2009-11-12

Feds to Seize New York Properties Linked to IRI

Via Cyrus at Facebook, here's The Daily News:
Putting the squeeze on Tehran, the feds moved Thursday to seize a mosque in Queens and a Fifth Avenue skyscraper from a nonprofit organization suspected of secretly funneling money to Iran.

"The Alavi Foundation has effectively been a front for the government of Iran," said Manhattan US Attorney Preet Bharara, who sued to grab more than $500 million in assets.

Read it all at the link.