Three men have been indicted—and two have been arrested—on charges that they operated an unlicensed money-transmitting business that moved more than $65 million between the United States and several countries in the Middle East, U.S. Attorney Damian Williams of the Southern District of New York announced Friday.
Prosecutors unsealed an indictment charging Mohanad Al-Zubaidi, Shaker Saleh Mohammed Hauter and Abdulkader Noori Hamza with operating an unlicensed money-transmitting business and conspiring to do so. Hamza, who is Al-Zubaidi’s father, is still at large, prosecutors said.
