Four targeted in money laundering

June 27, 2012 at 3:51 PM

WASHINGTON, June 27 (UPI) -- The U.S. Department of Justice announced Wednesday its designation of four people involved in money-laundering for drug kingpin Ayman Joumaa.

The designations under the Foreign Narcotics Kingpin Designation Act, known as the Kingpin Act, which freezes U.S. assets and forbids commercial interaction with the designees, target Abbas Hussein Harb, Ibrahim Chibli, Ali Mohamad Saleh and Kassem Mohamad Saleh, each a member of a money-laundering network tied to Joumaa in South America with links to the Los Zetas drug ring in Mexico and the terrorist group Hezbollah in the Middle East, the Department of Justice statement said.

"The Joumaa network is a sophisticated multinational money laundering ring, which launders the proceeds of drug trafficking for the benefit of criminals and the terrorist group Hezbollah," said Undersecretary for Terrorism and Financial Intelligence David S. Cohen.

Joumaa was designated, pursuant to the Kingpin Act, in January 2011.


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