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FOX NEWS.....US Sanctions Target Money Laundering Operations in Panama and Colombia. The U.S. Treasury Department announced Thursday that it has issued sanctions against two Lebanese-Colombian men suspected of laundering money for drug cartels operating in Mexico and Colombia.
The Treasury Department’s Office of Foreign Assets Control (OFAC) said that Jorge Fadlallah Cheaitelly and Mohamad Zouheir El Khansa are allegedly involved in laundering proceeds from drug traffickers through networks in Panama and Colombia. OFAC also named nine other individuals and 28 entities in Colombia, Panama, Lebanon, and Hong Kong with ties to Cheaitelly and El Khansa.
“Jorge Fadlallah Cheaitelly runs an extensive money laundering network based in Panama and Colombia with ties to Mexico, Lebanon, and Hong Kong,” said Adam J. Szubin, director of OFAC. “By designating these individuals and companies we are exposing a significant international money laundering network, forcing them out of the international financial system, and undermining their ability to launder drug money through a global support network for the Mexican and Colombian drug cartels.” These criminals and their entities operate in the shadows, using sophisticated means and various business fronts to launder drug trafficking proceeds worldwide.
The actions against the two men came after investigations from the Drug Enforcement Administration (DEA), Immigration and Customs Enforcement (ICE) and the New York City Police Department. As with similar actions taken against members of Mexico’s drug cartels, the sanction’s block any assets the two men have in the U.S. and also prevent Americans from doing business with them.
Jorge Fadlallah Cheaitelly allegedly leads the Panama-based drug trafficking and money laundering organization that has operation throughout Latin America as well as the Middle East and Hong Kong. Along with the 28 companies controlled by the two men, the OFAC sanctions targeted key members of the Cheaitelly/El Khansa criminal organization in the Colombian cities of Cali, Barranquilla and Maicao.
The Treasury Department released a chart of the associates and businesses connected to the Cheaitelly/El Khansa organization. One of the businesses targeted in the action, Junior International S.A., was previously controlled by Ayman Joumaa, who was sanctioned in January under the Treasury Department’s Kingpin Act. The Kingpin Act targets the financial networks of significant foreign narcotics traffickers and their organizations worldwide.
Joumaa was charged earlier this month in the U.S. with cocaine distribution and money laundering through the Lebanese Canadian Bank. With the permission of the U.S, the assets were purchased by a Beirut-based branch of Societe Generale after the Treasury Department issued a finding against it as a “primary money-laundering concern,” according to the Wall Street Journal, MORE FROM THIS SOURCE...
The accusations came two days after an indictment in federal court in 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.
From approximately Jan. 1, 2007, to early 2011, at least $329 million was transferred by wire from LCB, the Hassan Ayash Exchange Company, the Ellissa Exchange Company and other Lebanese financial institutions, including Middle East and Africa Bank, the Federal Bank of Lebanon and BLOM Bank, to the United States for the purchase and shipment of used cars.
The car buyers (USED CAR DEALERS LISTED BELOW) in the United States typically had little or no property or assets other than the bank accounts used to receive the overseas wire transfers. The cars were primarily shipped to Cotonou, Benin, where they were housed and sold from large car parks, including one owned by the Ellissa Group, a subsidiary of Ellissa Holding.
The DEA complaint offers fresh details about the workings of what it says was a scheme to launder South American cocaine cash and Hezbollah’s own money, naming the American-based auto dealers and people it says were Hezbollah operatives, the used car dealers in the USA are;
2). A & J Auto Sales Inc Lansing MI
3). Ace Auto Leasing Inc.Tulsa, OK
4). ARZ Export LLC Columbia, MD
5). Auto Care LLC d/b/a Golden Eagle Vernon, CT
6). Auto Rama Inc. Detroit, MI
7). Baaklini North America Inc. Fairburn, GA
8). Bassam G. Hanna d/b/a Cary Auto Sales Cary, NC
9). Car UZD and Mid Overseas ·Inc.d/b/a Car UZD Miami, FL
10). Cary Auto Sales Inc. Cary, NC
11). Cedar Exports Auto Sales Mt. Juliet, TN
12). Eagle Auto Sales Inc. Dearborn Heights, MI
13). Edya Export Import Inc. Holly Hill, FL
14). EZ Auto Export LLC New Britain, CT
15). Ezedine Brothers LLC Hartford, CT
16). Global Auto LLC South Windsor, CT
17). Global Shipping Services Detroit, MI
18). H & D Export Import Inc. Detroit, MI
19). HH Automotive Inc. Detroit, MI
20). Hijazi General Trading LLC Burtonsville, MD
21). Jean Y. Chedid Trading Est d/b/a Jean Y. Chedid Dartmouth , MA
22). Kamal Al Khawand Dayton, OH
23). Kassab Auto Dealer LLC North Arlington, NJ
24). MGM Global Trading LLC South Windsor, CT
25). Myles Auto Sales New Bradford, MA
26). Poliproject Inc. d/b/a Fouad Autotrade St. Lawrence, MA
27). Safari Enterprises LLC, Sahari Motors Orlando, FL
28). United Auto Enterprize Inc. Redford, MI
29). United Quality Auto Sales Inc., Detroit, MI
30). World Auto Sales LLC, Birmingham, AL
Bill Warner Sarasota Private Investigator, SEX, CRIME, CHEATERS & TERRORISM at www.wbipi.com