HEZBOLLAH’S MONEY LAUNDERING AND DRUG TRAFFICKING NETWORKS IN LATIN AMERICA

A new report from the Begin-Sadat Center for Strategic Studies at the Bar-Ilan University in Israel says that Hezbollah has built a well-oiled, multi-billion-dollar money laundering and drug trafficking machine in Latin America that cleans organised crime’s ill-gotten gains through multiple waypoints in the Western hemisphere, West Africa, Europe and the Middle East.  It focuses on the Tri-Border Area (TBA), where the frontiers of Argentina, Brazil, and Paraguay meet.  The report sets out to explain how the laundromat works, and what the US can do to stop it.

https://besacenter.org/wp-content/uploads/2021/07/194web.pdf

 

 

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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