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US Targets Iranian Counterfeit Scheme in Yemen

Behnam Ben Taleblu
20th November 2017 - Quoted by Jeff Seldin - VOA News

U.S. officials are spotlighting Iran’s efforts to spread its influence across the Middle East with what they describe as a “large-scale” counterfeiting operation, sophisticated enough to fool some European regulators.

Treasury officials in Washington exposed the counterfeiting ring Monday, sanctioning a network of individuals and companies, including two based in Germany, linked to Iran's Revolutionary Guards (IRGC) and its elite Qods Force.

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“This sends a pretty strong political statement that it is in Europe’s interest to care,” said Behnam Ben Taleblu, a senior Iran analyst at Foundation for Defense of Democracies. “It's European jurisdiction and European technology.”

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Tags

illicit-finance, iran, yemen