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US Warns Iran Is Abusing Religious Charities to Fund Terrorism

The US Treasury cautioned banks over Tehran's use of religious charity networks and urged them to report illicit transactions.

The U.S. Treasury Department building in Washington, D.C., 2014
The U.S. Treasury Department building in Washington, D.C., 2014 · Photo: Roman Boed · CC BY 2.0 · Wikimedia Commons

The US Department of the Treasury is warning that Iran is abusing religious charities to finance terrorism, financial outlets AML Intelligence and MLex reported.

According to the reports, authorities in Washington instructed banks and financial institutions to monitor and report any illicit abuse of religious charity networks by the regime in Tehran.

At this stage, further official details regarding the specific organizations involved, the networks identified, or the financial sums transferred have not yet been released.

Sources: AML Intelligence, MLex

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