Money Laundering

Cold war heats up between Washington and Hezbollah



As power structures shift in the Middle East, experts say Western pressure on Hezbollah will continue to mount as the group risks losing the support provided by the regime of embattled Syrian President Bashar al-Assad.

Feds: Tampa car dealer received millions in Hezbollah-related money-laundering scheme



By DANNY VALENTINE
 
A Tampa used car dealer received more than $3 million from Hezbollah-related organizations as part of a large money-laundering scheme designed to funnel cash to the terrorist group, the U.S.
 
The cash from those car sales was then taken, along with money from drug trafficking and other crimes, to Lebanon. Hezbollah members and supporters were involved at various points, including financing and facilitating the purchase of some of the used cars.
 

 

Subscribe to RSS - Money Laundering