OFAC

Arms dealers wanted by the FBI are also based in Cyprus

by
Arms dealers wanted by the FBI are also based in Cyprus

Two businessmen of Arab origin linked to illegal arms trafficking to states hostile to the West have been connected to Cyprus. The individuals, Samir Raja and Mohammad Deiry, are wanted by the FBI and have set up companies in Cyprus for their activities. They are believed to be involved in arms trafficking without licenses and money laundering. The companies involved, S. Group Airlines Ltd and Centuronic Ltd, were recently sanctioned by the US Treasury Department.

U.S., Cyprus boost ties to crack down on money laundering

by
U.S., Cyprus boost ties to crack down on money laundering

Cyprus and the US embassy in Nicosia are collaborating to combat money laundering and financial fraud. The US Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are working with Cypriot authorities to identify and prosecute financial crimes. The FBI and Cyprus police will sign a memorandum of understanding to formalize their cooperation. Additionally, a Cyprus-based company, Tokentrust Holdings, faced sanctions from the US for its connections to Russia’s financial sector.