Terrorism Financing

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.

DEA Raids Car Dealership with Alleged Ties to Terrorist Group Hezbollah

Drug Enforcement Administration agents have raided an Oklahoma car dealership that the government suspects may be one of about 30 such businesses in the U.S. involved in funding the terrorist group Hezbollah.

DEA agents say the car lot of Ace Auto Leasing in Tulsa is part of a huge network that is selling cars and drugs -- and then using the money to support terrorism against the U.S., myfoxphoenix.com reports.
 

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.
 

 

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