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Wednesday 16 August 2017
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Cars for Terrorists – Car Pro News

A federal complaint contends that U.S.-based car buyers received almost a quarter billion dollars to purchase and ship used vehicles as part of an international money-laundering scheme involving Lebanon-based terrorist group Hezbollah.
The civil action pending in U.S. District Court in New York City seeks forfeiture of assets from several Middle Eastern financial institutions and 30 used-car buyers and exporters. The U.S. Attorney says these automotive companies bought vehicles at auction with money provided by banks, currency exchanges and individuals “associated with, funded by, controlled by, or directed by” Hezbollah.
A lawyer for the companies said his clients are not connected to Hezbollah and had no knowledge that money provided to them came from the group.
A total of about $248 million was wired from Lebanon to the 30 car buyers between January 2007 and early 2011, according to the U.S. Attorney in Manhattan.. A restraining order accompanying the forfeiture action says the U.S. seeks “all assets” of the car buyers, “including but not limited to” the $248 million sent to their accounts “and proceeds traceable thereto.”
It is illegal for any American citizen to deal in property or interests of Hezbollah, which the U.S. government identifies as one of the nation’s top enemies, responsible for the bombing of the U.S. Marine barracks in Beirut in 1983 and other deadly attacks against Americans.




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