A new report reveals Hezbollah is laundering funds through Lebanese payment platforms tied to Visa and MasterCard
The Hezbollah terror group is effectively laundering funds despite being under international sanctions by partnering with Lebanese payment platforms that also work with major U.S. credit card companies, according to a bombshell new report.
The Financial Times reported on Sunday that Hezbollah has developed a sophisticated system to evade sanctions by using charities — clearly linked to the terror group — and processing funds through Whish Money and OMT, two digital payment platforms headquartered in Beirut.
Whish Money and OMT are active partners of American financial giants Visa and MasterCard and help process more than $6 billion in remittances sent from abroad to Lebanon every year.