By James TreacyManaging DirectorAML Intelligence Former US President Donald Trump’s “BIG ANNOUNCEMENT” on Thursday took most people by surprise, despite flagging the event the day before. Professional and amateur commentators alike speculated what it could be, with the following scenarios heading the list of possibilities. Trump to form a new political party Trump to run…
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Treasury Sanctions Hamas-Aligned Terrorist Fundraising Network
OFAC
WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two individuals and three entities as key financial facilitators involved in fundraising for Hamas. In the wake of the October 7, 2023 terrorist attack perpetrated by Hamas against Israel, Gaza Now engaged in fundraising efforts to support Hamas. Gaza Now and its founder Mustafa Ayash, as well Al-Qureshi Executives and Aakhirah Limited, and their director Aozma Sultana, partnered on multiple fundraising efforts. This action is being taken as part of a collaborative effort with the United Kingdom’s Office of Financial Sanctions Implementation, which is implementing sanctions on these same targets.
Financial sanctions update: Russia
OFSI
On 27 March 2024 the Foreign, Commonwealth and Development Office updated the UK Sanctions List on GOV.UK. This list provides details of those designated under regulations made under the Sanctions Act. The following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze and trust services sanctions:
- Svetlana Alexandrovna Krivonogikh (Group ID: 15726)
Operation Henhouse: over 400 arrests and £19m seized in national campaign tackling fraud
National Crime Agency
Over 400 people have been arrested in a crackdown on fraud coordinated by the National Economic Crime Centre and City of London Police. The activity, which was the third iteration of the multi-agency Operation Henhouse, ran across February and March 2024 and resulted in:
- 438 arrests
- 211 voluntary interviews
- 283 cease and desist notices
- account freezing orders of £5.1m
- seizures of cash and assets worth £13.9m
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