Vancouver’s Dr. Death and our terrorism ties

Tweet I’ve written before on the story of how a Vancouver public company’s main source of revenues was supplying the precursor drug which allowed Mexican drug cartels to cook crystal meth in underground factories in California, which started the crystal meth epidemic across the United States, and caused countless untimely deaths.  As of 2021, 52,400 […]

Israeli court rules that asset recovery for terrorism judgments can be collected from foreign duty and tax authorities

Tweet Judgment day in Jerusalem The Jerusalem District Court has ruled that damages awarded to victims of acts of terrorism can be satisfied over time from taxes and duties collected for another foreign state. The ruling arose from a tort litigation filed in Jerusalem involving claims for compensation from a number of terrorist acts committed […]

A Hezbollah terrorist sleeper agent with family in Canada, says his family name is akin to being the “Bin Ladens of Lebanon”

Tweet It seems that some of the “Bin Ladens of Lebanon” are living in Canada. Let’s go back a month ago to December 3, 2019. On that day, a man named Ali Kourani was sentenced to 40 years in prison in New York for terrorism-related activities. Kourani is deeply connected to the highest ranks of […]

OFAC releases framework for sanctions compliance

Tweet The Department of the Treasury’s Office of Foreign Assets Control (OFAC) published a framework for sanctions compliance yesterday which describes the sanctions compliance program standards for US legal and natural persons and for US-origin goods or services. The framework mirrors the requirements for a competence AML program and includes: commitment from the top down […]

Bitcoin for terrorist financing linked to an exchange

Tweet For years now, people in the digital currency space have expressed concern about digital currency exchanges and digital currencies being abused for terrorist financing. Another report, this time from researchers at BellingCat, have apparently traced the use of a digital currency exchange directly to a terrorist group. Terrorist financing is not only prohibited and […]

Hezbollah financier arrested for laundering $10 million at casino

Tweet An alleged financier for Hezbollah, Assad Ahmad Barakat, was arrested in Brazil, accused of laundering $10 million at a casino in Argentina. In 2004, the US Treasury said Barakat was one of the most influential members of  Hezbollah, a listed terrorist organization. It accused him of using his businesses in the border areas of Brazil, Paraguay […]

How the US Alien Tort Statute might expose Canadian financial institutions

Tweet The US Supreme Court this term is ruling on a case that may impact Canadian banks and other financial institutions. The case, Jesner v. Arab Bank, involves over 6,000 petitioners from Israel who were victims of terrorism in the Middle East who filed a tort claim against a corporation in New York, the Arab […]

The non-techie guide to the Blockchain, distributed ledger tech and Bitcoin

Tweet This guide to Bitcoin, Blockchain, distributed ledger tech, and digital currencies is taken from a collection of presentations, comments, speeches we’ve made at conferences or written articles from 2012 to 2015. Bitcoin Consumer payments and ways of transferring value in Canada and globally have shifted over the last several decades from paper-based media, such […]

US to adopt national money laundering & terrorist financing strategy that includes risks from digital currencies

Tweet US President Trump signed new sanctions legislation into law on August 3, 2017, against Iran, Russia and North Korea, and at the same time, adopted a new national strategy to combat terrorist financing and money laundering. The legislation, “HR3364 – Countering America’s Adversaries Though Sanctions Act” is more than about sanctions. In large part, […]

G7 to focus on transnational criminal organizations, aviation infrastructure security, terrorist financing

Tweet The G7 released a special statement on financial crime, promising to re-double its efforts from the last 12 months on ending financial crime, in particular terrorist financing and international money laundering involving transnational criminal organizations. Every year there is a commitment to these goals but this time, the G7 has promised to turn their statements […]