Home Tag "DEA"

U.S. Seizes Hezbollah Funds

By William Tucker The U.S. Drug Enforcement Agency filed a lawsuit against the Lebanese Canadian Bank in December 2011 following allegations that the bank was laundering money for Hezbollah. The Lebanese terrorist group was using the banks to hide proceeds from drug trafficking and the sales of U.S. manufactured vehicles in Western Africa. Eventually the money made its way to Lebanon and was used to support the group’s activities.