Posts Tagged ‘financing’
Coordinated Arrests and Charges Dismantle Hamas Terror Finance Network Raising Funds from the United States
The Justice Department announced today the unsealing of an indictment charging Saleem Alzaq, as well as the arrests of Omar Adhami, Abdel Adhami, and Raed Yousef, for their involvement in paying, soliciting and collecting funds for Hamas. In a coordinated law enforcement operation in France, three of Alzaq’s associates, Faouzi Barika, Amel Oualid, and Nordine…
Read MoreUzbek National Extradited to the United States to Face Charges for Providing Material Support to Foreign Terrorist Organizations
Davud Ansariy, a citizen of Uzbekistan and naturalized citizen of the United States, also known as “Kozimjon Gafurov” and “Kozim,” will be arraigned in federal court in Brooklyn this afternoon before U.S. Magistrate Judge Lara K. Eshkenazi on an indictment charging him with one count of conspiring and one count of provision of material support…
Read MoreJustice Department Continues to Disrupt Hamas Terrorist Financing Schemes Through Seizures of Cryptocurrency and Internet Infrastructure
Today the Justice Department announced the disruption of an ongoing scheme by Harakat al-Muqawama al-Islamiyya (Hamas) –— a designated Foreign Terrorist Organization — to raise funds for terrorist operations and recruit supporters. As part of the Department’s efforts, over $560,000 in cryptocurrency donations destined for Hamas were seized and its fundraising and recruitment communication platforms…
Read MoreMD man sentenced for unruly house parties awaits fate on terrorism charges
A Montgomery County Circuit Court judge sentenced a man Thursday to six months in jail and five years probation on charges of disturbing the peace in connection with a series of house parties he hosted — but that may be the least of his legal worries. Eric Tataw’s sentence will be suspended, as the 39-year-old…
Read MoreIRS proposal would force nonprofits to disclose fraud or terrorism convictions of leaders
The Trump administration is weighing a proposal to require nonprofits to disclose in their annual tax filings whether their top officials have been convicted of certain financial or terrorism-related crimes, sources with direct knowledge of the matter told CBS News. The IRS disclosure requirement would be added to the Form 990, the annual return that…
Read MoreSan Diego Resident Charged with Conspiring to Provide Material Support to Hamas
The Justice Department today announced the unsealing of a five-count complaint charging Reda Mazen Rida Sabassi, 38, of San Diego, California, with terrorism, sanctions-evasion, wire fraud, money laundering, and false statement charges in connection with his efforts to divert funds raised through purported charitable campaigns to Hamas and for personal use. Sabassi was arrested in…
Read MoreSeven members of major Islamic State financing network convicted
Europol supported the Belgian authorities in the successful conclusion of a complex counter-terrorism investigation, targeting an international network primarily composed of individuals of Chechen origin residing in Europe. The network was found to be deeply radicalised and actively engaged in supporting and financing the activities of the so-called Islamic State terrorist organisation. During the operation,…
Read MoreTreasury Department tells US banks to flag suspected Iranian money-laundering networks
The Treasury Department wants U.S. banks and other financial institutions to monitor for suspected Iranian money laundering networks that use their funds to smuggle sanctioned oil through shell companies and crypto networks. The move, which effectively deputizes the global financial system to help disrupt Iran’s sanctions-evasion infrastructure, comes as the U.S. and Iran reached another…
Read MoreFrench cement maker convicted of financing terror groups to keep its Syria plant working
A French court has fined the cement group Lafarge more than €1m (£870,000) and sentenced its former boss to six years in prison for paying protection money to Islamic State and other terror groups to maintain its business in war-torn Syria from 2013 to 2014. The ruling follows a 2022 case in the United States…
Read MoreNorth Texas man charged with trying to provide material support to ISIS, officials say
A Midlothian man has been charged with attempting to provide material support to a foreign terrorist organization after he brought bomb-making materials to an individual he thought was part of ISIS, authorities said. John Michael Garza Jr. was charged in a federal complaint with international terrorism, according to U.S. Attorney for the Northern District of…
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