jamieooh
12-17-2011, 06:26 PM
America’s cocaine habit 'funding Middle East terror gangs and war against Israel'
Businesses being sued for money-laundering schemes
U.S. Attorney Preet Bharara said it 'puts into stark relief the nexus between narcotics trafficking and terrorism'
By Daily Mail Reporter
America’s cocaine habit may be funding Iranian-backed terror and wars waged against Israel as well as drug violence in the West, prosecutors charge.
Federal authorities blamed Lebanese financial institutions for wiring more than $300 million into the United States in a money-laundering scheme they said used the U.S. financial system to benefit the militant group Hezbollah.
The U.S. government said in the lawsuit filed in a Manhattan federal court that it seeks nearly a half-billion dollars in money-laundering penalties from some Lebanese financial entities, 30 U.S. car buyers and a U.S. shipping company.
Seven firms are also being sued for funneling more than $480 million from Mexican drug deals and shady U.S. car sales to Hezbollah.
It also said it’s entitled to claim their assets as forfeitable under U.S. money-laundering laws.
Prosecutors said the $300 million was wired from Lebanon to the United States used to buy used cars and ship them to West Africa.
They said Hezbollah money-laundering channels were used to ship proceeds from the car sales and narcotics trafficking back to Lebanon.
Terror group: Seven firms are being sued for funneling more than $480 million from Mexican drug deals and shady U.S. car sales to Hezbollah which is designated as a terrorist group by the US authorities
Terror group: Seven firms are being sued for funneling more than $480 million from Mexican drug deals and shady U.S. car sales to Hezbollah which is designated as a terrorist group by the US authorities
Drug seize: Federal prosecutors allege that amounts of Colombian cocaine, pictured, was funneled to Mexico and then the U.S., with the proceeds profiting Hezbollah
Drug seize: Federal prosecutors allege that amounts of Colombian cocaine, pictured, was funneled to Mexico and then the U.S., with the proceeds profiting Hezbollah
The accusations came two days after an indictment in federal court in Alexandria, Virginia, accused fugitive Ayman Joumaa of leading a drug conspiracy that provided income for Hezbollah, an Iranian-backed Lebanese militant group that the U.S. has branded a terrorist organization.
The political party and terror outfit carried out the 1983 bombings of the U.S. embassy and Marine Corps barracks in Beirut that killed 368 people and more recently fought a month-long war against the Jewish state.
Joumaa is suspecting of running cocaine from Colombia into the hands of Los Zetas, one of Mexico’s most notorious criminal gang, which then moved it to the U.S.
A Washington-based Drug Enforcement Administration spokesman, Lawrence R. Payne, said in February that Joumaa’s organization laundered money using 50 used car lots in the United States.
October seize: Colombian police personnel from an anti-narcotics unit custody an illegal laboratory producing cocaine hydrochloride belonging to the ERPA.
Cars were exported to Lebanon and West Africa.
U.S. Attorney Preet Bharara said the civil case brought on Thursday reveals a massive international scheme in which Lebanese financial institutions - including banks and two exchange houses linked to Hezbollah - passed money through the U.S. financial system to launder narcotics trafficking and other criminal proceeds through West Africa and back into Lebanon.
The government said substantial portions of the cash were paid to Hezbollah, which has been designated by the U.S. State Department as a terrorist organization since 1997.
'The intricate scheme laid out in today’s complaint reveals the deviously creative ways that terrorist organizations are funding themselves and moving their money, and it puts into stark relief the nexus between narcotics trafficking and terrorism,' Mr Bharara said.
'Today, we are putting a stranglehold on a major source of that funding by disrupting a vast and far-flung network that spanned three continents.
Read more: http://www.dailymail.co.uk/news/article-2075310/America-s-cocaine-habit-funding-Middle-East-terror-gangs.html#ixzz1gpiEu6ls
Businesses being sued for money-laundering schemes
U.S. Attorney Preet Bharara said it 'puts into stark relief the nexus between narcotics trafficking and terrorism'
By Daily Mail Reporter
America’s cocaine habit may be funding Iranian-backed terror and wars waged against Israel as well as drug violence in the West, prosecutors charge.
Federal authorities blamed Lebanese financial institutions for wiring more than $300 million into the United States in a money-laundering scheme they said used the U.S. financial system to benefit the militant group Hezbollah.
The U.S. government said in the lawsuit filed in a Manhattan federal court that it seeks nearly a half-billion dollars in money-laundering penalties from some Lebanese financial entities, 30 U.S. car buyers and a U.S. shipping company.
Seven firms are also being sued for funneling more than $480 million from Mexican drug deals and shady U.S. car sales to Hezbollah.
It also said it’s entitled to claim their assets as forfeitable under U.S. money-laundering laws.
Prosecutors said the $300 million was wired from Lebanon to the United States used to buy used cars and ship them to West Africa.
They said Hezbollah money-laundering channels were used to ship proceeds from the car sales and narcotics trafficking back to Lebanon.
Terror group: Seven firms are being sued for funneling more than $480 million from Mexican drug deals and shady U.S. car sales to Hezbollah which is designated as a terrorist group by the US authorities
Terror group: Seven firms are being sued for funneling more than $480 million from Mexican drug deals and shady U.S. car sales to Hezbollah which is designated as a terrorist group by the US authorities
Drug seize: Federal prosecutors allege that amounts of Colombian cocaine, pictured, was funneled to Mexico and then the U.S., with the proceeds profiting Hezbollah
Drug seize: Federal prosecutors allege that amounts of Colombian cocaine, pictured, was funneled to Mexico and then the U.S., with the proceeds profiting Hezbollah
The accusations came two days after an indictment in federal court in Alexandria, Virginia, accused fugitive Ayman Joumaa of leading a drug conspiracy that provided income for Hezbollah, an Iranian-backed Lebanese militant group that the U.S. has branded a terrorist organization.
The political party and terror outfit carried out the 1983 bombings of the U.S. embassy and Marine Corps barracks in Beirut that killed 368 people and more recently fought a month-long war against the Jewish state.
Joumaa is suspecting of running cocaine from Colombia into the hands of Los Zetas, one of Mexico’s most notorious criminal gang, which then moved it to the U.S.
A Washington-based Drug Enforcement Administration spokesman, Lawrence R. Payne, said in February that Joumaa’s organization laundered money using 50 used car lots in the United States.
October seize: Colombian police personnel from an anti-narcotics unit custody an illegal laboratory producing cocaine hydrochloride belonging to the ERPA.
Cars were exported to Lebanon and West Africa.
U.S. Attorney Preet Bharara said the civil case brought on Thursday reveals a massive international scheme in which Lebanese financial institutions - including banks and two exchange houses linked to Hezbollah - passed money through the U.S. financial system to launder narcotics trafficking and other criminal proceeds through West Africa and back into Lebanon.
The government said substantial portions of the cash were paid to Hezbollah, which has been designated by the U.S. State Department as a terrorist organization since 1997.
'The intricate scheme laid out in today’s complaint reveals the deviously creative ways that terrorist organizations are funding themselves and moving their money, and it puts into stark relief the nexus between narcotics trafficking and terrorism,' Mr Bharara said.
'Today, we are putting a stranglehold on a major source of that funding by disrupting a vast and far-flung network that spanned three continents.
Read more: http://www.dailymail.co.uk/news/article-2075310/America-s-cocaine-habit-funding-Middle-East-terror-gangs.html#ixzz1gpiEu6ls