The Wall Street Journal on May 15, 2012 released the following:
“By C.M. Matthews
The U.S. Department of Treasury sanctioned two members of the South Asian criminal organization “D Company” on Tuesday.
Treasury’s Office of Foreign Assets Control designated Chhota Shakeel and Ibrahim “Tiger” Memon as narcotics traffickers under the Foreign Narcotics Kingpin Designation Act.
The designations effectively prohibit U.S. citizens from conducting financial or commercial transactions with the two men, and any assets they may have under U.S. jurisdiction are frozen.
Shakeel and Memon are top lieutenants in the Dawood Ibrahim Organization, or D Company, an alleged narcotics ring that operates across South Asia and runs smuggling routes into the U.S., Western Europe, Latin America and elsewhere, according to the Treasury Department. The group and its founder, Dawood Ibrahim, were both designated in 2006.
Shakeel coordinates D Company’s dealings with other organized crime and terror groups, the Treasury Department said, while Memon controls the group’s business across South Asia. Memon is also wanted by Indian authorities for his involvement in the 1993 Mumbai bombings.
Violating designations under the Kingpin Act can lead to a range of penalties. Corporate officers can face up to 30 years in prison and fines up to $5 million, while companies face criminal fines up to $10 million.”
Douglas McNabb – McNabb Associates, P.C.’s
OFAC SDN Removal Videos:
To find additional global criminal news, please read The Global Criminal Defense Daily.
Douglas McNabb and other members of the U.S. law firm practice and write and/or report extensively on matters involving Federal Criminal Defense, INTERPOL Red Notice Removal, International Extradition Defense, OFAC SDN Sanctions Removal, International Criminal Court Defense, and US Seizure of Non-Resident, Foreign-Owned Assets. Because we have experience dealing with INTERPOL, our firm understands the inter-relationship that INTERPOL’s “Red Notice” brings to this equation.
The author of this blog is Douglas C. McNabb. Please feel free to contact him directly at email@example.com or at one of the offices listed above.
International criminal defense questions, but want to be anonymous?
|Free Skype Tel: +1.202.470.3427, OR
Free Skype call: mcnabb.mcnabbassociates