US slaps Hezbollah financier with 5-year prison sentence, $50m. fine


(Worthy News) – A Lebanese businessman designated by US authorities as an important financial supporter of Hezbollah was sentenced to five years in prison and ordered to forfeit $50 million, the Justice Department said Thursday.

Kassim Tajideen, 63, pleaded guilty in December to one count of conspiracy to launder money as part of a scheme to evade US sanctions.

He was named a Specially Designated Global Terrorist in May 2009 by the Treasury Department based on tens of millions of dollars in financial support given to Hezbollah, a Shiite political party and Iran-backed terrorist group in Lebanon. [ Source: Times of Israel (Read More…) ]

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