EU HAS A NEW FUNDRAISING PROGRAM TO PREVENT HEZBOLLAH'S MONEY LAUNDERING

FROM THE - JOURNALS of Monte Friesner – Criminal & Intelligence Analyst and Consulaire for WANTED SA ~ Contributed & Written by Kenneth Rijock

WILL EU BANKS NOW INTERDICT HEZBOLLAH FUNDRAISING ACTIVITIES DUE TO THE SANCTIONS NOW IMPOSED ?

The sanctioning of Hezbollah's so-called military wing, by the European Union, is a major step in the right direction, but it begs the question: How will EU banks protect themselves from terrorist financing 

activities, now that fundraising is illegal ?

Obviously, there is a well-established program of fundraising, operated by Hezbollah agents in the EU, and these pipelines must now be identified, and closed down, forthwith, lest there be exposure to charges of providing material support to terrorism.

One must assume that compliance officers at international banks, located in the EU, whose clients transfer funds to Lebanon, for any reason, are initiating a broad-based review of such clients, their lines of business, and whether the payments they send to the Middle East ultimately end up in Beirut, in Hezbollah accounts.

__________________________________

READ MORE ON : www.wantedsa.com

COUNTERFEIT MONEY FADE AWAY.

FROM THE - JOURNALS of Monte Friesner – Criminal & Intelligence Analyst and Consulaire for WANTED SA ~ Contributed & Written by Kenneth Rijock

WHERE IS THE REST OF THE COUNTERFEIT MONEY PRINTED IN GAZA ?

Palestinian officer hold captured counterfeits Hamas has announced that it has seized the equipment, and printing press, of a major counterfeiting organization, which was operating in the Palestinian Territory of Gaza.

Reportedly, tracking the person engaged in passing a counterfeit 100 Shekel note in Gaza was instrumental in the investigation. Four individuals are in custody.

The total value of the counterfeit notes seized was 20m NIS, the equivalent of USD$5.5m. International banks, and forex firms that trade in Israeli currency, should be on the alert for any bulk shipment of notes.

Obviously, if 20m was seized, there must be more of the counterfeiters' product in circulation, or stored. Watch for it. 

____________________________________

READ MORE ON : www.wantedsa.com