14 Indicted for allegedly trying to send money to Palestinian territories

Wednesday, October 15, 2008 | 5:27 p.m. CDT
BY The Associated Press

ST. LOUIS — Fourteen people in the St. Louis area were indicted on federal racketeering charges for allegedly conspiring to illegally transfer cash and checks to the Palestinian territories.

The indictment, announced Tuesday by U.S. Attorney Catherine Hanaway, said that since 2000, the organization has profited from bank and wire fraud, the receipt of stolen property, and the purchasing and selling of contraband cigarettes.

Hanaway said an organization, led by 33-year-old Bassam Hisham Hamed of Florissant, owned and operated convenience stores that were used to receive and sell stolen goods.

The enterprise allegedly bought stolen property at rates significantly below fair market retail value and sold them through the convenience stores at a large profit.

 

 

Show Me the Errors (What's this?)

Report corrections or additions here. Leave comments below here.

You must be logged in to participate in the Show Me the Errors contest.

Comments

Leave a comment

Speak up and join the conversation! Make sure to follow the guidelines outlined below and register with our site. You must be logged in to comment. (Our full comment policy is here.)

  • Don't use obscene, profane or vulgar language.
  • Don't use language that makes personal attacks on fellow commenters or discriminates based on race, religion, gender or ethnicity.
  • Use your real first and last name when registering on the website. It will be published with every comment. (Read why we ask for that here.)
  • Don’t solicit or promote businesses.

We are not able to monitor every comment that comes through. If you see something objectionable, please click the "Report comment" link.

You must be logged in to comment.

Forget your password?

Don't have an account? Register here.

Like the Missourian?
Support us with Kachingle!

advertisements