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Term of the week: money mule

May 20, 2015

Money mules are often used to surfeit money or goods on behalf of third parties. The technique is used by a variety of criminals including terrorists, who use the method to transfer money to each other to finance operations. One book defines a money mule as: A person who transfers money and/or reships valuable, fraudulently-obtained […]

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Dawood targets the poor for money mule scheme

March 17, 2015

Dawood Ibrahim, the international fugitive, terrorist financier, and underworld kingpin, is reportedly opening bank accounts in India through unsuspecting depositors. Dawood and his “D-Gang” agents are offering money to poor people in rural areas to open new bank accounts under their own names, then turn their ATM cards back over to Dawood’s operatives. Compliance standards […]

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More details emerge on Paraguay’s Hezbollah drug lord

March 5, 2013

In January we learned about Wassim el Abd Fadel, a Lebanese financier of Hezbollah.  A surprising amount of detail has been disseminated through the press about this case.  Now even more has been released.  Thanks to El Grillo for sending this over this update: Drug lord in Paraguay linked to Hezbollah It was mid-December last […]

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Police: Lebanese expat transferred $50K-$200K per deposit to fund terrorist training

January 29, 2013

Hezbollah banks in Syria and Turkey received proceeds from Wassim el Abd Fadel’s CD and DVD pirating scheme along with cocaine trafficking profits according to Interpol and Paraguayan police.

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Ivory terror: elephant bloodbath funds jihadists

December 3, 2012

Sudanese Arab militiamen and Somali al-Shabaab terrorists are financing their jihad from poaching raids against the endangered wildlife of their mostly Christian neighbors. The janjaweed poachers use the profits from massacring the African elephant to continue their massacres against black Africans in Darfur.  The common link is their utter disregard for life and for the […]

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Eritrea embassy in Kenya pays jihadists

September 13, 2011

Eritrea uses its embassy in Nairobi, Kenya, as a location to receive taxes money from Eritreans abroad, and to distribute money to al-Shabaab militants.