Government Articles

The Khalil Majzoub Brothers’ Corporate Network: Possible Vehicle for Money Movement & Sanctions Evasion on Behalf of Venezuelan Government

Almost a year has passed since authorities in Cape Verde arrested Alex Nain Saab Moran, an alleged financial fixer and deal maker for the Maduro regime in Venezuela. Saab’s arrest and potential extradition to the U.S. will likely curtail his direct role in any future...

Records from Iran’s Securities Regulator Can Help Unwind UBO Obfuscation Techniques

A common sanctions evasion technique used by Iranian companies is to obscure corporate ownership ties behind a complex layer of offshore shell companies and affiliates. This technique makes it difficult to identify the offshore holdings of sanctioned Iranian entities,...

PIF Investments in U.S. Companies Could Create Vulnerabilities to Potential Sanctions & Complicate Planned Strategic Projects

A recent report from the U.S. intelligence community concluded that Mohammed Bin Salman (MBS), the crown prince and de facto leader of Saudi Arabia, ordered the “capture or killing” of journalist Jamal Khashoggi in 2018. Now calls are coming from human rights...

Trademark and Tax Records Tie Multi-ton Cocaine Seizure in Hamburg to Paraguayan Paint Company

A multi-ton cocaine seizure in the city of Hamburg, Germany conducted earlier this month is connected to a company based in Paraguay, according to Paraguayan tax and trademark records. The seizure itself highlights the continued role of European ports in receiving...