DEA Administrator Michele M. Leonhart and United States Attorney for the Southern District of New York Preet Bharara today announced the seizure of $150 million in connection with a civil money laundering and forfeiture complaint filed in December 2011 alleging a massive, international scheme in which entities linked to Hizballah, including the now defunct Lebanese Canadian Bank (“LCB”), used the U.S. financial system to launder narcotics trafficking and other criminal proceeds through West Africa and back into Lebanon.
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