U.S. Seizure Of Assets May Shed Light On How Iran Launder's Its Money

The Piaget building at 650 Fifth Avenue in Manhattan

US To Seize Skyscraper And Mosques Of 'Iran-Linked Muslim Group' -- The Telegraph

Federal prosecutors in New York took legal steps on Thursday to seize four mosques and a Fifth Avenue skyscraper from a Muslim group suspected of having ties to the Iranian government.

The US government, which has accused Iran of financing terrorism and trying to get hold of nuclear weapons, filed a civil complaint in federal court seeking the forfeiture of more than $500 million (£301 million) in assets controlled by a Shia Muslim charity called the Alavi Foundation.

The assets include Islamic centres in New York, Maryland, California and Houston, more than 100 acres of land in Virginia, and a 36-storey office tower in Manhattan.

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More News On Today's Seizure Of Iranian Assets

U.S. alleges company laundered money for Iran
-- CNN
US Seeks Alavi's Stake In Piaget Building -- Wall Street Journal
U.S. moves to seize property housing an Islamic center -- L.A. Times
US mosques and New York skyscraper seized over Iran links -- The Guardian
US moves against Iran Muslim group -- Al Jazeera
US pursues 'Iran-linked' charity -- BBC
US seizing mosques, office tower over Iran ties -- Politico
US to seize mosques, skyscraper of Iran-linked group -- AFP

My Comment: This is going to hurt. The monies involved runs in the hundreds of millions.

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