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Home » Two men responsible for running hawala scheme involving more than $65 million sentenced to three years in prison

Two men responsible for running hawala scheme involving more than $65 million sentenced to three years in prison

April 23, 2025 — Jay Clayton, the United States Attorney for the Southern District of New York, announced that Mohanad Al-Zubaidi and Shaker Saleh Mohammed Hauter were both sentenced to three years in prison for operating an unlicensed money transmitting business that was responsible for illicitly moving more than $65 million between the United States and countries in the Middle East, including Yemen, Turkey, Iraq, the United Arab Emirates, and Jordan.  Read More