07 Dec 2018
AP — A Lebanese businessman accused of providing millions of dollars to the Hezbollah militant group pleaded guilty Thursday and admitted his role in a money laundering conspiracy in an effort to evade U.S. sanctions, the Justice Department said.
Kassim Tajideen, 63, of Beirut, was accused of conspiring with at least five other people to conduct over $50 million in transactions with U.S. businesses, in violation of sanctions that barred him from doing business with U.S. people and companies because of his support for Hezbollah.
Tajideen and the five other people, whose names weren’t revealed, also engaged in transactions outside the U.S. that transmitted more than $1 billion through U.S. financial institutions, federal prosecutors said.
Link to AP.
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