BALTIMORE , Sept. 20 /PRNewswire-USNewswire/ -- A federal grand jury has
indicted thirty nine individuals and one business on charges arising from
money laundering, conspiracy to bribe a public official, operating unlicensed
money transmitting businesses and failing to file currency transaction
reports, announced United States Attorney for the District of Maryland Rod J.
Rosenstein. One defendant is also charged with one count of concealment of
terrorist financing. The four indictments seek a total of
United States Attorney Rod J. Rosenstein said, "Operation Cash-Out was a wide-ranging undercover investigation that yielded evidence of four separate criminal schemes involving at least 46 defendants in the United States , Spain , Canada and Belgium . Three of the indictments involve money laundering hawala schemes exposed through an undercover investigation in which a cooperating witness pretended to operate a business engaged in criminal activity. The indictments allege that the hawala money-transmitting businesses laundered millions of dollars that they believed were the proceeds of illegal activities such as drug dealing, by accepting the money in the United States and returning it in other countries. One of the defendants, Saifullah Ranjha, is alleged to have laundered money that he believed was to be used by al Qaeda, a foreign terrorist organization. The fourth indictment alleges a scheme in which many defendants conspired to bribe public officials with the U.S. Citizenship and Immigration Services to illegally obtain green cards and the Maryland Comptroller's Office to receive abatement of taxes owed to the state."
U.S. v. Saifullah Ranjha et al., MJG- 07-0239
According to the 31-count second superseding indictment returned in U.S.
v. Saifullah Ranjha et al., Saifullah Ranjha operated Hamza, Inc., a money
remitting business in Washington, D.C. From October 2003 to the present,
Ranjha, Hamza, Inc. and five other defendants allegedly conspired to launder
Count two of the indictment alleges that from February 2004 to the present, Saifullah Ranjha concealed the source and ownership of the funds he received from the witness that Ranjha believed were destined for al Qaeda, a foreign terrorist organization.