evasion network supporting the Hizballah finance team. The Hizballah finance team manages a variety of lucrative commercial projects and oil smuggling networks, often in conjunction with Iran’s Islamic Revolutionary…

A 32-year-old man from North Holland was arrested Wednesday on suspicion of financing terrorism through Bitcoin transactions and violating the Dutch Sanctions Act. The arrest was made and reported by the Dutch Fiscal Information and Investigation Service (FIOD). Authorities searched the suspect’s residence, seizing mobile phones and other digital storage devices as part of the…

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…

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…